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Cuentas (Cuentas) Operating Income : $-5.57 Mil (TTM As of Mar. 2024)


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What is Cuentas Operating Income?

Cuentas's Operating Income for the three months ended in Mar. 2024 was $-0.84 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2024 was $-5.57 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Cuentas's Operating Income for the three months ended in Mar. 2024 was $-0.84 Mil. Cuentas's Revenue for the three months ended in Mar. 2024 was $0.64 Mil. Therefore, Cuentas's Operating Margin % for the quarter that ended in Mar. 2024 was -131.92%.

Warning Sign:

Cuentas Inc operating margin has been in a 5-year decline. The average rate of decline per year is -87.9%.

Cuentas's 5-Year average Growth Rate for Operating Margin % was -87.90% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Cuentas's annualized ROC % for the quarter that ended in Mar. 2024 was -79.23%. Cuentas's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -14,400.00%.


Cuentas Operating Income Historical Data

The historical data trend for Cuentas'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.

Cuentas Operating Income Chart

Cuentas Annual Data
Trend Sep14 Sep15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Operating Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.15 -7.78 -10.67 -10.76 -6.11

Cuentas Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -1.39 -0.89 -1.18 -2.65 -0.84

Cuentas 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-5.57 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.


Cuentas  (OTCPK:CUEN) Operating Income Explanation

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

Cuentas's annualized ROC % for the quarter that ended in Mar. 2024 is calculated as:

ROC % (Q: Mar. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2023 ) + Invested Capital (Q: Mar. 2024 ))/ count )
=-3.372 * ( 1 - 0% )/( (3.922 + 4.59)/ 2 )
=-3.372/4.256
=-79.23 %

where

Note: The Operating Income data used here is four times the quarterly (Mar. 2024) data.

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

Cuentas's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2023  Q: Mar. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-1.728/( ( (0.013 + max(-3.28, 0)) + (0.011 + max(-3.257, 0)) )/ 2 )
=-1.728/( ( 0.013 + 0.011 )/ 2 )
=-1.728/0.012
=-14,400.00 %

where Working Capital is:

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1.307 + 0 + 0.076) - (3.727 + 0.151 + 0.785)
=-3.28

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.29 + 0 + 0.0049999999999999) - (2.107 + 0.139 + 1.306)
=-3.257

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2024) EBIT data.

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

Cuentas's Operating Margin % for the quarter that ended in Mar. 2024 is calculated as:

Operating Margin %=Operating Income (Q: Mar. 2024 )/Revenue (Q: Mar. 2024 )
=-0.843/0.639
=-131.92 %

* 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.


Cuentas Operating Income Related Terms

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


Cuentas (Cuentas) Business Description

Traded in Other Exchanges
N/A
Address
235 Lincoln Road, Suite 210, Miami Beach, FL, USA, 33139
Cuentas Inc is a FinTech e-banking and e-commerce service provider with proprietary technology aimed at providing solutions for the underbanked and un-banked Hispanic and Latino population. The company operates in two segments: Telecommunications and General Purpose Reloadable Cards. Its services include mobile banking, online banking, prepaid debit, ACH and mobile deposits, cash remittance, peer-to-peer money transferring, and providing access to bank accounts for customers who previously could not obtain bank accounts. The proprietary Cuentas General Purpose Reloadable (GPR) Card provides holders with a digital wallet, discounts for purchases at major physical and online retailers, rewards, and the ability to purchase digital content.
Executives
Arik Maimon officer: CEO 1111 BRICKELL AVENUE, SUITE 2200, MIAMI FL 33131
Jeffery D. Johnson officer: Chief Executive Officer 235 LINCOLN RD., SUITE 210, MIAMI BEACH FL 33139
Cima Telecom, Inc. 10 percent owner 1728 CORAL WAY, 6TH FLOOR, MIAMI FL 33145
Yochanon Bruk director 1898 NW 74TH AVE, PEMBROKE PINES FL 33024
Richard J Berman director 305 COLLEGE ROAD EAST, PRINCETON NJ 08540
Adiv Baruch director 9 SHAUL AVIGUR ST., TEL AVIV L3 69379
Ran Daniel officer: Chief Financial Officer 101 WEST 90TH STREET, NEW YORK NY 10024
Heritage Ventures Ltd 10 percent owner SUITE 31 THE MALL, BEACON COURT, SANDYFORD, DUBLIN 18 L2 D18 R8Y7
Harrison Vargas 10 percent owner 10007 VESTAL PLACE, CORAL SPRINGS FL 33071
De Prado Michael A. officer: President & COO 1111 BRICKELL AVENUE, SUITE 2200, MIAMI FL 33131
Robert Rico other: Resigned officer and director 4775 COLLINS AVE # 4205, MIAMI BEACH NJ 33140
Calvin Lewis other: Resigned officer and director 4779 COLLINS AVE, 1907, MIAMI BEACH FL 33140
Lisa Bischof director, officer: Treasurer 6980 SOUTH EDGERTON ROAD, BRECKSVILLE OH 44141
D Bruce Veness director, officer: Corporate Secretary 6980 SOUTH EDGERTON ROAD, BREAKSVILLE OH 44141
John L Bianco director, 10 percent owner, officer: CEO/President 6980 SOUTH EDGERTON ROAD, BRECKSVILLE OH 44141

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