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RM2 International (RM2 International) Operating Income : $-7.10 Mil (TTM As of Jun. 2020)


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What is RM2 International Operating Income?

RM2 International's Operating Income for the three months ended in Jun. 2020 was $0.00 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Jun. 2020 was $-7.10 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. RM2 International's Operating Income for the three months ended in Jun. 2020 was $0.00 Mil. RM2 International's Revenue for the three months ended in Jun. 2020 was $0.00 Mil. Therefore, RM2 International's Operating Margin % for the quarter that ended in Jun. 2020 was %.

RM2 International'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. RM2 International's annualized ROC % for the quarter that ended in Jun. 2020 was 0.00%. RM2 International's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2020 was 0.00%.


RM2 International Operating Income Historical Data

The historical data trend for RM2 International'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.

RM2 International Operating Income Chart

RM2 International Annual Data
Trend Dec10 Dec11 Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20
Operating Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.46 -9.44 -7.68 -7.11 -1.63

RM2 International Quarterly Data
Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Jun20
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 -0.02 -1.85 -3.14 -2.09 -

RM2 International 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. 2020 adds up the quarterly data reported by the company within the most recent 12 months, which was $-7.10 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.


RM2 International  (OTCPK:RMTO) Operating Income Explanation

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

RM2 International's annualized ROC % for the quarter that ended in Jun. 2020 is calculated as:

ROC % (Q: Jun. 2020 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2019 ) + Invested Capital (Q: Jun. 2020 ))/ count )
=0 * ( 1 - 0% )/( (62.456 + 44.874)/ 2 )
=0/53.665
=0.00 %

where

Note: The Operating Income data used here is four times the quarterly (Jun. 2020) data.

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

RM2 International's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2020 is calculated as:

ROC (Joel Greenblatt) %(Q: Jun. 2020 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2019  Q: Jun. 2020
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=0/( ( (25.518 + max(10.639, 0)) + (24.067 + max(7.678, 0)) )/ 2 )
=0/( ( 36.157 + 31.745 )/ 2 )
=0/33.951
=0.00 %

where Working Capital is:

Working Capital(Q: Jun. 2019 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(8.455 + 8.424 + 6.965) - (9.989 + 0.027 + 3.189)
=10.639

Working Capital(Q: Jun. 2020 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(5.876 + 5.53 + 2.41) - (6.124 + 0.014 + 1.7763568394003E-15)
=7.678

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Jun. 2020) EBIT data.

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

RM2 International's Operating Margin % for the quarter that ended in Jun. 2020 is calculated as:

Operating Margin %=Operating Income (Q: Jun. 2020 )/Revenue (Q: Jun. 2020 )
=0/0
= %

* 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.


RM2 International Operating Income Related Terms

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RM2 International (RM2 International) Business Description

Traded in Other Exchanges
N/A
Address
810 Flightline Boulevard, Deland, FL, USA, 32724
RM2 International Inc leases robust composite pallets to replace wooden pallets, including smart Internet of Things (IoT) technologies, to improve logistics. In every BLOCKPal pallet, embedded IoT sensors capture location, temperature, shock & tilt, and movement. Sensor data is transmitted via a high-speed LTE-M network to RM2's secure cloud database. RM2 issues, retrieves, and sanitizes more than 1.5 million of its hygienic IoT pallets annually through a nationwide network of over 30 service facilities in a cost-effective, scalable, and environmentally sustainable pallet pooling system.
Executives
Brian Knaley other: Former Officer C/O ARC GROUP WORLDWIDE, INC., 810 FLIGHTLINE BLVD., DELAND FL 32724
Everest Hill Group Inc. 10 percent owner TROPIC ISLE BUILDING, P O BOX 3331, ROAD TOWN TORTOLA D8 VG 1110
Alan G Quasha director 127 EAST 73RD STREET, NEW YORK NY 10021
Theodore Deinard other: Former Interim CEO, CFO, & Dir C/O ARC WIRELESS SOLUTIONS, INC., 6330 NORTH WASHINGTON ST., SUITE 13, DENVER CO 80216
Javier Baz director 1100 HUMBOLDT STREET, DENVER CO 80218
Robert E Wade director C/O FRANKLIN RESOURCES INC, ONE FRANKLIN PARKWAY, SAN MATEO CA 94403
Randall P Marx director, officer: CEO, President & Secretary
Monty R Lamirato officer: CFO