Ventia Services Group (ASX:VNT) Net Income From Continuing Operations : A$203 Mil (TTM As of Jun. 2024)

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What is Ventia Services Group Net Income From Continuing Operations?

Net Income From Continuing Operations indicates the net income that a firm brings in from ongoing business activities. These activities are expected to continue into the next reporting period. Ventia Services Group's net income from continuing operations for the six months ended in Jun. 2024 was A$101 Mil. Its net income from continuing operations for the trailing twelve months (TTM) ended in Jun. 2024 was A$203 Mil.

Ventia Services Group Net Income From Continuing Operations Historical Data

The historical data trend for Ventia Services Group's Net Income From Continuing Operations 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.

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Ventia Services Group Net Income From Continuing Operations Chart

Ventia Services Group Annual Data

Trend

Dec21

Dec22

Dec23

Net Income From Continuing Operations

-5.10

191.20

189.80

Ventia Services Group Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Net Income From Continuing Operations	Get a 7-Day Free Trial			105.00	86.20	88.30	101.50	101.40

Ventia Services Group Net Income From Continuing Operations Calculation

Net Income From Continuing Operations indicates the net income that a firm brings in from ongoing business activities. These activities are expected to continue into the next reporting period. It excludes extraordinary items, income from the cumulative effects of accounting changes, non-recurring items, income from tax loss carry forward, and preferred dividends.

Net Income From Continuing Operations for the trailing twelve months (TTM) ended in Jun. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was A$203 Mil.

Ventia Services Group Business Description

Industry

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Traded in Other Exchanges

VNT:New Zealand

Address

80 Pacific Highway, Level 8, North Sydney, Sydney, NSW, AUS, 2060

Website

https://www.ventia.com

While Ventia is not the largest player with an estimated 7.5% share of addressable markets, it is a leading infrastructure maintenance services provider in Australia and New Zealand. Its capabilities span the full asset lifecycle including operations and maintenance, facilities management, minor capital works, environmental services, and other solutions. And its business model is favorably capital-light via flexing of a large contractor base complementing a deep pool of talented employees. Ventia has long-term relationships with a diverse range of public and private sector clients with many client relationships maintained for decades. Contracts are favorably long with an average five-year duration at inception and most containing some form of embedded price escalation.