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Aramis Group (CHIX:ARAMIP) Operating Income : €-9 Mil (TTM As of Mar. 2024)


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What is Aramis Group Operating Income?

Aramis Group's Operating Income for the six months ended in Mar. 2024 was €1 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2024 was €-9 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Aramis Group's Operating Income for the six months ended in Mar. 2024 was €1 Mil. Aramis Group's Revenue for the six months ended in Mar. 2024 was €1,098 Mil. Therefore, Aramis Group's Operating Margin % for the quarter that ended in Mar. 2024 was 0.11%.

Aramis 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. Aramis Group's annualized ROC % for the quarter that ended in Mar. 2024 was 0.51%. Aramis Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -5.73%.


Aramis Group Operating Income Historical Data

The historical data trend for Aramis 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.

Aramis Group Operating Income Chart

Aramis Group Annual Data
Trend Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Operating Income
Get a 7-Day Free Trial 13.74 24.73 16.46 -32.94 -23.47

Aramis Group Semi-Annual Data
Sep18 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24
Operating Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only -7.71 -25.23 -13.13 -10.33 1.20

Aramis 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 Mar. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was €-9 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.


Aramis Group  (CHIX:ARAMIp) Operating Income Explanation

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

Aramis Group's annualized ROC % for the quarter that ended in Mar. 2024 is calculated as:

ROC % (Q: Mar. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2023 ) + Invested Capital (Q: Mar. 2024 ))/ count )
=2.39 * ( 1 - -1.09% )/( (451.306 + 496.099)/ 2 )
=2.416051/473.7025
=0.51 %

where

Invested Capital(Q: Mar. 2024 )
=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))
=617.144 - 91.108 - ( 29.937 - max(0, 280.346 - 353.342+29.937))
=496.099

Note: The Operating Income data used here is two times the semi-annual (Mar. 2024) data.

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

Aramis Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2023  Q: Mar. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-15.816/( ( (139.28 + max(142.849, 0)) + (135.214 + max(134.422, 0)) )/ 2 )
=-15.816/( ( 282.129 + 269.636 )/ 2 )
=-15.816/275.8825
=-5.73 %

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)
=(38.972 + 220.336 + 35.514) - (113.371 + 0 + 38.602)
=142.849

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(51.433 + 226.924 + 45.048) - (91.108 + 0 + 97.875)
=134.422

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Mar. 2024) EBIT data.

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

Aramis Group's Operating Margin % for the quarter that ended in Mar. 2024 is calculated as:

Operating Margin %=Operating Income (Q: Mar. 2024 )/Revenue (Q: Mar. 2024 )
=1.195/1098.32
=0.11 %

* 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.


Aramis Group Operating Income Related Terms

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Aramis Group Business Description

Traded in Other Exchanges
Address
23 Avenue Aristide Briand, Arcueil, FRA, 94110
Aramis Group SA is engaged in the online sales of used cars to private individuals in France, Belgium, Spain, United Kingdom, Austria and Italy. The principal business segments of the company are online vehicle distribution and the development of automotive services. It offers customers a wide range of automotive products and services in a seamless, intuitive, and immersive sales and purchasing experience, which can take place both fully online and fully offline through a network of customer centers. The company comprises of six brands: Aramisauto, Cardoen, Clicars, CarSupermarket, Brumbrum and Onlinecars.

Aramis Group Headlines

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