GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Distribution » Flowtech Fluidpower PLC (LSE:FLO) » Definitions » Net Income

Flowtech Fluidpower (LSE:FLO) Net Income : £-13.0 Mil (TTM As of Dec. 2023)


View and export this data going back to 2014. Start your Free Trial

What is Flowtech Fluidpower 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. Flowtech Fluidpower's Net Income for the six months ended in Dec. 2023 was £-14.4 Mil. Its Net Income for the trailing twelve months (TTM) ended in Dec. 2023 was £-13.0 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Flowtech Fluidpower's Earnings per Share (Diluted) for the six months ended in Dec. 2023 was £-0.23.


Flowtech Fluidpower Net Income Historical Data

The historical data trend for Flowtech Fluidpower'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.

Flowtech Fluidpower Net Income Chart

Flowtech Fluidpower Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.74 -2.17 2.14 -6.25 -12.98

Flowtech Fluidpower Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 0.28 2.61 -8.86 1.40 -14.38

Flowtech Fluidpower 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

Flowtech Fluidpower'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
=-12.102+-0.875+0+0
=-13.0

Flowtech Fluidpower'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
=-13.726+-0.655+0+0
=-14.4

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 £-13.0 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.


Flowtech Fluidpower  (LSE:FLO) 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:

Flowtech Fluidpower'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.


Flowtech Fluidpower Net Income Related Terms

Thank you for viewing the detailed overview of Flowtech Fluidpower's Net Income provided by GuruFocus.com. Please click on the following links to see related term pages.


Flowtech Fluidpower (LSE:FLO) Business Description

Traded in Other Exchanges
Address
Bollin House, Bollin Walk, Wilmslow, GBR, SK9 1DP
Flowtech Fluidpower PLC is a supplier of technical fluid power products with modern distribution facilities in the UK and Benelux. The company operates in three segments, Flowtech, Fluidpower Group Solutions and Fluidpower Group Services. It derives majority of its revenue from the United Kingdom and has a presence in Europe and the Rest of the World.

Flowtech Fluidpower (LSE:FLO) Headlines

From GuruFocus

FLOWERS FOODS DECLARES DIVIDEND

By PRNewswire PRNewswire 02-17-2023

Flowers Foods to Report First Quarter 2023 Results Announcement

By sperokesalga sperokesalga 05-04-2023

FLOWERS FOODS DECLARES DIVIDEND

By PRNewswire PRNewswire 05-25-2023

Top 5 4th Quarter Trades of Southeast Asset Advisors Inc.

By GuruFocus Research GuruFocus Editor 02-10-2023

FLOWERS FOODS COMPLETES ACQUISITION OF PAPA PITA BAKERY

By PRNewswire PRNewswire 02-20-2023

FLOWERS FOODS DECLARES DIVIDEND

By PRNewswire 08-18-2023

FLOWERS FOODS DECLARES DIVIDEND

By PRNewswire PRNewswire 11-18-2022