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Amesite (Amesite) Operating Income : $-3.84 Mil (TTM As of Dec. 2023)


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What is Amesite Operating Income?

Amesite's Operating Income for the three months ended in Dec. 2023 was $-0.96 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2023 was $-3.84 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Amesite's Operating Income for the three months ended in Dec. 2023 was $-0.96 Mil. Amesite's Revenue for the three months ended in Dec. 2023 was $0.04 Mil. Therefore, Amesite's Operating Margin % for the quarter that ended in Dec. 2023 was -2,331.71%.

Amesite'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. Amesite's annualized ROC % for the quarter that ended in Dec. 2023 was -456.60%. Amesite's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -4,272.63%.


Amesite Operating Income Historical Data

The historical data trend for Amesite'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.

Amesite Operating Income Chart

Amesite Annual Data
Trend Jun19 Jun20 Jun21 Jun22 Jun23
Operating Income
-3.97 -4.08 -7.97 -9.06 -4.23

Amesite Quarterly Data
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 -0.71 -0.95 -0.99 -0.95 -0.96

Amesite 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 $-3.84 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.


Amesite  (NAS:AMST) Operating Income Explanation

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

Amesite'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 )
=-3.824 * ( 1 - 0% )/( (0.91 + 0.765)/ 2 )
=-3.824/0.8375
=-456.60 %

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:

Amesite'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 )
=-3.824/( ( (0.083 + max(-0.168, 0)) + (0.077 + max(0.019, 0)) )/ 2 )
=-3.824/( ( 0.083 + 0.096 )/ 2 )
=-3.824/0.0895
=-4,272.63 %

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)
=(0.019 + 0 + 0.076000000000001) - (0.133 + 0.024 + 0.106)
=-0.168

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.195) - (0.124 + 0.013 + 0.039)
=0.019

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 %:

Amesite'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 )
=-0.956/0.041
=-2,331.71 %

* 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.


Amesite Operating Income Related Terms

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Amesite (Amesite) Business Description

Traded in Other Exchanges
N/A
Address
607 Shelby Street, Suite 700, PMB 214, Detroit, MI, USA, 48226
Amesite Inc is an artificial intelligence-driven platform and course designer that rapidly provides customized, high performance and scalable online products for schools and businesses. The company helps educational institutions and businesses improve learning as their technology partner, delivering a disruptive technology-driven by AI and offers a constellation of services that help partners implement new programs, and improve existing ones. Its customers are businesses, universities and colleges, and K-12 schools.
Executives
Ann Marie Sastry director, officer: Chief Executive Officer C/O LOLA ONE ACQUISITION CORPORATION, 2255 GLADES ROAD, SUITE 324A, BOCA RATON FL 33431
Gilbert S Omenn director AMGEN INC., ONE AMGEN CENTER DRIVE, THOUSAND OAKS CA 91320-1799
J Michael Losh director H.B. FULLER COMPANY, P.O. BOX 64683, ST. PAUL MN 55164-0683
Richard Ogawa director 2953 BUNKER HILL LANE, SUITE 300, SANTA CLARA CA 95054
Anthony M. Barkett director C/O LOLA ONE ACQUISITION CORPORATION, 2255 GLADES ROAD, SUITE 324A, BOCA RATON FL 33431
George Parmer director 102 WEST BAKER STREET, PLANT CITY FL 33563
Sherrie Farrell officer: Chief Financial Officer 607 SHELBY STREET, SUITE 700, PMB 214, DETROIT MI 48226
Mark Corrao officer: Chief Financial Officer 531 AIRPORT NORTH OFFICE PARK, FORT WAYNE IN 46825
Mark N. Tompkins 10 percent owner APP. 1, VIA GUIDINO 23, LUGANO-PARADISO V8 6900
Matthew Kern officer: Chief Financial Officer 607 SHELBY STREET, SUITE 700 PMB 214, DETROIT MI 48226
Richard D. Dibartolomeo officer: Chief Financial Officer C/O AMESITE INC., 205 EAST WASHINGTON STREET, SUITE B, ANN ARBOR MI 48104
Barbie Brewer director 205 EAST WASHINGTON STREET, SUITE B, ANN ARBOR MI 48104