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Pennant Park Investment (Pennant Park Investment) Net Income : $48.74 Mil (TTM As of Dec. 2023)


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What is Pennant Park Investment 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. Pennant Park Investment's Net Income for the three months ended in Dec. 2023 was $10.65 Mil. Its Net Income for the trailing twelve months (TTM) ended in Dec. 2023 was $48.74 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Pennant Park Investment's Earnings per Share (Diluted) for the three months ended in Dec. 2023 was $0.16.


Pennant Park Investment Net Income Historical Data

The historical data trend for Pennant Park Investment'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.

Pennant Park Investment Net Income Chart

Pennant Park Investment Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Net Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.93 -15.97 166.62 -24.74 -33.81

Pennant Park Investment Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Net Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -71.89 4.87 20.95 12.27 10.65

Pennant Park Investment 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

Pennant Park Investment's Net Income for the fiscal year that ended in Sep. 2023 is calculated as

Net Income(A: Sep. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-26.136+-7.671+0+0
=-33.81

Pennant Park Investment's Net Income for the quarter that ended in Dec. 2023 is calculated as

Net Income(Q: Dec. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=10.896+-0.243+0+0
=10.65

Net Income for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $48.74 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.


Pennant Park Investment  (NYSE:PNNT) 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:

Pennant Park Investment's Earnings per Share (Diluted) (EPS) for the quarter that ended in Dec. 2023 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.


Pennant Park Investment Net Income Related Terms

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Pennant Park Investment (Pennant Park Investment) Business Description

Traded in Other Exchanges
Address
1691 Michigan Avenue, Miami Beach, FL, USA, 33139
Pennant Park Investment Corp is a closed-end, non-diversified investment company. Its investment objective is to generate current income and capital appreciation also seeking to preserve capital through debt and equity investments. The company focuses on investing in United States middle-market companies that offer attractive risk-reward to investors and to create a diversified portfolio that includes senior secured debt, mezzanine debt, and equity investments. It generates majority of its revenue from interest and dividends received from investments made.
Executives
Jose A Briones director 55 PLEASANTVILLE ROAD, NEW VERNON NJ 07976
Samuel L Katz director 9 WEST 57TH ST, NEW YORK NY 10019
Arthur H Penn officer: Chairman and CEO / Investment
Allorto Richard T Jr officer: CFO and Treasurer C/O PENNANTPARK INVESTMENT CORPORATION, 1350 AVENUE OF THE AMERICAS, NEW YORK NY 10019
Richard Cheung officer: See Remarks C/O CAREY CREDIT INCOME FUND, 330 MADISON AVENUE, NEW YORK NY 10017
Aviv Efrat officer: CFO and Treasurer C/O PENNANTPARK INVESTMENT CORPORATION, 445 PARK AVENUE, 10TH FLOOR, NEW YORK NY 10022
Adam K Bernstein director C/O PENNANTPARK INVESTMENT CORPORATION, 445 PARK AVENUE, 10TH FLOOR, NEW YORK NY 10022
Jeffrey Flug director C/O PENNANTPARK INVESTMENT CORPORATION, 445 PARK AVENUE, 10TH FLOOR, NEW YORK NY 10022
Pennantpark Investment Corp director, officer: Chairman and CEO/, other: Investment Adviser 590 MADISON AVENUE, 15TH FLOOR, NEW YORK NY 10022
Marshall Brozost director C/O PENNANTPARK INVESTMENT CORPORATION, 445 PARK AVENUE, 10TH FLOOR, NEW YORK NY 10022
Williams P Whitridge Jr other: Investment Adviser C/O PENNANTPARK INVESTMENT ADVISERS, 445 PARK AVENUE, 10TH FLOOR, NEW YORK NY 10022
Salvatore Iii Giannetti other: Investment Adviser C/O PENNANTPARK INVESTMENT ADVISERS, 445 PARK AVENUE, 10TH FLOOR, NEW YORK NY 10022
Geoffrey S Chang other: Investment Adviser C/O PENNANTPARK INVESTMENT ADVISERS, 445 PARK AVENUE, 10TH FLOOR, NEW YORK NY 10022