MLACU has been successfully added to your Stock Email Alerts list.
You can manage your stock email alerts here.
MLACU has been removed from your Stock Email Alerts list.
Please enter Portfolio Name for new portfolio.
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. Malacca Straits Acquisition Co's Net Income for the three months ended in Mar. 2023 was $-0.97 Mil. Its Net Income for the trailing twelve months (TTM) ended in Mar. 2023 was $-0.87 Mil.
Net Income is linked to the most popular Earnings per Share (Diluted) number. Malacca Straits Acquisition Co's Earnings per Share (Diluted) for the three months ended in Mar. 2023 was $.
The historical data trend for Malacca Straits Acquisition Co'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.
Malacca Straits Acquisition Co Annual Data | |||||||
Trend | Dec20 | Dec21 | Dec22 | ||||
Net Income | -7.63 | 6.05 | 3.01 |
Malacca Straits Acquisition Co Quarterly Data | |||||||||||||
Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | |
Net Income | Get a 7-Day Free Trial | 2.91 | 0.99 | -0.35 | -0.54 | -0.97 |
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
Malacca Straits Acquisition Co'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 |
= | 3.008 | + | 0 | + | 0 | + | 0 |
= | 3.01 |
Malacca Straits Acquisition Co'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 |
= | -0.967 | + | 0 | + | 0 | + | 0 |
= | -0.97 |
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 $-0.87 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.
Malacca Straits Acquisition Co (NAS:MLACU) 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:
Malacca Straits Acquisition Co's Earnings per Share (Diluted) (EPS) for the quarter that ended in Mar. 2023 is calculated as
Earnings per Share (Diluted) (Q: Mar. 2023 ) | = | (Net Income | - | Preferred Dividends) | / | Shares Outstanding (Diluted Average) |
= | (-0.967 | - | 0) | / | 0 | |
= |
* 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 businessThe 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.
Thank you for viewing the detailed overview of Malacca Straits Acquisition Co's Net Income provided by GuruFocus.com. Please click on the following links to see related term pages.
Ka Lok Wong | director, 10 percent owner | 7244 CARRIZO DRIVE,, LA JOLLA CA 92037 |
Polar Asset Management Partners Inc. | 10 percent owner | 16 YORK STREET SUITE 2900, TORONTO A6 M5J 0E6 |
Aqr Arbitrage Llc | 10 percent owner | ONE GREENWICH PLAZA, GREENWICH CT 06830 |
Aqr Capital Management Llc | 10 percent owner | ONE GREENWICH PLAZA, GREENWICH CT 06830 |
Aqr Capital Management Holdings, Llc | 10 percent owner | ONE GREENWICH PLAZA, GREENWICH CT 06830 |
Nomura Holdings Inc | 10 percent owner | 1-13-1 NIHONBASHI, CHUO-KU, TOKYO M0 103-8645 |
Nomura Global Financial Products Inc | 10 percent owner | WORLDWIDE PLAZA, 309 WEST 49TH STREET, NEW YORK NY 10019 |
Eugene Ty Tan | director | UNIT 601-2 ST. GEORGES BUILDING, 2 ICE HOUSE STREET, CENTRAL K3 000000 |
Ming Shu Leung | director | UNIT 601-2 ST. GEORGES BUILDING, 2 ICE HOUSE STREET, CENTRAL K3 000000 |
Gordon Lo | director, officer: CEO and President | UNIT 601-2, ST. GEORGE'S BUILDING 2 ICE HOUSE STREET, CENTRAL K3 00000 |
Christian Jason Chan | director | C/O SECLAW GROUP, 100 CRESCENT COURT #700, DALLAS TX 75201 |
Malacca Straits Management Co Ltd | 10 percent owner | WICKHAM CAY II ROAD TOWN, TORTOLA E9 VG1110 |
Kenneth Ng | director, 10 percent owner, officer: CEO and President | 2 ICE HOUSE STREET, ST. GEORGE'S BLDG UNIT 601-2, HONG KONG F4 000000 |
Dwi Prasetyo Suseno | director | 2 ICE HOUSE STREET, ST. GEORGE'S BLDG UNIT 601-2, HONG KONG F4 000000 |
Ping He | director | 2 ICE HOUSE STREET, ST. GEORGE'S BLDG UNIT 601-2, HONG KONG F4 000000 |
From GuruFocus
By sperokesalga sperokesalga • 06-13-2023
By Marketwired Marketwired • 07-18-2020
By sperokesalga sperokesalga • 04-26-2023
By Marketwired Marketwired • 07-22-2020
By Marketwired Marketwired • 07-13-2021
By Marketwired Marketwired • 06-15-2021
By Marketwired Marketwired • 08-05-2020
Disclaimers: GuruFocus.com is not operated by a broker or a dealer. It has an affiliated registered investment adviser, which serves as the subadviser to an exchange traded fund. This investment adviser does not provide advice to individual investors. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Gurus may be added or dropped from the GuruFocus site at any time. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes provided by InterActive Data. Fundamental company data provided by Morningstar, updated daily.