ABx Group (ASX:ABX) Operating Income: A$-4.12 Mil (TTM As of Dec. 2025)


What is ABx Group Operating Income?

ABx Group ASX:ABX -2.27% Operating Income is A$-4.12 Mil as of Dec. 2025. The stock has 4 warning signs investors should review.

ABx Group's Operating Income for the six months ended in Dec. 2025 was A$-1.92 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2025 was A$-4.12 Mil.

Warning Sign:

ABx Group Ltd 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. ABx Group's Operating Income for the six months ended in Dec. 2025 was A$-1.92 Mil. ABx Group's Revenue for the six months ended in Dec. 2025 was A$0.00 Mil. Therefore, ABx Group's Operating Margin % for the quarter that ended in Dec. 2025 was %.

Warning Sign:

ABx Group Ltd operating margin has been in a 5-year decline. The average rate of decline per year is -49.7%.

ABx Group's 5-Year average Growth Rate for Operating Margin % was -49.70% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. ABx Group's annualized ROC % for the quarter that ended in Dec. 2025 was -19.89%. ABx Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was -172.48%.

ABx Group  (ASX:ABX) Operating Income Explanation

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

ABx Group'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: Jun. 2025 ) + Invested Capital (Q: Dec. 2025 ))/ count )
=-3.848 * ( 1 - 0% )/( (21.44 + 17.252)/ 2 )
=-3.848/19.346
=-19.89 %

where

Invested Capital(Q: Jun. 2025 )
=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))
=18.709 - 0.444 - ( 1.874 - max(0, 6.443 - 3.268+1.874))
=21.44

Invested Capital(Q: Dec. 2025 )
=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))
=20.656 - 0.756 - ( 3.906 - max(0, 5.831 - 8.479+3.906))
=17.252

Note: The Operating Income data used here is two times the semi-annual (Dec. 2025) data.

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

ABx Group'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: Jun. 2025  Q: Dec. 2025
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-9.566/( ( (0.062 + max(-3.453, 0)) + (11.03 + max(-1.353, 0)) )/ 2 )
=-9.566/( ( 0.062 + 11.03 )/ 2 )
=-9.566/5.546
=-172.48 %

where Working Capital is:

Working Capital(Q: Jun. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.195 + 0 + 1.199) - (0.444 + 0 + 4.403)
=-3.453

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.002 + 0 + 2.716) - (0.756 + 0 + 3.315)
=-1.353

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Dec. 2025) EBIT data.

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

ABx Group'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 )
=-1.924/0
= %

* 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.

ABx Group Operating Income Related Terms

ABx Group Operating Income Historical Data

* Premium members only.

The historical data trend for ABx Group'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.

ABx Group Operating Income Chart

ABx Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Operating Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only -6.38 -5.28 -3.26 -4.61 -4.12

ABx Group Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 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 -1.86 -1.19 -3.42 -2.19 -1.92

ABx Group 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 semi-annually data reported by the company within the most recent 12 months, which was A$-4.12 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 A$-4.12 Mil mean?
ABx Group (ASX:ABX) has a Operating Income of A$-4.12 Mil as of Dec. 2025. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on ABx Group and its competitors.
Is ABx Group's Operating Income too high?
ABx Group's current Operating Income is A$-4.12 Mil.
How does ABx Group's Operating Income compare to AA and CENX?
ABx Group's Operating Income of A$-4.12 Mil can be compared against companies in the Metals & Mining 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 Metals & Mining company?
A good Operating Income depends on the Metals & Mining 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 ABx Group and its competitors. ABx Group's current Operating Income is A$-4.12 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ABx Group stock overvalued right now?
ABx Group (ASX:ABX) has a current Operating Income of A$-4.12 Mil. The current Operating Income is A$-4.12 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Operating Income calculated?
Operating Income is calculated from a company's financial statements. For ABx Group (ASX:ABX), the current Operating Income is A$-4.12 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.

ABx Group Business Description

Address 385 Bourke Street, Suite 2, Level 11, Melbourne, VIC, AUS, 3000
ABx Group Ltd is an Australian resources company focused on supplying materials for a cleaner future. The group provides critical minerals such as Heavy rare earths: supplying light and heavy rare earths from Tasmania into Western supply chains; Clean fluorine chemical production: producing industrial chemicals from aluminum smelter by-product (ALCORE); and Near-term bauxite production: mining bauxite resources for the aluminum, cement, and fertilizer industries. Its Priority Projects Deep Leads-rare earths, ALCORE-clean fluorine chemical production, Sunrise-bauxite, Taralga & Penrose - bauxite, and DL130-bauxite. The company operates in one segment being mineral, exploration and development of resources in Australia.