GURUFOCUS.COM » STOCK LIST » Technology » Software » Intellicheck Inc (NAS:IDN) » Definitions » Operating Income

Intellicheck (Intellicheck) Operating Income : $-2.28 Mil (TTM As of Dec. 2023)


View and export this data going back to 1999. Start your Free Trial

What is Intellicheck Operating Income?

Intellicheck's Operating Income for the three months ended in Dec. 2023 was $0.62 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2023 was $-2.28 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Intellicheck's Operating Income for the three months ended in Dec. 2023 was $0.62 Mil. Intellicheck's Revenue for the three months ended in Dec. 2023 was $5.18 Mil. Therefore, Intellicheck's Operating Margin % for the quarter that ended in Dec. 2023 was 12.02%.

Good Sign:

Intellicheck Inc operating margin is expanding. Margin expansion is usually a good sign.

Intellicheck's 5-Year average Growth Rate for Operating Margin % was 26.40% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Intellicheck's annualized ROC % for the quarter that ended in Dec. 2023 was 24.04%. Intellicheck's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 368.05%.


Intellicheck Operating Income Historical Data

The historical data trend for Intellicheck'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.

Intellicheck Operating Income Chart

Intellicheck 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 -2.65 -3.30 -7.49 -4.03 -2.28

Intellicheck 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 -0.74 -1.31 -0.77 -0.82 0.62

Intellicheck 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 $-2.28 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.


Intellicheck  (NAS:IDN) Operating Income Explanation

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

Intellicheck'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 )
=2.488 * ( 1 - -12.15% )/( (11.374 + 11.836)/ 2 )
=2.790292/11.605
=24.04 %

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:

Intellicheck'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 )
=2.488/( ( (0.686 + max(-0.83, 0)) + (0.666 + max(-1.137, 0)) )/ 2 )
=2.488/( ( 0.686 + 0.666 )/ 2 )
=2.488/0.676
=368.05 %

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)
=(3.898 + 0 + 0.577) - (2.922 + 2.153 + 0.23)
=-0.83

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(4.703 + 0 + 0.692) - (4.129 + 2.209 + 0.194)
=-1.137

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 %:

Intellicheck'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 )
=0.622/5.176
=12.02 %

* 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.


Intellicheck Operating Income Related Terms

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


Intellicheck (Intellicheck) Business Description

Traded in Other Exchanges
Address
200 Broad Hollow Road, Suite 207, Melville, NY, USA, 11747
Intellicheck Inc is a trusted industry leader in technology solutions that stop identity theft and fraud with real-time identification authentication and age verification. The company makes it possible for its clients to increase revenues, improve customer service, and increase operational efficiencies. Under the new direction, the company is focused on partnering with banks and credit card issuers, and retailers to prevent fraud. It derives revenue through Sales of systems, subscription fees, Sale of software upgrades, and extended maintenance programs.
Executives
Jonathan Robins officer: Chief Technology Officer 200 BROADHOLLOW RD., SUITE 207, MELVILLE NY 11747
Jeffrey Ishmael officer: Chief Financial Officer 200 BROADHOLLOW RD. STE 207, MELVILLE NY 11747
Guy L Smith director 246 CROSSWAYS PARK WEST, WOODBURY NY 11797
Bryan Lewis officer: President and CEO 100 JERICHO QUADRANGLE, SUITE 202, JERICHO NY 11753
Russell T Embry officer: Sr VP & Chief Technology Off. INTELLI CHECK INC, 246 CROSSWAYS PARK, WOODBURY NY 11797
Garrett Gafke officer: President 200 BROADHOLLOW RD., SUITE 207, MELVILLE NY 11747
Gregory Braca director 11952 SOUTH EDGEWATER DR., PALM BEACH GARDENS FL 33410
Dondi Black director 200 BROADHOLLOW RD. STE 207, MELVILLE NY 11747
Billy Joe White officer: CFO, Secretary and Treasurer 191 OTTO ST., PORT TOWNSEND WA 98368
Dylan Glenn director 535 BROAD HOLLOW ROAD, SUITE B51, MELVILLE NY 11747
Amelia Ruzzo director 535 BROAD HOLLOW ROAD, SUITE B51, MELVILLE NY 11747
David E Ullman director C/O 500 HANOVER PIKE, HAMPSTEAD MD 21074
Awm Investment Company, Inc. 10 percent owner 527 MADISON AVENUE, SUITE 2600, NEW YORK NY 10022
Michael Malone director 191 OTTO STREET, PORT TOWNSEND WA 98368
William H Roof officer: VP & COO 191 OTTO STREET, PORT TOWNSEND WA 98368