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Oneiro Energy (LSE:ONE) Net Income : £-0.28 Mil (TTM As of Jan. 2024)


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What is Oneiro Energy 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. Oneiro Energy's Net Income for the six months ended in Jan. 2024 was £-0.01 Mil. Its Net Income for the trailing twelve months (TTM) ended in Jan. 2024 was £-0.28 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Oneiro Energy's Earnings per Share (Diluted) for the six months ended in Jan. 2024 was £-0.00.


Oneiro Energy Net Income Historical Data

The historical data trend for Oneiro Energy'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.

Oneiro Energy Net Income Chart

Oneiro Energy Annual Data
Trend Jan22 Jan23 Jan24
Net Income
-0.17 -0.25 -0.28

Oneiro Energy Semi-Annual Data
Jul21 Jan22 Jul22 Jan23 Jul23 Jan24
Net Income Get a 7-Day Free Trial -0.12 -0.13 -0.12 -0.27 -0.01

Oneiro Energy 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

Oneiro Energy's Net Income for the fiscal year that ended in Jan. 2024 is calculated as

Net Income(A: Jan. 2024 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-0.276+0+0+0
=-0.28

Oneiro Energy's Net Income for the quarter that ended in Jan. 2024 is calculated as

Net Income(Q: Jan. 2024 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-0.003+-0.007+0+-0.001
=-0.01

Net Income for the trailing twelve months (TTM) ended in Jan. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was £-0.28 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.


Oneiro Energy  (LSE:ONE) 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:

Oneiro Energy's Earnings per Share (Diluted) (EPS) for the quarter that ended in Jan. 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.


Oneiro Energy Net Income Related Terms

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Oneiro Energy (LSE:ONE) Business Description

Traded in Other Exchanges
N/A
Address
1 Mayfair Place, Devonshire House, London, GBR, W1J 8AJ
Oneiro Energy PLC is a special-purpose acquisition vehicle that will focus on acquisition opportunities within the broad energy industry, in particular on upstream oil and gas exploration or appraisal opportunities.

Oneiro Energy (LSE:ONE) Headlines