GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Forum Merger IV Corp (NAS:FMIVU) » Definitions » Net Income

Forum Merger IV (Forum Merger IV) Net Income : $5.67 Mil (TTM As of Mar. 2023)


View and export this data going back to 2021. Start your Free Trial

What is Forum Merger IV 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. Forum Merger IV's Net Income for the three months ended in Mar. 2023 was $0.06 Mil. Its Net Income for the trailing twelve months (TTM) ended in Mar. 2023 was $5.67 Mil.

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


Forum Merger IV Net Income Historical Data

The historical data trend for Forum Merger IV'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.

Forum Merger IV Net Income Chart

Forum Merger IV Annual Data
Trend Dec21 Dec22
Net Income
-2.09 7.64

Forum Merger IV Quarterly Data
Jan21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
Net Income Get a 7-Day Free Trial Premium Member Only 2.03 2.15 1.77 1.69 0.06

Forum Merger IV 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

Forum Merger IV'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
=8.842+-1.199+0+-0.0010000000000003
=7.64

Forum Merger IV'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
=0.762+-0.698+0+-5.5511151231258E-17
=0.06

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 $5.67 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.


Forum Merger IV  (NAS:FMIVU) 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:

Forum Merger IV'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.


Forum Merger IV Net Income Related Terms

Thank you for viewing the detailed overview of Forum Merger IV's Net Income provided by GuruFocus.com. Please click on the following links to see related term pages.


Forum Merger IV (Forum Merger IV) Business Description

Traded in Other Exchanges
N/A
Address
1615 South Congress Avenue, Suite 103, Delray Beach, FL, USA, 33445
Forum Merger IV Corp is a blank check company.
Executives
Bank Of America Corp /de/ 10 percent owner BANK OF AMERICA CORPORATE CENTER, 100 N TRYON ST, CHARLOTTE NC 28255
Bofa Securities, Inc. 10 percent owner 100 N TRYON ST, NC1-007-14-30, CHARLOTTE NC 28255
Steven Berns director TRADEWEB MARKETS INC., 1177 AVENUE OF THE AMERICAS, NEW YORK NY 10036
David Boris director, 10 percent owner, officer: Co-CEO, CFO C/O TRIO MERGER CORP., 777 THIRD AVENUE, 37TH FLOOR, NEW YORK NY 10017
Marshall Kiev director, 10 percent owner, officer: Co-CEO, President 135 EAST 57TH STREET 8TH FLOOR, NEW YORK NY 10022
Richard Katzman director KAZ INC, 1775 BROADWAY SUITE 2405, NEW YORK NY 10019
Neil Goldberg director 135 EAST 57TH STREET 8TH FLOOR, NEW YORK NY 10022
Tory Kiam director 1615 SOUTH CONGRESS AVENUE, SUITE 103, DELRAY BEACH FL 33445
Forum Capital Management Iv Llc director, 10 percent owner 1615 SOUTH CONGRESS AVENUE, SUITE 103, DELRAY BEACH FL 33445
Forum Investors Iv Llc director, 10 percent owner, other: *Director by Deputization 1615 SOUTH CONGRESS AVENUE, SUITE 103, DELRAY BEACH FL 33445