ASMALLWORLD AG (CHIX:ASWNZ) Operating Income: CHF1.79 Mil (TTM As of Dec. 2025)

What is ASMALLWORLD AG Operating Income?

ASMALLWORLD AG CHIX:ASWNZ 61 Operating Income is CHF1.79 Mil as of Dec. 2025. GuruFocus rates CHIX:ASWNZ with a GF Score™ of 61/100 and a GF Value™ of CHF4.30. The stock has 5 warning signs investors should review.

ASMALLWORLD AG's Operating Income for the six months ended in Dec. 2025 was CHF1.76 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2025 was CHF1.79 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. ASMALLWORLD AG's Operating Income for the six months ended in Dec. 2025 was CHF1.76 Mil. ASMALLWORLD AG's Revenue for the six months ended in Dec. 2025 was CHF10.30 Mil. Therefore, ASMALLWORLD AG's Operating Margin % for the quarter that ended in Dec. 2025 was 17.04%.

Warning Sign:

ASMALLWORLD AG operating margin has been in a 5-year decline. The average rate of decline per year is -5.9%.

ASMALLWORLD AG's 5-Year average Growth Rate for Operating Margin % was -5.90% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. ASMALLWORLD AG's annualized ROC % for the quarter that ended in Dec. 2025 was 34.45%. ASMALLWORLD AG's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was -1,173.77%.

ASMALLWORLD AG (CHIX:ASWNz) Operating Income Explanation

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

ASMALLWORLD AG's annualized ROC % for the quarter that ended in Dec. 2025 is calculated as:

	ROC % (Q: Dec. 2025 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Jun. 2025 )	+	Invested Capital (Q: Dec. 2025 ))	/ count )
=	3.51 * ( 1 - 0% )	/	( (9.74	+	10.635)	/ 2 )
=	3.51	/	10.1875
=	34.45 %

where

	Invested Capital		(Q: Jun. 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	))
=	11.336	-	0.947	-	( 2.893	-	max(0, 4.894	-	5.543	+	2.893	))
=	9.74

	Invested Capital		(Q: Dec. 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	))
=	11.309	-	1.318	-	( 1.24	-	max(0, 5.078	-	4.434	+	1.24	))
=	10.635

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

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

ASMALLWORLD AG's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Dec. 2025 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Jun. 2025		Q: Dec. 2025
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-0.358	/	( ( (0.035 + max(-4.298, 0))	+	(0.026 + max(-3.516, 0)) )	/	2 )
=	-0.358	/	( ( 0.035	+	0.026 )	/	2 )
=	-0.358	/	0.0305
=	-1,173.77 %

where Working Capital is:

	Working Capital		(Q: Jun. 2025 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0.196	+	0	+	8.8817841970013E-16)	-	(0.947	+	0	+	3.547)
=	-4.298

	Working Capital		(Q: Dec. 2025 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0.129	+	0	+	1.433)	-	(1.318	+	0	+	3.76)
=	-3.516

When net working capital is negative, 0 is used.

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

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

ASMALLWORLD AG's Operating Margin % for the quarter that ended in Dec. 2025 is calculated as:

Operating Margin %	=	Operating Income (Q: Dec. 2025 )	/	Revenue (Q: Dec. 2025 )
	=	1.755	/	10.297
	=	17.04 %

* 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.

ASMALLWORLD AG Operating Income Related Terms

ASMALLWORLD AG Operating Income Historical Data

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The historical data trend for ASMALLWORLD AG's Operating Income can be seen below:

ASMALLWORLD AG Operating Income Chart

ASMALLWORLD AG Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

Operating Income

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1.82

1.94

1.70

0.83

1.79

ASMALLWORLD AG Semi-Annual Data
	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24	Jun25	Dec25
Operating Income	Get a 7-Day Free Trial													0.90	0.62	0.21	0.03	1.76

61GF Score

ASMALLWORLD AG CHIX:ASWNZ

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ASMALLWORLD AG 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. 2025 adds up the semi-annually data reported by the company within the most recent 12 months, which was CHF1.79 Mil.

Frequently Asked Questions Learn more about Operating Income →

What does a Operating Income of CHF1.79 Mil mean?

ASMALLWORLD AG (CHIX:ASWNZ) has a Operating Income of CHF1.79 Mil as of Dec. 2025. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on ASMALLWORLD AG and its competitors.

Is ASMALLWORLD AG's Operating Income too high?

ASMALLWORLD AG's current Operating Income is CHF1.79 Mil. Overall, ASMALLWORLD AG has a GF Score™ of 61/100, reflecting its overall financial health beyond just this single metric.

How does ASMALLWORLD AG's Operating Income compare to BKNG and ABNB?

ASMALLWORLD AG's Operating Income of CHF1.79 Mil can be compared against companies in the Travel & Leisure 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 Travel & Leisure company?

A good Operating Income depends on the Travel & Leisure 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 ASMALLWORLD AG and its competitors. ASMALLWORLD AG's current Operating Income is CHF1.79 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is ASMALLWORLD AG stock overvalued right now?

ASMALLWORLD AG (CHIX:ASWNZ) has a current Operating Income of CHF1.79 Mil. The stock's GF Value™ is CHF4.30, compared to a current price of CHF2.15 — trading 50% below its estimated fair value. The current Operating Income is CHF1.79 Mil. ASMALLWORLD AG's overall GF Score™ is 61/100 with 5 warning signs 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 ASMALLWORLD AG (CHIX:ASWNZ), the current Operating Income is CHF1.79 Mil as of Dec. 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.

Is ASMALLWORLD AG (CHIX:ASWNZ) Overvalued in 2026?

Based on GuruFocus' analysis, ASMALLWORLD AG stock appears to be undervalued. The current stock price of CHF2.15 is trading 50% below its estimated GF Value™ of CHF4.30.

Key valuation signals for CHIX:ASWNZ:

Operating Income: CHF1.79 Mil
GF Value™: CHF4.30 vs. price of CHF2.15 (50% below fair value)
GF Score™: 61/100 with 5 warning signs

No single metric tells the full story. See the CHIX:ASWNZ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

ASMALLWORLD AG Business Description

Industry Consumer Cyclical Travel & Leisure

Comparable Companies BKNG ABNB RCL VIK CCL EXPE TCOM NCLH MMYT GBTG TNL XTER:TUI1 BOM:542830 HKSE:00780 LSE:JET2 LIND XMAD:HBX ASX:FLT NSE:TBOTEK TRIP

Other Exchanges 1Q7:Germany ASWN:Switzerland

Address Seidengasse 20, Zurich, CHE, 8001

Website https://www.asmallworldag.com

ASMALLWORLD AG operates a digital travel and lifestyle eco-system. The members of the ASMALLWORLD social network connect through its app and website, where the users can book hotels, meet other members, engage in online discussions, receive travel and lifestyle inspiration, and enjoy a wealth of travel privileges. Users also connect during ASMALLWORLD events every year, ranging from casual get-togethers in cities around the world, access to exclusive launches, shows, galas, exhibitions, sporting events, etc. The company has two operating segments: Subscriptions and Services. Maximum revenue is generated from the Subscription segment, which allows members to use one of its services for a predefined period of time (usually a year), for which members will pay a membership fee.

61GF Score

Get the complete analysis for CHIX:ASWNZ

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

CHF2.15

Price

CHF4.30

GF Value

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