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Origin Materials (Origin Materials) Net Income : $23.80 Mil (TTM As of Dec. 2023)


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What is Origin Materials 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. Origin Materials's Net Income for the three months ended in Dec. 2023 was $-10.44 Mil. Its Net Income for the trailing twelve months (TTM) ended in Dec. 2023 was $23.80 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Origin Materials's Earnings per Share (Diluted) for the three months ended in Dec. 2023 was $-0.07.


Origin Materials Net Income Historical Data

The historical data trend for Origin Materials'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.

Origin Materials Net Income Chart

Origin Materials Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Net Income
-30.30 42.09 78.57 23.80

Origin Materials Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Net Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 15.99 9.77 -6.46 30.93 -10.44

Origin Materials 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

Origin Materials'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
=22.711+1.087+0+0
=23.80

Origin Materials'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
=-11.748+1.31+0+-1.7763568394003E-15
=-10.44

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 $23.80 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.


Origin Materials  (NAS:ORGN) 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:

Origin Materials's Earnings per Share (Diluted) (EPS) for the quarter that ended in Dec. 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.


Origin Materials Net Income Related Terms

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Origin Materials (Origin Materials) Business Description

Traded in Other Exchanges
Address
930 Riverside Parkway, Suite 10, West Sacramento, CA, USA, 95605
Origin Materials Inc is a carbon-negative materials company. The platform turns the carbon found in biomass into useful materials, while eliminating the need for fossil resources and capturing carbon in the process.
Executives
John Bissell director, officer: President, Co-CEO and Director C/O ORIGIN MATERIALS, INC., 930 RIVERSIDE PKWY #10, WEST SACRAMENTO CA 95605
Joshua C. Lee officer: General Counsel C/O ORIGIN MATERIALS, INC., 930 RIVERSIDE PKWY #10, WEST SACRAMENTO CA 95605
Richard J. Riley director, officer: Co-CEO and Director C/O ORIGIN MATERIALS, INC., 930 RIVERSIDE PKWY #10, WEST SACRAMENTO CA 95605
Matthew T Plavan officer: Chief Financial Officer C/O THERMOGENESIS CORP., 2711 CITRUS ROAD, RANCHO CORDOVA CA 95742
R Tony Tripeny director ONE RIVERFRONT PLAZA, CORNING NY 14831
Pamela Haley officer: Interim CFO 202 COUSTEAU PLACE, DAVIS CA 95618
Karen A Richardson director
James C. Stephanou director 930 RIVERSIDE PKWY SUITE 10, WEST SACRAMENTO CA 95605
Craig A Rogerson director 1313 N MARKET ST, WILMINGTON DE 19894
Boon Sim director, 10 percent owner C/O VANTIV, INC., 8500 GOVERNORS HILL DRIVE, CINCINNATI OH 45249
Nathan S. Whaley officer: Chief Financial Officer C/O ORIGIN MATERIALS, INC., 930 RIVERSIDE PKWY #10, WEST SACRAMENTO CA 95605
Heidenmark Cook Pia Johanna director PRASTAV 672, VIKEN V7 263 61
Stephen Galowitz officer: Chief Commercial Officer C/O ORIGIN MATERIALS, INC., 3 COLUMBUS CIRCLE, SUITE 2215, NEW YORK NY 10019
Charles Drucker director, 10 percent owner, officer: Executive Chairman 38 FOUNTAIN SQUARE PLAZA, MD 10AT76, CINCINNATI OH 45263
Benno O Dorer director 1221 BROADWAY, OAKLAND CA 94612

Origin Materials (Origin Materials) Headlines

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