Lion Energy (ASX:LIO) Operating Income: A$-2.15 Mil (TTM As of Dec. 2025)

What is Lion Energy Operating Income?

Lion Energy ASX:LIO Operating Income is A$-2.15 Mil as of Dec. 2025. The stock has 5 warning signs investors should review.

Lion Energy's Operating Income for the six months ended in Dec. 2025 was A$-1.07 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2025 was A$-2.15 Mil.

Warning Sign:

Lion Energy 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. Lion Energy's Operating Income for the six months ended in Dec. 2025 was A$-1.07 Mil. Lion Energy's Revenue for the six months ended in Dec. 2025 was A$0.00 Mil. Therefore, Lion Energy's Operating Margin % for the quarter that ended in Dec. 2025 was %.

Lion Energy'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. Lion Energy's annualized ROC % for the quarter that ended in Dec. 2025 was -23.79%. Lion Energy's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was -119.46%.

Lion Energy (ASX:LIO) Operating Income Explanation

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

Lion Energy'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 )
=	-2.134 * ( 1 - 0% )	/	( (10.089	+	7.852)	/ 2 )
=	-2.134	/	8.9705
=	-23.79 %

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	))
=	11.615	-	0.241	-	( 2.172	-	max(0, 2.305	-	3.59	+	2.172	))
=	10.089

	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	))
=	8.169	-	0.19	-	( 1.752	-	max(0, 3.058	-	3.185	+	1.752	))
=	7.852

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:

Lion Energy'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 )
=	-8.082	/	( ( (7.933 + max(0.704, 0))	+	(4.894 + max(-0.951, 0)) )	/	2 )
=	-8.082	/	( ( 8.637	+	4.894 )	/	2 )
=	-8.082	/	6.7655
=	-119.46 %

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)
=	(1.076	+	0	+	0.342)	-	(0.241	+	0	+	0.473)
=	0.704

	Working Capital		(Q: Dec. 2025 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0.134	+	0	+	0.5)	-	(0.19	+	0	+	1.395)
=	-0.951

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 %:

Lion Energy'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 )
	=	-1.067	/	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.

Lion Energy Operating Income Related Terms

Lion Energy Operating Income Historical Data

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The historical data trend for Lion Energy's Operating Income can be seen below:

Lion Energy Operating Income Chart

Lion Energy Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

Operating Income

Get a 7-Day Free Trial

-1.18

-1.56

-2.25

-2.02

-2.15

Lion Energy 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															-0.57	-0.99	-1.03	-1.08	-1.07

Lion Energy 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$-2.15 Mil.

Frequently Asked Questions Learn more about Operating Income →

What does a Operating Income of A$-2.15 Mil mean?

Lion Energy (ASX:LIO) has a Operating Income of A$-2.15 Mil as of Dec. 2025. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Lion Energy and its competitors.

Is Lion Energy's Operating Income too high?

Lion Energy's current Operating Income is A$-2.15 Mil.

How does Lion Energy's Operating Income compare to COP and EOG?

Lion Energy's Operating Income of A$-2.15 Mil can be compared against companies in the Oil & Gas 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 an Oil & Gas company?

A good Operating Income depends on the Oil & Gas 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 Lion Energy and its competitors. Lion Energy's current Operating Income is A$-2.15 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Lion Energy stock overvalued right now?

Based on GuruFocus' analysis, Lion Energy (ASX:LIO) is currently considered Modestly Overvalued. The stock's GF Value™ is A$0.01, compared to a current price of A$0.01 — trading 20% above its estimated fair value. The current Operating Income is A$-2.15 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 Lion Energy (ASX:LIO), the current Operating Income is A$-2.15 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.

Lion Energy Business Description

Industry Energy Oil & Gas

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Address 295 Rokeby Road, Suite 1, Subiaco, Perth, WA, AUS, 6008

Website https://www.lionenergy.com.au

Lion Energy Ltd is engaged in oil and gas exploration, development, and production; making investments in the oil and gas industry; and exploring green hydrogen opportunities. The company holds interests in the Seram (Non Bula) Block PSC and the East Seram PSC oil and gas fields located on Seram Island, East Indonesia. In addition, it has a green hydrogen production and refueling hub at the Port of Brisbane in Australia. The company has two reporting segments: Oil & Gas and Green Hydrogen. A majority of its revenue is generated from the Oil & Gas segment, which derives income through the sale of oil lifted from the Seram (Non-Bula) PSC block located in Indonesia.