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Silver Spike Acquisition II (Silver Spike Acquisition II) Net Income : $14.06 Mil (TTM As of Sep. 2022)


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What is Silver Spike Acquisition II 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. Silver Spike Acquisition II's Net Income for the three months ended in Sep. 2022 was $1.69 Mil. Its Net Income for the trailing twelve months (TTM) ended in Sep. 2022 was $14.06 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Silver Spike Acquisition II's Earnings per Share (Diluted) for the three months ended in Sep. 2022 was $0.05.


Silver Spike Acquisition II Net Income Historical Data

The historical data trend for Silver Spike Acquisition II'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.

Silver Spike Acquisition II Net Income Chart

Silver Spike Acquisition II Annual Data
Trend Dec20 Dec21
Net Income
-0.01 1.16

Silver Spike Acquisition II Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
Net Income Get a 7-Day Free Trial 2.04 2.48 6.22 3.66 1.69

Silver Spike Acquisition II 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

Silver Spike Acquisition II'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
=1.159+0+0+0
=1.16

Silver Spike Acquisition II'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
=1.693+0+0+0
=1.69

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 $14.06 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.


Silver Spike Acquisition II  (NAS:SPKB) 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:

Silver Spike Acquisition II'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.


Silver Spike Acquisition II Net Income Related Terms

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Silver Spike Acquisition II (Silver Spike Acquisition II) Business Description

Traded in Other Exchanges
N/A
Address
660 Madison Avenue, Suite 1600, New York, NY, USA, 10065
Silver Spike Acquisition Corp II is a blank check company.
Executives
Orrin Devinsky director 1114 6TH AVE, 41ST FLOOR, NEW YORK NY 10036
Richard M. Goldman director 390 PARK AVENUE, 15TH FLOOR, NEW YORK NY 10022
Kenneth H. Landis director 1114 6TH AVE, 41ST FLOOR, NEW YORK NY 10036
Scott Gordon director, officer: CEO and Chairman 1114 6TH AVE, 41ST FLOOR, NEW YORK NY 10036
William Healy director, officer: President and Director 1114 6TH AVE, 41ST FLOOR, NEW YORK NY 10036
Gregory M. Gentile officer: Chief Financial Officer 1114 6TH AVE, 41ST FLOOR, NEW YORK NY 10036
Silver Spike Sponsor Ii, Llc 10 percent owner 660 MADISON AVENUE, SUITE 1600, NEW YORK NY 10065