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Special Opportunities Fund (Special Opportunities Fund) Net Income : $26.84 Mil (TTM As of Dec. 2023)


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What is Special Opportunities Fund 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. Special Opportunities Fund's Net Income for the six months ended in Dec. 2023 was $14.48 Mil. Its Net Income for the trailing twelve months (TTM) ended in Dec. 2023 was $26.84 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Special Opportunities Fund's Earnings per Share (Diluted) for the six months ended in Dec. 2023 was $1.24.


Special Opportunities Fund Net Income Historical Data

The historical data trend for Special Opportunities Fund'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.

Special Opportunities Fund Net Income Chart

Special Opportunities Fund Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Income
Get a 7-Day Free Trial 29.23 12.16 40.78 -24.66 26.84

Special Opportunities Fund Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Net Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 10.87 -25.94 1.28 12.36 14.48

Special Opportunities Fund 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

Special Opportunities Fund'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
=26.659+0+0+0.179
=26.84

Special Opportunities Fund'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
=14.303+0+0+0.179
=14.48

Net Income for the trailing twelve months (TTM) ended in Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $26.84 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.


Special Opportunities Fund  (NYSE:SPE) 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:

Special Opportunities Fund'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.


Special Opportunities Fund Net Income Related Terms

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Special Opportunities Fund (Special Opportunities Fund) Business Description

Traded in Other Exchanges
N/A
Address
615 East Michigan Street, Milwaukee, WI, USA, 53202
Special Opportunities Fund Inc is the United States based closed-end diversified management investment company. Its investment objective is to have the total return. The company's investment portfolio consists of investment companies, common stocks, money market funds, commodity partnerships, preferred stocks, convertible bonds, liquidating trusts, promissory notes, senior unsecured notes, warrants, rights, corporate notes and corporate bonds. In addition, it also makes investments in construction materials, consumer finance, healthcare equipment and supplies, independent power and renewable electricity producers, insurance, personal products, professional services and real estate investment trusts.
Executives
Phillip Goldstein director, officer: Chairman and Secretary 60 HERITAGE DRIVE, PLEASANTVILLE NY 10570
Gerald Hellerman director, officer: CCO 5431 NW 21ST AVE., BOCA RATON FL 33496
Rajeev P Das officer: Vice President 250 PEHLE AVE., SUITE 708, SADDLE BROOK NJ 07663
Charles C Walden director C/O INSURED MUNICIPAL INCOME FUND INC., 615 EAST MICHIGAN STREET, MILWAUKEE WI 53202
Marc Lunder director C/O SPECIAL OPPORTUNITIES FUND, INC., 615 EAST MICHIGAN STREET, MILWAUKEE WI 53202
Ben H Harris director C/O US BANCORP FUND SERVICES, 777 EAST WISCONSIN AVE., MILWAUKEE WI 53202
Andrew Dakos director, officer: President 250 PEHLE AVE., SUITE 708, SADDLE BROOK NJ 07663
Steven Samuels other: Investment Adviser Principal 72 COLEYTOWN ROAD, WESTPORT CT 06882
Stephanie Darling other: Officer of the Inv. Adviser 250 PEHLE AVE., SUITE 708, SADDLE BROOK NJ 07663
James M Chadwick director C/O IMPERIAL HOLDINGS, INC., 701 PARK OF COMMERCE BLVD., #301, BOCA RATON FL 33487
Relative Value Partners, Llc 10 percent owner 1033 SKOKIE BOULEVARD, SUITE 470, NORTHBROOK IL 60062
Karpus Management, Inc. 10 percent owner 183 SULLY'S TRAIL, PITTSFORD NY 14534
Investors Bulldog 10 percent owner PARK 80 WEST PLAZA TWO, SUITE 750, SADDLE BROOK NJ 07663
Full Value Advisors Llc 10 percent owner PARK 80 WEST, 250 PEHLE AVE., SUITE 708, SADDLE BROOK NJ 07663
Ag Ubs 10 percent owner 600 WASHINGTON BLVD., STAMFORD CT 06901