Adherium's Operating Income for the
six
months ended in Dec. 2025 was A$-5.98 Mil.
Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2025 was A$-13.46 Mil.
Warning Sign:
Adherium 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. Adherium's Operating Income for the
six
months ended in Dec. 2025 was A$-5.98 Mil. Adherium's Revenue for the
six
months ended in Dec. 2025 was A$0.80 Mil. Therefore, Adherium's Operating Margin % for the quarter that ended in Dec. 2025 was -745.94%.
Warning Sign:
Adherium Ltd operating margin has been in a 5-year decline. The average rate of decline per year is -7.9%.
Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.
Adherium's annualizedROC % for the quarter that ended in Dec. 2025 was -297.04%.
Adherium's annualizedROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was -10,717.37%.
Adherium (ASX:ADRDB) Operating Income Explanation
1. Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.
Adherium's annualizedROC % for the quarter that ended in Dec. 2025 is calculated as:
* 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.
Adherium Operating Income Related Terms
Adherium Operating Income Historical Data
* Premium members only.
The historical data trend for Adherium'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.
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$-13.46 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.
What does a Operating Income of A$-13.46 Mil mean?
Adherium (ASX:ADRDB) has a Operating Income of A$-13.46 Mil as of Dec. 2025. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Adherium and its competitors.
Is Adherium's Operating Income too high?
Adherium's current Operating Income is A$-13.46 Mil. Overall, Adherium has a GF Score™ of 8/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Adherium's Operating Income compare to ABT and SYK?
Adherium's Operating Income of A$-13.46 Mil can be compared against companies in the Medical Devices & Instruments 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 Medical Devices & Instruments company?
A good Operating Income depends on the Medical Devices & Instruments 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 Adherium and its competitors. Adherium's current Operating Income is A$-13.46 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Adherium stock overvalued right now?
Based on GuruFocus' analysis, Adherium (ASX:ADRDB) is currently considered Possible Value Trap. The stock's GF Value™ is A$0.35, compared to a current price of A$0.20 — trading 42.9% below its estimated fair value. The current Operating Income is A$-13.46 Mil. Adherium's overall GF Score™ is 8/100 with 8 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 Adherium (ASX:ADRDB), the current Operating Income is A$-13.46 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.
Is Adherium (ASX:ADRDB) Overvalued in 2026?
Based on GuruFocus' analysis, Adherium stock appears to be undervalued.
The current stock price of A$0.20 is trading 42.9% below its estimated GF Value™ of A$0.35.
GuruFocus considers Adherium to be Possible Value Trap.
Key valuation signals for ASX:ADRDB:
Operating Income: A$-13.46 Mil
GF Value™: A$0.35 vs. price of A$0.20 (42.9% below fair value)
No single metric tells the full story. See the ASX:ADRDB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Adherium Ltd is engaged in the development, manufacture, and supply of its Hailie digital health technologies that address sub-optimal medication use and improve health outcomes in chronic disease. It is an international Respiratory eHealth company focused on patient medication adherence, remote monitoring, and data management solutions for patients, payers, and providers. Its geographically segments include New Zealand and Australia, Europe, North America, and Asia. The majority of its revenue comes from Europe.
8GF Score
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