Comelf (BSE:CMF) Net Income : lei8.2 Mil (TTM As of Mar. 2024)

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What is Comelf 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. Comelf's Net Income for the three months ended in Mar. 2024 was lei1.8 Mil. Its Net Income for the trailing twelve months (TTM) ended in Mar. 2024 was lei8.2 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Comelf's Earnings per Share (Diluted) for the three months ended in Mar. 2024 was lei0.08.

Comelf Net Income Historical Data

The historical data trend for Comelf'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.

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Comelf Net Income Chart

Comelf Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Net Income

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2.62

2.70

4.29

4.14

9.33

Comelf Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Net Income	Get a 7-Day Free Trial															2.92	1.76	2.53	2.12	1.78

Comelf 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

Comelf'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
=	10.637	+	-1.308	+	0	+	-0.0010000000000012
=	9.3

Comelf's Net Income for the quarter that ended in Mar. 2024 is calculated as

	Net Income		(Q: Mar. 2024 )
=	Pre-Tax Income	+	Tax Provision	+	Net Income (Discontinued Operations)	+	Others
=	2.081	+	-0.301	+	0	+	0
=	1.8

Net Income for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was lei8.2 Mil.

Comelf (BSE:CMF) 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:

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

Earnings per Share (Diluted) (Q: Mar. 2024 )	=	(Net Income	-	Preferred Dividends)	/	Shares Outstanding (Diluted Average)
	=	(1.78	-	0)	/	22.476
	=	0.08

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.

Comelf Net Income Related Terms

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Comelf (BSE:CMF) Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 4 Industriei Street, Bistrita Nasaud County, Bistrita, ROU, 420063

Website

http://www.comelf.ro

Comelf SA is engaged in the production of engines and turbines. The company manufactures equipment and components for power stations and environmental protection equipment for earthmoving, lifting and transportation equipment, including their sub assemblies, steel structures, weapons ammunition, road transport vehicles and military combat. Its product portfolio includes Bag Filters, scrapers for primary radial settling tanks, Mechanical equipment for methane tank, Equipment for wastewater treatment and others. Its segments consist of Factory of stainless steel products(FPI), Factory for Earth Moving Machinery and Equipment, Bag Filters and Electrostatic Precipitators(FUET) and Factory for Earth Moving Machines and Components(TERRA). The majority of its revenue is generated outside Romania.