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TPVG (TriplePoint Venture Growth BDC) Net Income : $10.44 Mil (TTM As of Sep. 2024)


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What is TriplePoint Venture Growth BDC 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. TriplePoint Venture Growth BDC's Net Income for the three months ended in Sep. 2024 was $22.63 Mil. Its Net Income for the trailing twelve months (TTM) ended in Sep. 2024 was $10.44 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. TriplePoint Venture Growth BDC's Earnings per Share (Diluted) for the three months ended in Sep. 2024 was $0.57.


TriplePoint Venture Growth BDC Net Income Historical Data

The historical data trend for TriplePoint Venture Growth BDC'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.

TriplePoint Venture Growth BDC Net Income Chart

TriplePoint Venture Growth BDC Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 31.76 35.31 76.56 -20.07 -39.82

TriplePoint Venture Growth BDC Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Net Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.15 -28.79 7.98 8.62 22.63

TriplePoint Venture Growth BDC 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

TriplePoint Venture Growth BDC's Net Income for the fiscal year that ended in Dec. 2023 is calculated as

Net Income(A: Dec. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-39.821+0+0+0
=-39.82

TriplePoint Venture Growth BDC's Net Income for the quarter that ended in Sep. 2024 is calculated as

Net Income(Q: Sep. 2024 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=22.634+0+0+0
=22.63

Net Income for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $10.44 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.


TriplePoint Venture Growth BDC  (NYSE:TPVG) 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:

TriplePoint Venture Growth BDC's Earnings per Share (Diluted) (EPS) for the quarter that ended in Sep. 2024 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.


TriplePoint Venture Growth BDC Net Income Related Terms

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TriplePoint Venture Growth BDC Business Description

Traded in Other Exchanges
Address
2755 Sand Hill Road, Suite 150, Menlo Park, CA, USA, 94025
TriplePoint Venture Growth BDC Corp is a closed-end, non-diversified management investment company. Its investment objective is to maximize its total return to stockholders in the form of current income and, to a lesser extent, capital appreciation. The fund focuses on companies operating in the fields of biofuels, business applications software, wireless communications equipment, e-commerce, clothing and accessories, conferencing equipment and services, personal goods, financial institutions and services, entertainment, mixed retailing, and healthcare services. Geographically, all the operations of the firm function through the region of the United states.
Executives
Sajal Srivastava director, officer: See Remarks 2755 SAND HILL ROAD, SUITE 150, MENLO PARK CA 94025
Katherine J Park director 2755 SAND HILL ROAD, SUITE 150, MENLO PARK CA 94025
Stephen Cassani director 700 EMERSON STREET, PALO ALTO CA 94301
Cynthia M. Fornelli director 2755 SAND HILL ROAD, SUITE 150, MENLO PARK CA 94025
Kimberley H Vogel director 63 CONSTITUTION DRIVE, CHICO CA 95973
Christopher M. Mathieu officer: Chief Financial Officer 312 FARMINGTON AVENUE, FARMINGTON CT 06032
Gilbert Ahye director 200 VESEY ST, NEW YORK NY 10285
Christopher Gastelu officer: See Remarks 920 WOODLAND AVENUE, ORADELL NJ 07649
James Labe director, officer: Chief Executive Officer 2755 SAND HILL ROAD, SUITE 150, MENLO PARK CA 94025
Steven Bird director 525 UNIVERSITY AVE, SUITE 225, PALO ALTO CA 94301
Andrew Olson officer: Chief Financial Officer C/O HERCULES TECHNOLOGY GROWTH CAPITAL, 400 HAMILTON AVENUE, SUITE 310, PALO ALTO CA 94301
Harold F Zagunis officer: Chief Financial Officer ONE BELVEDERE, SUITE 300, MILL VALLEY CA 94941
Boathouse Row Ii L P 10 percent owner 450 SANSOME STREET, SUITE 1500, SAN FRAN CA 94111
Philadelphia Financial Management Of San Francisco, Llc 10 percent owner 450 SANSOME STREET, SUITE 1500, SAN FRANCISCO CA 94111
Boathouse Row I, L.p. 10 percent owner 450 SANSOME STREET, SUITE 1500, SAN FRANCISCO CA 94111