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Anzu Special Acquisition I (Anzu Special Acquisition I) Operating Income : $-5.09 Mil (TTM As of Jun. 2023)


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What is Anzu Special Acquisition I Operating Income?

Anzu Special Acquisition I's Operating Income for the three months ended in Jun. 2023 was $-0.10 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Jun. 2023 was $-5.09 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Anzu Special Acquisition I's Operating Income for the three months ended in Jun. 2023 was $-0.10 Mil. Anzu Special Acquisition I's Revenue for the three months ended in Jun. 2023 was $0.00 Mil. Therefore, Anzu Special Acquisition I's Operating Margin % for the quarter that ended in Jun. 2023 was %.

Anzu Special Acquisition I'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. Anzu Special Acquisition I's annualized ROC % for the quarter that ended in Jun. 2023 was -0.93%. Anzu Special Acquisition I's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2023 was %.

Anzu Special Acquisition I Operating Income Historical Data

The historical data trend for Anzu Special Acquisition I'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.

Anzu Special Acquisition I Operating Income Chart

Anzu Special Acquisition I Annual Data
Trend Dec20 Dec21 Dec22
Operating Income
- -5.21 -4.89

Anzu Special Acquisition I Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
Operating Income Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.90 -1.03 -1.47 -2.49 -0.10

Anzu Special Acquisition I 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 Jun. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-5.09 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.

Anzu Special Acquisition I  (NAS:ANZUU) Operating Income Explanation

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

Anzu Special Acquisition I's annualized ROC % for the quarter that ended in Jun. 2023 is calculated as:

ROC % (Q: Jun. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Mar. 2023 ) + Invested Capital (Q: Jun. 2023 ))/ count )
=-0.396 * ( 1 - -11.9% )/( (47.638 + 47.335)/ 2 )
=-0.443124/47.4865
=-0.93 %

where

Invested Capital(Q: Mar. 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))
=45.921 - 7.265 - ( 0.104 - max(0, 9.499 - 0.517+0.104))
=47.638

Invested Capital(Q: Jun. 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))
=45.043 - 6.657 - ( 0.133 - max(0, 9.347 - 0.398+0.133))
=47.335

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

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

Anzu Special Acquisition I's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2023 is calculated as:

ROC (Joel Greenblatt) %(Q: Jun. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2023  Q: Jun. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-0.396/( ( (0 + max(-6.852, 0)) + (0 + max(-6.392, 0)) )/ 2 )
=-0.396/( ( 0 + 0 )/ 2 )
=-0.396/0
= %

where Working Capital is:

Working Capital(Q: Mar. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.413) - (7.265 + 0 + 1.7763568394003E-15)
=-6.852

Working Capital(Q: Jun. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.265) - (6.657 + 0 + 0)
=-6.392

When net working capital is negative, 0 is used.

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

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

Anzu Special Acquisition I's Operating Margin % for the quarter that ended in Jun. 2023 is calculated as:

Operating Margin %=Operating Income (Q: Jun. 2023 )/Revenue (Q: Jun. 2023 )
=-0.099/0
= %

* 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.

Anzu Special Acquisition I Operating Income Related Terms

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Anzu Special Acquisition I (Anzu Special Acquisition I) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Anzu Special Acquisition Corp I (NAS:ANZUU) » Definitions » Operating Income
Comparable Companies
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Traded in Other Exchanges
N/A
Address
12610 Race Track Road, Suite 250, Tampa, FL, USA, 33626
Website
https://www.anzuspac.com
Anzu Special Acquisition Corp I is a blank check company.
Executives
Charles Brynelsen director 100 ABBOTT PARK ROAD, ABBOTT PARK IL 60064
Mona Chetan Patel director C/O 4875 WHITE BEAR LAKE PARKWAY, WHITE BEAR LAKE MN 55110
Janis Smith-gomez director C/O 4875 WHITE BEAR PARKWAY, WHITE BEAR LAKE MN 55110
Brent T. Lucas director, officer: Chief Executive Officer C/O 4875 WHITE BEAR PARKWAY, WHITE BEAR LAKE MN 55110
David R. Wells officer: Chief Financial Officer 2801 OCEAN PARK BLVD., SUITE 339, SANTA MONICA CA 90405
Glen A Taylor director, 10 percent owner C/O TAYLOR CORP, 1725 ROE CREST DR, N MANKALO MN 56002
Plc Barclays 10 percent owner 1 CHURCHILL PLACE, CANARY WHARF, LONDON X0 E14 5HP
Atlas Merchant Capital Llc 10 percent owner 477 MADISON AVENUE, 22ND FLOOR, NEW YORK NY 10022
Daniel J. Hirsch director, officer: CFO and Corporate Secretary 748 DIAMOND STREET, SAN FRANCISCO CA 94114
Diane L Dewbrey director FIFTH THIRD BANCORP, 38 FOUNTAIN SQ PLZ, CINCINNATI OH 45263
Peter Ganz officer: GC and Corporate Secretary C/O FOSTER WHEELER LTD., PERRYVILLE CORPORATE PARK, CLINTON NJ 08809-4000
Teresa A Harris director 1820 E BIG BEAVER RD, TROY MI 48083
Susan Kantor director C/O LIONBRIDGE TECHNOLOGIES, INC., 1050 WINTER STREET, SUITE 2300, WALTHAM MA 02451
Anzu Spac Gp I Llc 10 percent owner 12610 RACE TRACT ROAD, SUITE 250, TAMPA FL 33626
Whitney Haring-smith director, officer: Chief Executive Officer 12610 RACE TRACT ROAD, SUITE 250, TAMPA FL 33626