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Astra Energy (Astra Energy) Net Income : $-8.49 Mil (TTM As of Feb. 2024)


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What is Astra Energy Net Income?

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax. Astra Energy's Net Income for the three months ended in Feb. 2024 was $-0.40 Mil. Its Net Income for the trailing twelve months (TTM) ended in Feb. 2024 was $-8.49 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Astra Energy's Earnings per Share (Diluted) for the three months ended in Feb. 2024 was $-0.01.


Astra Energy Net Income Historical Data

The historical data trend for Astra Energy's Net Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Astra Energy Net Income Chart

Astra Energy Annual Data
Trend Sep05 Aug06 Aug07 Aug08 Aug09 Aug21 Aug22 Aug23
Net Income
Get a 7-Day Free Trial -3.68 -2.27 -1.06 -12.34 -10.43

Astra Energy Quarterly Data
Aug08 Nov08 Feb09 May09 Aug09 Nov09 Feb10 May10 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
Net Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -1.05 -0.22 -7.56 -0.32 -0.40

Astra Energy Net Income Calculation

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax.

Net Income
= Revenue - Cost of Goods Sold - Selling, General, & Admin. Expense - Research & Development - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= EBITDA - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Operating Income - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Pre-Tax Income - Tax Expense + Others

Astra Energy's Net Income for the fiscal year that ended in Aug. 2023 is calculated as

Net Income(A: Aug. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-10.431+0+0+0
=-10.43

Astra Energy's Net Income for the quarter that ended in Feb. 2024 is calculated as

Net Income(Q: Feb. 2024 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-0.396+0+0+0
=-0.40

Net Income for the trailing twelve months (TTM) ended in Feb. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-8.49 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Astra Energy  (OTCPK:ASRE) Net Income Explanation

Net Income is the most widely cited number in reporting a company's profitability. It is linked to the most popular earnings-per-share (EPS) number through:

Astra Energy's Earnings per Share (Diluted) (EPS) for the quarter that ended in Feb. 2024 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

EPS is most useful for companies that have:

A predictable business
Consistent accounting methods
And few restructurings

The dividend paid to preferred stocks needs to be subtracted from the total net income in the calculation of EPS because common stock holders are not entitled to that part of the net income.


Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred Net Income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.


Astra Energy Net Income Related Terms

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Astra Energy (Astra Energy) Business Description

Traded in Other Exchanges
N/A
Address
9565 Waples Street, Suite 200, San Diego, CA, USA, 92121
Astra Energy Inc is engaged in waste management industry and the electricity and power generation sectors with a focus on energy production from solar, waste conversion and clean burning fuels. The company invests in and develops renewable and clean energy projects in markets where demand is high, supply is limited and there is an opportunity to address other imminent market needs, while also cultivating a portfolio of intellectual property and licenses for renewable energy technology and generating projects to deploy that technology. Its projects include Zanzibar Clean and Renewable Energy Park, 350 Megawatt Combined Cycle Power Plant and others.
Executives
Lisa Thompson officer: Corporate Secretary 27-9045 WALNUT GROVE DRIVE, LANGLEY Z4 V1M2E1
Rachel Boulds Cpa, Pllc officer: CFO 6371 S. GLENOAKS STREET, MURRAY UT 84107
Christopher Harold Wall director 6301 COLLINS AVENUE, #2403, MIAMI BEACH FL 33141
Javier H Idrovo director THE HERSHEY COMPANY, 100 CRYSTAL A DRIVE, HERSHEY X1 17033
Vcaf Gp, Llc 10 percent owner C/O VISION CAPITAL ADVISORS, 20 WEST 55TH STREET, 5TH FLOOR, NEW YORK NY 10019
Vision Capital Advantage Fund, L.p. 10 percent owner C/O VISION CAPITAL ADVISORS, 20 WEST 55TH STREET, 5TH FLOOR, NEW YORK NY 10019
Vision Opportunity Master Fund, Ltd. 10 percent owner C/O OGIER FIDUCIARY SERVICES (CAY) LTD., 88 NEXUS WAY, CAMANA BAY, GRAND CAYMAN E9 KY1-9007
Vision Capital Advisors, Llc 10 percent owner 20 WEST 55TH STREET, 5TH FLOOR, NEW YORK NY 10019
Adam Benowitz 10 percent owner C/O VISION CAPITAL ADVISORS, LLC, 20 WEST 55TH STREET, 5TH FLOOR, NEW YORK NY 10019
Ian Andrew Fraser director 3056 WEST 2ND AVENUE, VANCOUVER A1 V6K 1K4
Tri Point Capital Advisors Llc 10 percent owner 15245 SHADY GROVE RD, STE 400, ROCKVILLE MD 20850
Robert Rooks director 1912 PINE STREET, HUNTINGTON BEACH CA 92648
Michael Robert Boswell director, officer: Acting Chief Financial Officer 400 PROFESSIONAL DRIVE, SUITE 310, GAITHERSBURG MD 20879
Darryl Horton director 35368 EAGLE MOUNTAIN DRIVE, ABBOTSFORD A1 V3G2X7
Robert Saunders 10 percent owner, officer: Chief Executive Officer 5552 WEST ISLAND HWY, QUALICUM BEACH A1 V9K2C8

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