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Al Ansari Financial Services (DFM:ALANSARI) Net Income : د.إ461 Mil (TTM As of Mar. 2024)


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What is Al Ansari Financial Services 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. Al Ansari Financial Services's Net Income for the three months ended in Mar. 2024 was د.إ99 Mil. Its Net Income for the trailing twelve months (TTM) ended in Mar. 2024 was د.إ461 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Al Ansari Financial Services's Earnings per Share (Diluted) for the three months ended in Mar. 2024 was د.إ0.01.


Al Ansari Financial Services Net Income Historical Data

The historical data trend for Al Ansari Financial Services'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.

Al Ansari Financial Services Net Income Chart

Al Ansari Financial Services Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Net Income
330.04 374.64 491.15 594.86 495.19

Al Ansari Financial Services Quarterly Data
Dec19 Dec20 Dec21 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Net Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 133.01 130.28 124.51 107.39 98.74

Al Ansari Financial Services 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

Al Ansari Financial Services'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
=495.189+0+0+0
=495

Al Ansari Financial Services'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
=108.51+0+-9.766+0
=99

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 د.إ461 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.


Al Ansari Financial Services  (DFM:ALANSARI) 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:

Al Ansari Financial Services's Earnings per Share (Diluted) (EPS) for the quarter that ended in Mar. 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.


Al Ansari Financial Services Net Income Related Terms

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Al Ansari Financial Services (DFM:ALANSARI) Business Description

Traded in Other Exchanges
N/A
Address
Al Barsha 1, P.O Box 6176, Office No. 804, Al Ansari Business Center, Dubai, ARE
Al Ansari Financial Services is engaged in the business of buying and selling foreign currencies and traveller's cheques, cheques, executing remittance operations in local and foreign currencies, payment of wages through establishing a link to the operating system of wages protection, special products such as bill payments, cash collections, sale and reload of multi-currency prepaid cards) and transportation of cash and valuables.

Al Ansari Financial Services (DFM:ALANSARI) Headlines

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