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CalAmp (CalAmp) Operating Income : $-13.8 Mil (TTM As of Nov. 2023)


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What is CalAmp Operating Income?

CalAmp's Operating Income for the three months ended in Nov. 2023 was $-6.6 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Nov. 2023 was $-13.8 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. CalAmp's Operating Income for the three months ended in Nov. 2023 was $-6.6 Mil. CalAmp's Revenue for the three months ended in Nov. 2023 was $53.6 Mil. Therefore, CalAmp's Operating Margin % for the quarter that ended in Nov. 2023 was -12.29%.

CalAmp's 5-Year average Growth Rate for Operating Margin % was 0.00% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. CalAmp's annualized ROC % for the quarter that ended in Nov. 2023 was -11.55%. CalAmp's annualized ROC (Joel Greenblatt) % for the quarter that ended in Nov. 2023 was -449.94%.


CalAmp Operating Income Historical Data

The historical data trend for CalAmp's Operating 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.

CalAmp Operating Income Chart

CalAmp Annual Data
Trend Feb14 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23
Operating Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 35.78 -4.23 -3.47 -12.87 -20.10

CalAmp Quarterly Data
Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23
Operating Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -3.85 -1.58 -2.38 -3.22 -6.59

CalAmp Operating Income Calculation

Operating Income, is the profit a company earned through operations. All expenses, including cash expenses such as cost of goods sold (COGS), research & development, wages, and non-cash expenses, such as depreciation, depletion and amortization, have been deducted from the sales.

Operating Income for the trailing twelve months (TTM) ended in Nov. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-13.8 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.


CalAmp  (NAS:CAMP) Operating Income Explanation

1. Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

CalAmp's annualized ROC % for the quarter that ended in Nov. 2023 is calculated as:

ROC % (Q: Nov. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Aug. 2023 ) + Invested Capital (Q: Nov. 2023 ))/ count )
=-26.364 * ( 1 - -0.04% )/( (270.553 + 186.265)/ 2 )
=-26.3745456/228.409
=-11.55 %

where

Note: The Operating Income data used here is four times the quarterly (Nov. 2023) data.

2. Joel Greenblatt's definition of Return on Capital:

CalAmp's annualized ROC (Joel Greenblatt) % for the quarter that ended in Nov. 2023 is calculated as:

ROC (Joel Greenblatt) %(Q: Nov. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Aug. 2023  Q: Nov. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-334.224/( ( (39.921 + max(36.905, 0)) + (35.892 + max(35.847, 0)) )/ 2 )
=-334.224/( ( 76.826 + 71.739 )/ 2 )
=-334.224/74.2825
=-449.94 %

where Working Capital is:

Working Capital(Q: Aug. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(71.385 + 29.822 + 26.617) - (54.803 + 29.005 + 7.111)
=36.905

Working Capital(Q: Nov. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(70.909 + 34.059 + 25.824) - (56.807 + 30.29 + 7.848)
=35.847

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Nov. 2023) EBIT data.

3. Operating Income is also linked to Operating Margin %:

CalAmp's Operating Margin % for the quarter that ended in Nov. 2023 is calculated as:

Operating Margin %=Operating Income (Q: Nov. 2023 )/Revenue (Q: Nov. 2023 )
=-6.591/53.625
=-12.29 %

* 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.

4. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Operating Income growth rate using Operating Income per share data.


Be Aware

Compared with a company's EBITDA margin, Operating Margin can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).

If a company is facing competition, its Operating Margin may decline. Often the Operating Margin declines well before the company's revenue or even profit decline. Therefore, Operating Margin is a very important indicator of whether the company is facing problems.

For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia's Operating Margin had already been in decline since 2002, although its earnings per share were still rising. Investors who paid attention to Operating Margin would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).

Therefore, Operating Margin is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.


CalAmp Operating Income Related Terms

Thank you for viewing the detailed overview of CalAmp's Operating Income provided by GuruFocus.com. Please click on the following links to see related term pages.


CalAmp (CalAmp) Business Description

Traded in Other Exchanges
Address
15635 Alton Parkway, Suite 250, Irvine, CA, USA, 92618
CalAmp Corp provides wireless communications solutions applications to customers. The company's products, software, and application services are sold into a broad array of market verticals, including transportation, government, construction, and automotive to customers in the United States; Latin America; Europe the Middle East, and Africa; Asia-Pacific; and others. Its business activities are organized into its Telematics Systems and Software & Subscription Services. The Telematics Systems segment offers a series of Mobile Resource Management ('MRM') telematics products and applications. The software & Subscription Services segment offers cloud-based application enablement and telematics service platforms.
Executives
Wes Cummins director 4505 LORRAINE AVE, DALLAS TX 75205
Jikun Kim officer: Chief Financial Officer 181 W. HUNTINGTON DRIVE, SUITE 202, MONROVIA CA 91016
Jeffery R Gardner director ONE ALLIED DRIVE, LITTLE ROCK AR 72202
Xiaolian Zhang officer: SVP, CFO (interim) C/O CALAMP CORP., 15635 ALTON PARKWAY, SUITE 250, IRVINE CA 92618
Erik Schulz officer: Chief Acctg Officer (interim) C/O CALAMP CORP., 15635 ALTON PARKWAY, SUITE 250, IRVINE CA 92618
272 Capital Lp director, other: See Remarks 3811 TURTLE CREEK BLVD, SUITE 2100, DALLAS TX 75219
Brennen Carson officer: Chief Revenue Officer C/O CALAMP CORP., 15635 ALTON PARKWAY, SUITE 250, IRVINE CA 92618
Berkel Monica Van officer: Chief People Officer 10420 RESEARCH ROAD, SE, ALBUQUERQUE NM 87123
Richard M. Scott officer: Chief Legal Officer, Secretary C/O CALAMP CORP., 15635 ALTON PARKWAY, SUITE 250, IRVINE CA 92618
Jeffrey P. Clark officer: Chief Product Officer C/O CALAMP CORP., 15635 ALTON PARKWAY, SUITE 250, IRVINE CA 92618
Nathan Lowstuter officer: Chief Supply Chain Officer C/O CALAMP CORP., 15635 ALTON PARKWAY, SUITE 250, IRVINE CA 92618
Kurtis Joseph Binder officer: Executive VP & CFO C/O VIZIO HOLDINGS, INC., 39 TESLA, IRVINE CA 92618
Henry J Maier director 1000 FEDEX DRIVE, MOON TOWNSHIP PA 15108
Kirsten O. Wolberg director 900 NORTH MCCARTHY BLVD, MILPITAS CA 95035
Amal M Johnson director C/O MELLANOX TECHNOLOGIES, INC., 350 OAKMEAD PARKWAY, SUITE 100, SUNNYVALE CA 94085