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AppTech Payments (AppTech Payments) Operating Income : $-13.06 Mil (TTM As of Dec. 2023)


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What is AppTech Payments Operating Income?

AppTech Payments's Operating Income for the three months ended in Dec. 2023 was $-3.37 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2023 was $-13.06 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. AppTech Payments's Operating Income for the three months ended in Dec. 2023 was $-3.37 Mil. AppTech Payments's Revenue for the three months ended in Dec. 2023 was $0.14 Mil. Therefore, AppTech Payments's Operating Margin % for the quarter that ended in Dec. 2023 was -2,390.07%.

Warning Sign:

AppTech Payments Corp operating margin has been in a 5-year decline. The average rate of decline per year is -46.1%.

AppTech Payments's 5-Year average Growth Rate for Operating Margin % was -46.10% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. AppTech Payments's annualized ROC % for the quarter that ended in Dec. 2023 was -282.16%. AppTech Payments's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -18,286.49%.


AppTech Payments Operating Income Historical Data

The historical data trend for AppTech Payments'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.

AppTech Payments Operating Income Chart

AppTech Payments Annual Data
Trend Dec12 Dec13 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Operating Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.95 -3.61 -8.36 -15.33 -13.05

AppTech Payments Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 -4.50 -3.56 -3.24 -2.88 -3.37

AppTech Payments 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-13.06 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.


AppTech Payments  (NAS:APCX) Operating Income Explanation

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

AppTech Payments's annualized ROC % for the quarter that ended in Dec. 2023 is calculated as:

ROC % (Q: Dec. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2023 ) + Invested Capital (Q: Dec. 2023 ))/ count )
=-13.48 * ( 1 - 0% )/( (2.323 + 7.232)/ 2 )
=-13.48/4.7775
=-282.16 %

where

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

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

AppTech Payments's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2023  Q: Dec. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-13.532/( ( (0.082 + max(-0.872, 0)) + (0.066 + max(-3.766, 0)) )/ 2 )
=-13.532/( ( 0.082 + 0.066 )/ 2 )
=-13.532/0.074
=-18,286.49 %

where Working Capital is:

Working Capital(Q: Sep. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.253 + 0 + 0.324) - (0.82 + 0.557 + 0.072)
=-0.872

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.03 + 0 + 0.205) - (3.685 + 0.244 + 0.072)
=-3.766

When net working capital is negative, 0 is used.

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

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

AppTech Payments's Operating Margin % for the quarter that ended in Dec. 2023 is calculated as:

Operating Margin %=Operating Income (Q: Dec. 2023 )/Revenue (Q: Dec. 2023 )
=-3.37/0.141
=-2,390.07 %

* 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.


AppTech Payments Operating Income Related Terms

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


AppTech Payments (AppTech Payments) Business Description

Traded in Other Exchanges
N/A
Address
5876 Owens Avenue, Suite 100, Carlsbad, CA, USA, 92008
AppTech Payments Corp is a FinTech company utilizing various payment processing and digital banking technologies to complement core merchant services capabilities. The company's patented and proprietary software will provide progressive and adaptable products that are available through a suite of synergistic offerings directly to merchants, banking institutions, and business enterprises. It is developing a secure digital payments and banking platform that powers commerce experiences for clients and customers. Based upon industry standards for payment and banking protocols, it will offer standalone products and fully integrated solutions that deliver unparalleled payments, banking, and financial services experiences.
Executives
Chad Nelley officer: COO 5876 OWENS AVE, SUITE #100, CARLSBAD CA 92008
Benjamin D Jenkins officer: CTO 5876 OWENS AVE., SUITE 100, CARLSBAD CA 92008
Christopher S Williams director 5876 OWENS AVE, SUITE 100, CARLSBAD CA 92008
Michael A. O'neal director C/O NORTEK SECURITY & CONTROL LLC, 1950 CAMINO VIDA ROBLE, CARLSBAD CA 92008
William Huff director 2275 RIO BONITO WAY, SUITE 210, SAN DIEGO CA 92108
Mengyin H Liang director 124 STELLAR, IRVINE CA 92618
Marc D Evans officer: Corporate Secretary 5876 OWENS AVE, SUITE 100, CARLSBAD CA 92008
Michael Yadgar director PO BOX 259, MANAMA C6 00000
Ventures Ndigital 10 percent owner C/O INFINIOS SOLUTIONS (BAHRAIN) W.L.L., PO BOX 11970, MANAMA C6 00000
Virgil Llapitan other: Executive Vice President 2302 ALTISMA WAY, 104, CARLSBAD CA 92009
Michael B Gross director 5876 OWENS AVENUE, SUITE 100, CARLSBAD CA 92008
Jeffrey Moriarty officer: Secretary 12545 PARISH ROAD, SAN DIEGO CA 92128
Gary B Wachs director, officer: Chief Financial Officer 23500 MERCANTILE RD, SUITE A, BEACHWOOD OH 44122
Luke Damian D'angelo director, 10 percent owner, officer: Executive Director, Chairman 2011 PALOMAR AIRPORT ROAD, SUITE 102, CARLSBAD CA 92011
Timothy J Connolly director, 10 percent owner, officer: President and CEO 1770 ST JAMES PLACE, SUITE 116, HOUSTON TX 77056

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