Artec Global Media (Artec Global Media) Operating Income : $-0.88 Mil (TTM As of Apr. 2016)

View and export this data going back to 2013. Start your Free Trial

What is Artec Global Media Operating Income?

Artec Global Media's Operating Income for the three months ended in Apr. 2016 was $-0.25 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Apr. 2016 was $-0.88 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Artec Global Media's Operating Income for the three months ended in Apr. 2016 was $-0.25 Mil. Artec Global Media's Revenue for the three months ended in Apr. 2016 was $0.22 Mil. Therefore, Artec Global Media's Operating Margin % for the quarter that ended in Apr. 2016 was -113.76%.

Artec Global Media'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. Artec Global Media's annualized ROC % for the quarter that ended in Apr. 2016 was -41.28%. Artec Global Media's annualized ROC (Joel Greenblatt) % for the quarter that ended in Apr. 2016 was %.

Artec Global Media Operating Income Historical Data

The historical data trend for Artec Global Media'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.

Artec Global Media Operating Income Chart

Artec Global Media Annual Data

Trend

Jan13

Jan14

Jan15

Jan16

Operating Income

-0.06

-1.29

-0.78

Artec Global Media Quarterly Data
	Apr13	Jul13	Oct13	Jan14	Apr14	Jul14	Oct14	Jan15	Apr15	Jul15	Oct15	Jan16	Apr16
Operating Income	Get a 7-Day Free Trial								-0.14	-0.08	-0.04	-0.51	-0.25

Artec Global Media 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 Apr. 2016 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.88 Mil.

Artec Global Media (OTCPK:ACTL) Operating Income Explanation

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

Artec Global Media's annualized ROC % for the quarter that ended in Apr. 2016 is calculated as:

	ROC % (Q: Apr. 2016 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Jan. 2016 )	+	Invested Capital (Q: Apr. 2016 ))	/ count )
=	-0.992 * ( 1 - 0% )	/	( (1.069	+	3.737)	/ 2 )
=	-0.992	/	2.403
=	-41.28 %

where

	Invested Capital		(Q: Jan. 2016 )
=	Total Assets	-	Accounts Payable & Accrued Expense	-	Excess Cash
=	Total Assets	-	Accounts Payable & Accrued Expense	-	( Cash, Cash Equivalents, Marketable Securities	-	max(0, Total Current Liabilities	-	Total Current Assets	+	Cash, Cash Equivalents, Marketable Securities	))
=	0.029	-	0.039	-	( 0.02	-	max(0, 1.108	-	0.029	+	0.02	))
=	1.069

	Invested Capital		(Q: Apr. 2016 )
=	Total Assets	-	Accounts Payable & Accrued Expense	-	Excess Cash
=	Total Assets	-	Accounts Payable & Accrued Expense	-	( Cash, Cash Equivalents, Marketable Securities	-	max(0, Total Current Liabilities	-	Total Current Assets	+	Cash, Cash Equivalents, Marketable Securities	))
=	0.02	-	0.076	-	( 0.018	-	max(0, 3.811	-	0.018	+	0.018	))
=	3.737

Note: The Operating Income data used here is four times the quarterly (Apr. 2016) data.

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

Artec Global Media's annualized ROC (Joel Greenblatt) % for the quarter that ended in Apr. 2016 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Apr. 2016 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Jan. 2016		Q: Apr. 2016
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-10.536	/	( ( (0 + max(-0.433, 0))	+	(0 + max(-2.929, 0)) )	/	2 )
=	-10.536	/	( ( 0	+	0 )	/	2 )
=	-10.536	/	0
=	%

where Working Capital is:

	Working Capital		(Q: Jan. 2016 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0.009	+	0	+	3.4694469519536E-18)	-	(0.039	+	0	+	0.403)
=	-0.433

	Working Capital		(Q: Apr. 2016 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0)	-	(0.076	+	0	+	2.853)
=	-2.929

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Apr. 2016) EBIT data.

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

Artec Global Media's Operating Margin % for the quarter that ended in Apr. 2016 is calculated as:

Operating Margin %	=	Operating Income (Q: Apr. 2016 )	/	Revenue (Q: Apr. 2016 )
	=	-0.248	/	0.218
	=	-113.76 %

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.

Artec Global Media Operating Income Related Terms

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

Artec Global Media (Artec Global Media) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Artec Global Media Inc (OTCPK:ACTL) » Definitions » Operating Income

Comparable Companies

Traded in Other Exchanges

N/A

Address

1000 East William Street, Suite 204, Carson City, NV, USA, 89701

Website

http://www.artecinc.net

Artec Global Media Inc is a US-based digital and mainstream marketing firm. It provides online marketing and reporting solutions to companies. It sells its marketing products based on a consultative approach to discover customer needs and build pricing and packages. It offers lead generation, performance media marketing, and affiliate marketing, as well as other related web services and consultation. The group generates revenue by providing marketing and advertising solutions for clients through direct sales and online marketing platform.

Artec Global Media (Artec Global Media) Headlines

No Headlines