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Wiluna Mining (ASX:WMC) Net Income : A$-276.06 Mil (TTM As of Jun. 2022)


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What is Wiluna Mining 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. Wiluna Mining's Net Income for the six months ended in Jun. 2022 was A$-259.74 Mil. Its Net Income for the trailing twelve months (TTM) ended in Jun. 2022 was A$-276.06 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Wiluna Mining's Earnings per Share (Diluted) for the six months ended in Jun. 2022 was A$-1.35.


Wiluna Mining Net Income Historical Data

The historical data trend for Wiluna Mining'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.

Wiluna Mining Net Income Chart

Wiluna Mining Annual Data
Trend Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22
Net Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only -20.03 -73.16 14.25 20.40 -276.06

Wiluna Mining Semi-Annual Data
Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22
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 -9.75 11.48 8.92 -16.32 -259.74

Wiluna Mining 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

Wiluna Mining's Net Income for the fiscal year that ended in Jun. 2022 is calculated as

Net Income(A: Jun. 2022 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-276.055+0+0+0
=-276.06

Wiluna Mining's Net Income for the quarter that ended in Jun. 2022 is calculated as

Net Income(Q: Jun. 2022 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-259.736+0+0+0
=-259.74

Net Income for the trailing twelve months (TTM) ended in Jun. 2022 adds up the semi-annually data reported by the company within the most recent 12 months, which was A$-276.06 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.


Wiluna Mining  (ASX:WMC) 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:

Wiluna Mining's Earnings per Share (Diluted) (EPS) for the quarter that ended in Jun. 2022 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.


Wiluna Mining Net Income Related Terms

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Wiluna Mining (ASX:WMC) Business Description

Traded in Other Exchanges
N/A
Address
643 Murray Street, Level 2, West Perth, Perth, WA, AUS, 6005
Wiluna Mining Corp Ltd is a Perth-based gold mining company that controls over 1,600 square kilometers of the Yilgarn Craton in the Northern Goldfields of WA. The principal activities of the company are the production of gold from the Wiluna Gold Operation; and gold exploration and development. Its project portfolio includes Wiluna, Regent, Lake Way, and Matilda.

Wiluna Mining (ASX:WMC) Headlines

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