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Sagaliam Acquisition (Sagaliam Acquisition) Net Income : $-4.22 Mil (TTM As of Sep. 2023)


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What is Sagaliam Acquisition 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. Sagaliam Acquisition's Net Income for the three months ended in Sep. 2023 was $-0.27 Mil. Its Net Income for the trailing twelve months (TTM) ended in Sep. 2023 was $-4.22 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Sagaliam Acquisition's Earnings per Share (Diluted) for the three months ended in Sep. 2023 was $-0.02.


Sagaliam Acquisition Net Income Historical Data

The historical data trend for Sagaliam Acquisition'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.

Sagaliam Acquisition Net Income Chart

Sagaliam Acquisition Annual Data
Trend Dec21 Dec22
Net Income
- -3.41

Sagaliam Acquisition Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Net Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only -0.16 -2.71 -0.55 -0.69 -0.27

Sagaliam Acquisition 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

Sagaliam Acquisition'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
=-3.41+0+0+0
=-3.41

Sagaliam Acquisition's Net Income for the quarter that ended in Sep. 2023 is calculated as

Net Income(Q: Sep. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-0.269+0+0+0
=-0.27

Net Income for the trailing twelve months (TTM) ended in Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-4.22 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.


Sagaliam Acquisition  (NAS:SAGA) 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:

Sagaliam Acquisition's Earnings per Share (Diluted) (EPS) for the quarter that ended in Sep. 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.


Sagaliam Acquisition Net Income Related Terms

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Sagaliam Acquisition (Sagaliam Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
1800 Avenue of the Stars, Suite 1475, Los Angeles, CA, USA, 90067
Sagaliam Acquisition Corp is a blank check company.
Executives
Gld Sponsor Member, Llc 10 percent owner 11420 SANTA MONICA BLVD, BOX 251961, LOS ANGELES CA 90025
Alan H Ginsburg 10 percent owner 161 PALMER AVNUE, WINTER PARK FL 32789
Barry Kostiner director, officer: Chairman and CEO C/O AMERI HOLDINGS, INC., 5000 RESEARCH COURT, SUITE 750, SUWANEE GA 30024
Sagaliam Sponsor Llc 10 percent owner 1835 W. OLYMPIC BLVD, SUITE 1150E, LOS ANGELES CA 90064
Thomas W. Neukranz director, officer: Chief Financial Officer 1800 AVENUE OF THE STARS, SUITE 1475, LOS ANGELES CA 90067
George Caruolo director 1800 AVENUE OF THE STARS, SUITE 1475, LOS ANGELES CA 90067
Virginia Gabriel Del director 1800 AVENUE OF THE STARS, SUITE 1475, LOS ANGELES CA 90067
Glauco Lolli-ghetti director 1800 AVENUE OF THE STARS, SUITE 1475, LOS ANGELES CA 90067
Jiayin Liu officer: VP, Business Development 1800 AVENUE OF THE STARS, SUITE 1475, LOS ANGELES CA 90067

Sagaliam Acquisition (Sagaliam Acquisition) Headlines

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