ATMTF (Andrada Mining) Operating Income: $-6.79 Mil (TTM As of Aug. 2025)

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What is Andrada Mining Operating Income?

Andrada Mining ATMTF Operating Income is $-6.79 Mil as of Aug. 2025. The stock has 5 warning signs investors should review.

Andrada Mining's Operating Income for the six months ended in Aug. 2025 was $-2.42 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Aug. 2025 was $-6.79 Mil.

Warning Sign:

Andrada Mining 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. Andrada Mining's Operating Income for the six months ended in Aug. 2025 was $-2.42 Mil. Andrada Mining's Revenue for the six months ended in Aug. 2025 was $16.37 Mil. Therefore, Andrada Mining's Operating Margin % for the quarter that ended in Aug. 2025 was -14.80%.

Andrada Mining'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. Andrada Mining's annualized ROC % for the quarter that ended in Aug. 2025 was -5.78%. Andrada Mining's annualized ROC (Joel Greenblatt) % for the quarter that ended in Aug. 2025 was -3.45%.

Andrada Mining  (OTCPK:ATMTF) Operating Income Explanation

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

Andrada Mining's annualized ROC % for the quarter that ended in Aug. 2025 is calculated as:

ROC % (Q: Aug. 2025 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Feb. 2025 ) + Invested Capital (Q: Aug. 2025 ))/ count )
=-4.846 * ( 1 - 0% )/( (81.949 + 85.807)/ 2 )
=-4.846/83.878
=-5.78 %

where

Invested Capital(Q: Feb. 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))
=87.292 - 5.562 - ( 3.389 - max(0, 19.04 - 18.821+3.389))
=81.949

Invested Capital(Q: Aug. 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))
=92.953 - 5.534 - ( 2.149 - max(0, 18.68 - 20.292+2.149))
=85.807

Note: The Operating Income data used here is two times the semi-annual (Aug. 2025) data.

2. Joel Greenblatt's definition of Return on Capital:

Andrada Mining's annualized ROC (Joel Greenblatt) % for the quarter that ended in Aug. 2025 is calculated as:

ROC (Joel Greenblatt) %(Q: Aug. 2025 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Feb. 2025  Q: Aug. 2025
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-2.402/( ( (66.486 + max(0.094000000000002, 0)) + (70.673 + max(2.073, 0)) )/ 2 )
=-2.402/( ( 66.58 + 72.746 )/ 2 )
=-2.402/69.663
=-3.45 %

where Working Capital is:

Working Capital(Q: Feb. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1.837 + 5.284 + 3.99) - (5.562 + 0 + 5.455)
=0.094000000000002

Working Capital(Q: Aug. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(2.214 + 7.495 + 3.096) - (5.534 + 0 + 5.198)
=2.073

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Aug. 2025) EBIT data.

3. Operating Income is also linked to Operating Margin %:

Andrada Mining's Operating Margin % for the quarter that ended in Aug. 2025 is calculated as:

Operating Margin %=Operating Income (Q: Aug. 2025 )/Revenue (Q: Aug. 2025 )
=-2.423/16.371
=-14.80 %

* 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.

Andrada Mining Operating Income Related Terms

Andrada Mining Operating Income Historical Data

* Premium members only.

The historical data trend for Andrada Mining'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.

Andrada Mining Operating Income Chart

Andrada Mining Annual Data
Trend Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25
Operating Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only -3.53 0.93 -9.62 -10.07 -7.40

Andrada Mining Semi-Annual Data
Feb15 Feb16 Feb17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24 Feb25 Aug25
Operating Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -2.77 -7.32 -3.13 -4.37 -2.42

Andrada Mining 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 Aug. 2025 adds up the semi-annually data reported by the company within the most recent 12 months, which was $-6.79 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 $-6.79 Mil mean?
Andrada Mining (ATMTF) has a Operating Income of $-6.79 Mil as of Aug. 2025. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Andrada Mining and its competitors.
Is Andrada Mining's Operating Income too high?
Andrada Mining's current Operating Income is $-6.79 Mil.
How does Andrada Mining's Operating Income compare to competitors?
Andrada Mining's Operating Income of $-6.79 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 Andrada Mining and its competitors. Andrada Mining's current Operating Income is $-6.79 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Andrada Mining stock overvalued right now?
Based on GuruFocus' analysis, Andrada Mining (ATMTF) is currently considered Possible Value Trap. The stock's GF Value™ is $0.09, compared to a current price of $0.05 — trading 44.7% below its estimated fair value. The current Operating Income is $-6.79 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 Andrada Mining (ATMTF), the current Operating Income is $-6.79 Mil as of Aug. 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.

Andrada Mining Business Description

Other Exchanges ATM:UK9IA:Germany
Address Block C, PO Box 142, Suite 2, Hirzel Court, Saint Peter Port, GGY, GY1 3HT
Andrada Mining Ltd is a Guernsey-based mining company. The group has a single operating segment consisting of the Namibian operations. The company's project consists of the Uis Tin project and the Mokopane Tin project. It derives a majority of its revenue from the Namibia region. The company's asset includes Lithium Ridge (Nai-Nais), Spodumene Hill, and Brandberg West.