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Social Capital Hedosophia Holdings VI (Social Capital Hedosophia Holdings VI) Net Income : $61.89 Mil (TTM As of Jun. 2022)


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What is Social Capital Hedosophia Holdings VI 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. Social Capital Hedosophia Holdings VI's Net Income for the three months ended in Jun. 2022 was $30.59 Mil. Its Net Income for the trailing twelve months (TTM) ended in Jun. 2022 was $61.89 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Social Capital Hedosophia Holdings VI's Earnings per Share (Diluted) for the three months ended in Jun. 2022 was $0.21.


Social Capital Hedosophia Holdings VI Net Income Historical Data

The historical data trend for Social Capital Hedosophia Holdings VI'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.

Social Capital Hedosophia Holdings VI Net Income Chart

Social Capital Hedosophia Holdings VI Annual Data
Trend Dec20 Dec21
Net Income
- 48.50

Social Capital Hedosophia Holdings VI Quarterly Data
Jul20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
Net Income Get a 7-Day Free Trial 20.54 7.29 -4.40 28.41 30.59

Social Capital Hedosophia Holdings VI 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

Social Capital Hedosophia Holdings VI'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
=48.497+0+0+0
=48.50

Social Capital Hedosophia Holdings VI's Net Income for the quarter that ended in Jun. 2022 is calculated as

Net Income(Q: Jun. 2022 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=30.591+0+0+0
=30.59

Net Income for the trailing twelve months (TTM) ended in Jun. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $61.89 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.


Social Capital Hedosophia Holdings VI  (NYSE:IPOF) 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:

Social Capital Hedosophia Holdings VI's Earnings per Share (Diluted) (EPS) for the quarter that ended in Jun. 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.


Social Capital Hedosophia Holdings VI Net Income Related Terms

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Social Capital Hedosophia Holdings VI (Social Capital Hedosophia Holdings VI) Business Description

Traded in Other Exchanges
N/A
Address
506 Santa Cruz Avenue, Suite 300, Menlo Park, CA, USA, 94025
Social Capital Hedosophia Holdings Corp VI is a blank check company.
Executives
Varsha Rajendra Rao director 6155 EL CAMINO REAL, CARLSBAD CA 92009
James Ryans officer: Chief Financial Officer C/O SOCIAL CAPITAL, 120 HAWTHORNE AVENUE, PALO ALTO CA 94301
Sarah Leary director 317 UNIVERSITY AVE, SUITE 200, PALO ALTO CA 94301
Richard Costolo director C/O SOFI TECHNOLOGIES, INC., 234 1ST STREET, SAN FRANCISCO CA 94105
Ian Osborne director, 10 percent owner, officer: President YALDING HOUSE, 152 GREAT PORTLAND STREET, LONDON X0 W1W6AJ
Chamath Palihapitiya director, 10 percent owner, officer: CEO & Chairman of the Board THE SOCIAL-CAPITAL PARTNERSHIP, L.L.C., 506 SANTA CRUZ AVENUE, SUITE 300, MENLO PARK CA 94025
Steven Trieu officer: Chief Financial Officer C/O SOCIAL CAPITAL, 120 HAWTHORNE AVENUE, PALO ALTO CA 94301
Williams Simon P.v. officer: General Counsel and Secretary YALDING HOUSE, 152 GREAT PORTLAND STREET, LONDON X0 W1W6AJ
Sch Sponsor Vi Llc director, 10 percent owner 317 UNIVERSITY AVE, SUITE 200, PALO ALTO CA 94301
Chachacha Spac F, Llc director, 10 percent owner 317 UNIVERSITY AVE, SUITE 200, PALO ALTO CA 94301

Social Capital Hedosophia Holdings VI (Social Capital Hedosophia Holdings VI) Headlines

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