BackBite Acquisition Overview

Bite Acquisition Net Income

Bite Acquisition's net income is $-260K, below the sector sector average of $100M.

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Quarterly Net Income

-$24036.00
96.79% YoY

As of Mar 2024

Annual Net Income (TTM)

-$263855.00
155.38% YoY

Trailing 12 months ending Mar 2024

Average Net Income (Comparison Companies)

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Net Income History

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Net Income Comparison

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Annual Net Income Growth Rate (%)

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Annual Net Income Growth (Absolute)

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Bite Acquisition (BITE) FAQ

The latest net income for BITE is $-260K as of March 2024. That compares with $480K in the prior-year period — down 155.4% year over year. That is below the sector sector average of $100M. Investors often review this figure alongside Bite Acquisition's historical trend and sector peers before judging valuation or financial health.

Over the past year, BITE's net income moved from $480K to $-260K — a 155.4% year-over-year decrease. If the trend continues in the same direction for several quarters, it can signal a meaningful shift in Bite Acquisition's operating scale or balance-sheet position.

Against its sector companies, BITE currently prints $-260K for net income, while the sector average sits near $100M. That is roughly 100.3% below the sector mean. Large gaps often invite a closer look at Bite Acquisition's growth, margins, and balance sheet.

A net income figure of $-260K for BITE is a snapshot of scale on that line item. On its own it does not say whether the business is healthy — you also want growth rate, margins, and how the number compares with similar companies. The sector average is about $100M. Explore the charts below for those layers of context.

After noting BITE's net income ($-260K), review year-over-year change from $480K, peer averages, and a few neighboring metrics such as revenue, margins, or valuation multiples. That combination usually beats staring at a single figure. The navigation links on this page jump you to those related views.