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ESM Acquisition (ESM Acquisition) Net Income : $5.24 Mil (TTM As of Sep. 2022)


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What is ESM 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. ESM Acquisition's Net Income for the three months ended in Sep. 2022 was $0.98 Mil. Its Net Income for the trailing twelve months (TTM) ended in Sep. 2022 was $5.24 Mil.

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


ESM Acquisition Net Income Historical Data

The historical data trend for ESM 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.

ESM Acquisition Net Income Chart

ESM Acquisition Annual Data
Trend Dec21
Net Income
5.01

ESM Acquisition Quarterly Data
Jan21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
Net Income Get a 7-Day Free Trial 4.98 -2.77 4.10 2.93 0.98

ESM 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

ESM 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
=5.008+0+0+0
=5.01

ESM 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
=0.975+0+0+0
=0.98

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 $5.24 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.


ESM Acquisition  (NYSE:ESM.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:

ESM 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.


ESM Acquisition Net Income Related Terms

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ESM Acquisition (ESM Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
2229 San Felipe, Suite 1300, Houston, TX, USA, 77019
ESM Acquisition Corp is a blank check company.
Executives
Thrasyvoulos Moraitis officer: Chief Investment Officer 2229 SAN FELIPE, SUITE 1300, HOUSTON TX 77019
John T Raymond director, 10 percent owner THE ENERGY & MINERALS GROUP, 811 MAIN STREET, SUITE 4200, HOUSTON TX 77002
John G. Calvert director 2000 MCKINNEY AVENUE, SUITE 1250, DALLAS TX 75201
Jeffrey A Ball officer: Chief Financial Officer 811 MAIN STREET, SUITE 4200, HOUSTON TX 77002
Michael Lawrence Davis director, 10 percent owner, officer: Chief Executive Officer 100 BILL BAKER WAY, BECKLEY WV 25801
Joseph S. Norville director 4503 LAKESIDE DRIVE, COLLEYVILLE TX 76034
Brett A. Olsher director 21 LAUNCESTON PLACE, LONDON X0 W8 5RL
Michael Murray Gamson director 9015 SANDRINGHAM DRIVE, HOUSTON TX 77024
John Carr director 6 UPPER CRANFORD CENTRE, MONTROSE, DUBLIN L2 D04 X6H0
Esm Sponsor, Lp 10 percent owner 2229 SAN FELIPE, SUITE 1300, HOUSTON TX 77019