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Bridge Investment Group Holdings (Bridge Investment Group Holdings) Net Income : $1.0 Mil (TTM As of Mar. 2024)


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What is Bridge Investment Group Holdings 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. Bridge Investment Group Holdings's Net Income for the three months ended in Mar. 2024 was $9.8 Mil. Its Net Income for the trailing twelve months (TTM) ended in Mar. 2024 was $1.0 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Bridge Investment Group Holdings's Earnings per Share (Diluted) for the three months ended in Mar. 2024 was $0.08.


Bridge Investment Group Holdings Net Income Historical Data

The historical data trend for Bridge Investment Group Holdings'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.

Bridge Investment Group Holdings Net Income Chart

Bridge Investment Group Holdings Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Net Income
140.36 146.92 141.20 27.27 -6.77

Bridge Investment Group Holdings Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.03 -4.77 0.29 -4.32 9.82

Bridge Investment Group Holdings 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

Bridge Investment Group Holdings'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
=-81.279+-6.127+0+80.64
=-6.8

Bridge Investment Group Holdings'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
=-48.646+11.846+0+46.618
=9.8

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 $1.0 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.


Bridge Investment Group Holdings  (NYSE:BRDG) 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:

Bridge Investment Group Holdings'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.


Bridge Investment Group Holdings Net Income Related Terms

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Bridge Investment Group Holdings (Bridge Investment Group Holdings) Business Description

Traded in Other Exchanges
Address
111 East Sego Lily Drive, Suite 400, Salt Lake City, UT, USA, 84070
Bridge Investment Group Holdings Inc is a vertically integrated real estate investment manager, diversified across specialized asset classes. The company combines its nationwide operating platform with dedicated teams of investment professionals focused on select U.S. real estate verticals: multifamily, affordable housing, seniors housing, office, development, logistics net lease, logistics properties, debt strategies, and agency mortgage-backed securities.
Executives
Garrett Behling officer: Chief Accounting Officer 111 EAST SEGO LILY DRIVE, SUITE 400, SANDY UT 84070
Chad A Leat director C/O UNITED AMERICA INDEMNITY GROUP INC., 3 BALA PLAZA EAST, SUITE 300, BALA CYNWYD PA 19004
Katherine Elsnab officer: Chief Accounting Officer C/O BRIDGE INVESTMENT GROUP HOLDINGS INC, 111 EAST SEGO LILY DRIVE, SUITE 400, SALT LAKE CITY UT 84070
Deborah C Hopkins director 1007 MARKET ST, WILMINGTON DE 19898
Adam O'farrell director, officer: See Remarks C/O BRIDGE INVESTMENT GROUP HOLDINGS INC, 111 EAST SEGO LILY DRIVE, SUITE 400, SALT LAKE CITY UT 84070
Robert Randolph Morse director, 10 percent owner, officer: See Remarks 1000 PARK AVENUE, APT 3, NEW YORK NY 10028
Debra M Chase director C/O B&G FOODS, INC., FOUR GATEHALL DRIVE, PARSIPPANY NJ 07054
Jonathan Slager director, officer: See Remarks C/O BRIDGE INVESTMENT GROUP HOLDINGS INC, 111 EAST SEGO LILY DRIVE, SUITE 400, SALT LAKE CITY UT 84070
Bridge Founders Group, Llc 10 percent owner 111 EAST SEGO LILY DRIVE, SUITE 400, SALT LAKE CITY UT 84070
Chad D. Briggs officer: See Remarks C/O BRIDGE INVESTMENT GROUP HOLDINGS INC, 111 EAST SEGO LILY DRIVE, SUITE 400, SALT LAKE CITY UT 84070
Dean Allara director, officer: See Remarks C/O BRIDGE INVESTMENT GROUP HOLDINGS INC, 111 EAST SEGO LILY DRIVE, SUITE 400, SALT LAKE CITY UT 84070