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OpenLocker Holdings (OpenLocker Holdings) Operating Income : $-1.81 Mil (TTM As of Jan. 2024)


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What is OpenLocker Holdings Operating Income?

OpenLocker Holdings's Operating Income for the three months ended in Jan. 2024 was $-0.12 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Jan. 2024 was $-1.81 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. OpenLocker Holdings's Operating Income for the three months ended in Jan. 2024 was $-0.12 Mil. OpenLocker Holdings's Revenue for the three months ended in Jan. 2024 was $0.01 Mil. Therefore, OpenLocker Holdings's Operating Margin % for the quarter that ended in Jan. 2024 was -1,525.00%.

OpenLocker Holdings'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. OpenLocker Holdings's annualized ROC % for the quarter that ended in Jan. 2024 was -192.89%. OpenLocker Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jan. 2024 was %.


OpenLocker Holdings Operating Income Historical Data

The historical data trend for OpenLocker Holdings'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.

OpenLocker Holdings Operating Income Chart

OpenLocker Holdings Annual Data
Trend Dec19 Dec20 Jul22 Jul23
Operating Income
- - -2.49 -2.55

OpenLocker Holdings Quarterly Data
Dec19 Dec20 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Operating Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.76 -0.64 -0.59 -0.47 -0.12

OpenLocker Holdings 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 Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-1.81 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.


OpenLocker Holdings  (OTCPK:OLKR) Operating Income Explanation

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

OpenLocker Holdings's annualized ROC % for the quarter that ended in Jan. 2024 is calculated as:

ROC % (Q: Jan. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Oct. 2023 ) + Invested Capital (Q: Jan. 2024 ))/ count )
=-0.488 * ( 1 - 0% )/( (0.236 + 0.27)/ 2 )
=-0.488/0.253
=-192.89 %

where

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

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

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

ROC (Joel Greenblatt) %(Q: Jan. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Oct. 2023  Q: Jan. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-0.488/( ( (0 + max(-0.106, 0)) + (0 + max(-0.137, 0)) )/ 2 )
=-0.488/( ( 0 + 0 )/ 2 )
=-0.488/0
= %

where Working Capital is:

Working Capital(Q: Oct. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0) - (0.102 + 0.004 + 0)
=-0.106

Working Capital(Q: Jan. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.005 + 0 + 0) - (0.138 + 0.005 + -0.001)
=-0.137

When net working capital is negative, 0 is used.

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

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

OpenLocker Holdings's Operating Margin % for the quarter that ended in Jan. 2024 is calculated as:

Operating Margin %=Operating Income (Q: Jan. 2024 )/Revenue (Q: Jan. 2024 )
=-0.122/0.008
=-1,525.00 %

* 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.


OpenLocker Holdings Operating Income Related Terms

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OpenLocker Holdings (OpenLocker Holdings) Business Description

Traded in Other Exchanges
N/A
Address
1700 Palm Beach Lakes Boulevard, Suite 820, West Palm Beach, FL, USA, 33401
OpenLocker Holdings Inc connects the digital and the physical worlds by offering real-world utility and a physical token of ownership to fans who purchase a digital collectible on its Web3 platform. It offers a FanTech platform for athletes and brands to redefine and unlock value for their fans and audience. It builds and engaged communities and opens doors to Name, Image, and Likeness (NIL) revenue opportunities for student-athletes that previously did not exist. Its portfolio consists of Bone Yard Huskyz Ckub, Gataverse, Open Stable, and Others.
Executives
Abby Eileen Klatsky 10 percent owner 12 WINSOR PLACE, GLEN RIDGE NJ 07028
Brendan John O'brien 10 percent owner 575 JERICHO TURNPIKE, SUITE 307, JERICHO NY 11753
Brian Lance Klatsky director, officer: President, OpenLocker Inc. 320 BROAD STREET, RED BANK NJ 07701
Lauren Blair Klatsky officer: COO of OpenLocker Inc. 320 BROAD STREET, RED BANK NJ 07701
Laura E Anthony director, 10 percent owner, officer: President LAURA ANTHONY, 120 S. OLIVE AVE, WEST PALM BEACH FL 33401
Howard Gostfrand director, 10 percent owner, officer: Chief Executive Officer 625 N. FLAGLER DRIVE, SUITE 600, WEST PALM BEACH FL 33401
Meir Wexler director, officer: Chief Investment Officer 2123 DUNWOODY GLN, DUNWOODY GA 30338
Aleksandr Rubin director, officer: CEO, PFO, PAO 400 SUNNY ISLES BLVD, APT 1019, NORTH MIAMI FL 33160
Balance Labs, Inc. 10 percent owner 407 LINCOLN ROAD, SUITE 701, MIAMI BEACH FL 33139
Jason Lyons 10 percent owner 612 HOWARD STREET, SAN FRANCISCO CA 94549
Mikael Lundgren officer: President 9440 SANTA MONICA BLVD., SUITE 301, BEVERLY HILLS CA 90210
Mid Atlantic Capital Associates Inc. officer: President 9440 SANTA MONICA BLVD., SUITE 301, BEVERLY HILLS CA 90210
Wayne A Root director, 10 percent owner 5092 SOUTH JONES BOULEVARD, LAS VEGAS NV 89118
Douglas R Miller director, officer: President and COO 5092 SOUTH JONES BOULEVARD, LAS VEGAS NV 89118
Roger Lee Harrison director 8455 BEVERLY BLVD, STE 407, WEST HOLLYWOOD CA 90048

OpenLocker Holdings (OpenLocker Holdings) Headlines

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