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Pontem (Pontem) Net Income : $18.11 Mil (TTM As of Mar. 2023)


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What is Pontem 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. Pontem's Net Income for the three months ended in Mar. 2023 was $1.89 Mil. Its Net Income for the trailing twelve months (TTM) ended in Mar. 2023 was $18.11 Mil.

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


Pontem Net Income Historical Data

The historical data trend for Pontem'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.

Pontem Net Income Chart

Pontem Annual Data
Trend Dec20 Dec21 Dec22
Net Income
- 9.76 34.84

Pontem Quarterly Data
Oct20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
Net Income Get a 7-Day Free Trial Premium Member Only Premium Member Only 18.63 6.56 5.48 4.18 1.89

Pontem 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

Pontem'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
=34.843+0+0+0
=34.84

Pontem'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
=1.893+0+0+0
=1.89

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 $18.11 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.


Pontem  (NYSE:PNTM.U) 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:

Pontem'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.


Pontem Net Income Related Terms

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Pontem (Pontem) Business Description

Traded in Other Exchanges
N/A
Address
2170 Buckthorne Place, Suite 320, The Woodlands, TX, USA, 77380
Pontem Corp is a blank check company.
Executives
David Hagen director 2170 BUCKTHORNE PLACE, SUITE 320, THE WOODLANDS TX 77390
Robert G Bohn director ONE PARK PLAZA, 11270 W. PARK PLACE, SUITE 1000, MILWAUKEE WI 53224
James Gentilcore director NINE HAMPSHIRE STREET, MANSFIELD MA 02048
Hubertus M Muhlhauser director, 10 percent owner, officer: Chairman and CEO MANITOWOC FOODSERVICE INC., 2227 WELBILT AVENUE, NEW PORT RICHEY FL 34655
Erik Olsson director C/O RSC HOLDINGS INC., 6929 E. GREENWAY PARKWAY, SCOTTSDALE AZ 85254
Luciano Mozzato director 10205 WESTHEIMER, SUITE 1000, HOUSTON TX 77042
Pontem Llc 10 percent owner 1140 AVENUE OF THE AMERICAS, 9TH FLOOR, NEW YORK NY 10036
Nina Murphy officer: Chief Financial Officer C/O PONTEM CORPORATION, 1140 AVENUE OF THE AMERICAS, 9TH FLOOR, NEW YORK NY 10036
Burak Alici director, 10 percent owner, officer: Lead Director C/O PONTEM CORPORATION, 1140 AVENUE OF THE AMERICAS, 9TH FLOOR, NEW YORK NY 10036
Peter Grosch director C/O PONTEM CORPORATION, 1140 AVENUE OF THE AMERICAS, 9TH FLOOR, NEW YORK NY 10036
Sm-invest 10 percent owner HURDNERSTRASSE 60, CH-8640 HURDEN, SCHWYZ V8 00000