GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Tiga Acquisition Corp (NYSE:TINV) » Definitions » Net Income

Tiga Acquisition (Tiga Acquisition) Net Income : $-8.33 Mil (TTM As of Sep. 2022)


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

What is Tiga 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. Tiga Acquisition's Net Income for the three months ended in Sep. 2022 was $-9.18 Mil. Its Net Income for the trailing twelve months (TTM) ended in Sep. 2022 was $-8.33 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Tiga Acquisition's Earnings per Share (Diluted) for the three months ended in Sep. 2022 was $-0.27.


Tiga Acquisition Net Income Historical Data

The historical data trend for Tiga 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.

Tiga Acquisition Net Income Chart

Tiga Acquisition Annual Data
Trend Dec20 Dec21
Net Income
- 23.20

Tiga Acquisition Quarterly Data
Jul20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
Net Income Get a 7-Day Free Trial Premium Member Only 11.83 0.37 8.01 -7.52 -9.18

Tiga 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

Tiga Acquisition'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
=23.195+0+0+0
=23.20

Tiga Acquisition'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
=-9.184+0+0+0
=-9.18

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 $-8.33 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.


Tiga Acquisition  (NYSE:TINV) 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:

Tiga Acquisition'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.


Tiga Acquisition Net Income Related Terms

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


Tiga Acquisition (Tiga Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
Ocean Financial Centre, Level 40, 10 Collyer Quay, Singapore, SGP, 049315
Tiga Acquisition Corp is a blank check company.
Executives
David Christopher Ryan director C/O AFFILIATED MANAGERS GROUP, INC., 777 SOUTH FLAGLER DRIVE, WEST PALM BEACH FL 33401
Tiga Sponsor Llc 10 percent owner C/O TIGA ACQUISITION CORP., 250 NORTH BRIDGE ROAD, #24-00 RAFFLES, SINGAPORE U0 179101
Peter Chambers officer: Chief Operating Officer C/O TIGA ACQUISITION CORP., 250 NORTH BRIDGE ROAD, #24-00 RAFFLES, SINGAPORE U0 179101
Diana Luo officer: Chief Financial Officer C/O TIGA ACQUISITION CORP., 250 NORTH BRIDGE ROAD, #24-00 RAFFLES, SINGAPORE U0 179101
Ben Falloon director C/O TIGA ACQUISITION CORP., OFC, LEVEL 40, 10 COLLYER QUAY, SINGAPORE U0 049315
Carman Wong director C/O TIGA ACQUISITION CORP., OFC, LEVEL 40, 10 COLLYER QUAY, SINGAPORE U0 049315
Zage George Raymond Iii director, 10 percent owner, officer: Chief Executive Officer C/O TIGA ACQUISITION CORP., OFC, LEVEL 40, 10 COLLYER QUAY, SINGAPORE U0 04
Ashish Gupta director, 10 percent owner C/O TIGA ACQUISITION CORP., OFC, LEVEL 40, 10 COLLYER QUAY, SINGAPORE U0 049315

Tiga Acquisition (Tiga Acquisition) Headlines