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Authentic Holdings (Authentic Holdings) Operating Income : $-0.39 Mil (TTM As of Sep. 2023)


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What is Authentic Holdings Operating Income?

Authentic Holdings's Operating Income for the three months ended in Sep. 2023 was $-0.09 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Sep. 2023 was $-0.39 Mil.

Warning Sign:

Authentic Holdings Inc has never been profitable in the past 3 years. It lost money every year.

Operating Margin % is calculated as Operating Income divided by its Revenue. Authentic Holdings's Operating Income for the three months ended in Sep. 2023 was $-0.09 Mil. Authentic Holdings's Revenue for the three months ended in Sep. 2023 was $0.00 Mil. Therefore, Authentic Holdings's Operating Margin % for the quarter that ended in Sep. 2023 was %.

Authentic 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. Authentic Holdings's annualized ROC % for the quarter that ended in Sep. 2023 was -7.33%. Authentic Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was -6,400.00%.


Authentic Holdings Operating Income Historical Data

The historical data trend for Authentic 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.

Authentic Holdings Operating Income Chart

Authentic Holdings Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Operating Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.34 -0.68 -0.37 -0.34 -0.42

Authentic Holdings Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 -0.17 -0.08 -0.12 -0.11 -0.09

Authentic 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 Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.39 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.


Authentic Holdings  (OTCPK:AHRO) Operating Income Explanation

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

Authentic Holdings's annualized ROC % for the quarter that ended in Sep. 2023 is calculated as:

ROC % (Q: Sep. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2023 ) + Invested Capital (Q: Sep. 2023 ))/ count )
=-0.34 * ( 1 - 0% )/( (4.278 + 5.005)/ 2 )
=-0.34/4.6415
=-7.33 %

where

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

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

Authentic Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2023 is calculated as:

ROC (Joel Greenblatt) %(Q: Sep. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2023  Q: Sep. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-2.592/( ( (0.046 + max(-2.005, 0)) + (0.035 + max(-2.561, 0)) )/ 2 )
=-2.592/( ( 0.046 + 0.035 )/ 2 )
=-2.592/0.0405
=-6,400.00 %

where Working Capital is:

Working Capital(Q: Jun. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.45) - (0.644 + 0 + 1.811)
=-2.005

Working Capital(Q: Sep. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.45) - (0.636 + 0 + 2.375)
=-2.561

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Sep. 2023) EBIT data.

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

Authentic Holdings's Operating Margin % for the quarter that ended in Sep. 2023 is calculated as:

Operating Margin %=Operating Income (Q: Sep. 2023 )/Revenue (Q: Sep. 2023 )
=-0.085/0
= %

* 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.


Authentic Holdings Operating Income Related Terms

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Authentic Holdings (Authentic Holdings) Business Description

Traded in Other Exchanges
N/A
Address
50 Division Street, Suite 501, Somerville, NJ, USA, 08873
Authentic Holdings Inc formerly Global Fiber Technologies Inc operates through two separate subsidiaries one of the subsidiary named Authentic Heroes is into has patented technology that takes the original event worn apparel from an iconic individual and creates "Fan-wear" collectibles containing fibers from that original. This subsidiary also in the business of creating vinyl records for distribution into retail department stores and online sales. Another subsidiary named Ecotek360 its in development stage which plans on offering branded fabrics, apparel and uniforms to the corporate, hotel, hospital and military markets.
Executives
Peter J Vazquez officer: Secretary 18 HOOK MOUNTAIN ROAD, SUITE 201, PINE BROOK NJ 07058
Paul Serbiak director 50 DIVISION STREET, SOMERVILLE NJ 08876
Jonathan Schultz 10 percent owner 35602 NE AMMETER ROAD, WASHOUGAL WA 98671
Chris Giordano director 32 BRIDGES RD, STE 330, FAIRFIELD NJ 07006
Donald J Trump 10 percent owner 725 FIFTH AVENUE, 24TH FL, NEW YORK NY 10022
Michael A Jacobson director, 10 percent owner, officer: President and CEO C/O PREMIERE PUBLISHING GROUP, INC., 386 PARK AVENUE SOUTH, 16TH FLOOR, NEW YORK NY 10016
Damm Al Van officer: Controller and P.F.O. C/O PREMIERE PUBLISHING GROUP, INC., 386 PARK AVENUE SOUTH, 16TH FLOOR, NEW YORK NY 10016