Spgm Ii Fundo De Investimento Imobiliario Responsabilidade Limitada (BSP:SPG211) Net Income: R$18.08 Mil (TTM As of Dec. 2025)

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Director of Data and Quant Analytics at GuruFocus
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Charlie Tian
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Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BSP:SPG211 Spgm Ii Fundo De Investimento Imobiliario Responsabilidade Limitada BSP:SPG211
7 GF Score
Price R$12.07
! 1 Warning Sign
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What is Spgm Ii Fundo De Investimento Imobiliario Responsabilidade Limitada Net Income?

Spgm Ii Fundo De Investimento Imobiliario Responsabilidade Limitada BSP:SPG211 7 Net Income is R$18.08 Mil as of Dec. 2025. GuruFocus rates BSP:SPG211 with a GF Score™ of 7/100. The stock has 1 warning sign investors should review.

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. Spgm Ii Fundo De Investimento Imobiliario Responsabilidade Limitada's Net Income for the six months ended in Dec. 2025 was R$18.08 Mil. Its Net Income for the trailing twelve months (TTM) ended in Dec. 2025 was R$18.08 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Spgm Ii Fundo De Investimento Imobiliario Responsabilidade Limitada's Earnings per Share (Diluted) for the six months ended in Dec. 2025 was R$2.88.


Spgm Ii Fundo De Investimento Imobiliario Responsabilidade Limitada  (BSP:SPG211) 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:

Spgm Ii Fundo De Investimento Imobiliario Responsabilidade Limitada's Earnings per Share (Diluted) (EPS) for the quarter that ended in Dec. 2025 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.


Spgm Ii Fundo De Investimento Imobiliario Responsabilidade Limitada Net Income Related Terms


Spgm Ii Fundo De Investimento Imobiliario Responsabilidade Limitada Net Income Historical Data

* Premium members only.

The historical data trend for Spgm Ii Fundo De Investimento Imobiliario Responsabilidade Limitada'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.

Spgm Ii Fundo De Investimento Imobiliario Responsabilidade Limitada Net Income Chart

Spgm Ii Fundo De Investimento Imobiliario Responsabilidade Limitada Annual Data
Trend Dec24 Dec25
Net Income
0.00 18.08

Spgm Ii Fundo De Investimento Imobiliario Responsabilidade Limitada Semi-Annual Data
Dec24 Dec25
Net Income 0.00 18.08
BSP:SPG211
7GF Score
Spgm Ii Fundo De Investimento Imobiliario Responsabilidade Limitada BSP:SPG211
Net Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Spgm Ii Fundo De Investimento Imobiliario Responsabilidade Limitada 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

Spgm Ii Fundo De Investimento Imobiliario Responsabilidade Limitada's Net Income for the fiscal year that ended in Dec. 2025 is calculated as

Net Income(A: Dec. 2025 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=18.076+0+0+0
=18.08

Spgm Ii Fundo De Investimento Imobiliario Responsabilidade Limitada's Net Income for the quarter that ended in Dec. 2025 is calculated as

Net Income(Q: Dec. 2025 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=18.076+0+0+0
=18.08

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Net Income for the trailing twelve months (TTM) ended in Dec. 2025 was R$18.08 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.

Frequently Asked Questions Learn more about Net Income →
What does a Net Income of R$18.08 Mil mean?
Spgm Ii Fundo De Investimento Imobiliario Responsabilidade Limitada (BSP:SPG211) has a Net Income of R$18.08 Mil as of Dec. 2025. Net Income is the total earnings after all operating expenses, interest and taxes. View historical data on Spgm Ii Fundo De Investimento Imobiliario Responsabilidade Limitada and its competitors.
Is Spgm Ii Fundo De Investimento Imobiliario Responsabilidade Limitada's Net Income too high?
Spgm Ii Fundo De Investimento Imobiliario Responsabilidade Limitada's current Net Income is R$18.08 Mil. Overall, Spgm Ii Fundo De Investimento Imobiliario Responsabilidade Limitada has a GF Score™ of 7/100, reflecting its overall financial health beyond just this single metric.
How does Spgm Ii Fundo De Investimento Imobiliario Responsabilidade Limitada's Net Income compare to VICI and WPC?
Spgm Ii Fundo De Investimento Imobiliario Responsabilidade Limitada's Net Income of R$18.08 Mil can be compared against companies in the REITs industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Income for a REITs company?
A good Net Income depends on the REITs industry context. However, Net Income should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Income mean?
A high Net Income can signal that a stock is expensive relative to its fundamentals. Net Income is the total earnings after all operating expenses, interest and taxes. View historical data on Spgm Ii Fundo De Investimento Imobiliario Responsabilidade Limitada and its competitors. Spgm Ii Fundo De Investimento Imobiliario Responsabilidade Limitada's current Net Income is R$18.08 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Spgm Ii Fundo De Investimento Imobiliario Responsabilidade Limitada stock overvalued right now?
Spgm Ii Fundo De Investimento Imobiliario Responsabilidade Limitada (BSP:SPG211) has a current Net Income of R$18.08 Mil. The current Net Income is R$18.08 Mil. Spgm Ii Fundo De Investimento Imobiliario Responsabilidade Limitada's overall GF Score™ is 7/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Income calculated?
Net Income is calculated from a company's financial statements. For Spgm Ii Fundo De Investimento Imobiliario Responsabilidade Limitada (BSP:SPG211), the current Net Income is R$18.08 Mil as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Spgm Ii Fundo De Investimento Imobiliario Responsabilidade Limitada Business Description

Industry Real EstateREITs
Address Rua Dr. Eduardo de Souza Aranha, No. 153, 4th floor, Itaim Bibi, Sao Paulo, SP, BRA, 4543-120
Spgm Ii Fundo De Investimento Imobiliario Responsabilidade Limitada is a real estate investment fund. It is established to carry out the activity of providing services for the management of portfolios of securities and securities (Administrator), within the scope of the primary public offering of the 1st (first) issue of shares of Class Single Class of the Fund, in a single class and series.
7GF Score

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Net Income is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

R$12.07
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