Latest net income for AFAC: $26M, below the sector sector average of $96M.
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+ FollowAs of Sep 2022
Trailing 12 months ending Sep 2022
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Arena Fortify Acquisition posts a net income of $26M as of September 2022. That is below the sector sector average of $96M. Comparing that reading with peers and prior periods is usually more useful than looking at the number in isolation.
For its sector stocks, a net income near $96M is typical. Arena Fortify Acquisition's $26M is lower that level. That is roughly 72.8% below the sector mean. Whether that is a warning or an opportunity depends on growth outlook and other fundamentals shown elsewhere on Stockcircle.
Net Income is one piece of Arena Fortify Acquisition's financial statement story. At $26M, it should be interpreted next to related metrics — for example revenue with costs, assets with liabilities, or income with margins. Stockcircle links those related pages so you can move from this number to the surrounding context quickly.
Context for AFAC's net income usually means three checks: (1) trend versus prior periods, (2) level versus peers (average $96M), and (3) consistency with growth and profitability. This page covers the first two; Arena Fortify Acquisition's other metric pages and overview cover the third.