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Corsair Partnering (Corsair Partnering) Net Income : $10.12 Mil (TTM As of Mar. 2023)


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What is Corsair Partnering 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. Corsair Partnering's Net Income for the three months ended in Mar. 2023 was $5.33 Mil. Its Net Income for the trailing twelve months (TTM) ended in Mar. 2023 was $10.12 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Corsair Partnering's Earnings per Share (Diluted) for the three months ended in Mar. 2023 was $0.18.


Corsair Partnering Net Income Historical Data

The historical data trend for Corsair Partnering'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.

Corsair Partnering Net Income Chart

Corsair Partnering Annual Data
Trend Dec21 Dec22
Net Income
-1.82 13.20

Corsair Partnering Quarterly Data
Jan21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
Net Income Get a 7-Day Free Trial Premium Member Only 8.41 3.22 2.81 -1.24 5.33

Corsair Partnering 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

Corsair Partnering'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
=13.195+0+0+0
=13.20

Corsair Partnering's Net Income for the quarter that ended in Mar. 2023 is calculated as

Net Income(Q: Mar. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=5.334+0+0+0
=5.33

Net Income for the trailing twelve months (TTM) ended in Mar. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $10.12 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.


Corsair Partnering  (NYSE:CORS) 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:

Corsair Partnering's Earnings per Share (Diluted) (EPS) for the quarter that ended in Mar. 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.


Corsair Partnering Net Income Related Terms

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Corsair Partnering (Corsair Partnering) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
717 Fifth Avenue, 24th Floor, New York, NY, USA, 10022
Corsair Partnering Corp is not engaged in any business operations. The company's purpose is of effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar Partnering Transaction with one or more businesses.
Executives
William I Jacobs director C/O MASTERCARD INTERNATIONAL INC, 2000 PURCHASE ST, PUCHASE NY 10577-2509
Daniel J Eckert director 3465 EAST FOOTHILL BOULEVARD, PASADENA CA 91107
Jeremy Schein director, officer: President 3 WEST PACES FERRY ROAD, SUITE 200, ATLANTA GA 30305
Paul Cabral officer: Chief Financial Officer 717 FIFTH AVENUE, 24TH FLOOR, NEW YORK NY 10022
Jayanti D.t. Ignacio director, officer: Chief Executive Officer 717 FIFTH AVENUE, 24TH FLOOR, NEW YORK NY 10022
Corsair Partnering Sponsor Lp 10 percent owner 717 FIFTH AVENUE, 24TH FLOOR, NEW YORK NY 10022
Maripat Alpuche director 717 FIFTH AVENUE, 24TH FLOOR, NEW YORK NY 10022

Corsair Partnering (Corsair Partnering) Headlines

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