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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. Special Opportunities Fund's Net Income for the six months ended in Dec. 2024 was $16.42 Mil. Its Net Income for the trailing twelve months (TTM) ended in Dec. 2024 was $36.27 Mil.
Net Income is linked to the most popular Earnings per Share (Diluted) number. Special Opportunities Fund's Earnings per Share (Diluted) for the six months ended in Dec. 2024 was $1.47.
The historical data trend for Special Opportunities Fund'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.
Special Opportunities Fund Annual Data | |||||||||||||||||
Trend | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | Dec24 | |||||||||
Net Income | Get a 7-Day Free Trial | 12.16 | 40.78 | -24.66 | 26.84 | 36.27 |
Special Opportunities Fund Semi-Annual Data | |||||||||||||||
Dec17 | Jun18 | Dec18 | Jun19 | Dec19 | Jun20 | Dec20 | Jun21 | Dec21 | Jun22 | Dec22 | Jun23 | Dec23 | Jun24 | Dec24 | |
Net Income | Get a 7-Day Free Trial |
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1.28 | 12.36 | 14.48 | 19.85 | 16.42 |
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
Special Opportunities Fund's Net Income for the fiscal year that ended in Dec. 2024 is calculated as
Net Income | (A: Dec. 2024 ) | ||||||
= | Pre-Tax Income | + | Tax Provision | + | Net Income (Discontinued Operations) | + | Others |
= | 36.24 | + | 0 | + | 0 | + | 0.033999999999999 |
= | 36.27 |
Special Opportunities Fund's Net Income for the quarter that ended in Dec. 2024 is calculated as
Net Income | (Q: Dec. 2024 ) | ||||||
= | Pre-Tax Income | + | Tax Provision | + | Net Income (Discontinued Operations) | + | Others |
= | 16.408 | + | 0 | + | 0 | + | 0.012 |
= | 16.42 |
Net Income for the trailing twelve months (TTM) ended in Dec. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was $36.27 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.
Special Opportunities Fund (NYSE:SPE) 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:
Special Opportunities Fund's Earnings per Share (Diluted) (EPS) for the quarter that ended in Dec. 2024 is calculated as
Earnings per Share (Diluted) (Q: Dec. 2024 ) | = | (Net Income | - | Preferred Dividends) | / | Shares Outstanding (Diluted Average) |
= | (16.42 | - | 0.776) | / | 10.628 | |
= | 1.47 |
* 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 businessThe 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.
Thank you for viewing the detailed overview of Special Opportunities Fund's Net Income provided by GuruFocus.com. Please click on the following links to see related term pages.
Andrew Dakos | director, officer: President | 250 PEHLE AVE., SUITE 708, SADDLE BROOK NJ 07663 |
Phillip Goldstein | director, officer: Chairman and Secretary | 60 HERITAGE DRIVE, PLEASANTVILLE NY 10570 |
Gerald Hellerman | director, officer: CCO | 5431 NW 21ST AVE., BOCA RATON FL 33496 |
Rajeev P Das | officer: Vice President | 250 PEHLE AVE., SUITE 708, SADDLE BROOK NJ 07663 |
Charles C Walden | director | C/O INSURED MUNICIPAL INCOME FUND INC., 615 EAST MICHIGAN STREET, MILWAUKEE WI 53202 |
Marc Lunder | director | C/O SPECIAL OPPORTUNITIES FUND, INC., 615 EAST MICHIGAN STREET, MILWAUKEE WI 53202 |
Ben H Harris | director | C/O US BANCORP FUND SERVICES, 777 EAST WISCONSIN AVE., MILWAUKEE WI 53202 |
Steven Samuels | other: Investment Adviser Principal | 72 COLEYTOWN ROAD, WESTPORT CT 06882 |
Stephanie Darling | other: Officer of the Inv. Adviser | 250 PEHLE AVE., SUITE 708, SADDLE BROOK NJ 07663 |
James M Chadwick | director | C/O IMPERIAL HOLDINGS, INC., 701 PARK OF COMMERCE BLVD., #301, BOCA RATON FL 33487 |
Relative Value Partners, Llc | 10 percent owner | 1033 SKOKIE BOULEVARD, SUITE 470, NORTHBROOK IL 60062 |
Karpus Management, Inc. | 10 percent owner | 183 SULLY'S TRAIL, PITTSFORD NY 14534 |
Investors Bulldog | 10 percent owner | PARK 80 WEST PLAZA TWO, SUITE 750, SADDLE BROOK NJ 07663 |
Full Value Advisors Llc | 10 percent owner | PARK 80 WEST, 250 PEHLE AVE., SUITE 708, SADDLE BROOK NJ 07663 |
Ag Ubs | 10 percent owner | 600 WASHINGTON BLVD., STAMFORD CT 06901 |
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