Galaxy Cosmos Mezz (ATH:GCMEZZ) Operating Income: €2.26 Mil (TTM As of Dec. 2025)

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ATH:GCMEZZ Galaxy Cosmos Mezz PLC ATH:GCMEZZ
36 GF Score
Price €0.26
GF Value €0.24
Valuation Fairly Valued
! 1 Warning Sign
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What is Galaxy Cosmos Mezz Operating Income?

Galaxy Cosmos Mezz ATH:GCMEZZ -0.39% 36 Operating Income is €2.26 Mil as of Dec. 2025. GuruFocus rates ATH:GCMEZZ with a GF Score™ of 36/100 and a GF Value™ of €0.24 (Fairly Valued). The stock has 1 warning sign investors should review.

Galaxy Cosmos Mezz's Operating Income for the six months ended in Dec. 2025 was €2.12 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2025 was €2.26 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Galaxy Cosmos Mezz's Operating Income for the six months ended in Dec. 2025 was €2.12 Mil. Galaxy Cosmos Mezz's Revenue for the six months ended in Dec. 2025 was €0.28 Mil. Therefore, Galaxy Cosmos Mezz's Operating Margin % for the quarter that ended in Dec. 2025 was 749.12%.

Galaxy Cosmos Mezz'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. Galaxy Cosmos Mezz's annualized ROC % for the quarter that ended in Dec. 2025 was 94.82%. Galaxy Cosmos Mezz's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 21,743.59%.


Galaxy Cosmos Mezz  (ATH:GCMEZZ) Operating Income Explanation

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

Galaxy Cosmos Mezz'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 )
=4.24 * ( 1 - 0.32% )/( (4.451 + 4.464)/ 2 )
=4.226432/4.4575
=94.82 %

where

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:

Galaxy Cosmos Mezz'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 )
=4.24/( ( (0 + max(0.028, 0)) + (0 + max(0.011, 0)) )/ 2 )
=4.24/( ( 0.028 + 0.011 )/ 2 )
=4.24/0.0195
=21,743.59 %

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 + 0.16) - (0.074 + 0 + 0.058)
=0.028

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.165) - (0.062 + 0 + 0.092)
=0.011

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 %:

Galaxy Cosmos Mezz'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 )
=2.12/0.283
=749.12 %

* 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.


Galaxy Cosmos Mezz Operating Income Related Terms


Galaxy Cosmos Mezz Operating Income Historical Data

* Premium members only.

The historical data trend for Galaxy Cosmos Mezz'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.

Galaxy Cosmos Mezz Operating Income Chart

Galaxy Cosmos Mezz Annual Data
Trend Dec22 Dec23 Dec24 Dec25
Operating Income
0.00 5.39 -4.63 2.26

Galaxy Cosmos Mezz Semi-Annual Data
Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Operating Income Get a 7-Day Free Trial 0.52 -3.47 -1.16 0.14 2.12
ATH:GCMEZZ
36GF Score
Galaxy Cosmos Mezz PLC ATH:GCMEZZ
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Galaxy Cosmos Mezz 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 €2.26 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 €2.26 Mil mean?
Galaxy Cosmos Mezz (ATH:GCMEZZ) has a Operating Income of €2.26 Mil as of Dec. 2025. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Galaxy Cosmos Mezz and its competitors.
Is Galaxy Cosmos Mezz's Operating Income too high?
Galaxy Cosmos Mezz's current Operating Income is €2.26 Mil. Overall, Galaxy Cosmos Mezz has a GF Score™ of 36/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Galaxy Cosmos Mezz's Operating Income compare to BLK and BX?
Galaxy Cosmos Mezz's Operating Income of €2.26 Mil can be compared against companies in the Asset Management 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 Asset Management company?
A good Operating Income depends on the Asset Management 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 Galaxy Cosmos Mezz and its competitors. Galaxy Cosmos Mezz's current Operating Income is €2.26 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Galaxy Cosmos Mezz stock overvalued right now?
Based on GuruFocus' analysis, Galaxy Cosmos Mezz (ATH:GCMEZZ) is currently considered Fairly Valued. The stock's GF Value™ is €0.24, compared to a current price of €0.26 — trading 6.3% above its estimated fair value. The current Operating Income is €2.26 Mil. Galaxy Cosmos Mezz's overall GF Score™ is 36/100 with 1 warning sign 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 Galaxy Cosmos Mezz (ATH:GCMEZZ), the current Operating Income is €2.26 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 Galaxy Cosmos Mezz (ATH:GCMEZZ) Overvalued in 2026?

Based on GuruFocus' analysis, Galaxy Cosmos Mezz stock appears to be overvalued. The current stock price of €0.26 is trading 6.3% above its estimated GF Value™ of €0.24. GuruFocus considers Galaxy Cosmos Mezz to be Fairly Valued.

Key valuation signals for ATH:GCMEZZ:

  • Operating Income: €2.26 Mil
  • GF Value™: €0.24 vs. price of €0.26 (6.3% above fair value)
  • GF Score™: 36/100 with 1 warning sign

No single metric tells the full story. See the ATH:GCMEZZ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Galaxy Cosmos Mezz Business Description

Address 33 Vassilissis Freiderikis, Palais D’Ivoire House, 2nd floor, Nicosia, CYP, 1066
Galaxy Cosmos Mezz PLC is holding and managing part of the Mezzanine and Junior Notes issued in the context of Galaxy and Cosmos securitization of loans originated by Alpha Bank SA. The Company's objectives in managing capital are to safeguard the Company's ability to continue as a going concern in order to provide returns for shareholders and to maintain an optimal capital structure to reduce the cost of capital.
36GF Score

Get the complete analysis for ATH:GCMEZZ

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

€0.26
Price
€0.24
GF Value