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Aequi Acquisition (Aequi Acquisition) Net Income : $2.14 Mil (TTM As of Mar. 2023)


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What is Aequi 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. Aequi Acquisition's Net Income for the three months ended in Mar. 2023 was $-0.60 Mil. Its Net Income for the trailing twelve months (TTM) ended in Mar. 2023 was $2.14 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Aequi Acquisition's Earnings per Share (Diluted) for the three months ended in Mar. 2023 was $-0.06.


Aequi Acquisition Net Income Historical Data

The historical data trend for Aequi 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.

Aequi Acquisition Net Income Chart

Aequi Acquisition Annual Data
Trend Dec20 Dec21 Dec22
Net Income
- 6.35 6.86

Aequi Acquisition Quarterly Data
Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
Net Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 4.13 1.56 0.83 0.34 -0.60

Aequi 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

Aequi Acquisition's Net Income for the fiscal year that ended in Dec. 2022 is calculated as

Net Income(A: Dec. 2022 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=7.167+-0.307+0+8.8817841970013E-16
=6.86

Aequi Acquisition's Net Income for the quarter that ended in Mar. 2023 is calculated as

Net Income(Q: Mar. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-0.555+-0.042+0+1.1102230246252E-16
=-0.60

Net Income for the trailing twelve months (TTM) ended in Mar. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $2.14 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.


Aequi Acquisition  (NAS:ARBG) 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:

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


Aequi Acquisition Net Income Related Terms

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Aequi Acquisition (Aequi Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
500 West Putnam Avenue, Suite 400, Greenwich, CT, USA, 06830
Website
Aequi Acquisition Corp is a blank check company. It is formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses.
Executives
Susan Hassan director, officer: Chief Operating Officer 500 WEST PUTNAM AVENUE, SUITE 400, GREENWICH CT 06830
Merline Saintil director 10 SOUTH FIRST AVENUE, WALLA WALLA WA 99362
Roy Swan director 75 WEST 125TH STREET, NEW YORK NY 10027
Hope S Taitz director, 10 percent owner, officer: Chief Executive Officer C/O ATHENE HOLDING LTD., WASHINGTON HOUSE, 16 CHURCH STREET, HAMILTON D0 HM 11
Jason Scheir director GENCO SHIPPING & TRADING LIMITED, 299 PARK AVE, 12TH FLOOR, NEW YORK NY 10171
Emil K. Woods director C/O CEDAR HILL CAPITAL PARTNERS, LLC, 445 PARK AVE., 5TH FLOOR, NEW YORK NY 10022
Aequi Sponsor Llc 10 percent owner 9 DAVIS DRIVE, ARMONK NY 10504
Joy Seppala director, officer: Chief Financial Officer 500 WEST PUTNAM AVENUE, SUITE 400, GREENWICH CT 06830
Fatou Sagnang director 500 WEST PUTNAM AVENUE, SUITE 400, GREENWICH CT 06830