GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Golden Falcon Acquisition Corp (NYSE:GFX.U) » Definitions » Net Income

Golden Falcon Acquisition (Golden Falcon Acquisition) Net Income : $1.21 Mil (TTM As of Mar. 2023)


View and export this data going back to 2020. Start your Free Trial

What is Golden Falcon Acquisition 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. Golden Falcon Acquisition's Net Income for the three months ended in Mar. 2023 was $-3.21 Mil. Its Net Income for the trailing twelve months (TTM) ended in Mar. 2023 was $1.21 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Golden Falcon Acquisition's Earnings per Share (Diluted) for the three months ended in Mar. 2023 was $.


Golden Falcon Acquisition Net Income Historical Data

The historical data trend for Golden Falcon 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.

* Premium members only.

Golden Falcon Acquisition Net Income Chart

Golden Falcon Acquisition Annual Data
Trend Dec20 Dec21 Dec22
Net Income
- 19.32 13.80

Golden Falcon Acquisition Quarterly Data
Aug20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
Net Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 9.38 4.56 1.26 -1.40 -3.21

Golden Falcon Acquisition 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

Golden Falcon Acquisition'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
=14.741+-0.938+0+1.7763568394003E-15
=13.80

Golden Falcon Acquisition's Net Income for the quarter that ended in Mar. 2023 is calculated as

Net Income(Q: Mar. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-3.132+-0.077+0+0
=-3.21

Net Income for the trailing twelve months (TTM) ended in Mar. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $1.21 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.


Golden Falcon Acquisition  (NYSE:GFX.U) 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:

Golden Falcon Acquisition's Earnings per Share (Diluted) (EPS) for the quarter that ended in Mar. 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.


Golden Falcon Acquisition Net Income Related Terms

Thank you for viewing the detailed overview of Golden Falcon Acquisition's Net Income provided by GuruFocus.com. Please click on the following links to see related term pages.


Golden Falcon Acquisition (Golden Falcon Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
850 Library Avenue, Suite 204, Newark, DE, USA, 19711
Golden Falcon Acquisition Corp is a blank check company.
Executives
Falcon Edge Capital, Lp 10 percent owner 667 MADISON AVENUE, 19TH FLOOR, NEW YORK NY 10065
Rick Matthew Gerson 10 percent owner 70 GREENE STREET, APT. PH, NEW YORK NY 10012
Martin Pompadur director
Scott J Freidheim director 1717 ARCH STREET, 35TH FLOOR, PHILADELPHIA PA 19103
Eli Muraidekh director, officer: Chief Financial Officer C/O GOLDEN FALCON ACQUISITION CORP., 850 LIBRARY AVENUE, SUITE 204, NEWARK DE 19711
Basnage De Beauval John M. officer: General Counsel and Secretary C/O GOLDEN FALCON ACQUISITION CORP., 850 LIBRARY AVENUE, SUITE 204, NEWARK DE 19711
Xavier R. Rolet director C/O GOLDEN FALCON ACQUISITION CORP., 850 LIBRARY AVENUE, SUITE 204, NEWARK DE 19711
Mikael Breuer-weil director C/O GOLDEN FALCON ACQUISITION CORP., 850 LIBRARY AVENUE, SUITE 204, NEWARK DE 19711
Dominique D'hinnin director C/O GOLDEN FALCON ACQUISITION CORP., 850 LIBRARY AVENUE, SUITE 204, NEWARK DE 19711
Isabelle Amiel Azoulai director C/O GOLDEN FALCON ACQUISITION CORP., 850 LIBRARY AVENUE, SUITE 204, NEWARK DE 19711
Golden Falcon Sponsor Group, Llc 10 percent owner 850 LIBRARY AVENUE, SUITE 204, NEWARK DE 19711
Makram Azar director, officer: Chief Executive Officer C/O GOLDEN FALCON ACQUISITION CORP., 850 LIBRARY AVENUE, SUITE 204, NEWARK DE 19711

Golden Falcon Acquisition (Golden Falcon Acquisition) Headlines

From GuruFocus