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Viveon Health Acquisition (Viveon Health Acquisition) Net Income : $-0.49 Mil (TTM As of Dec. 2022)


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What is Viveon Health 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. Viveon Health Acquisition's Net Income for the three months ended in Dec. 2022 was $2.95 Mil. Its Net Income for the trailing twelve months (TTM) ended in Dec. 2022 was $-0.49 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Viveon Health Acquisition's Earnings per Share (Diluted) for the three months ended in Dec. 2022 was $.


Viveon Health Acquisition Net Income Historical Data

The historical data trend for Viveon Health 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.

Viveon Health Acquisition Net Income Chart

Viveon Health Acquisition Annual Data
Trend Dec20 Dec21 Dec22
Net Income
- 2.49 -0.49

Viveon Health Acquisition Quarterly Data
Aug20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22
Net Income Get a 7-Day Free Trial Premium Member Only -0.50 -1.52 0.47 -2.39 2.95

Viveon Health 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

Viveon Health Acquisition'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
=-0.425+-0.061+0+-0.001
=-0.49

Viveon Health Acquisition's Net Income for the quarter that ended in Dec. 2022 is calculated as

Net Income(Q: Dec. 2022 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=3.009+0+0+-0.061
=2.95

Net Income for the trailing twelve months (TTM) ended in Dec. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.49 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.


Viveon Health Acquisition  (OTCPK:VHAQU) 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:

Viveon Health Acquisition's Earnings per Share (Diluted) (EPS) for the quarter that ended in Dec. 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.


Viveon Health Acquisition Net Income Related Terms

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Viveon Health Acquisition (Viveon Health Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
3480 Peachtree Road NE, 2nd Floor, Suite 112, Atlanta, GA, USA, 30326
Website
Viveon Health Acquisition Corp is a blank check company. It is formed for the purpose of entering into a merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization or other similar business combination with one or more businesses.
Executives
Demetrios G. Logothetis director C/O GIBSON, DEAL & FLETCHER, PC, 3953, NORCROSS GA 30092
Lishan Aklog director 420 LEXINGTON AVENUE, SUITE 300, NEW YORK NY 10171
Romilos Papadopoulos director, 10 percent owner, officer: CFO and Treasurer C/O XETHANOL CORPORATION, 3348 PEACHTREE ROAD NE, BLDG 200, #250, ATLANTA GA 30326
John Douglas Craft director C/O GIDSON, DEAL & FLETCHER, PC, 3953 HOLCOMB BRIDGE ROAD, NORCROSS GA 30092
Brian J. Cole director C/O GIBSON, DEAL, AND FLETCHER, P. C., 3953 HOLCOMB BRIDGE ROAD, NORCROSS GA 30092
Jagi Gill director, 10 percent owner, officer: CEO and President C/O GIDSON, DEAL & FLETCHER, PC, 395, NORCROSS GA 30092
Viveon Health, Llc 10 percent owner C/O GIDSON, DEAL & FLETCHER, PC, 39, NORCROSS NY 30092

Viveon Health Acquisition (Viveon Health Acquisition) Headlines

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