BTTC (Black Titan) Operating Income: $-3.09 Mil (TTM As of Jan. 2026)

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BTTC Black Titan Corp BTTC
18 GF Score
Price $0.78
! 1 Warning Sign
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What is Black Titan Operating Income?

Black Titan BTTC -4.45% 18 Operating Income is $-3.09 Mil as of Jan. 2026. GuruFocus rates BTTC with a GF Score™ of 18/100. The stock has 1 warning sign investors should review.

Black Titan's Operating Income for the six months ended in Jan. 2026 was $-3.00 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Jan. 2026 was $-3.09 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Black Titan's Operating Income for the six months ended in Jan. 2026 was $-3.00 Mil. Black Titan's Revenue for the six months ended in Jan. 2026 was $1.18 Mil. Therefore, Black Titan's Operating Margin % for the quarter that ended in Jan. 2026 was -253.98%.

Black Titan'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. Black Titan's annualized ROC % for the quarter that ended in Jan. 2026 was -232.96%. Black Titan's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jan. 2026 was -281.73%.

Black Titan  (NAS:BTTC) Operating Income Explanation

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

Black Titan's annualized ROC % for the quarter that ended in Jan. 2026 is calculated as:

ROC % (Q: Jan. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jul. 2025 ) + Invested Capital (Q: Jan. 2026 ))/ count )
=-5.994 * ( 1 - 0% )/( (1.255 + 3.891)/ 2 )
=-5.994/2.573
=-232.96 %

where

Invested Capital(Q: Jul. 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))
=2.723 - 0.893 - ( 0.575 - max(0, 1.68 - 2.463+0.575))
=1.255

Invested Capital(Q: Jan. 2026 )
=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))
=9.542 - 1.719 - ( 3.932 - max(0, 2.012 - 9.294+3.932))
=3.891

Note: The Operating Income data used here is two times the semi-annual (Jan. 2026) data.

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

Black Titan's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jan. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Jan. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jul. 2025  Q: Jan. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-6.136/( ( (0.26 + max(0.422, 0)) + (0.248 + max(3.426, 0)) )/ 2 )
=-6.136/( ( 0.682 + 3.674 )/ 2 )
=-6.136/2.178
=-281.73 %

where Working Capital is:

Working Capital(Q: Jul. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.167 + 0 + 1.721) - (0.893 + 0.573 + 0)
=0.422

Working Capital(Q: Jan. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.051 + 0 + 5.311) - (1.719 + 0.218 + -0.0010000000000003)
=3.426

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Jan. 2026) EBIT data.

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

Black Titan's Operating Margin % for the quarter that ended in Jan. 2026 is calculated as:

Operating Margin %=Operating Income (Q: Jan. 2026 )/Revenue (Q: Jan. 2026 )
=-2.997/1.18
=-253.98 %

* 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.

Black Titan Operating Income Related Terms

Black Titan Operating Income Historical Data

* Premium members only.

The historical data trend for Black Titan'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.

Black Titan Operating Income Chart

Black Titan Annual Data
Trend Jul22 Jul23 Jul24 Jul25
Operating Income
-0.05 0.05 0.12 0.23

Black Titan Semi-Annual Data
Jul22 Jul23 Jan24 Jul24 Jan25 Jul25 Jan26
Operating Income Get a 7-Day Free Trial 0.09 0.03 0.32 -0.09 -3.00
BTTC
18GF Score
Black Titan Corp BTTC
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Black Titan 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 Jan. 2026 adds up the semi-annually data reported by the company within the most recent 12 months, which was $-3.09 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 $-3.09 Mil mean?
Black Titan (BTTC) has a Operating Income of $-3.09 Mil as of Jan. 2026. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Black Titan and its competitors.
Is Black Titan's Operating Income too high?
Black Titan's current Operating Income is $-3.09 Mil. Overall, Black Titan has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Black Titan's Operating Income compare to IDAI and IFBD?
Black Titan's Operating Income of $-3.09 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 Black Titan and its competitors. Black Titan's current Operating Income is $-3.09 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Black Titan stock overvalued right now?
Black Titan (BTTC) has a current Operating Income of $-3.09 Mil. The current Operating Income is $-3.09 Mil. Black Titan's overall GF Score™ is 18/100 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 Black Titan (BTTC), the current Operating Income is $-3.09 Mil as of Jan. 2026. 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.

Black Titan Business Description

Address Jalan PJU 7/6, Level 8, Unit 8-02 The Bousteador, 10, Mutiara Damansara, Petaling Jaya, SGR, MYS, 47800
Black Titan Corp provides human resource and payroll consulting, software implementation, and training solutions using PeopleSoft platforms. The company's revenue is mainly derived from the provision of HCM solutions, followed by the provision of IT staff augmentation, outsourcing and consulting services.
18GF Score

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

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