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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. Coliseum Acquisition's Net Income for the three months ended in Dec. 2023 was $0.41 Mil. Its Net Income for the trailing twelve months (TTM) ended in Dec. 2023 was $3.10 Mil.
Net Income is linked to the most popular Earnings per Share (Diluted) number. Coliseum Acquisition's Earnings per Share (Diluted) for the three months ended in Dec. 2023 was $0.06.
The historical data trend for Coliseum 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.
Coliseum Acquisition Annual Data | |||||||
Trend | Dec21 | Dec22 | Dec23 | ||||
Net Income | - | 7.60 | 3.10 |
Coliseum Acquisition Quarterly Data | ||||||||||||
Feb21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | |
Net Income | Get a 7-Day Free Trial | 1.58 | 0.70 | 1.36 | 0.63 | 0.41 |
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
Coliseum 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 |
= | 3.1 | + | 0 | + | 0 | + | 0 |
= | 3.10 |
Coliseum Acquisition's Net Income for the quarter that ended in Dec. 2023 is calculated as
Net Income | (Q: Dec. 2023 ) | ||||||
= | Pre-Tax Income | + | Tax Provision | + | Net Income (Discontinued Operations) | + | Others |
= | 0.407 | + | 0 | + | 0 | + | 0 |
= | 0.41 |
Net Income for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $3.10 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.
Coliseum Acquisition (NAS:MITA) 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:
Coliseum Acquisition's Earnings per Share (Diluted) (EPS) for the quarter that ended in Dec. 2023 is calculated as
Earnings per Share (Diluted) (Q: Dec. 2023 ) | = | (Net Income | - | Preferred Dividends) | / | Shares Outstanding (Diluted Average) |
= | (0.407 | - | 0) | / | 6.626 | |
= | 0.06 |
* 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 businessThe 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.
Thank you for viewing the detailed overview of Coliseum Acquisition's Net Income provided by GuruFocus.com. Please click on the following links to see related term pages.
Walter E Skowronski | director | 6903 ROCKLEDGE DRIVE, BETHESDA MD 20817 |
Roland Rapp | director | 27442 PORTOLA PARKWAY, SUITE 200, FOOTHILL RANCH CA 92610 |
Charles Wert | officer: Chief Executive Officer | 200 PARK AVENUE, NEW YORK NY 10166 |
Kenneth Rivers | director | C/O COLISEUM ACQUISITION CORP., 1180 NORTH TOWN CENTER DRIVE, SUITE 100, LAS VEGAS NV 89144 |
Oanh Truong | officer: Chief Financial Officer | C/O COLISEUM ACQUISITION CORP., 1180 NORTH TOWN CENTER DRIVE, SUITE 100, LAS VEGAS NV 89144 |
Harry L. You | director, 10 percent owner, officer: See Remarks | EMC CORPORATION, 176 SOUTH STREET, HOPKINTON MA 01748 |
Andrew R Heyer | director | 501 MADISON AVENUE, FLOOR 5, NEW YORK NY 10019 |
James Lanzone | director | 3000 CLEARVIEW WAY, SAN MATEO CA 94402 |
Coliseum Acquisition Sponsor Llc | 10 percent owner | 80 PINE STREET SUITE 3202, NEW YORK NY 10005 |
Daniel Haimovic | director, 10 percent owner, officer: Co-Chief Executive Officer | 80 PINE STREET, SUITE 3202, NEW YORK NY 10005 |
Andrew Fishkoff | officer: COO / General Counsel | 80 PINE STREET, SUITE 3202, NEW YORK NY 10005 |
Jason Beren | officer: Chief Financial Officer | 80 PINE STREET, SUITE 3202, NEW YORK NY 10005 |
Romitha Mally | director | 80 PINE STREET, SUITE 3202, NEW YORK NY 10005 |
Ezra Kucharz | director | 80 PINE STREET, SUITE 3202, NEW YORK NY 10005 |
Jason W. Stein | director, 10 percent owner, officer: Co-Chief Executive Officer | 80 PINE STREET, SUITE 3202, NEW YORK NY 10005 |
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