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WinVest Acquisition (WinVest Acquisition) Net Income : $-0.85 Mil (TTM As of Mar. 2024)


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What is WinVest Acquisition 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. WinVest Acquisition's Net Income for the three months ended in Mar. 2024 was $-0.11 Mil. Its Net Income for the trailing twelve months (TTM) ended in Mar. 2024 was $-0.85 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. WinVest Acquisition's Earnings per Share (Diluted) for the three months ended in Mar. 2024 was $-0.03.


WinVest Acquisition Net Income Historical Data

The historical data trend for WinVest Acquisition'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.

WinVest Acquisition Net Income Chart

WinVest Acquisition Annual Data
Trend Dec21 Dec22 Dec23
Net Income
- -0.23 -1.15

WinVest Acquisition Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Net Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.41 -0.46 -0.10 -0.18 -0.11

WinVest Acquisition 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

WinVest Acquisition's Net Income for the fiscal year that ended in Dec. 2023 is calculated as

Net Income(A: Dec. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-1.016+-0.132+0+2.2204460492503E-16
=-1.15

WinVest Acquisition's Net Income for the quarter that ended in Mar. 2024 is calculated as

Net Income(Q: Mar. 2024 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-0.082+-0.024+0+1.3877787807814E-17
=-0.11

Net Income for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.85 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.


WinVest Acquisition  (NAS:WINV) 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:

WinVest Acquisition's Earnings per Share (Diluted) (EPS) for the quarter that ended in Mar. 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.


WinVest Acquisition Net Income Related Terms

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WinVest Acquisition (WinVest Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
125 Cambridgepark Drive, Suite 301, Cambridge, MA, USA, 02140
Website
WinVest Acquisition Corp is a blank check company formed for the purpose of entering into a merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization or other similar business combination with one or more businesses or entities.
Executives
Jeff Leblanc 10 percent owner 125 CAMBRIDGEPARK DRIVE, SUITE 301, CAMBRIDGE MA 02140
Barrie R. Zesiger director 125 CAMBRIDGEPARK DRIVE, SUITE 301, CAMBRIDGE MA 02140
Owl Creek Asset Management, L.p. 10 percent owner 640 FIFTH AVENUE, 20TH FLOOR, NEW YORK NY 10019
Jeffrey A Altman 10 percent owner 640 FIFTH AVENUE, 20TH FLOOR, NEW YORK NY 10019
Edward J Mcgowan director C/O AKAMAI TECHNOLOGIES, INC., 150 BROADWAY, CAMBRIDGE MA 02142
Lawrence S Kramer director
Winvest Spac Llc 10 percent owner 125 CAMBRIDGEPARK DRIVE, SUITE 301, CAMBRIDGE MA 02140
Manish Jhunjhunwala director, officer: CEO & CFO 125 CAMBRIDGEPARK DRIVE, SUITE 301, CAMBRIDGE MA 02140
Martin A. Schmidt director 125 CAMBRIDGEPARK DRIVE, SUITE 301, CAMBRIDGE MA 02140
Alex Paul Pentland director 125 CAMBRIDGEPARK DRIVE, SUITE 301, CAMBRIDGE MA 02140
Alok R. Prasad director 125 CAMBRIDGEPARK DRIVE, SUITE 301, CAMBRIDGE MA 02140
Mark Madden director, officer: Chief Strategy Officer 125 CAMBRIDGEPARK DRIVE, SUITE 301, CAMBRIDGE MA 02140
Elias Mendoza director 125 CAMBRIDGEPARK DRIVE, SUITE 301, CAMBRIDGE MA 02140

WinVest Acquisition (WinVest Acquisition) Headlines

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