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InterPrivate III Financial Partners (InterPrivate III Financial Partners) Net Income : $-1.08 Mil (TTM As of Sep. 2023)


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What is InterPrivate III Financial Partners 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. InterPrivate III Financial Partners's Net Income for the three months ended in Sep. 2023 was $-0.21 Mil. Its Net Income for the trailing twelve months (TTM) ended in Sep. 2023 was $-1.08 Mil.

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


InterPrivate III Financial Partners Net Income Historical Data

The historical data trend for InterPrivate III Financial Partners'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.

InterPrivate III Financial Partners Net Income Chart

InterPrivate III Financial Partners Annual Data
Trend Dec21 Dec22
Net Income
-1.11 7.89

InterPrivate III Financial Partners Quarterly Data
Jan21 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 8.17 0.85 -0.99 -0.72 -0.21

InterPrivate III Financial Partners 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

InterPrivate III Financial Partners'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
=10.717+-2.824+0+-0.0010000000000003
=7.89

InterPrivate III Financial Partners'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
=-0.921+0.707+0+0.0010000000000001
=-0.21

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 $-1.08 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.


InterPrivate III Financial Partners  (AMEX:IPVF.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:

InterPrivate III Financial Partners'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.


InterPrivate III Financial Partners Net Income Related Terms

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InterPrivate III Financial Partners (InterPrivate III Financial Partners) Business Description

Traded in Other Exchanges
N/A
Address
1350 Avenue of the Americas, 2nd Floor, New York, NY, USA, 10019
InterPrivate III Financial Partners Inc is a blank check company formed for the purpose of entering into a merger, capital stock exchange, asset acquisition, stock purchase, recapitalization, reorganization or other similar business combination with one or more target businesses.
Executives
Richard A Mcginn director 1350 AVENUE OF THE AMERICAS, NEW YORK NY 10019
John B Mccoy director 208 S. AKARD ST., --, DALLAS TX 75202
Howard H Newman director C/O PINE BROOK ROAD PARTNERS, LLC, 60 EAST 42ND STREET, SUITE 3014, NEW YORK NY 10165
Ahmed M Fattouh 10 percent owner, officer: Chairman and CEO C/O INTERPRIVATE ACQUISITION CORP., 1350 AVENUE OF THE AMERICAS, NEW YORK NY 10019
Brandon C Bentley officer: General Counsel C/O INTERPRIVATE ACQUISITION CORP., 1350 AVENUE OF THE AMERICAS, NEW YORK NY 10019
Minesh K Patel officer: Vice President C/O INTERPRIVATE ACQUISITION CORP., 1350 AVENUE OF THE AMERICAS, NEW YORK NY 10019
Sunil Aruna Kappagoda director, officer: Vice Chairman 88 WEST PLUMERIA DRIVE, SAN JOSE CA 95134
Interprivate Acquisition Management Iii, Llc 10 percent owner, other: Director by Deputization 1350 AVENUE OF THE AMERICAS, NEW YORK NY 10019
Nicholaos Krenteras director, officer: President 1350 AVENUE OF THE AMERICAS, NEW YORK NY 10019
Gordy Holterman director 1350 AVENUE OF THE AMERICAS, NEW YORK NY 10019

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