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Vahanna Tech Edge Acquisition I (Vahanna Tech Edge Acquisition I) Net Income : $1.35 Mil (TTM As of Jun. 2023)


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What is Vahanna Tech Edge Acquisition I 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. Vahanna Tech Edge Acquisition I's Net Income for the three months ended in Jun. 2023 was $0.03 Mil. Its Net Income for the trailing twelve months (TTM) ended in Jun. 2023 was $1.35 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Vahanna Tech Edge Acquisition I's Earnings per Share (Diluted) for the three months ended in Jun. 2023 was $0.00.


Vahanna Tech Edge Acquisition I Net Income Historical Data

The historical data trend for Vahanna Tech Edge Acquisition I'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.

Vahanna Tech Edge Acquisition I Net Income Chart

Vahanna Tech Edge Acquisition I Annual Data
Trend Dec21 Dec22
Net Income
- 0.98

Vahanna Tech Edge Acquisition I Quarterly Data
Apr21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
Net Income Get a 7-Day Free Trial Premium Member Only -0.09 0.71 0.53 0.09 0.03

Vahanna Tech Edge Acquisition I 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

Vahanna Tech Edge Acquisition I'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
=0.983+0+0+0
=0.98

Vahanna Tech Edge Acquisition I's Net Income for the quarter that ended in Jun. 2023 is calculated as

Net Income(Q: Jun. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=0.026+0+0+0
=0.03

Net Income for the trailing twelve months (TTM) ended in Jun. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $1.35 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.


Vahanna Tech Edge Acquisition I  (NAS:VHNA) 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:

Vahanna Tech Edge Acquisition I's Earnings per Share (Diluted) (EPS) for the quarter that ended in Jun. 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.


Vahanna Tech Edge Acquisition I Net Income Related Terms

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Vahanna Tech Edge Acquisition I (Vahanna Tech Edge Acquisition I) Business Description

Traded in Other Exchanges
N/A
Address
1230 Avenue of the Americas, 16th Floor, New York, NY, USA, 10020
Vahanna Tech Edge Acquisition I Corp is a newly blank check company. It is formed for the purpose of effecting a merger, share exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses.
Executives
Avacara Pte, Ltd. 10 percent owner 14 ROBINSON ROAD, #12-01/02, FAR EAST FINANCE BUILDING, SINGAPORE U0 048545
Steven J. Carlson director C/O QUANTUM FINTECH ACQUISITION CORP, 4221 W. BOY SCOUT BLVD., SUITE 300, TAMPA FL 33607
Zoe Ashcroft director C/O VAHANNA TECH EDGE ACQUISITION I CORP, 17 LOCKWOOD AVENUE, OLD GREENWICH CT 06870
Ankur Kamboj officer: Chief Operating Officer C/O VAHANNA TECH EDGE ACQUISITION I CORP, 17 LOCKWOOD AVENUE, OLD GREENWICH CT 06870
Mohit Pasricha officer: Chief Financial Officer C/O VAHANNA TECH EDGE ACQUISITION I CORP, 17 LOCKWOOD AVENUE, OLD GREENWICH CT 06870
Rohan Malhotra director, officer: Chief Executive Officer C/O VAHANNA TECH EDGE ACQUISITION I CORP, 17 LOCKWOOD AVENUE, OLD GREENWICH CT 06870
Supurna Vedbrat director C/O VAHANNA TECH EDGE ACQUISITION I CORP, 17 LOCKWOOD AVENUE, OLD GREENWICH CT 06870
Xavier Blanchard officer: See Remarks C/O VAHANNA TECH EDGE ACQUISITION I CORP, 17 LOCKWOOD AVENUE, OLD GREENWICH CT 06870
Akshaya Bhargava 10 percent owner C/O VAHANNA TECH EDGE ACQUISITION I CORP, 1230 AVENUE OF THE AMERICAS, 16TH FLOOR, NEW YORK NY 10020
Vinode Ramgopal 10 percent owner C/O VAHANNA TECH EDGE ACQUISITION I CORP, 1230 AVENUE OF THE AMERICAS, 16TH FLOOR, NEW YORK NY 10020
Ajay Shah director 2775 SAND HILL ROAD, SUITE 100, MENLO PARK CA 94025
Abha Kumar director C/O VAHANNA TECH EDGE ACQUISITION I CORP, 5 EAST 22ND STREET, APT 4M, NEW YORK NY 10010
Karan Puri officer: Chief Executive Officer C/O VAHANNA TECH EDGE ACQUISITION I CORP, 5 EAST 22ND STREET, APT 4M, NEW YORK NY 10010
Vahanna Llc 10 percent owner C/O VAHANNA TECH EDGE ACQUISITION I CORP, 5 EAST 22ND STREET, APT 4M, NEW YORK NY 10010
Saurav Adhikari director, officer: Chairman C/O VAHANNA TECH EDGE ACQUISITION I CORP, 5 EAST 22ND STREET, APT 4M, NEW YORK NY 10010

Vahanna Tech Edge Acquisition I (Vahanna Tech Edge Acquisition I) Headlines

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