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DRA Global (ASX:DRA) Net Income : A$19.7 Mil (TTM As of Dec. 2023)


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What is DRA Global 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. DRA Global's Net Income for the six months ended in Dec. 2023 was A$2.0 Mil. Its Net Income for the trailing twelve months (TTM) ended in Dec. 2023 was A$19.7 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. DRA Global's Earnings per Share (Diluted) for the six months ended in Dec. 2023 was A$0.03.


DRA Global Net Income Historical Data

The historical data trend for DRA Global'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.

DRA Global Net Income Chart

DRA Global Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Net Income
- 50.00 -21.87 19.70

DRA Global Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23
Net Income - -18.01 -3.86 17.66 2.04

DRA Global 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

DRA Global's Net Income for the fiscal year that ended in Dec. 2023 is calculated as

Net Income(A: Dec. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=47.611+-25.809+0+-2.107
=19.7

DRA Global's Net Income for the quarter that ended in Dec. 2023 is calculated as

Net Income(Q: Dec. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=21.254+-18.885+0+-0.33
=2.0

Net Income for the trailing twelve months (TTM) ended in Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was A$19.7 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.


DRA Global  (ASX:DRA) 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:

DRA Global's Earnings per Share (Diluted) (EPS) for the quarter that ended in Dec. 2023 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.


DRA Global Net Income Related Terms

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DRA Global (ASX:DRA) Business Description

Traded in Other Exchanges
Address
256 Adelaide Terrace, Level 8, Perth, WA, AUS, 6000
DRA Global Ltd is a diversified global engineering, project delivery, and operations management group. It provides engineering excellence through all stages of the project life cycle from concept through delivery, commissioning, operations, and rehabilitation. DRA has expertise in mining, minerals and metals processing, and related non-process infrastructure, including ESG, water, and energy solutions for the mining industry. Some of its projects are Elikhulu Gold, Yangibana Rare Earths Project, and Northam Platinum among others.

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