Atlas Technology Group (Atlas Technology Group) Operating Income : $-0.09 Mil (TTM As of Dec. 2023)

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What is Atlas Technology Group Operating Income?

Atlas Technology Group's Operating Income for the three months ended in Dec. 2023 was $-0.03 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2023 was $-0.09 Mil.

Warning Sign:

Atlas Technology Group Inc 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. Atlas Technology Group's Operating Income for the three months ended in Dec. 2023 was $-0.03 Mil. Atlas Technology Group's Revenue for the three months ended in Dec. 2023 was $0.00 Mil. Therefore, Atlas Technology Group's Operating Margin % for the quarter that ended in Dec. 2023 was %.

Atlas Technology Group'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. Atlas Technology Group's annualized ROC % for the quarter that ended in Dec. 2023 was -105.58%. Atlas Technology Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was %.

Atlas Technology Group Operating Income Historical Data

The historical data trend for Atlas Technology Group'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.

* Premium members only.

Atlas Technology Group Operating Income Chart

Atlas Technology Group Annual Data

Trend

Dec02

Dec03

Dec04

Dec05

Dec06

Dec07

Dec20

Dec21

Dec22

Dec23

Operating Income

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-3.19

-0.04

-0.12

-0.10

-0.09

Atlas Technology Group Quarterly Data
	Mar07	Jun07	Sep07	Dec07	Mar08	Jun08	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Operating Income	Get a 7-Day Free Trial															-0.03	-0.03	-0.02	-0.02	-0.03

Atlas Technology Group 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. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.09 Mil.

Atlas Technology Group (OTCPK:ATYG) Operating Income Explanation

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

Atlas Technology Group's annualized ROC % for the quarter that ended in Dec. 2023 is calculated as:

	ROC % (Q: Dec. 2023 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Sep. 2023 )	+	Invested Capital (Q: Dec. 2023 ))	/ count )
=	-0.104 * ( 1 - 0% )	/	( (0.093	+	0.104)	/ 2 )
=	-0.104	/	0.0985
=	-105.58 %

where

	Invested Capital		(Q: Sep. 2023 )
=	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	))
=	0	-	0.222	-	( 0	-	max(0, 0.315	-	0	+	0	))
=	0.093

	Invested Capital		(Q: Dec. 2023 )
=	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	))
=	0	-	0.236	-	( 0	-	max(0, 0.34	-	0	+	0	))
=	0.104

Note: The Operating Income data used here is four times the quarterly (Dec. 2023) data.

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

Atlas Technology Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Dec. 2023 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Sep. 2023		Q: Dec. 2023
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-0.104	/	( ( (0 + max(-0.222, 0))	+	(0 + max(-0.235, 0)) )	/	1 )
=	-0.104	/	( ( 0	+	0 )	/	1 )
=	-0.104	/	0
=	%

where Working Capital is:

	Working Capital		(Q: Sep. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0)	-	(0.222	+	0	+	0)
=	-0.222

	Working Capital		(Q: Dec. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0)	-	(0.236	+	0	+	-0.00099999999999995)
=	-0.235

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

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

Atlas Technology Group's Operating Margin % for the quarter that ended in Dec. 2023 is calculated as:

Operating Margin %	=	Operating Income (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	-0.026	/	0
	=	%

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.

Atlas Technology Group Operating Income Related Terms

Thank you for viewing the detailed overview of Atlas Technology Group's Operating Income provided by GuruFocus.com. Please click on the following links to see related term pages.

Atlas Technology Group (Atlas Technology Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Atlas Technology Group Inc (OTCPK:ATYG) » Definitions » Operating Income

Comparable Companies

Traded in Other Exchanges

N/A

Address

PO Box 147165, Lakewood, CO, USA, 80214

Website

https://www.atlasdsr.com

Atlas Technology Group, Inc., a Florida corporation, is a SEC reporting shell company.

Executives

Redgie T Green	director, officer: Chief Executive Officer	16538 W. 76TH DR., ARVADA CO 80007
David J Cutler	director, 10 percent owner, officer: Chief Financial Officer	4704 HARLEN ST STE. 420, DENVER CO 80212
Robert Blankstein	10 percent owner	SUITE 550 - 999 WEST HASTINGS STREET, VANCOUVER A1 V6C 2W2
R Atticus Lowe	10 percent owner	2151 ALESSANDRO DRIVE, SUITE 100, VENTURA CA 93001
Lance W Helfert	10 percent owner	2151 ALESSANDRO DRIVE, SUITE 100, VENTURA CA 93001
West Coast Opportunity Fund Llc	10 percent owner	C/O WEST COAST ASSET MANAGEMENT INC, 2151 ALESANDRO DRIVE, SUITE 100, VENTURA CA 93001
West Coast Asset Management Inc	10 percent owner	1205 COAST VILLAGE ROAD, MONTECITO CA 93108
Paul J Orfalea	10 percent owner	2151 ALESSANDRO DRIVE, SUITE 100, VENTURA CA 93001
Marra Byran Somervell Patrick	director, officer: Chief Financial Officer	LEVEL 12, WILLBANK HOUSE, 57 WILLIS ST, P.O. BOX 10-158, WELLINGTON Q2 #####
Robert Gardner	director	SUITE 300, 838 WEST HASTINGS STREET, VANCOUVER A1 V6C 0A6
W Gordon Blankstein	director	999 WEST HASTINGS ST, SUITE 550, VANCOUVER A1 V6C 2W2
Peter B Jacobson	director	511 36TH STREET, NEWPORT BEACH CA 92663
David C Hayes	director, officer: Chief Financial Officer	999 WEST HASTINGS STREET, SUITE 550, VANCOUVER A1 V6C 2W2

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