GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Supernova Partners Acquisition Co III Ltd (NYSE:STRE) » Definitions » Net Income

Supernova Partners Acquisition Co III (Supernova Partners Acquisition Co III) Net Income : $9.64 Mil (TTM As of Sep. 2022)


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

What is Supernova Partners Acquisition Co III 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. Supernova Partners Acquisition Co III's Net Income for the three months ended in Sep. 2022 was $1.83 Mil. Its Net Income for the trailing twelve months (TTM) ended in Sep. 2022 was $9.64 Mil.

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


Supernova Partners Acquisition Co III Net Income Historical Data

The historical data trend for Supernova Partners Acquisition Co III'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.

Supernova Partners Acquisition Co III Net Income Chart

Supernova Partners Acquisition Co III Annual Data
Trend Dec20 Dec21
Net Income
- -0.94

Supernova Partners Acquisition Co III Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
Net Income Get a 7-Day Free Trial 1.12 0.96 3.85 3.00 1.83

Supernova Partners Acquisition Co III 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

Supernova Partners Acquisition Co III'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
=-0.942+0+0+0
=-0.94

Supernova Partners Acquisition Co III'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
=1.83+0+0+0
=1.83

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 $9.64 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.


Supernova Partners Acquisition Co III  (NYSE:STRE) 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:

Supernova Partners Acquisition Co III'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.


Supernova Partners Acquisition Co III Net Income Related Terms

Thank you for viewing the detailed overview of Supernova Partners Acquisition Co III's Net Income provided by GuruFocus.com. Please click on the following links to see related term pages.


Supernova Partners Acquisition Co III (Supernova Partners Acquisition Co III) Business Description

Traded in Other Exchanges
N/A
Address
4301 50th Street NW, Suite 300 PMB 1044, Washington, DC, USA, 20016
Website
Supernova Partners Acquisition Co III Ltd is a blank check company.
Executives
Robert Reid director, officer: Chief Executive Officer 345 PARK AVENUE, NEW YORK NY 10154
James Lanzone director 3000 CLEARVIEW WAY, SAN MATEO CA 94402
Kenneth A Fox director
Spencer M Rascoff director 212 26TH STREET, UNIT 317, SANTA MONICA CA 90402
Jan Singer director 2 PARK AVENUE, 12TH FLOOR, NEW YORK NY 10016
Alexander Klabin director C/O ANCIENT MANAGEMENT LP, 512 WEST 22ND STREET, NEW YORK NY 10011
Michael S. Clifton director, officer: Chief Financial Officer C/O SUPERNOVA PARTNERS ACQUISITION CO., 4520 DEXTER STREET, N.W., WASHINGTON DC 20007
Gregg Renfrew director C/O SUPERNOVA PARTNERS ACQUISITION CO., 4520 DEXTER STREET, N.W., WASHINGTON DC 20007
Supernova Partners Iii Llc 10 percent owner 4301 50TH STREET, N.W., SUITE 300, PMB 1044, WASHINGTON DC 20007
Rajeev Singh director 6222 185TH AVENUE NE, REDMOND WA 98052

Supernova Partners Acquisition Co III (Supernova Partners Acquisition Co III) Headlines