ADTI (Adapti) Operating Income: $-5.64 Mil (TTM As of Dec. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

ADTI Adapti Inc ADTI
19 GF Score
Price $2.91
! 3 Warning Signs
View Full Analysis

What is Adapti Operating Income?

Adapti ADTI -0.33% 19 Operating Income is $-5.64 Mil as of Dec. 2025. GuruFocus rates ADTI with a GF Score™ of 19/100. The stock has 3 warning signs investors should review.

Adapti's Operating Income for the three months ended in Dec. 2025 was $-2.73 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2025 was $-5.64 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Adapti's Operating Income for the three months ended in Dec. 2025 was $-2.73 Mil. Adapti's Revenue for the three months ended in Dec. 2025 was $1.53 Mil. Therefore, Adapti's Operating Margin % for the quarter that ended in Dec. 2025 was -178.70%.

Adapti'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. Adapti's annualized ROC % for the quarter that ended in Dec. 2025 was -36.06%. Adapti's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was -1,542.86%.


Adapti  (OTCPK:ADTI) Operating Income Explanation

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

Adapti's annualized ROC % for the quarter that ended in Dec. 2025 is calculated as:

ROC % (Q: Dec. 2025 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2025 ) + Invested Capital (Q: Dec. 2025 ))/ count )
=-10.908 * ( 1 - 0% )/( (31.168 + 29.329)/ 2 )
=-10.908/30.2485
=-36.06 %

where

Note: The Operating Income data used here is four times the quarterly (Dec. 2025) data.

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

Adapti's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2025 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2025  Q: Dec. 2025
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-10.908/( ( (0.742 + max(-3.888, 0)) + (0.672 + max(-3.716, 0)) )/ 2 )
=-10.908/( ( 0.742 + 0.672 )/ 2 )
=-10.908/0.707
=-1,542.86 %

where Working Capital is:

Working Capital(Q: Sep. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.06 + 0 + 0.312) - (4.261 + 0 + -0.0010000000000003)
=-3.888

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.246 + 0 + 0.306) - (4.268 + 0 + 8.8817841970013E-16)
=-3.716

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Dec. 2025) EBIT data.

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

Adapti's Operating Margin % for the quarter that ended in Dec. 2025 is calculated as:

Operating Margin %=Operating Income (Q: Dec. 2025 )/Revenue (Q: Dec. 2025 )
=-2.727/1.526
=-178.70 %

* 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.


Adapti Operating Income Related Terms


Adapti Operating Income Historical Data

* Premium members only.

The historical data trend for Adapti'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.

Adapti Operating Income Chart

Adapti Annual Data
Trend Mar08 Mar09 Mar10 Mar24 Mar25
Operating Income
-0.03 -0.02 -0.02 -1.70 -0.90

Adapti Quarterly Data
Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 -0.27 -0.23 -0.28 -2.41 -2.73
ADTI
19GF Score
Adapti Inc ADTI
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Adapti 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. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was $-5.64 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.

Frequently Asked Questions Learn more about Operating Income →
What does a Operating Income of $-5.64 Mil mean?
Adapti (ADTI) has a Operating Income of $-5.64 Mil as of Dec. 2025. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Adapti and its competitors.
Is Adapti's Operating Income too high?
Adapti's current Operating Income is $-5.64 Mil. Overall, Adapti has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does Adapti's Operating Income compare to DSY and UG?
Adapti's Operating Income of $-5.64 Mil can be compared against companies in the Consumer Packaged Goods industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Operating Income for a Consumer Packaged Goods company?
A good Operating Income depends on the Consumer Packaged Goods industry context. However, Operating Income should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Operating Income mean?
A high Operating Income can signal that a stock is expensive relative to its fundamentals. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Adapti and its competitors. Adapti's current Operating Income is $-5.64 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Adapti stock overvalued right now?
Adapti (ADTI) has a current Operating Income of $-5.64 Mil. The current Operating Income is $-5.64 Mil. Adapti's overall GF Score™ is 19/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Operating Income calculated?
Operating Income is calculated from a company's financial statements. For Adapti (ADTI), the current Operating Income is $-5.64 Mil as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Adapti Business Description

Address 2278 Monitor Street, Dallas, TX, USA, 85004
Adapti Inc, the Company manages the sales and brand development of health and beauty products through the Dermacia product line. The Company seeks to acquire or license performing brands to add to the Company's portfolio of products and brands sold online and through strategic retail relationships. The Company has expertise manufacturing, distributing, marketing, and selling online consumer packaged goods and seeks to leverage its expertise to grow additional acquired brands.
19GF Score

Get the complete analysis for ADTI

Operating Income is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$2.91
Price