GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Parkervision Inc (OTCPK:PRKR) » Definitions » Operating Income

Parkervision (Parkervision) Operating Income : $10.03 Mil (TTM As of Dec. 2023)


View and export this data going back to 1993. Start your Free Trial

What is Parkervision Operating Income?

Parkervision's Operating Income for the three months ended in Dec. 2023 was $-0.69 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2023 was $10.03 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Parkervision's Operating Income for the three months ended in Dec. 2023 was $-0.69 Mil. Parkervision's Revenue for the three months ended in Dec. 2023 was $0.00 Mil. Therefore, Parkervision's Operating Margin % for the quarter that ended in Dec. 2023 was %.

Parkervision'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. Parkervision's annualized ROC % for the quarter that ended in Dec. 2023 was -113.65%. Parkervision's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was %.


Parkervision Operating Income Historical Data

The historical data trend for Parkervision'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.

Parkervision Operating Income Chart

Parkervision Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Operating Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only -7.94 -10.66 -7.95 -6.86 10.03

Parkervision Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 -1.59 12.87 -1.19 -0.97 -0.69

Parkervision 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 $10.03 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.


Parkervision  (OTCPK:PRKR) Operating Income Explanation

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

Parkervision'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: Sep. 2023 ) + Invested Capital (Q: Dec. 2023 ))/ count )
=-2.76 * ( 1 - 0% )/( (2.31 + 2.547)/ 2 )
=-2.76/2.4285
=-113.65 %

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:

Parkervision'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: Sep. 2023  Q: Dec. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-4.024/( ( (0 + max(-1.257, 0)) + (0 + max(-1.015, 0)) )/ 2 )
=-4.024/( ( 0 + 0 )/ 2 )
=-4.024/0
= %

where Working Capital is:

Working Capital(Q: Sep. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.118) - (1.375 + 0 + 0)
=-1.257

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.095) - (1.11 + 0 + 0)
=-1.015

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 %:

Parkervision'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 )
=-0.69/0
= %

* 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.


Parkervision Operating Income Related Terms

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


Parkervision (Parkervision) Business Description

Traded in Other Exchanges
N/A
Address
4446-1A Hendricks Avenue, Suite 354, Jacksonville, FL, USA, 32207
Parkervision Inc is in the business of innovating fundamental wireless technologies. The company designs, develop, and markets its proprietary radio frequency technologies and products for use in semiconductor circuits for mobile and other wireless applications. It also markets a consumer distributed WiFi product line under the brand name Milo. The company derives revenue from licensing of its intellectual property, settlements from patent infringement disputes, sales of products, and engineering services.
Executives
Titterton Lewis H Jr director 6 AUTUMN LANE, SARATOGA SPRINGS NY 12866
Sanford M Litvack director C/O HEWLETT-PACKARD COMPANY, 3000 HANOVER, PALO ALTO CA 94304
Cynthia Poehlman officer: Chief Financial Officer 8493 BAYMEADOWS WAY, JACKSONVILLE FL 32256
Paul A Rosenbaum director 2945 NW LURAY TERRACE, PORTLAND OR 97210
Frank N Newman director 980 FIFTH AVENUE, 3B, NEW YORK NY 10075
Jeffrey Parker director, 10 percent owner, officer: Chief Executive Officer 8493 BAYMEADOWS WAY, JACKSONVILLE FL 32256
Gregory S Rawlins officer: CTO (Heathrow) 3024 KINGFISHER PT, CHULUOTA FL 32766
Marxe Austin W & Greenhouse David M 10 percent owner C/O SPECIAL SITUATIONS FUNDS, 527 MADISON AVENUE, SUITE 2600, NEW YORK NY 10022
David Freelove 10 percent owner ONE GRAND CENTRAL PLACE, 60 EAST 42ND ST, SUITE 450, NEW YORK NY 10165
Del Mar Asset Management, Lp 10 percent owner ONE GRAND CENTRAL PLACE, 60 EAST 42ND ST, SUITE 5230, NEW YORK NY 10165
Del Mar Master Fund, Ltd. 10 percent owner ONE GRAND CENTRAL PLACE, 60 EAST 42ND ST, SUITE 450, NEW YORK NY 10165
Del Mar Management, Llc 10 percent owner ONE GRAND CENTRAL PLACE, 60 EAST 42ND ST, SUITE 450, NEW YORK NY 10165
John Stuckey officer: Executive Vice President 7915 BAYMEADOWS WAY, SUITE 400, JACKSONVILLE FL 32256
Robert Greene Sterne director 2907 TAI DR, OAKTON VA 22124
Richard A Kashnow director 313 CONSTITUTION DR, STE 100, MENLO PARK CA 94025