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A SPAC II Acquisition (A SPAC II Acquisition) Net Income : $3.58 Mil (TTM As of Mar. 2024)


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What is A SPAC II 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. A SPAC II Acquisition's Net Income for the three months ended in Mar. 2024 was $0.14 Mil. Its Net Income for the trailing twelve months (TTM) ended in Mar. 2024 was $3.58 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. A SPAC II Acquisition's Earnings per Share (Diluted) for the three months ended in Mar. 2024 was $0.02.


A SPAC II Acquisition Net Income Historical Data

The historical data trend for A SPAC II 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.

A SPAC II Acquisition Net Income Chart

A SPAC II Acquisition Annual Data
Trend Dec21 Dec22 Dec23
Net Income
- 2.44 5.44

A SPAC II Acquisition Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Net Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 2.00 2.27 1.00 0.17 0.14

A SPAC II 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

A SPAC II Acquisition'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
=5.436+0+0+0
=5.44

A SPAC II Acquisition's Net Income for the quarter that ended in Mar. 2024 is calculated as

Net Income(Q: Mar. 2024 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=0.142+0+0+0
=0.14

Net Income for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $3.58 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.


A SPAC II Acquisition  (NAS:ASCB) 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:

A SPAC II Acquisition's Earnings per Share (Diluted) (EPS) for the quarter that ended in Mar. 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.


A SPAC II Acquisition Net Income Related Terms

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A SPAC II Acquisition (A SPAC II Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
289 Beach Road, Number 03-01, Singapore, SGP, 199552
Website
A SPAC II Acquisition Corp is a blank check company.
Executives
Maclean Malcolm F Iv director C/O ASPEN GROUP, INC., 1660 SOUTH ALBION STREET, SUITE 525, DENVER CO 80222
Claudius Tsang officer: CEO and CFO WICKHAMS CAY II, PO BOX 3170, ROAD TOWN, TORTOLA D8 00000
Ka Wo Chan director 289 BEACH ROAD #03-01, SINGAPORE U0 199552
Paul Cummins director 289 BEACH ROAD #03-01, SINGAPORE U0 199552
Bryan Biniak director 289 BEACH ROAD #03-01, SINGAPORE U0 199552
Anson Chan director 289 BEACH ROAD #03-01, SINGAPORE U0 199552
Spac Ii (holdings) Acquisition Corp. 10 percent owner CHEUNG KONG CENTER, 58 FLOOR, UNIT 5801, 2 QUEENS ROAD CENTRAL, CENTRAL K3 00000

A SPAC II Acquisition (A SPAC II Acquisition) Headlines

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