SMG European Recovery SPAC SE (FRA:RCVR) Net Income: €-4.37 Mil (TTM As of Jun. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

FRA:RCVR SMG European Recovery SPAC SE FRA:RCVR
35 GF Score
Price €4.90
! 3 Warning Signs
View Full Analysis

What is SMG European Recovery SPAC SE Net Income?

SMG European Recovery SPAC SE FRA:RCVR 35 Net Income is €-4.37 Mil as of Jun. 2025. GuruFocus rates FRA:RCVR with a GF Score™ of 35/100. The stock has 3 warning signs 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. SMG European Recovery SPAC SE's Net Income for the six months ended in Jun. 2025 was €-0.20 Mil. Its Net Income for the trailing twelve months (TTM) ended in Jun. 2025 was €-4.37 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. SMG European Recovery SPAC SE's Earnings per Share (Diluted) for the six months ended in Jun. 2025 was €-0.07.


SMG European Recovery SPAC SE  (FRA:RCVR) 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:

SMG European Recovery SPAC SE's Earnings per Share (Diluted) (EPS) for the quarter that ended in Jun. 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.


SMG European Recovery SPAC SE Net Income Related Terms


SMG European Recovery SPAC SE Net Income Historical Data

* Premium members only.

The historical data trend for SMG European Recovery SPAC SE'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.

SMG European Recovery SPAC SE Net Income Chart

SMG European Recovery SPAC SE Annual Data
Trend Dec21 Dec22 Dec23 Dec24
Net Income
0.00 -13.18 -3.16 1.19

SMG European Recovery SPAC SE Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25
Net Income Get a 7-Day Free Trial -1.54 -1.62 5.36 -4.17 -0.20
FRA:RCVR
35GF Score
SMG European Recovery SPAC SE FRA:RCVR
Net Income is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

SMG European Recovery SPAC SE 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

SMG European Recovery SPAC SE's Net Income for the fiscal year that ended in Dec. 2024 is calculated as

Net Income(A: Dec. 2024 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=1.243+-0.054+0+0
=1.19

SMG European Recovery SPAC SE's Net Income for the quarter that ended in Jun. 2025 is calculated as

Net Income(Q: Jun. 2025 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-0.2+0+0+0
=-0.20

Net Income for the trailing twelve months (TTM) ended in Jun. 2025 adds up the semi-annually data reported by the company within the most recent 12 months, which was €-4.37 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 €-4.37 Mil mean?
SMG European Recovery SPAC SE (FRA:RCVR) has a Net Income of €-4.37 Mil as of Jun. 2025. Net Income is the total earnings after all operating expenses, interest and taxes. View historical data on SMG European Recovery SPAC SE and its competitors.
Is SMG European Recovery SPAC SE's Net Income too high?
SMG European Recovery SPAC SE's current Net Income is €-4.37 Mil. Overall, SMG European Recovery SPAC SE has a GF Score™ of 35/100, reflecting its overall financial health beyond just this single metric.
How does SMG European Recovery SPAC SE's Net Income compare to AGLY and CCCX?
SMG European Recovery SPAC SE's Net Income of €-4.37 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 SMG European Recovery SPAC SE and its competitors. SMG European Recovery SPAC SE's current Net Income is €-4.37 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SMG European Recovery SPAC SE stock overvalued right now?
SMG European Recovery SPAC SE (FRA:RCVR) has a current Net Income of €-4.37 Mil. The current Net Income is €-4.37 Mil. SMG European Recovery SPAC SE's overall GF Score™ is 35/100 with 3 warning signs 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 SMG European Recovery SPAC SE (FRA:RCVR), the current Net Income is €-4.37 Mil as of Jun. 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.

SMG European Recovery SPAC SE Business Description

Address 9, rue de Bitbourg, Luxembourg, LUX, L-1273
SMG European Recovery SPAC SE is a special-purpose acquisition company that intends to seek a suitable target for the Business Combination in the real estate-related hospitality sector with a focus on the sub-sector lodging and leisure.
35GF Score

Get the complete analysis for FRA:RCVR

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

€4.90
Price