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BGSX.U (Build Acquisition) Net Income : $6.09 Mil (TTM As of Sep. 2022)


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What is Build 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. Build Acquisition's Net Income for the three months ended in Sep. 2022 was $1.05 Mil. Its Net Income for the trailing twelve months (TTM) ended in Sep. 2022 was $6.09 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Build Acquisition's Earnings per Share (Diluted) for the three months ended in Sep. 2022 was $.


Build Acquisition Net Income Historical Data

The historical data trend for Build 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.

Build Acquisition Net Income Chart

Build Acquisition Annual Data
Trend Dec21
Net Income
-0.86

Build Acquisition Quarterly Data
Jan21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
Net Income Get a 7-Day Free Trial 2.26 -0.93 4.16 1.81 1.05

Build 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

Build Acquisition's Net Income for the fiscal year that ended in Dec. 2021 is calculated as

Net Income(A: Dec. 2021 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-0.855+0+0+0
=-0.86

Build Acquisition's Net Income for the quarter that ended in Sep. 2022 is calculated as

Net Income(Q: Sep. 2022 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=1.222+-0.172+0+-0.0010000000000001
=1.05

Net Income for the trailing twelve months (TTM) ended in Sep. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $6.09 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.


Build Acquisition  (NYSE:BGSX.U) 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:

Build Acquisition's Earnings per Share (Diluted) (EPS) for the quarter that ended in Sep. 2022 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.


Build Acquisition Net Income Related Terms

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Build Acquisition Business Description

Traded in Other Exchanges
N/A
Address
3500 Jefferson, Suite 303, Austin, TX, USA, 78731
Build Acquisition Corp is a blank check company.
Executives
A Lanham Napier director, 10 percent owner, officer: Co-Chief Executive Officer 701 W. CASTANO, SAN ANTONIO TX 78209
Natta Owen Van director 394 PACIFIC AVENUE, 2ND FLOOR, SAN FRANCISCO CA 94111
James C. Weaver director C/O KB HOME, 10990 WILSHIRE BLVD., 7TH FLOOR, LOS ANGELES CA 90024
Zeynep Young director, officer: Co-Chief Executive Officer 825 MAIN ST., SUITE 100, BUDA TX 78610
Tanner Cerand officer: See Remarks 3500 JEFFERSON STREET, STE 303, AUSTIN TX 78731
Build Acquisition Sponsor Llc 10 percent owner 3500 JEFFERSON STREET, STE 303, AUSTIN TX 78731
Noam Ohana director 16A AHAVAT TZION, TEL-AVIV L3 6215315

Build Acquisition Headlines

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