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Engagesmart (Engagesmart) Net Income : $24.9 Mil (TTM As of Sep. 2023)


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What is Engagesmart 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. Engagesmart's Net Income for the three months ended in Sep. 2023 was $11.5 Mil. Its Net Income for the trailing twelve months (TTM) ended in Sep. 2023 was $24.9 Mil.

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


Engagesmart Net Income Historical Data

The historical data trend for Engagesmart'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.

Engagesmart Net Income Chart

Engagesmart Annual Data
Trend Dec19 Dec20 Dec21 Dec22
Net Income
- -6.68 -8.97 20.59

Engagesmart Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 6.77 4.89 4.12 4.34 11.53

Engagesmart 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

Engagesmart'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
=19.389+1.204+0+0
=20.6

Engagesmart'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
=17.865+-6.335+0+1.7763568394003E-15
=11.5

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 $24.9 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.


Engagesmart  (NYSE:ESMT) 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:

Engagesmart'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.


Engagesmart Net Income Related Terms

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Engagesmart (Engagesmart) Business Description

Traded in Other Exchanges
N/A
Address
30 Braintree Hill Office Park, Suite 101, Braintree, MA, USA, 02184
Engagesmart Inc is a provider of vertically tailored customer engagement software and integrated payments capabilities. It offers single instance, multi-tenant, true Software-as-a-Service vertical solutions that are designed to simplify customers' engagement with clients by driving digital adoption and self-service. Its operating segments include Enterprise Solutions and SMB Solution.
Executives
Kevin William O'brien officer: See Remarks C/O ENGAGESMART, LLC, 30 BRAINTREE HILL OFFICE PARK, SUITE 101, BRAINTREE MA 02184
Seltzer Jonathan Cole officer: President, SMB Solutions C/O ENGAGESMART, LLC, 30 BRAINTREE HILL OFFICE PARK, SUITE 101, BRAINTREE MA 02184
Patrick F Donovan officer: Chief Accounting Officer C/O ENGAGESMART, LLC, 30 BRAINTREE HILL OFFICE PARK, SUITE 101, BRAINTREE MA 02184
Robert Paul Bennett director, officer: Chief Executive Officer C/O ENGAGESMART, LLC, 30 BRAINTREE HILL OFFICE PARK, SUITE 101, BRAINTREE MA 02184
Cassandra Hudson officer: Chief Financial Officer C/O CARBONITE, INC., 2 AVENUE DE LAFAYETTE, BOSTON MA 02111
General Atlantic Partners (bermuda) Eu, L.p. 10 percent owner C/O GENERAL ATLANTIC SERVICE COMPANY LP, 55 EAST 52ND STREET, 33RD FLOOR, NEW YORK NY 10055
General Atlantic, L.p. director, 10 percent owner 55 EAST 52ND STREET, 33RD FLOOR, NEW YORK NY 10055
Summit Partners Growth Equity Fund Viii-a, L.p. 10 percent owner 222 BERKELEY STREET, 18TH FLOOR, BOSTON MA 02116
General Atlantic Genpar (bermuda), L.p. director, 10 percent owner C/O GENERAL ATLANTIC SERVICE COMPANY,LLC, 55 EAST 52ND ST. 32ND FLOOR, NEW YORK NY 10055
Scott C Collins 10 percent owner C/O SUMMIT PARTNERS, 222 BERKELEY ST 18TH FL, BOSTON MA 02116
General Atlantic Genpar, L.p. director, 10 percent owner 55 EAST 52ND STREET, 32ND FLOOR, NEW YORK NY 10055
Diego A Rodriguez director C/O ENGAGESMART, LLC, 30 BRAINTREE HILL OFFICE PARK, SUITE 101, BRAINTREE MA 02184
Scott N Semel officer: General Counsel
Summit Partners Entrepreneur Advisors Fund I, L.p. 10 percent owner 222 BERKELEY STREET, 18TH FLOOR, BOSTON MA 02116
Raphael Osnoss director C/O ALKAMI TECHNOLOGY, INC., 5601 GRANITE PARKWAY, SUITE 120, PLANO TX 75024