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Papaya Growth Opportunity I (Papaya Growth Opportunity I) Net Income : $2.43 Mil (TTM As of Dec. 2023)


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What is Papaya Growth Opportunity 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. Papaya Growth Opportunity I's Net Income for the three months ended in Dec. 2023 was $-0.17 Mil. Its Net Income for the trailing twelve months (TTM) ended in Dec. 2023 was $2.43 Mil.

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


Papaya Growth Opportunity I Net Income Historical Data

The historical data trend for Papaya Growth Opportunity 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.

Papaya Growth Opportunity I Net Income Chart

Papaya Growth Opportunity I Annual Data
Trend Dec21 Dec22 Dec23
Net Income
- 1.55 2.43

Papaya Growth Opportunity I Quarterly Data
Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Net Income Get a 7-Day Free Trial Premium Member Only 1.21 1.20 1.09 0.31 -0.17

Papaya Growth Opportunity 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

Papaya Growth Opportunity I'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
=3.981+-1.553+0+0
=2.43

Papaya Growth Opportunity I'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
=-0.173+0.003+0+-0.001
=-0.17

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 $2.43 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.


Papaya Growth Opportunity I  (NAS:PPYA) 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:

Papaya Growth Opportunity I'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.


Papaya Growth Opportunity I Net Income Related Terms

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Papaya Growth Opportunity I (Papaya Growth Opportunity I) Business Description

Traded in Other Exchanges
N/A
Address
2201 Broadway, Suite 750, Oakland, CA, USA, 94612
Papaya Growth Opportunity Corp I is a blank check company.
Executives
Alberta Investment Management Corp 10 percent owner 1600-10250 101 STREET NW, EDMONTON A0 T5J 3P4
Neil B Herceg director 2201 BROADWAY, #705, OAKLAND CA 94612
Daniel A Murillo director 2201 BROADWAY, #705, OAKLAND CA 94612
Timothy J Schenk director 2201 BROADWAY, #705, OAKLAND CA 94612
Alex Spiro officer: President 25 TUDOR CITY PLACE APT 1011, NEW YORK NY 10017
Dave Yarnold director C/O MODEL N, INC., 777 MARINERS ISLAND BLVD, SUITE 300, SAN MATEO CA 94404
Patricia Nakache director 325 SHARON PARK DR., #458, MENLO PARK CA 94025
Diana A Sklar director 2 ROUSSEAU STREET, SAN FRANCISCO CA 94112
Clay Whitehead director, 10 percent owner, officer: Chief Executive Officer C/O PLUM ACQUISITION CORP. I, 339 SEAVIEW AVE, PIEDMONT CA 94610
Daniel C Rogers officer: CFO and Secretary 2201 BROADWAY; SUITE 705, OAKLAND CA 94612
Papaya Growth Opportunity I Sponsor, Llc 10 percent owner 2201 BROADWAY, SUITE 750, OAKLAND CA 94612
Patrick Pohlen director C/O MNTN DIGITAL, INC., 201 W. 5TH STREET, 11TH FLOOR, AUSTIN TX 78701

Papaya Growth Opportunity I (Papaya Growth Opportunity I) Headlines