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GigCapital5 (GigCapital5) Net Income : $-4.83 Mil (TTM As of Sep. 2023)


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What is GigCapital5 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. GigCapital5's Net Income for the three months ended in Sep. 2023 was $-0.56 Mil. Its Net Income for the trailing twelve months (TTM) ended in Sep. 2023 was $-4.83 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. GigCapital5's Earnings per Share (Diluted) for the three months ended in Sep. 2023 was $-0.09.


GigCapital5 Net Income Historical Data

The historical data trend for GigCapital5'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.

GigCapital5 Net Income Chart

GigCapital5 Annual Data
Trend Dec21 Dec22
Net Income
-1.11 -2.77

GigCapital5 Quarterly Data
Feb21 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 -0.40 -1.37 -1.47 -1.42 -0.56

GigCapital5 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

GigCapital5'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
=-2.288+-0.487+0+0.00099999999999989
=-2.77

GigCapital5'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
=-0.439+-0.125+0+1.1102230246252E-16
=-0.56

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 $-4.83 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.


GigCapital5  (NAS:GIA) 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:

GigCapital5'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.


GigCapital5 Net Income Related Terms

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GigCapital5 (GigCapital5) Business Description

Traded in Other Exchanges
N/A
Address
1731 Embarcadero Road, Suite 200, Palo Alto, CA, USA, 94303
GigCapital5 Inc is a blank check company.
Executives
Polar Asset Management Partners Inc. 10 percent owner 16 YORK STREET SUITE 2900, TORONTO A6 M5J 0E6
Sharmila Makhija director 1731 EMBARCADERO ROAD, SUITE 200, PALO ALTO CA 94303
Dorothy D Hayes director P.O. BOX 7850, ., MOUNTAIN VIEW CA 94039-7850
Neil Miotto director, 10 percent owner 2146 HARKINS AVE, MENLO PARK CA 94025
Avi S Katz director, 10 percent owner, officer: Executive Chairman C/O GIGCAPITAL, INC., 3000 EL CAMINO REAL, BLDG 4, SUITE 232, PALO ALTO CA 94306
Walter Bradford Weightman officer: Treasurer and CFO C/O GIGCAPITAL2, INC., 2479 E. BAYSHORE RD, SUITE 200, PALO ALTO CA 94303
Raluca Dinu director, 10 percent owner, officer: President, CEO and Secretary C/O GIGCAPITAL2, INC., 2479 E. BAYSHORE RD., SUITE 200, PALO ALTO CA 94303
Raanan Horowitz director C/O GIGCAPITAL5, INC., 1731 EMBARCADERO RD., SUITE 200, PALO ALTO CA 94303
Gigacquisitions5, Llc 10 percent owner 1731 EMBARCADERO ROAD SUITE 200, PALO ALTO CA 94303

GigCapital5 (GigCapital5) Headlines

From GuruFocus

Dr. Sharmila Makhija Joins GigCapital5 Board of Directors

By Business Wire Business Wire 01-05-2022