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Applied Energetics (Applied Energetics) Operating Income : $-7.40 Mil (TTM As of Dec. 2023)


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What is Applied Energetics Operating Income?

Applied Energetics's Operating Income for the three months ended in Dec. 2023 was $-1.80 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2023 was $-7.40 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Applied Energetics's Operating Income for the three months ended in Dec. 2023 was $-1.80 Mil. Applied Energetics's Revenue for the three months ended in Dec. 2023 was $0.87 Mil. Therefore, Applied Energetics's Operating Margin % for the quarter that ended in Dec. 2023 was -206.08%.

Applied Energetics'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. Applied Energetics's annualized ROC % for the quarter that ended in Dec. 2023 was -363.77%. Applied Energetics's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -498.12%.


Applied Energetics Operating Income Historical Data

The historical data trend for Applied Energetics'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.

Applied Energetics Operating Income Chart

Applied Energetics 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 -5.17 -5.24 -5.50 -5.77 -7.40

Applied Energetics 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 -1.51 -1.94 -1.83 -1.83 -1.80

Applied Energetics 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 $-7.40 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.


Applied Energetics  (OTCPK:AERG) Operating Income Explanation

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

Applied Energetics'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 )
=-7.188 * ( 1 - 0% )/( (1.971 + 1.981)/ 2 )
=-7.188/1.976
=-363.77 %

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:

Applied Energetics'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 )
=-7.148/( ( (1.381 + max(-0.39, 0)) + (1.489 + max(-0.459, 0)) )/ 2 )
=-7.148/( ( 1.381 + 1.489 )/ 2 )
=-7.148/1.435
=-498.12 %

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)
=(0.162 + 0 + 0.194) - (0.38 + 0.366 + 0)
=-0.39

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.153 + 0 + 0.148) - (0.452 + 0.309 + -0.00099999999999989)
=-0.459

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 %:

Applied Energetics'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 )
=-1.797/0.872
=-206.08 %

* 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.


Applied Energetics Operating Income Related Terms

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


Applied Energetics (Applied Energetics) Business Description

Traded in Other Exchanges
N/A
Address
9070 S. Rita Road, Suite 1500, Tucson, AZ, USA, 85747
Applied Energetics Inc specializes in the development and manufacture of high-performance lasers, high-voltage electronics, optical systems, and integrated guided energy systems for prospective defense, national security, industrial, and scientific customers. The company pioneered and holds all crucial intellectual property rights to the development and use of Laser Guided Energy technology and related solutions for commercial, defense, and security applications, and is protected by patents and additional Government Sensitive Patent Applications GSPA. The company's GSPAs are held under the secrecy orders of the United States government and allows it greatly extended protection rights.
Executives
Bradford Thomas Adamczyk director 16A HARSTON, 109 REPULSE BAY ROAD, REPULSE BAY K3 00000
Gregory James Quarles director, officer: President and CEO 2480 W. RUTHRAUFF ROAD, SUITE 1400, TUSCAN AZ 85705
Christopher Wayne Donaghey officer: CFO/COO 207 MCLEAN PL, SEVERNA PARK MD 21146
Schultz John E. Jr. director 2480 W RUTHRAUFF ROAD, SUITE 140 Q, TUCSON AZ 85705
Mary Payton O'hara director C/O APPLIED ENERGETICS, INC., 9070 S. RITA ROAD, SUITE 1500, TUCSON AZ 85747
Jonathan Barcklow director, officer: Vice President and Secretary 6412 BRANDON AVE #335, SPRINGFIELDS VA 22150
George P Farley director, officer: CEO C/O ICAD, INC., 98 SPIT BROOK ROAD, SUITE 100, NASHUA NH 03062
Joseph Hayden 10 percent owner, officer: Vice Pres Business Development C/O APPLIED ENERGETICS, INC., 3716 E. COLUMBIA ST., STE 120, TUCSON AZ 85714
Humberto Astorga officer: Controller C/O APPLIED ENERGETICS, INC., 3590 EAST COLUMBIA STREET, TUCSON AZ 85714
Eric Lau officer: COO and VP of Engineering C/O APPLIED ENERGETICS, INC., 3590 EAST COLUMBIA STREET, TUCSON AZ 85714
John F Levy director C/O WASHINGTON PRIME GROUP INC., 180 EAST BROAD STREET, COLUMBUS OH 43215
Mark Lister director C/O APPLIED ENERGETICS, INC., 3590 EAST COLUMBIA STREET, TUCSON AZ 85714
James M Feigley director C/O APPLIED ENERGETICS, INC., 3590 EAST COLUMBIA STREET, TUCSON AZ 85714
Dana A Marshall director, officer: President and CEO C/O APPLIED ENERGETICS, INC., 3716 EAST COLUMBIA ST., SUITE 120, TUCSON AZ 85714
Kenneth M Wallace officer: Chief Financial Officer C/O APPLIED ENERGETICS, INC., 3716 E. COLUMBIA ST., STE 120, TUCSON AZ 85714