GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Goal Acquisitions Corp (OTCPK:PUCK) » Definitions » Net Income

PUCK (Goal Acquisitions) Net Income : $-2.49 Mil (TTM As of Sep. 2024)


View and export this data going back to 2021. Start your Free Trial

What is Goal Acquisitions 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. Goal Acquisitions's Net Income for the three months ended in Sep. 2024 was $-0.59 Mil. Its Net Income for the trailing twelve months (TTM) ended in Sep. 2024 was $-2.49 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Goal Acquisitions's Earnings per Share (Diluted) for the three months ended in Sep. 2024 was $-0.08.


Goal Acquisitions Net Income Historical Data

The historical data trend for Goal Acquisitions'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.

Goal Acquisitions Net Income Chart

Goal Acquisitions Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Net Income
- -1.28 -0.30 -1.14

Goal Acquisitions Quarterly Data
Nov20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 Premium Member Only Premium Member Only 0.02 -0.57 -0.59 -0.73 -0.59

Goal Acquisitions 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

Goal Acquisitions'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
=-0.338+-0.799+0+0
=-1.14

Goal Acquisitions's Net Income for the quarter that ended in Sep. 2024 is calculated as

Net Income(Q: Sep. 2024 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-0.535+-0.058+0+-0.00099999999999989
=-0.59

Net Income for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-2.49 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.


Goal Acquisitions  (OTCPK:PUCK) 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:

Goal Acquisitions's Earnings per Share (Diluted) (EPS) for the quarter that ended in Sep. 2024 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.


Goal Acquisitions Net Income Related Terms

Thank you for viewing the detailed overview of Goal Acquisitions's Net Income provided by GuruFocus.com. Please click on the following links to see related term pages.


Goal Acquisitions Business Description

Traded in Other Exchanges
Address
12600 Hill Country Bloulevard Building R, Suite 275, Bee Cave, TX, USA, 78738
Goal Acquisitions Corp is a blank check company.
Executives
Glazer Capital, Llc 10 percent owner 250 WEST 55TH STREET, SUITE 30A, NEW YORK NY 10019
Paul J Glazer 10 percent owner 250 WEST 55TH ST, SUITE 30A, NEW YORK NY 10019
Kenneth Shropshire director C/O MOELIS & COMPANY, 399 PARK AVENUE, 5TH FLOOR, NEW YORK NY 10011
Harvey W Schiller officer: Chief Executive Officer 410 N. 44TH STREET, SUITE 700, PHOENIX AZ 85008
William Duffy officer: CFO & COO AMERICAN CHAMPION ENTERTAINMENT, 1694 THE ALAMEDA #100, SAN JOSE CA 95126
David B Falk director
Donna Orender director 13001 W. HWY 71, SUITE 201, AUSTIN TX 78738
Goal Acquisitions Sponsor Llc 10 percent owner 13001 W. HWY 71, SUITE 201, AUSTIN TX 78738

Goal Acquisitions Headlines

From GuruFocus