AXEL REE (ASX:AXL) Operating Income: A$-3.85 Mil (TTM As of Dec. 2025)


What is AXEL REE Operating Income?

AXEL REE ASX:AXL Operating Income is A$-3.85 Mil as of Dec. 2025.

AXEL REE's Operating Income for the six months ended in Dec. 2025 was A$-1.76 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2025 was A$-3.85 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. AXEL REE's Operating Income for the six months ended in Dec. 2025 was A$-1.76 Mil. AXEL REE's Revenue for the six months ended in Dec. 2025 was A$0.00 Mil. Therefore, AXEL REE's Operating Margin % for the quarter that ended in Dec. 2025 was %.

AXEL REE'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. AXEL REE's annualized ROC % for the quarter that ended in Dec. 2025 was -660.06%. AXEL REE's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was -863.65%.

AXEL REE  (ASX:AXL) Operating Income Explanation

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

AXEL REE'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 )
=-3.528 * ( 1 - 0% )/( (0.525 + 0.544)/ 2 )
=-3.528/0.5345
=-660.06 %

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))
=9.459 - 0.22 - ( 8.714 - max(0, 0.23 - 9.304+8.714))
=0.525

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))
=7.821 - 0.173 - ( 7.104 - max(0, 0.183 - 7.681+7.104))
=0.544

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:

AXEL REE'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 )
=-3.528/( ( (0.14 + max(0.157, 0)) + (0.126 + max(0.394, 0)) )/ 2 )
=-3.528/( ( 0.297 + 0.52 )/ 2 )
=-3.528/0.4085
=-863.65 %

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 + 0 + 0.387) - (0.22 + 0 + 0.01)
=0.157

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.21 + 0 + 0.367) - (0.173 + 0 + 0.01)
=0.394

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 %:

AXEL REE'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 )
=-1.764/0
= %

* 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.

AXEL REE Operating Income Related Terms

AXEL REE Operating Income Historical Data

* Premium members only.

The historical data trend for AXEL REE'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.

AXEL REE Operating Income Chart

AXEL REE Annual Data
Trend Jun24 Jun25
Operating Income
-2.25 -3.64

AXEL REE Semi-Annual Data
Dec23 Jun24 Dec24 Jun25 Dec25
Operating Income -0.98 -1.27 -1.55 -2.09 -1.76

AXEL REE 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$-3.85 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$-3.85 Mil mean?
AXEL REE (ASX:AXL) has a Operating Income of A$-3.85 Mil as of Dec. 2025. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on AXEL REE and its competitors.
Is AXEL REE's Operating Income too high?
AXEL REE's current Operating Income is A$-3.85 Mil.
How does AXEL REE's Operating Income compare to competitors?
AXEL REE's Operating Income of A$-3.85 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 AXEL REE and its competitors. AXEL REE's current Operating Income is A$-3.85 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AXEL REE stock overvalued right now?
AXEL REE (ASX:AXL) has a current Operating Income of A$-3.85 Mil. The current Operating Income is A$-3.85 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Operating Income calculated?
Operating Income is calculated from a company's financial statements. For AXEL REE (ASX:AXL), the current Operating Income is A$-3.85 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.

AXEL REE Business Description

Other Exchanges HN8:Germany
Address 832 High Street, Kew East, VIC, AUS, 3102
AXEL REE Ltd is a pioneering exploration and development company focused on Rare Earth Elements in Brazil. The company is engaged in exploring and developing mineral resource opportunities and holds an interest in four projects across Brazil. These projects include the Caladao Project in northern Minas Gerais State, the Caldas Project bordering Sao Paulo in southern Minas Gerais State, the Itiquira Project in Mato Grosso State, and the Corrente Project in Piaui State. The company mainly operates in mineral exploration within Australia and Brazil.