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ATAQU (Altimar Acquisition III) Net Income : $6.42 Mil (TTM As of Jun. 2023)


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What is Altimar Acquisition III 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. Altimar Acquisition III's Net Income for the three months ended in Jun. 2023 was $-0.31 Mil. Its Net Income for the trailing twelve months (TTM) ended in Jun. 2023 was $6.42 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Altimar Acquisition III's Earnings per Share (Diluted) for the three months ended in Jun. 2023 was $.


Altimar Acquisition III Net Income Historical Data

The historical data trend for Altimar Acquisition III'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.

Altimar Acquisition III Net Income Chart

Altimar Acquisition III Annual Data
Trend Dec21 Dec22
Net Income
-1.60 10.35

Altimar Acquisition III Quarterly Data
Jan21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
Net Income Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.43 3.29 2.02 1.41 -0.31

Altimar Acquisition III 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

Altimar Acquisition III'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
=10.347+0+0+0
=10.35

Altimar Acquisition III's Net Income for the quarter that ended in Jun. 2023 is calculated as

Net Income(Q: Jun. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-0.305+0+0+0
=-0.31

Net Income for the trailing twelve months (TTM) ended in Jun. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $6.42 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.


Altimar Acquisition III  (NYSE:ATAQU) 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:

Altimar Acquisition III's Earnings per Share (Diluted) (EPS) for the quarter that ended in Jun. 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.


Altimar Acquisition III Net Income Related Terms

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Altimar Acquisition III Business Description

Traded in Other Exchanges
N/A
Address
40 West 57th Street, 33rd Floor, New York, NY, USA, 10019
Altimar Acquisition Corp III is a blank check company formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or other similar business combination with one or more businesses.
Executives
Plc Barclays 10 percent owner 1 CHURCHILL PLACE, CANARY WHARF, LONDON X0 E14 5HP
Payne Brown director 111 SPRINGHALL DRIVE, GOOSE CREEK SC 29445
Thomas Wasserman director, officer: Chief Executive Officer C/O CONSTELLATION VENTURES, 383 MADISON AVENUE, NEW YORK NY 10179
Richard M Jelinek director 40 W 47TH STREET, FLOOR 33, NEW YORK NY 10035
Vijay Sondhi director 40 W 47TH STREET, FLOOR 33, NEW YORK NY 10035
Michael Rubenstein director 40 W 47TH STREET, FLOOR 33, NEW YORK NY 10035
Roma Khanna director 40 W 47TH STREET, FLOOR 33, NEW YORK NY 10035
Michael Vorhaus director 40 W 47TH STREET, FLOOR 33, NEW YORK NY 10035
Wendy Lai officer: Chief Financial Officer 40 W 47TH STREET, FLOOR 33, NEW YORK NY 10035
Altimar Sponsor Iii, Llc 10 percent owner 40 W. 57TH STREET, 33RD FLOOR, NEW YORK NY 10019