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PCS Edventures!.com (PCS Edventures!.com) Operating Income : $-0.44 Mil (TTM As of Dec. 2023)


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What is PCS Edventures!.com Operating Income?

PCS Edventures!.com's Operating Income for the three months ended in Dec. 2023 was $-0.44 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2023 was $-0.44 Mil.

Warning Sign:

PCS Edventures!.com Inc had lost money in 67% of the time over the past 12quarters.

Operating Margin % is calculated as Operating Income divided by its Revenue. PCS Edventures!.com's Operating Income for the three months ended in Dec. 2023 was $-0.44 Mil. PCS Edventures!.com's Revenue for the three months ended in Dec. 2023 was $0.46 Mil. Therefore, PCS Edventures!.com's Operating Margin % for the quarter that ended in Dec. 2023 was -95.21%.

Good Sign:

PCS Edventures!.com Inc operating margin is expanding. Margin expansion is usually a good sign.

PCS Edventures!.com's 5-Year average Growth Rate for Operating Margin % was 36.90% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. PCS Edventures!.com's annualized ROC % for the quarter that ended in Dec. 2023 was -45.64%. PCS Edventures!.com's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -64.38%.


PCS Edventures!.com Operating Income Historical Data

The historical data trend for PCS Edventures!.com'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.

PCS Edventures!.com Operating Income Chart

PCS Edventures!.com Annual Data
Trend Mar07 Mar08 Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16
Operating Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.35 -0.31 -0.75 -0.90 -0.17

PCS Edventures!.com Quarterly Data
Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Dec22 Dec23
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 -0.36 -0.66 -0.57 0.61 -0.44

PCS Edventures!.com 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.44 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.


PCS Edventures!.com  (OTCPK:PCSV) Operating Income Explanation

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

PCS Edventures!.com's annualized ROC % for the quarter that ended in Dec. 2023 is calculated as:

ROC % (Q: Dec. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2022 ) + Invested Capital (Q: Dec. 2023 ))/ count )
=-1.748 * ( 1 - 0% )/( (0 + 3.83)/ 1 )
=-1.748/3.83
=-45.64 %

where

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

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

PCS Edventures!.com's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2022  Q: Dec. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-1.748/( ( (0 + max(0, 0)) + (0.341 + max(2.374, 0)) )/ 1 )
=-1.748/( ( 0 + 2.715 )/ 1 )
=-1.748/2.715
=-64.38 %

where Working Capital is:

Working Capital(Q: Dec. 2022 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0) - (0 + 0 + 0)
=0

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.149 + 1.794 + 0.955) - (0.473 + 0.051 + 0)
=2.374

When net working capital is negative, 0 is used.

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

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

PCS Edventures!.com's Operating Margin % for the quarter that ended in Dec. 2023 is calculated as:

Operating Margin %=Operating Income (Q: Dec. 2023 )/Revenue (Q: Dec. 2023 )
=-0.437/0.459
=-95.21 %

* 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.


PCS Edventures!.com Operating Income Related Terms

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PCS Edventures!.com (PCS Edventures!.com) Business Description

Traded in Other Exchanges
N/A
Address
11915 W. Executive Drive, Suite 101, Boise, ID, USA, 83713
PCS Edventures!.com Inc develops and markets educational programs. It specializes in experiential, hands-on, K12 education and drone technology. The company's key products include science, technology, engineering, and math products, EdventuresLab products and services, and Thrust UAV. It serves an afterschool market, elementary classrooms, technical education, parents and home educators. The company also has a presence in Australia, India, Egypt, Saudi Arabia, Pakistan, and Mexico.
Executives
Paula Lupriore director 200 FLYNN ROAD, CAMARILLO CA 93012
Britt E Ide director 345 BOBWHITE COURT, SUITE 200, BOISE ID 83706