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SEMrush Holdings (SEMrush Holdings) Operating Income : $-6.4 Mil (TTM As of Dec. 2023)


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What is SEMrush Holdings Operating Income?

SEMrush Holdings's Operating Income for the three months ended in Dec. 2023 was $2.7 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2023 was $-6.4 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. SEMrush Holdings's Operating Income for the three months ended in Dec. 2023 was $2.7 Mil. SEMrush Holdings's Revenue for the three months ended in Dec. 2023 was $83.4 Mil. Therefore, SEMrush Holdings's Operating Margin % for the quarter that ended in Dec. 2023 was 3.22%.

SEMrush Holdings'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. SEMrush Holdings's annualized ROC % for the quarter that ended in Dec. 2023 was 7.14%. SEMrush Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 57.43%.


SEMrush Holdings Operating Income Historical Data

The historical data trend for SEMrush Holdings'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.

SEMrush Holdings Operating Income Chart

SEMrush Holdings Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Operating Income
-8.22 -6.15 -2.49 -25.11 -6.38

SEMrush Holdings Quarterly Data
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 -13.43 -9.79 -2.02 2.75 2.68

SEMrush Holdings 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 $-6.4 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.


SEMrush Holdings  (NYSE:SEMR) Operating Income Explanation

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

SEMrush Holdings'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 )
=10.728 * ( 1 - 16.85% )/( (110.38 + 139.628)/ 2 )
=8.920332/125.004
=7.14 %

where

Invested Capital(Q: Sep. 2023 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=301.962 - 19.754 - ( 230.071 - max(0, 88.658 - 260.486+230.071))
=110.38

Invested Capital(Q: Dec. 2023 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=331.49 - 20.787 - ( 238.569 - max(0, 94.479 - 265.554+238.569))
=139.628

Note: The Operating Income data used here is four times the quarterly (Dec. 2023) data.

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

SEMrush Holdings'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 )
=10.728/( ( (16.603 + max(-54.53, 0)) + (20.755 + max(-63.22, 0)) )/ 2 )
=10.728/( ( 16.603 + 20.755 )/ 2 )
=10.728/18.679
=57.43 %

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)
=(5.82 + 0 + 24.595) - (19.754 + 55.24 + 9.951)
=-54.53

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(7.897 + 0 + 19.088) - (20.787 + 58.31 + 11.108)
=-63.22

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 %:

SEMrush Holdings'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 )
=2.682/83.394
=3.22 %

* 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.


SEMrush Holdings Operating Income Related Terms

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SEMrush Holdings (SEMrush Holdings) Business Description

Traded in Other Exchanges
N/A
Address
800 Boylston Street, Suite 2475, Boston, MA, USA, 02199
SEMrush Holdings Inc is engaged in the provision of an online visibility management software-as-a-service platform. Its platform enables subscribers to improve their online visibility and drive traffic, including on their websites and social media pages, and distribute highly relevant content to their customers on a targeted basis across various channels to drive high-quality traffic and measure the effectiveness of their digital marketing campaigns. Geographically, it generates revenues from the US, the UK, and other regions.
Executives
Eugenie Levin officer: Chief Strategy and CDO C/O SEMRUSH HOLDINGS, INC, 800 BOYLSTON STREET, SUITE 2475, BOSTON MA 02199
Andrew Warden officer: Chief Marketing Officer C/O SEMRUSH HOLDINGS, INC., 800 BOYLSTON STREET, SUITE 2475, BOSTON MA 02199
Dmitry Melnikov director, 10 percent owner, officer: Chief Operating Officer C/O SEMRUSH HOLDINGS, INC., 800 BOYLSTON STREET, SUITE 2475, BOSTON MA 02199
Oleg Shchegolev director, 10 percent owner, officer: Chief Executive Officer C/O SEMRUSH HOLDINGS, INC., 800 BOYLSTON STREET, SUITE 2475, BOSTON MA 02199
Vitalii Obishchenko officer: Chief Product Officer C/O SEMRUSH HOLDINGS, INC., 800 BOYLSTON STREET, SUITE 2475, BOSTON MA 02199
Mark Vranesh director C/O ZYNGA INC., 699 EIGHTH STREET, SAN FRANCISCO CA 94103
David W Mason officer: General Counsel 210 BROADWAY, CAMBRIDGE MA 02139
William Raymond Wagner director C/O VOCUS, INC., 4296 FORBES BOULEVARD, LANHAM MD 20706
Steven Aldrich director C/O GODADDY INC., 14455 N. HAYDEN RD. #219, SCOTTSDALE AZ 85260
Anna Baird director C/O SEATGEEK, INC., 902 BROADWAY,10TH FLOOR, NEW YORK NY 10010
Brian Mulroy officer: Chief Financial Officer C/O SEMRUSH HOLDINGS, INC., 800 BOYLSTON STREET, SUITE 2475, BOSTON MA 02199
Evgeny Fetisov officer: Chief Financial Officer C/O SEMRUSH HOLDINGS, INC., 800 BOYLSTON STREET, SUITE 2475, BOSTON MA 02199
Semr Holdings Ltd. 10 percent owner 2-4 ARCH. MAKARIOS III AVENUE, 9TH FLOOR CAPITAL CENTER, NICOSIA PC G4 1065
Delbert M Humenik officer: Chief Revenue Officer 911 PANORAMA TRAIL SOUTH, ROCHESTER NY 14625
Greycroft Growth Ii, L.p. 10 percent owner 292 MADISON AVENUE, 20TH FLOOR, NEW YORK NY 10017