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Wolf Energy Services (Wolf Energy Services) Operating Income : $-3.21 Mil (TTM As of Jun. 2023)


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What is Wolf Energy Services Operating Income?

Wolf Energy Services's Operating Income for the three months ended in Jun. 2023 was $-0.71 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Jun. 2023 was $-3.21 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Wolf Energy Services's Operating Income for the three months ended in Jun. 2023 was $-0.71 Mil. Wolf Energy Services's Revenue for the three months ended in Jun. 2023 was $2.34 Mil. Therefore, Wolf Energy Services's Operating Margin % for the quarter that ended in Jun. 2023 was -30.12%.

Wolf Energy Services'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. Wolf Energy Services's annualized ROC % for the quarter that ended in Jun. 2023 was -99.08%. Wolf Energy Services's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2023 was -403.14%.


Wolf Energy Services Operating Income Historical Data

The historical data trend for Wolf Energy Services'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.

Wolf Energy Services Operating Income Chart

Wolf Energy Services Annual Data
Trend Mar22 Mar23
Operating Income
-5.76 -3.14

Wolf Energy Services Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
Operating Income Get a 7-Day Free Trial -0.68 -0.52 -0.31 -1.69 -0.71

Wolf Energy Services 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 Jun. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-3.21 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.


Wolf Energy Services  (OTCPK:WOEN) Operating Income Explanation

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

Wolf Energy Services's annualized ROC % for the quarter that ended in Jun. 2023 is calculated as:

ROC % (Q: Jun. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Mar. 2023 ) + Invested Capital (Q: Jun. 2023 ))/ count )
=-2.824 * ( 1 - -0.27% )/( (3.266 + 2.45)/ 2 )
=-2.8316248/2.858
=-99.08 %

where

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

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

Wolf Energy Services's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2023 is calculated as:

ROC (Joel Greenblatt) %(Q: Jun. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2023  Q: Jun. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-2.824/( ( (0.984 + max(-0.799, 0)) + (0.417 + max(-1.111, 0)) )/ 2 )
=-2.824/( ( 0.984 + 0.417 )/ 2 )
=-2.824/0.7005
=-403.14 %

where Working Capital is:

Working Capital(Q: Mar. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.147 + 0 + 0.577) - (0.67 + 0 + 0.853)
=-0.799

Working Capital(Q: Jun. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.116 + 0 + 1.101) - (1.558 + 0 + 0.77)
=-1.111

When net working capital is negative, 0 is used.

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

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

Wolf Energy Services's Operating Margin % for the quarter that ended in Jun. 2023 is calculated as:

Operating Margin %=Operating Income (Q: Jun. 2023 )/Revenue (Q: Jun. 2023 )
=-0.706/2.344
=-30.12 %

* 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.


Wolf Energy Services Operating Income Related Terms

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Wolf Energy Services (Wolf Energy Services) Business Description

Traded in Other Exchanges
N/A
Address
408 State Highway 135N, Kilgore, TX, USA, 75662
Wolf Energy Services Inc, through its wholly-owned subsidiary, provides transportation of frac sand and logistics services to hydraulic fracturing and drilling operations. Capstone procures and finances equipment for oilfield transportation service contractors. It operates in the transportation and logistics services business serving hydraulic fracking companies and assisting in their operations through Banner. The Company operates through Banner Midstream which has two operating subsidiaries: Pinnacle Frac Transport LLC and Capstone Equipment Leasing LLC.
Executives
Jay M. Puchir officer: CEO & President of Subsidiary 3333 PINNACLE HILLS PARKWAY, SUITE 220, ROGERS AR 72758
Jimmy Ray Galla director, officer: CEO and CFO 408 STATE HWY 135N, KILGORE TX 75662
Ecoark Holdings, Inc. 10 percent owner 303 PEARL PARKWAY SUITE 200, SAN ANTONIO TX 78215
Jimmy Don Reedy director 303 PEARL PARKWAY, SUITE 200, SAN ANTONIO TX 78215
Raynard Veldman director 2011 ROYAL CREST, MANSFIELD TX 76063
Adele Dibella 10 percent owner 3500 BAYVIEW DRIVE, FT. LAUDERDALE FL 33308
John Dibella director, officer: Chief Executive Officer 821 NW 57TH PLACE, FORT LAUDERDALE FL 33309
Alberto Dibella director, 10 percent owner, officer: Chief Executive Officer 3500 BAYVIEW DRIVE, FORT LAUDERDALE FL 33301

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