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Berenson Acquisition I (Berenson Acquisition I) Net Income : $3.70 Mil (TTM As of Sep. 2023)


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What is Berenson 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. Berenson Acquisition I's Net Income for the three months ended in Sep. 2023 was $-0.22 Mil. Its Net Income for the trailing twelve months (TTM) ended in Sep. 2023 was $3.70 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Berenson Acquisition I's Earnings per Share (Diluted) for the three months ended in Sep. 2023 was $-0.02.


Berenson Acquisition I Net Income Historical Data

The historical data trend for Berenson 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.

Berenson Acquisition I Net Income Chart

Berenson Acquisition I Annual Data
Trend Dec21 Dec22
Net Income
- 10.92

Berenson Acquisition I Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Net Income Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.53 1.60 2.43 -0.11 -0.22

Berenson 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

Berenson 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
=11.673+-0.749+0+0
=10.92

Berenson Acquisition I's Net Income for the quarter that ended in Sep. 2023 is calculated as

Net Income(Q: Sep. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-0.158+-0.063+0+0.001
=-0.22

Net Income for the trailing twelve months (TTM) ended in Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $3.70 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.


Berenson Acquisition I  (AMEX:BACA) 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:

Berenson Acquisition I's Earnings per Share (Diluted) (EPS) for the quarter that ended in Sep. 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.


Berenson Acquisition I Net Income Related Terms

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Berenson Acquisition I (Berenson Acquisition I) Business Description

Traded in Other Exchanges
N/A
Address
667 Madison Avenue, 18th Floor, New York, NY, USA, 10065
Berenson Acquisition Corp I is a newly incorporated blank check company.
Executives
Carl Ferenbach director CROWN CASTLE INTERNATIONAL CORP, 510 BERING DR STE 500, HOUSTON TX 77057
Jeffrey L Berenson director C/O EPOCH HOLDING CORPORATION, 640 FIFTH AVENUE, NEW YORK, NY 10019
Kaumudi Kay Kapoor director 9814 POTOMAC MANORS DRIVE, POTOMAC MD 20854
David Panton director C/O D AND Z MEDIA ACQUISITION CORP., 2870 PEACHTREE ROAD NW, SUITE 509, ATLANTA GA 30305
Ronald Kasner director 667 MADISON AVENUE, 18TH FLOOR, C/O BERENSON ACQUISITION CORP. I, NEW YORK NY 10065
Amir M. Hegazy officer: Chief Financial Officer 667 MADISON AVENUE, 18TH FLOOR, C/O BERENSON ACQUISITION CORP. I, NEW YORK NY 10065
Gal Munda director 667 MADISON AVENUE, 18TH FLOOR, C/O BERENSON ACQUISITION CORP. I, NEW YORK NY 10065
Mohammed M. Ansari director, officer: Chief Executive Officer 667 MADISON AVENUE, 18TH FLOOR, C/O BERENSON ACQUISITION CORP. I, NEW YORK NY 10065
Berenson Spac Holdings I, Llc 10 percent owner 667 MADISON AVENUE, 18TH FLOOR, NEW YORK NY 10065