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Blue Biofuels (Blue Biofuels) Operating Income : $-2.96 Mil (TTM As of Dec. 2023)


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What is Blue Biofuels Operating Income?

Blue Biofuels's Operating Income for the three months ended in Dec. 2023 was $-0.48 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2023 was $-2.96 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Blue Biofuels's Operating Income for the three months ended in Dec. 2023 was $-0.48 Mil. Blue Biofuels's Revenue for the three months ended in Dec. 2023 was $0.00 Mil. Therefore, Blue Biofuels's Operating Margin % for the quarter that ended in Dec. 2023 was %.

Blue Biofuels'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. Blue Biofuels's annualized ROC % for the quarter that ended in Dec. 2023 was -87.93%. Blue Biofuels's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -275.90%.


Blue Biofuels Operating Income Historical Data

The historical data trend for Blue Biofuels'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.

Blue Biofuels Operating Income Chart

Blue Biofuels Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec19 Dec20 Dec21 Dec22 Dec23
Operating Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.78 -1.99 -2.14 -3.89 -2.96

Blue Biofuels Quarterly Data
Dec17 Mar18 Jun18 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 -0.60 -1.05 -1.12 -0.31 -0.48

Blue Biofuels 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 $-2.96 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.


Blue Biofuels  (OTCPK:BIOF) Operating Income Explanation

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

Blue Biofuels'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 )
=-1.908 * ( 1 - 0% )/( (2.123 + 2.217)/ 2 )
=-1.908/2.17
=-87.93 %

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:

Blue Biofuels'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 )
=-1.912/( ( (0.718 + max(-0.83, 0)) + (0.668 + max(-1.031, 0)) )/ 2 )
=-1.912/( ( 0.718 + 0.668 )/ 2 )
=-1.912/0.693
=-275.90 %

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 + 0 + 0.038) - (0.193 + 0.675 + 0)
=-0.83

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.036) - (0.239 + 0.828 + -2.2204460492503E-16)
=-1.031

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 %:

Blue Biofuels'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 )
=-0.477/0
= %

* 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.


Blue Biofuels Operating Income Related Terms

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Blue Biofuels (Blue Biofuels) Business Description

Traded in Other Exchanges
N/A
Address
3710 Buckeye Street, Suite 120, Palm Beach Gardens, FL, USA, 33410
Blue Biofuels Inc is a technology company focused on emerging technologies in the renewable energy, biofuels, and new technologies sectors. It developed a technology system called Cellulose-to-Sugar 2.0 (CTS 2.0) which is a mechanical/chemical dry process for converting cellulose material into sugar for use in the biofuels industry. It can convert any cellulosic material like grasses, wood, paper, farm waste, yard waste, forestry products, energy crops like hemp or King Grass, and the cellulosic portion of municipal solid waste into sugars and lignin, and subsequently into biofuels and bioplastics. This system produces sugar and chemically unmodified lignin among other by-products. The sugar can then be further converted into biofuels and the lignin into bioplastics.
Executives
Chris J Kneppers director NO 102 GRANDVIEW AVE, HOPEWELL NJ 08525
Benjamin Slager director, 10 percent owner, officer: CEO 165 SE 1ST AVE, DELRAY BEACH, FL 33444
Peter Zimeri director 1030 CITRUS WAY APT 104, DELRAY BEACH FL 33445
Edmund J Burke director 1290 BROADWAY, SUITE 1100, DENVER CO 80203
Anthony Ii Santelli director, 10 percent owner, officer: CFO 9334 AMBER WOOD DRIVE, KIRTLAND OH 44094
Christopher J Jemapete 10 percent owner 6888 SOUTH IRVINGTON COURT, AURORA CO 80016
Pamela B Jemapete 10 percent owner 6888 SOUTH IRVINGTON COURT, AURORA CO 80016
George Bolton director 400 N. CONGRESS AVE, SUITE 130, WEST PALM BEACH FL 33401
Charles Sills director 400 N. CONGRESS AVE, SUITE 130, WEST PALM BEACH FL 33401
Liege Daniel De director, 10 percent owner, officer: President 400 NORTH CONGRESS AVENUE, SUITE 130, WEST PALM BEACH FL 33401
Joseph Mcnaney director 400 NORTH CONGRESS AVENUE, SUITE 130, WEST PALM BEACH FL 33401
Richard Cohen officer: CFO C/O DUNE ENERGY, INC., TWO SHELL PLAZA, 777 WALKER STREET, SUITE 2300, HOUSTON TX 77002
Amg Energy Solutions, Inc. 10 percent owner 400 NORTH CONGRESS AVENUE, SUITE 130, WEST PALM BEACH FL 33401
Mark W. Koch director, 10 percent owner 400 NORTH CONGRESS AVENUE, SUITE 130, WEST PALM BEACH FL 33401
W. Johan Sturm 10 percent owner 400 NORTH CONGRESS AVENUE, SUITE 130, WEST PALM BEACH FL 33401