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TLG Acquisition One (TLG Acquisition One) Net Income : $2.89 Mil (TTM As of Mar. 2023)


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What is TLG Acquisition One 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. TLG Acquisition One's Net Income for the three months ended in Mar. 2023 was $-1.10 Mil. Its Net Income for the trailing twelve months (TTM) ended in Mar. 2023 was $2.89 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. TLG Acquisition One's Earnings per Share (Diluted) for the three months ended in Mar. 2023 was $-0.08.


TLG Acquisition One Net Income Historical Data

The historical data trend for TLG Acquisition One'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.

TLG Acquisition One Net Income Chart

TLG Acquisition One Annual Data
Trend Dec20 Dec21 Dec22
Net Income
- 17.92 10.44

TLG Acquisition One Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
Net Income Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.45 2.76 0.29 0.95 -1.10

TLG Acquisition One 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

TLG Acquisition One's Net Income for the fiscal year that ended in Dec. 2022 is calculated as

Net Income(A: Dec. 2022 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=11.497+-1.056+0+1.7763568394003E-15
=10.44

TLG Acquisition One's Net Income for the quarter that ended in Mar. 2023 is calculated as

Net Income(Q: Mar. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-0.985+-0.118+0+-0.0010000000000001
=-1.10

Net Income for the trailing twelve months (TTM) ended in Mar. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $2.89 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.


TLG Acquisition One  (NYSE:TLGA) 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:

TLG Acquisition One's Earnings per Share (Diluted) (EPS) for the quarter that ended in Mar. 2023 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.


TLG Acquisition One Net Income Related Terms

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TLG Acquisition One (TLG Acquisition One) Business Description

Traded in Other Exchanges
N/A
Address
515 North Flagler Drive, Suite 520, West Palm Beach, FL, USA, 33401
TLG Acquisition One Corp is a blank check company.
Executives
Zainabu Oke director 8300 GOLF LINKS ROAD, OAKLAND CA 94605
Edward Ho director 1775 TYSONS BOULEVARD, TYSONS VA 22102
John M Lawrie director, 10 percent owner, officer: See Remarks DXC TECHNOLOGY COMPANY, 1775 TYSONS BOULEVARD, TYSONS VA 22102
Abdo G Kadifa director C/O CORIO INC, 959 SKYWAY RD #100, SAN CARLOS CA 94070
Terry Hilliard C. Iii director ONE SW COLUMBIA ST STE 1200, PORTLAND OR 97258
David L Johnson director, officer: Chief Financial Officer ONE DELL WAY, ROUND ROCK TX 78682
Kristin Muhlner director 3877 FAIRFAX RIDGE ROAD, SOUTH TOWER, FAIRFAX VA 22030
Tlg Acquisition Founder Llc 10 percent owner 515 NORTH FLAGLER DRIVE, SUITE 520, WEST PALM BEACH FL 33401

TLG Acquisition One (TLG Acquisition One) Headlines

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