BCBC (Bitcoin Bancorp) Operating Income: $-0.47 Mil (TTM As of Dec. 2008)


What is Bitcoin Bancorp Operating Income?

Bitcoin Bancorp BCBC +2.33% Operating Income is $-0.47 Mil as of Dec. 2008.

Bitcoin Bancorp's Operating Income for the six months ended in Dec. 2008 was $-0.47 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2008 was $-0.47 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Bitcoin Bancorp's Operating Income for the six months ended in Dec. 2008 was $-0.47 Mil. Bitcoin Bancorp's Revenue for the six months ended in Dec. 2008 was $0.00 Mil. Therefore, Bitcoin Bancorp's Operating Margin % for the quarter that ended in Dec. 2008 was %.

Bitcoin Bancorp'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. Bitcoin Bancorp's annualized ROC % for the quarter that ended in Dec. 2008 was -127.59%. Bitcoin Bancorp's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2008 was -305.81%.

Bitcoin Bancorp  (OTCPK:BCBC) Operating Income Explanation

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

Bitcoin Bancorp's annualized ROC % for the quarter that ended in Dec. 2008 is calculated as:

ROC % (Q: Dec. 2008 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2007 ) + Invested Capital (Q: Dec. 2008 ))/ count )
=-0.474 * ( 1 - 0% )/( (0.526 + 0.217)/ 2 )
=-0.474/0.3715
=-127.59 %

where

Invested Capital(Q: Dec. 2007 )
=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))
=0.27 - 0.233 - ( 0.008 - max(0, 0.5 - 0.011+0.008))
=0.526

Invested Capital(Q: Dec. 2008 )
=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))
=0.243 - 0.172 - ( 0.014 - max(0, 0.172 - 0.026+0.014))
=0.217

Note: The Operating Income data used here is one times the annual (Dec. 2008) data.

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

Bitcoin Bancorp's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2008 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2008 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2007  Q: Dec. 2008
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-0.474/( ( (0.119 + max(-0.48, 0)) + (0.191 + max(-0.16, 0)) )/ 2 )
=-0.474/( ( 0.119 + 0.191 )/ 2 )
=-0.474/0.155
=-305.81 %

where Working Capital is:

Working Capital(Q: Dec. 2007 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.001 + 0 + 0.002) - (0.233 + 0 + 0.25)
=-0.48

Working Capital(Q: Dec. 2008 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.012) - (0.172 + 0 + 0)
=-0.16

When net working capital is negative, 0 is used.

Note: The EBIT data used here is one times the annual (Dec. 2008) EBIT data.

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

Bitcoin Bancorp's Operating Margin % for the quarter that ended in Dec. 2008 is calculated as:

Operating Margin %=Operating Income (Q: Dec. 2008 )/Revenue (Q: Dec. 2008 )
=-0.474/0
= %

* 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.

Bitcoin Bancorp Operating Income Related Terms

Bitcoin Bancorp Operating Income Historical Data

* Premium members only.

The historical data trend for Bitcoin Bancorp'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.

Bitcoin Bancorp Operating Income Chart

Bitcoin Bancorp Annual Data
Trend Dec00 Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec08
Operating Income
Get a 7-Day Free Trial Premium Member Only -0.99 -0.92 -1.88 -1.49 -0.47

Bitcoin Bancorp Semi-Annual Data
Dec00 Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec08
Operating Income Get a 7-Day Free Trial Premium Member Only -0.99 -0.92 -1.88 -1.49 -0.47

Bitcoin Bancorp 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.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Operating Income for the trailing twelve months (TTM) ended in Dec. 2008 was $-0.47 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 $-0.47 Mil mean?
Bitcoin Bancorp (BCBC) has a Operating Income of $-0.47 Mil as of Dec. 2008. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Bitcoin Bancorp and its competitors.
Is Bitcoin Bancorp's Operating Income too high?
Bitcoin Bancorp's current Operating Income is $-0.47 Mil.
How does Bitcoin Bancorp's Operating Income compare to TFLM and INTZ?
Bitcoin Bancorp's Operating Income of $-0.47 Mil can be compared against companies in the Software 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 Software company?
A good Operating Income depends on the Software 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 Bitcoin Bancorp and its competitors. Bitcoin Bancorp's current Operating Income is $-0.47 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bitcoin Bancorp stock overvalued right now?
Bitcoin Bancorp (BCBC) has a current Operating Income of $-0.47 Mil. The current Operating Income is $-0.47 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 Bitcoin Bancorp (BCBC), the current Operating Income is $-0.47 Mil as of Dec. 2008. 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.

Bitcoin Bancorp Business Description

Address 732 S 6th Street, Suite R, Las Vegas, NV, USA, 89101
Bitcoin Bancorp Inc is a diversified digital asset and BaaS company, specializing in blockchain technologies, software development, and Web 3.0. The company owns Bitcoin ATMs which are operated by licensed third-party operators within the jurisdictions in which it resides. It is committed to driving the innovations needed to shape the future of digital and blockchain-related platforms through digital technology and decentralized blockchain solutions.