CFACW (CF Finance Acquisition III) Net Income: $-4.46 Mil (TTM As of Jun. 2021)

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What is CF Finance Acquisition III Net Income?

CF Finance Acquisition III CFACW Net Income is $-4.46 Mil as of Jun. 2021.

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. CF Finance Acquisition III's Net Income for the six months ended in Jun. 2021 was $-1.91 Mil. Its Net Income for the trailing twelve months (TTM) ended in Jun. 2021 was $-4.46 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. CF Finance Acquisition III's Earnings per Share (Diluted) for the six months ended in Jun. 2021 was $.

CF Finance Acquisition III (NAS:CFACW) 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:

CF Finance Acquisition III's Earnings per Share (Diluted) (EPS) for the quarter that ended in Jun. 2021 is calculated as

Earnings per Share (Diluted) (Q: Jun. 2021 )	=	(Net Income	-	Preferred Dividends)	/	Shares Outstanding (Diluted Average)
	=	(-1.911	-	0)	/	0
	=

* 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.

CF Finance Acquisition III Net Income Related Terms

CF Finance Acquisition III Net Income Historical Data

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The historical data trend for CF Finance Acquisition III's Net Income can be seen below:

CF Finance Acquisition III Net Income Chart

CF Finance Acquisition III Annual Data

Trend

Dec18

Dec19

Dec20

Net Income

-0.00

-2.88

CF Finance Acquisition III Semi-Annual Data
	Dec18	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21
Net Income	Get a 7-Day Free Trial				0.00	-0.00	-2.88	0.34	-1.91

CF Finance 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

CF Finance Acquisition III's Net Income for the fiscal year that ended in Dec. 2020 is calculated as

	Net Income		(A: Dec. 2020 )
=	Pre-Tax Income	+	Tax Provision	+	Net Income (Discontinued Operations)	+	Others
=	-2.883	+	0	+	0	+	0
=	-2.88

CF Finance Acquisition III's Net Income for the quarter that ended in Jun. 2021 is calculated as

	Net Income		(Q: Jun. 2021 )
=	Pre-Tax Income	+	Tax Provision	+	Net Income (Discontinued Operations)	+	Others
=	-1.911	+	0	+	0	+	0
=	-1.91

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Net Income for the trailing twelve months (TTM) ended in Jun. 2021 was $-4.46 Mil.

Frequently Asked Questions Learn more about Net Income →

What does a Net Income of $-4.46 Mil mean?

CF Finance Acquisition III (CFACW) has a Net Income of $-4.46 Mil as of Jun. 2021. Net Income is the total earnings after all operating expenses, interest and taxes. View historical data on CF Finance Acquisition III and its competitors.

Is CF Finance Acquisition III's Net Income too high?

CF Finance Acquisition III's current Net Income is $-4.46 Mil.

How does CF Finance Acquisition III's Net Income compare to ?

CF Finance Acquisition III's Net Income of $-4.46 Mil can be compared against companies in the Diversified Financial Services 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 Diversified Financial Services company?

A good Net Income depends on the Diversified Financial Services 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 CF Finance Acquisition III and its competitors. CF Finance Acquisition III's current Net Income is $-4.46 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is CF Finance Acquisition III stock overvalued right now?

CF Finance Acquisition III (CFACW) has a current Net Income of $-4.46 Mil. The current Net Income is $-4.46 Mil. 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 CF Finance Acquisition III (CFACW), the current Net Income is $-4.46 Mil as of Jun. 2021. 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.

CF Finance Acquisition III Business Description

Industry Financial Services Diversified Financial Services

Comparable Companies

Address 110 East 59th Street, New York, NY, USA, 10022

CF Finance Acquisition Corp III is a blank check company.