Larvotto Resources (ASX:LRV) Operating Income: A$-20.23 Mil (TTM As of Dec. 2025)


ASX:LRV Larvotto Resources Ltd ASX:LRV
32 GF Score
Price A$1.28
! 3 Warning Signs
View Full Analysis

What is Larvotto Resources Operating Income?

Larvotto Resources ASX:LRV +0.39% 32 Operating Income is A$-20.23 Mil as of Dec. 2025. GuruFocus rates ASX:LRV with a GF Score™ of 32/100. The stock has 3 warning signs investors should review.

Larvotto Resources's Operating Income for the six months ended in Dec. 2025 was A$-7.28 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2025 was A$-20.23 Mil.

Warning Sign:

Larvotto Resources 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. Larvotto Resources's Operating Income for the six months ended in Dec. 2025 was A$-7.28 Mil. Larvotto Resources's Revenue for the six months ended in Dec. 2025 was A$0.00 Mil. Therefore, Larvotto Resources's Operating Margin % for the quarter that ended in Dec. 2025 was %.

Larvotto Resources'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. Larvotto Resources's annualized ROC % for the quarter that ended in Dec. 2025 was -25.62%. Larvotto Resources's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was -23.90%.

Larvotto Resources  (ASX:LRV) Operating Income Explanation

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

Larvotto Resources'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 )
=-14.554 * ( 1 - 0% )/( (27.285 + 86.334)/ 2 )
=-14.554/56.8095
=-25.62 %

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))
=53.927 - 3.655 - ( 26.577 - max(0, 4.461 - 27.448+26.577))
=27.285

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))
=263.616 - 9.384 - ( 179.443 - max(0, 13.622 - 181.52+179.443))
=86.334

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:

Larvotto Resources'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 )
=-11.764/( ( (21.42 + max(-3.442, 0)) + (77.037 + max(-9.834, 0)) )/ 2 )
=-11.764/( ( 21.42 + 77.037 )/ 2 )
=-11.764/49.2285
=-23.90 %

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)
=(0.677 + 0.195 + -0.0010000000000012) - (3.655 + 0 + 0.658)
=-3.442

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.001 + 0.058 + 0.435) - (9.384 + 0 + 0.944)
=-9.834

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 %:

Larvotto Resources'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 )
=-7.277/0
= %

* 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.

Larvotto Resources Operating Income Related Terms

Larvotto Resources Operating Income Historical Data

* Premium members only.

The historical data trend for Larvotto Resources'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.

Larvotto Resources Operating Income Chart

Larvotto Resources Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Operating Income
-1.52 -3.37 -6.17 -13.71 -20.23

Larvotto Resources Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Operating Income Get a 7-Day Free Trial Premium Member Only -3.37 -4.42 -9.29 -12.95 -7.28
ASX:LRV
32GF Score
Larvotto Resources Ltd ASX:LRV
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Larvotto Resources 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$-20.23 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$-20.23 Mil mean?
Larvotto Resources (ASX:LRV) has a Operating Income of A$-20.23 Mil as of Dec. 2025. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Larvotto Resources and its competitors.
Is Larvotto Resources' Operating Income too high?
Larvotto Resources' current Operating Income is A$-20.23 Mil. Overall, Larvotto Resources has a GF Score™ of 32/100, reflecting its overall financial health beyond just this single metric.
How does Larvotto Resources' Operating Income compare to HL?
Larvotto Resources' Operating Income of A$-20.23 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 Larvotto Resources and its competitors. Larvotto Resources's current Operating Income is A$-20.23 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Larvotto Resources stock overvalued right now?
Larvotto Resources (ASX:LRV) has a current Operating Income of A$-20.23 Mil. The current Operating Income is A$-20.23 Mil. Larvotto Resources' overall GF Score™ is 32/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Operating Income calculated?
Operating Income is calculated from a company's financial statements. For Larvotto Resources (ASX:LRV), the current Operating Income is A$-20.23 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.

Larvotto Resources Business Description

Other Exchanges K6X:Germany
Address 88 Broadway, Suite 1, Nedlands, WA, AUS, 6009
Larvotto Resources Ltd is engaged in the exploration and evaluation of mineral resources projects in New South Wales, Western Australia, Queensland, and New Zealand. Its portfolio of projects includes the Hillgrove Gold Antimony project, the Mt Isa Copper project, and the Eyre project. The group has two reportable segments, which comprise the Hillgrove Project and Exploration.
32GF Score

Get the complete analysis for ASX:LRV

Operating Income is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

A$1.28
Price