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GDEP Advance (TSE:5885) Net Income : 円370 Mil (TTM As of Feb. 2024)


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What is GDEP Advance 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. GDEP Advance's Net Income for the three months ended in Feb. 2024 was 円142 Mil. Its Net Income for the trailing twelve months (TTM) ended in Feb. 2024 was 円370 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. GDEP Advance's Earnings per Share (Diluted) for the three months ended in Feb. 2024 was 円102.56.


GDEP Advance Net Income Historical Data

The historical data trend for GDEP Advance'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.

GDEP Advance Net Income Chart

GDEP Advance Annual Data
Trend May21 May22 May23
Net Income
233.07 283.18 378.29

GDEP Advance Quarterly Data
May21 May22 Feb23 May23 Aug23 Nov23 Feb24
Net Income Get a 7-Day Free Trial - 56.85 67.58 103.40 142.05

GDEP Advance 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

GDEP Advance's Net Income for the fiscal year that ended in May. 2023 is calculated as

Net Income(A: May. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=568.893+-190.599+0+-5.6843418860808E-14
=378

GDEP Advance's Net Income for the quarter that ended in Feb. 2024 is calculated as

Net Income(Q: Feb. 2024 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=204.718+-62.666+0+-0.0010000000000048
=142

Net Income for the trailing twelve months (TTM) ended in Feb. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was 円370 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.


GDEP Advance  (TSE:5885) 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:

GDEP Advance's Earnings per Share (Diluted) (EPS) for the quarter that ended in Feb. 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.


GDEP Advance Net Income Related Terms

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GDEP Advance (TSE:5885) Business Description

Traded in Other Exchanges
N/A
Address
3-4-33 Kokubuncho, 8th floor, Sendai Jozenji Building, Aoba-ku, Sendai, JPN, 980-0803
GDEP Advance Inc is engaged in the Sales Business of hardware and other products that enable advanced processing such as AI learning. The company's products include Graphic boards, Computing boards, FPGA boards, Deep learning boxes, fsv-rm1u4b, and others.

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