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SCP Healthcare Acquisition Co (SCP Healthcare Acquisition Co) Net Income : $10.08 Mil (TTM As of Sep. 2022)


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What is SCP Healthcare Acquisition Co 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. SCP Healthcare Acquisition Co's Net Income for the three months ended in Sep. 2022 was $1.15 Mil. Its Net Income for the trailing twelve months (TTM) ended in Sep. 2022 was $10.08 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. SCP Healthcare Acquisition Co's Earnings per Share (Diluted) for the three months ended in Sep. 2022 was $.


SCP Healthcare Acquisition Co Net Income Historical Data

The historical data trend for SCP Healthcare 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.

* Premium members only.

SCP Healthcare Acquisition Co Net Income Chart

SCP Healthcare Acquisition Co Annual Data
Trend Dec20 Dec21
Net Income
- 8.76

SCP Healthcare Acquisition Co Quarterly Data
Aug20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
Net Income Get a 7-Day Free Trial Premium Member Only 5.06 - 6.64 2.30 1.15

SCP Healthcare Acquisition Co 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

SCP Healthcare Acquisition Co's Net Income for the fiscal year that ended in Dec. 2021 is calculated as

Net Income(A: Dec. 2021 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=8.762+0+0+0
=8.76

SCP Healthcare Acquisition Co's Net Income for the quarter that ended in Sep. 2022 is calculated as

Net Income(Q: Sep. 2022 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=1.389+-0.244+0+0
=1.15

Net Income for the trailing twelve months (TTM) ended in Sep. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $10.08 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.


SCP Healthcare Acquisition Co  (NAS:SHACU) 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:

SCP Healthcare Acquisition Co's Earnings per Share (Diluted) (EPS) for the quarter that ended in Sep. 2022 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.


SCP Healthcare Acquisition Co Net Income Related Terms

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SCP Healthcare Acquisition Co (SCP Healthcare Acquisition Co) Business Description

Traded in Other Exchanges
N/A
Address
2909 West Bay to Bay Boulevard, Suite 300, Tampa, FL, USA, 33629
SCP & CO Healthcare Acquisition Co is a blank check company that intends to initially focus its search on identifying a prospective target business in the healthcare technology or healthcare-related industries in the United States and other developed countries.
Executives
Mohit Kaushal director 44 SOUTH BROADWAY, WHITE PLAINS NY 10601
Timothy L Main director GATE NO 4, PLANT 10 / 11 GODREJ & BOYCE, PIROJSHANAGAR, LBS MARG, VIKHROLI (WEST), MUMBAI, MAHARASHTRA K7 400079
R. David Kretschmer director 310 SEVEN SPRINGS WAY, SUITE 500, BRENTWOOD TN 37027
Alan D Gold director 17140 BERNARDO CENTER DRIVE, SUITE 195, SAN DIEGO CA 92128
Scp & Co Sponsor Llc 10 percent owner 2909 W BAY TO BAY BLVD STE 300, TAMPA FL 33629
Scott Feuer director, 10 percent owner, officer: Chief Executive Officer 2909 W BAY TO BAY BLVD SUITE 300, TAMPA FL 33629
Bryan Crino director, 10 percent owner, officer: President 2909 W BAY TO BAY, SUITE 300, TAMPA FL 33629
Randy Parker director 2909 W BAY TO BAY BLVD, SUITE 300, TAMPA FL 33629
Joseph Passero officer: Chief Financial Officer 2909 W BAY TO BAY BLVD SUITE 300, TAMPA FL 8133189600