Mkango Resources Stock Net Income

MKA Stock   7.90  0.35  4.24%   
Mkango Resources fundamentals help investors to digest information that contributes to Mkango Resources' financial success or failures. It also enables traders to predict the movement of Mkango Stock. The fundamental analysis module provides a way to measure Mkango Resources' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Mkango Resources stock.
Last ReportedProjected for Next Year
Net Loss-4.1 M-4.3 M
Net Loss-4.2 M-4.4 M
Net Loss-5.4 M-5.1 M
As of December 12, 2024, Net Loss is expected to decline to about (4.3 M). In addition to that, Net Loss is expected to decline to about (4.4 M).
  
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Mkango Resources Company Net Income Analysis

Mkango Resources' Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.

Net Income

 = 

(Rev + Gain)

-

(Exp + Loss)

More About Net Income | All Equity Analysis

Current Mkango Resources Net Income

    
  (4.06 M)  
Most of Mkango Resources' fundamental indicators, such as Net Income, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Mkango Resources is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Competition

Mkango Accumulated Other Comprehensive Income

Accumulated Other Comprehensive Income

(66,893.3)

At present, Mkango Resources' Accumulated Other Comprehensive Income is projected to decrease significantly based on the last few years of reporting.
Based on the recorded statements, Mkango Resources reported net income of (4.06 Million). This is 66.29% lower than that of the Metals & Mining sector and significantly lower than that of the Materials industry. The net income for all United Kingdom stocks is 100.71% higher than that of the company.

Mkango Net Income Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Mkango Resources' direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Mkango Resources could also be used in its relative valuation, which is a method of valuing Mkango Resources by comparing valuation metrics of similar companies.
Mkango Resources is currently under evaluation in net income category among its peers.

Mkango Fundamentals

About Mkango Resources Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Mkango Resources's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Mkango Resources using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Mkango Resources based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

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Other Information on Investing in Mkango Stock

Mkango Resources financial ratios help investors to determine whether Mkango Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Mkango with respect to the benefits of owning Mkango Resources security.