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Matterport (Matterport) Net Income : $-199.1 Mil (TTM As of Dec. 2023)


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What is Matterport 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. Matterport's Net Income for the three months ended in Dec. 2023 was $-43.9 Mil. Its Net Income for the trailing twelve months (TTM) ended in Dec. 2023 was $-199.1 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Matterport's Earnings per Share (Diluted) for the three months ended in Dec. 2023 was $-0.14.


Matterport Net Income Historical Data

The historical data trend for Matterport'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.

Matterport Net Income Chart

Matterport Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Net Income
-14.02 -338.06 -111.34 -199.08

Matterport Quarterly Data
Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Net Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -60.35 -53.84 -56.54 -44.75 -43.95

Matterport 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

Matterport's Net Income for the fiscal year that ended in Dec. 2023 is calculated as

Net Income(A: Dec. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-198.893+-0.184+0+0
=-199.1

Matterport's Net Income for the quarter that ended in Dec. 2023 is calculated as

Net Income(Q: Dec. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-43.958+0.013+0+0
=-43.9

Net Income for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-199.1 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.


Matterport  (NAS:MTTR) 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:

Matterport's Earnings per Share (Diluted) (EPS) for the quarter that ended in Dec. 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.


Matterport Net Income Related Terms

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Matterport (Matterport) Business Description

Traded in Other Exchanges
Address
352 East Java Drive, Sunnyvale, CA, USA, 94089
Matterport Inc is a spatial data company focused on digitizing and indexing the built world. Its all-in-one 3D data platform enables anyone to turn a space into an accurate and immersive digital twin which can be used to design, build, operate, promote, and understand any space.
Executives
James Daniel Fay officer: Chief Financial Officer C/O MATTERPORT, INC., 352 EAST JAVA DRIVE, SUNNYVALE CA 94089
Raymond J Pittman director, officer: See Remarks C/O MATTERPORT, INC., 352 EAST JAVA DRIVE, SUNNYVALE CA 94089
Peter Presunka officer: Chief Accounting Officer C/O MATTERPORT, INC., 352 EAST JAVA DRIVE, SUNNYVALE CA 94089
Jay Remley officer: Chief Revenue Officer C/O MATTERPORT, INC., 352 EAST JAVA DRIVE, SUNNYVALE CA 94089
Japjit Tulsi officer: Chief Technology Officer C/O MATTERPORT, INC., 352 EAST JAVA DRIVE, SUNNYVALE CA 94089
Jason Krikorian director C/O AUGMEDIX, INC., 1161 MISSION STREET, SUITE LL, SAN FRANCISCO CA 94103
Peter Hebert director, 10 percent owner C/O LUX VENTURES, 295 MADISON AVE, 24TH FLOOR, NEW YORK NY 10017
Matthew Zinn officer: Chief Legal Officer 2160 GOLD STREET, ALVISO CA 95002
Susan Repo director 600 B STREET, SUITE 100, SAN DIEGO CA 92101
Lux Ventures Iii Special Founders Fund, L.p. 10 percent owner 920 BROADWAY, 11TH FLOOR, NEW YORK NY 10010
Michael B Gustafson director 380 INTERLOCKEN CRESCENT, BROOMFIELD CO 80021
Brandt Walter Kucharski officer: Chief Accounting Officer 111 W WASHINGTON STREET, SUITE 2100, CHICAGO IL 60602
Lux Ventures Cayman Iii, L.p. 10 percent owner 920 BROADWAY, 11TH FLOOR, NEW YORK NY 10010
Lux Co-invest Opportunities, L.p. 10 percent owner C/O LUX CAPITAL MANAGEMENT, 920 BROADWAY, 11TH FLOOR, NEW YORK NY 10010
Josh Wolfe 10 percent owner C/O LUX HEALTH TECH ACQUISITION CORP., 920 BROADWAY, 11TH FLOOR, NEW YORK NY 10010