Omai Gold Mines Stock Net Income

OMG Stock  CAD 1.66  0.08  5.06%   
Fundamental analysis of Omai Gold allows traders to better anticipate movements in Omai Gold's stock price by examining its financial health and performance throughout various phases of its business cycle.
Last ReportedProjected for Next Year
Net Loss-6.5 M-6.8 M
Net Loss-5.2 M-5.5 M
Net Loss-5.2 M-5.5 M
Net Loss(0.01)(0.01)
Net Loss is likely to drop to about (6.8 M) in 2026. Net Loss is likely to drop to about (5.5 M) in 2026.
  
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Omai Gold Mines Company Net Income Analysis

Omai Gold's 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 Omai Gold Net Income

    
  (5.77 M)  
Most of Omai Gold's 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, Omai Gold Mines is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Omai Net Income Driver Correlations

Understanding the fundamental principles of building solid financial models for Omai Gold is extremely important. It helps to project a fair market value of Omai Stock properly, considering its historical fundamentals such as Net Income. Since Omai Gold's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Omai Gold's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Omai Gold's interrelated accounts and indicators.
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

Omai Accumulated Other Comprehensive Income

Accumulated Other Comprehensive Income

11,892.2

At this time, Omai Gold's Accumulated Other Comprehensive Income is fairly stable compared to the past year.
Based on the recorded statements, Omai Gold Mines reported net income of (5.77 Million). This is 52.04% lower than that of the Metals & Mining sector and 95.84% lower than that of the Materials industry. The net income for all Canada stocks is 101.01% higher than that of the company.

Omai Net Income Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Omai Gold's 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 Omai Gold could also be used in its relative valuation, which is a method of valuing Omai Gold by comparing valuation metrics of similar companies.
Omai Gold is currently under evaluation in net income category among its peers.

Omai Gold Current Valuation Drivers

We derive many important indicators used in calculating different scores of Omai Gold from analyzing Omai Gold's financial statements. These drivers represent accounts that assess Omai Gold's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Omai Gold's important valuation drivers and their relationship over time.
202120222023202420252026 (projected)
Market Cap17.0M13.9M21.4M77.3M69.6M73.0M
Enterprise Value13.7M10.9M20.9M70.8M63.7M66.9M

Omai Fundamentals

About Omai Gold Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Omai Gold Mines's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Omai Gold using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Omai Gold Mines 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.

Thematic Opportunities

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Additional Tools for Omai Stock Analysis

When running Omai Gold's price analysis, check to measure Omai Gold's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Omai Gold is operating at the current time. Most of Omai Gold's value examination focuses on studying past and present price action to predict the probability of Omai Gold's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Omai Gold's price. Additionally, you may evaluate how the addition of Omai Gold to your portfolios can decrease your overall portfolio volatility.