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The Gabelli Global Small and Mid Cap Value Trust (The Gabelli Global Small and Mid Cap Value Trust) Net Income : $9.98 Mil (TTM As of Dec. 2023)


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What is The Gabelli Global Small and Mid Cap Value Trust 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. The Gabelli Global Small and Mid Cap Value Trust's Net Income for the six months ended in Dec. 2023 was $0.08 Mil. Its Net Income for the trailing twelve months (TTM) ended in Dec. 2023 was $9.98 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. The Gabelli Global Small and Mid Cap Value Trust's Earnings per Share (Diluted) for the six months ended in Dec. 2023 was $0.01.


The Gabelli Global Small and Mid Cap Value Trust Net Income Historical Data

The historical data trend for The Gabelli Global Small and Mid Cap Value Trust'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.

The Gabelli Global Small and Mid Cap Value Trust Net Income Chart

The Gabelli Global Small and Mid Cap Value Trust Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Income
Get a 7-Day Free Trial 20.36 17.97 33.69 -34.27 9.98

The Gabelli Global Small and Mid Cap Value Trust Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Net Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.69 -39.74 5.47 9.90 0.08

The Gabelli Global Small and Mid Cap Value Trust 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

The Gabelli Global Small and Mid Cap Value Trust'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
=9.981+0+0+0
=9.98

The Gabelli Global Small and Mid Cap Value Trust'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
=0.08+0+0+0
=0.08

Net Income for the trailing twelve months (TTM) ended in Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $9.98 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.


The Gabelli Global Small and Mid Cap Value Trust  (NYSE:GGZ) 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:

The Gabelli Global Small and Mid Cap Value Trust'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.


The Gabelli Global Small and Mid Cap Value Trust Net Income Related Terms

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The Gabelli Global Small and Mid Cap Value Trust (The Gabelli Global Small and Mid Cap Value Trust) Business Description

Traded in Other Exchanges
N/A
Address
One Corporate Center, Rye, NY, USA, 10580-1422
The Gabelli Global Small and Mid Cap Value Trust is a diversified closed-end management investment company whose investment objective is long-term capital growth. It invests in equity securities such as common stock and preferred stock of companies.
Executives
Kevin V. Dreyer director C/O GAMCO INVESTORS, INC., ONE CORPORATE CENTER, RYE NY 10580
Calgary Avansino director C/O GAMCO INVESTORS, INC., ONE CORPORATE CENTER, RYE NY 10580
John Birch director C/O GAMCO INVESTORS, INC., ONE CORPORATE CENTER, RYE NY 10580
Peter D. Goldstein officer: Secretary 249 ROYAL PALM WAY, SUITE 503, PALM BEACH FL 33480
Mario J Gabelli director, other: Control Person of Adviser 191 MASON STREET, GREENWICH CT 06830
James P Conn director
Bruce N Alpert officer: President C/O GAMCO INVESTORS, INC., ONE CORPORATE CENTER, RYE NY 10580
Anthony S. Colavita director C/O GAMCO INVESTORS, INC., ONE CORPORATE CENTER, RYE NY 10580
John Chester Ball officer: Treasurer 800 CONNECTICUT AVENUE, NORWALK CT 06854
Kuni Nakamura director 1 MARTIN BUTLER COURT, RYE NY 10580
Agnes Mullady officer: Treasurer ONE CORPORATE CENTER, RYE NY 10580
Fahrenkopf Frank J Jr director ONE CORPORATE CENTER, RYE NY 10580
Salvatore J Zizza director 810 SEVENTH AVE, 27TH FLOOR, NEW YORK NY 10019
Anthony J Colavita director ONE CORPORATE CENTER, RYE NY 10580