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Lendway (Lendway) Operating Income : $-0.80 Mil (TTM As of Dec. 2023)


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What is Lendway Operating Income?

Lendway's Operating Income for the three months ended in Dec. 2023 was $-0.54 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2023 was $-0.80 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Lendway's Operating Income for the three months ended in Dec. 2023 was $-0.54 Mil. Lendway's Revenue for the three months ended in Dec. 2023 was $0.00 Mil. Therefore, Lendway's Operating Margin % for the quarter that ended in Dec. 2023 was %.

Lendway'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. Lendway's annualized ROC % for the quarter that ended in Dec. 2023 was -136.07%. Lendway's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -430.95%.


Lendway Operating Income Historical Data

The historical data trend for Lendway'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.

Lendway Operating Income Chart

Lendway Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Operating Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only -4.09 -5.03 -4.79 -2.44 -3.52

Lendway 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 -0.78 1.54 -0.17 -1.63 -0.54

Lendway 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 $-0.80 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.


Lendway  (NAS:LDWY) Operating Income Explanation

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

Lendway'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 )
=-2.144 * ( 1 - -7% )/( (2.424 + 0.948)/ 2 )
=-2.29408/1.686
=-136.07 %

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:

Lendway'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 )
=-2.144/( ( (0.041 + max(0.912, 0)) + (0.042 + max(-0.762, 0)) )/ 2 )
=-2.144/( ( 0.953 + 0.042 )/ 2 )
=-2.144/0.4975
=-430.95 %

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)
=(0.2 + 0 + 2.407) - (0.26 + 0 + 1.435)
=0.912

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.33) - (0.2 + 0 + 0.892)
=-0.762

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 %:

Lendway'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 )
=-0.536/0
= %

* 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.


Lendway Operating Income Related Terms

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Lendway (Lendway) Business Description

Traded in Other Exchanges
N/A
Address
212 Third Avenue North, Suite 356, Minneapolis, MN, USA, 55401
Lendway Inc Formerly Insignia Systems Inc offers in-store and digital advertising solutions to consumer-packaged goods manufacturers, retailers, shopper marketing agencies and brokerages. It offers custom design, printing, and store signage programs directly to retailers that seek effective ways to communicate with their shoppers in the store. The company's products include the Insignia Point-of-Purchase Services (POPS) in-store marketing program, Laser printable cardstock and Label supplies. The company shelf-edge advertising and promotion tactic. The program allows manufacturers to deliver product information to consumers at the point-of-purchase. The company also provides marketing solutions to brands spanning from some of the largest multinationals to new and emerging brands.
Executives
Mary Herfurth director 212 THIRD AVENUE NORTH, STE. 356, MINNEAPOLIS MN 55401
Matthew Kelly director 212 THIRD AVENUE NORTH, SUITE 356, MINNEAPOLIS MN 55401
Nicholas John Swenson director, 10 percent owner 5000 WEST 36TH STREET, SUITE 130, MINNEAPOLIS MN 55416
Randy D. Uglem officer: Sr Vice President of Lending 212 THIRD AVE N, STE 356, MINNEAPOLIS MN 55401
Daniel C. Philp director 212 THIRD AVE N, STE 356, MINNEAPOLIS MN 55401
Mark Jundt director 212 THIRD AVE N, STE 356, MINNEAPOLIS MN 55401
Zackery Weber officer: Sr Dir Fin Plng-Interim PAO 8799 BROOKLYN BLVD, MINNEAPOLIS MN 55445
Air T Inc 10 percent owner 11020 DAVID TAYLOR DRIVE, SUITE 305, CHARLOTTE NC 28262
Funicular Fund, Lp 10 percent owner 2261 MARKET STREET, #4307, SAN FRANCISCO CA 94114
Chad Bruce Johnson director 8799 BROOKLYN BLVD, MINNEAPOLIS MN 55445
Cable Car Capital Llc 10 percent owner 2261 MARKET STREET #4307, SAN FRANCISCO CA 94114
Adam D May officer: CHIEF GROWTH OFFICER 8799 BROOKLYN BLVD, MINNEAPOLIS MN 55445
Loren A Unterseher director 8799 BROOKLYN BLVD, MINNEAPOLIS MN 55445
Kristine A Glancy officer: Chief Executive Officer 8799 BROOKLYN BLVD., MINNEAPOLIS MN 55445
Suzanne L Clarridge director 8799 BROOKLYN BLVD, MINNEAPOLIS MN 55445