Moringa Acquisition Net Income

Moringa Acquisition posts a net income of $-48K as of June 2024. That compares with $3.5M in the prior-year period — down 101.4% year over year. 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.

In the prior comparable period, Moringa Acquisition's net income was $3.5M. The latest reading is $-48K — a 101.4% year-over-year decrease (period ending June 2024). Use the history and growth charts on this page for a longer lookback.

For its sector stocks, a net income near $96M is typical. Moringa Acquisition's $-48K is lower that level. That is roughly 100.0% 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 Moringa Acquisition's financial statement story. At $-48K, 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 MACA'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; Moringa Acquisition's other metric pages and overview cover the third.