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Auction Technology Group (LSE:ATG) Net Income : £9.4 Mil (TTM As of Mar. 2024)


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What is Auction Technology Group 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. Auction Technology Group's Net Income for the six months ended in Mar. 2024 was £6.5 Mil. Its Net Income for the trailing twelve months (TTM) ended in Mar. 2024 was £9.4 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Auction Technology Group's Earnings per Share (Diluted) for the six months ended in Mar. 2024 was £0.05.


Auction Technology Group Net Income Historical Data

The historical data trend for Auction Technology Group'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.

Auction Technology Group Net Income Chart

Auction Technology Group Annual Data
Trend Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Net Income
Get a 7-Day Free Trial -8.76 -13.38 -27.36 -6.13 16.94

Auction Technology Group Semi-Annual Data
Sep18 Sep19 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24
Net Income Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.11 -8.24 14.03 2.91 6.50

Auction Technology Group 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

Auction Technology Group's Net Income for the fiscal year that ended in Sep. 2023 is calculated as

Net Income(A: Sep. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=7.146+9.792+0+0
=16.9

Auction Technology Group'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
=3.11+3.392+0+0
=6.5

Net Income for the trailing twelve months (TTM) ended in Mar. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was £9.4 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.


Auction Technology Group  (LSE:ATG) 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:

Auction Technology Group'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.


Auction Technology Group Net Income Related Terms

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Auction Technology Group (LSE:ATG) Business Description

Traded in Other Exchanges
Address
65 Southwark Street, The Harlequin Building, London, GBR, SE1 0HR
Auction Technology Group PLC is engaged in the provision of auction technology software and related services to auction houses and other customers. Its goal is to simplify and integrate multiple parts of the online auction process, from the cataloguing of items to marketing, auction hosting, bidding and recent payment solutions. The group has four segments namely Arts and Antiques, Industrial and Commercial, Auction services, and Content. The majority of revenue is generated from Art & Antiques segment. Geographically the company serves the United Kingdom, Germany, and USA, where the majority of revenue is generated from USA.

Auction Technology Group (LSE:ATG) Headlines

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