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SoundThinking (SoundThinking) Operating Income : $-7.73 Mil (TTM As of Mar. 2024)


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What is SoundThinking Operating Income?

SoundThinking's Operating Income for the three months ended in Mar. 2024 was $-2.62 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2024 was $-7.73 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. SoundThinking's Operating Income for the three months ended in Mar. 2024 was $-2.62 Mil. SoundThinking's Revenue for the three months ended in Mar. 2024 was $25.41 Mil. Therefore, SoundThinking's Operating Margin % for the quarter that ended in Mar. 2024 was -10.29%.

SoundThinking'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. SoundThinking's annualized ROC % for the quarter that ended in Mar. 2024 was -7.01%. SoundThinking's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -44.65%.


SoundThinking Operating Income Historical Data

The historical data trend for SoundThinking'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.

SoundThinking Operating Income Chart

SoundThinking Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Operating Income
Get a 7-Day Free Trial Premium Member Only 1.60 1.29 -2.74 -1.41 -6.93

SoundThinking 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 -1.81 -3.35 -1.40 -0.36 -2.62

SoundThinking 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 $-7.73 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.


SoundThinking  (NAS:SSTI) Operating Income Explanation

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

SoundThinking'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 )
=-10.46 * ( 1 - -4.08% )/( (154.554 + 155.961)/ 2 )
=-10.886768/155.2575
=-7.01 %

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:

SoundThinking'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 )
=-10.46/( ( (23.343 + max(-23.377, 0)) + (23.507 + max(-23.729, 0)) )/ 2 )
=-10.46/( ( 23.343 + 23.507 )/ 2 )
=-10.46/23.425
=-44.65 %

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)
=(24.574 + 0 + 3.902) - (3.666 + 41.265 + 6.922)
=-23.377

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(25.961 + 0 + 3.507) - (2.957 + 44.817 + 5.423)
=-23.729

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 %:

SoundThinking'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 )
=-2.615/25.41
=-10.29 %

* 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.


SoundThinking Operating Income Related Terms

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SoundThinking (SoundThinking) Business Description

Traded in Other Exchanges
Address
39300 Civic Center Drive, Suite 300, Fremont, CA, USA, 94538
SoundThinking Inc is a public safety technology company that combines transformative solutions and strategic advisory services for law enforcement and civic leadership. Its flagship SafetySmart platform includes ShotSpotter, the acoustic gunshot detection system, CrimeTracer, the foremost law enforcement search engine, CaseBuilder, a one-stop investigation management system, and ResourceRouter, software that directs patrol and community anti-violence resources to help maximize their impact.
Executives
Gary T Bunyard officer: Sr. VP Public Safety Solutions 14775 GOLD LEAF COURT, DRAPER UT 84020
Nasim Golzadeh officer: SVP Customer Support C/O SHOTSPOTTER, INC., 7979 GATEWAY BLVD., SUITE 210, NEWARK CA 94560
Ralph A. Clark director, officer: President and CEO C/O SHOTSPOTTER, INC., 7979 GATEWAY BLVD., STE. 210, NEWARK CA 94560
Deborah A. Elam director C/O SHOTSPOTTER, INC., 7979 GATEWAY BLVD., STE. 210, NEWARK CA 94560
Alan R. Stewart officer: Chief Financial Officer C/O SHOTSPOTTER, INC., 7979 GATEWAY BLVD., STE. 210, NEWARK CA 94560
Regan Davis officer: SVP Cust Succs & Field Eng C/O SHOTSPOTTER, INC., 7979 GATEWAY BLVD., STE. 210, NEWARK CA 94560
Paul S. Ames officer: Sr. VP Products and Technology C/O SHOTSPOTTER, INC., 7979 GATEWAY BLVD., STE. 210, NEWARK CA 94560
Robert Samuel Klepper officer: SVP Marketing and Products C/O SHOTSPOTTER, INC., 7979 GATEWAY BLVD., STE. 210, NEWARK CA 94560
Randall Hawks director, 10 percent owner 300 FRANK H. OGAWA PLAZA, #350, OAKLAND CA 94612
Ruby Sharma director 24 ARNOLD DRIVE, PRINCETON JCT. NJ 08550
Roberta S. Jacobson director C/O SHOTSPOTTER, INC., 7979 GATEWAY BLVD., STE. 210, NEWARK CA 94560
Joseph O. Hawkins officer: Sr. VP, Operations C/O SHOTSPOTTER, INC., 7979 GATEWAY BLVD., STE. 210, NEWARK CA 94560
Pascal Levensohn director CHEMIN DU CONNETABLE 8, COLOGNY, GENEVA V8 1223
Thomas T. Groos director, 10 percent owner C/O SHOTSPOTTER, INC., 7979 GATEWAY BLVD., STE. 210, NEWARK CA 94560
Gary M Lauder 10 percent owner 14600 WINCHESTER BLVD, LOS GATOS CA 95030