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Gaia (GAIA) Operating Income : $-4.41 Mil (TTM As of Mar. 2024)


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What is Gaia Operating Income?

Gaia's Operating Income for the three months ended in Mar. 2024 was $-0.86 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2024 was $-4.41 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Gaia's Operating Income for the three months ended in Mar. 2024 was $-0.86 Mil. Gaia's Revenue for the three months ended in Mar. 2024 was $21.69 Mil. Therefore, Gaia's Operating Margin % for the quarter that ended in Mar. 2024 was -3.98%.

Gaia'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. Gaia's annualized ROC % for the quarter that ended in Mar. 2024 was -2.62%. Gaia's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -12.75%.


Gaia Operating Income Historical Data

The historical data trend for Gaia'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.

Gaia Operating Income Chart

Gaia 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 -17.20 -4.63 2.35 -0.22 -4.57

Gaia Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -1.02 -1.61 -0.45 -1.49 -0.86

Gaia 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-4.41 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.


Gaia  (NAS:GAIA) Operating Income Explanation

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

Gaia's annualized ROC % for the quarter that ended in Mar. 2024 is calculated as:

ROC % (Q: Mar. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2023 ) + Invested Capital (Q: Mar. 2024 ))/ count )
=-3.452 * ( 1 - 0% )/( (132.552 + 131.148)/ 2 )
=-3.452/131.85
=-2.62 %

where

Note: The Operating Income data used here is four times the quarterly (Mar. 2024) data.

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

Gaia's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2023  Q: Mar. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-3.452/( ( (22.416 + max(-24.372, 0)) + (31.754 + max(-24.304, 0)) )/ 2 )
=-3.452/( ( 22.416 + 31.754 )/ 2 )
=-3.452/27.085
=-12.75 %

where Working Capital is:

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(4.111 + 0 + 2.015) - (13.071 + 15.861 + 1.566)
=-24.372

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(4.738 + 0 + 5.875) - (17.102 + 17.815 + 0)
=-24.304

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2024) EBIT data.

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

Gaia's Operating Margin % for the quarter that ended in Mar. 2024 is calculated as:

Operating Margin %=Operating Income (Q: Mar. 2024 )/Revenue (Q: Mar. 2024 )
=-0.863/21.693
=-3.98 %

* 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.


Gaia Operating Income Related Terms

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Gaia (GAIA) Business Description

Traded in Other Exchanges
Address
833 West South Boulder Road, Louisville, CO, USA, 80027-2452
Gaia Inc is a video streaming service and community that provides curated conscious media in primary channels-Seeking Truth provides new and enlightening perspectives for today's changing world; Transformation provides a wealth of content in the niche areas of spiritual growth, personal development and expanded consciousness; Alternative Healing channel features content focused on food and nutrition, holistic healing, alternative and integrative medicines, and longevity, and Yoga. Geographically, it derives a majority of its revenue from the United States and also has an international presence.
Executives
Jirka Rysavy director, 10 percent owner, officer: Chairman 833 WEST SOUTH BOULDER ROAD, LOUISVILLE CO 80027-2452
Paul Howard Sutherland director 111 CASS STREET, TRAVERSE MI 49684
Ned Preston officer: Chief Financial Officer C/O GAIA, INC., 833 WEST BOULDER ROAD, LOUISVILLE CO 80027-2452
Jirka Rysavy, Llc 10 percent owner 1801 CALIFORNIA STREET, SUITE 4400, DENVER CO 80202
David Maisel director
Tarell Paul C. Jr. officer: Chief Financial Officer C/O GAIA, INC., 833 W. SOUTH BOULDER ROAD, BLDG. G, LOUISVILLE CO 80027-2452
Yon Nuta officer: Executive VP - Retention 833 WEST SOUTH BOULDER ROAD, BUILDING G, LOUISVILLE CO 80027
Kiersten Medvedich officer: Executive VP - Content 833 WEST SOUTH BOULDER ROAD, BUILDING G, LOUISVILLE CO 80027
James Colquhoun director 833 WEST SOUTH BOULDER ROAD, BUILDING G, LOUISVILLE CO 80027
Dae Mellencamp director 833 WEST SOUTH BOULDER ROAD, BUILDING G, LOUISVILLE CO 80027
Mic Capital Partners (public) Parallel Cayman, Lp 10 percent owner WALKERS CORPORATE LIMITED, CAYMAN CORPORATE CENTRE, 27 HOSPITAL RD., GEORGE TOWN, GRAND CAYMAN E9 KY1-9008
Mubadala Investment Co Pjsc 10 percent owner P.O. BOX 45005, ABU DHABI C0 00000
Mdc Capital (cayman) Ltd 10 percent owner INTERTRUST CORPORATE SERVICES (CAYMAN), LIMITED, 190 ELGIN AVENUE, GEORGE TOWN E9 KY1-9005
Chris Jaeb director C/O GAIAM, INC., 833 WEST SOUTH BOULDER ROAD, LOUISVILLE CO 80027
Kristin E. Frank director C/O GAIAM, INC., 833 WEST SOUTH BOULDER ROAD, LOUISVILLE CO 80027