CMGO (CMG Holdings Group) Operating Income : $-0.12 Mil (TTM As of Sep. 2024)

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What is CMG Holdings Group Operating Income?

CMG Holdings Group's Operating Income for the three months ended in Sep. 2024 was $-0.15 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Sep. 2024 was $-0.12 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. CMG Holdings Group's Operating Income for the three months ended in Sep. 2024 was $-0.15 Mil. CMG Holdings Group's Revenue for the three months ended in Sep. 2024 was $0.02 Mil. Therefore, CMG Holdings Group's Operating Margin % for the quarter that ended in Sep. 2024 was -986.67%.

Warning Sign:

CMG Holdings Group Inc operating margin has been in a 5-year decline. The average rate of decline per year is -21.2%.

CMG Holdings Group's 5-Year average Growth Rate for Operating Margin % was -21.20% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. CMG Holdings Group's annualized ROC % for the quarter that ended in Sep. 2024 was -36.24%. CMG Holdings Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was %.

CMG Holdings Group Operating Income Historical Data

The historical data trend for CMG Holdings 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.

CMG Holdings Group Operating Income Chart

CMG Holdings Group Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec15

Dec19

Dec20

Dec21

Dec22

Dec23

Operating Income

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-0.04

-0.59

-0.30

-0.15

-0.20

CMG Holdings Group Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Operating Income	Get a 7-Day Free Trial															-0.13	0.12	-0.10	0.01	-0.15

CMG Holdings 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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.12 Mil.

CMG Holdings Group (OTCPK:CMGO) Operating Income Explanation

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

CMG Holdings Group's annualized ROC % for the quarter that ended in Sep. 2024 is calculated as:

	ROC % (Q: Sep. 2024 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Jun. 2024 )	+	Invested Capital (Q: Sep. 2024 ))	/ count )
=	-0.592 * ( 1 - 0% )	/	( (1.62	+	1.647)	/ 2 )
=	-0.592	/	1.6335
=	-36.24 %

where

	Invested Capital		(Q: Jun. 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	))
=	1.925	-	0.081	-	( 0.224	-	max(0, 1.356	-	1.925	+	0.224	))
=	1.62

	Invested Capital		(Q: Sep. 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	))
=	1.887	-	0.093	-	( 0.147	-	max(0, 1.439	-	1.887	+	0.147	))
=	1.647

Note: The Operating Income data used here is four times the quarterly (Sep. 2024) data.

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

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

	ROC (Joel Greenblatt) %		(Q: Sep. 2024 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Jun. 2024		Q: Sep. 2024
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-0.436	/	( ( (0 + max(-0.569, 0))	+	(0 + max(-0.652, 0)) )	/	2 )
=	-0.436	/	( ( 0	+	0 )	/	2 )
=	-0.436	/	0
=	%

where Working Capital is:

	Working Capital		(Q: Jun. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0)	-	(0.081	+	0.489	+	-0.00099999999999989)
=	-0.569

	Working Capital		(Q: Sep. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0)	-	(0.093	+	0.559	+	0)
=	-0.652

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Sep. 2024) EBIT data.

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

CMG Holdings Group's Operating Margin % for the quarter that ended in Sep. 2024 is calculated as:

Operating Margin %	=	Operating Income (Q: Sep. 2024 )	/	Revenue (Q: Sep. 2024 )
	=	-0.148	/	0.015
	=	-986.67 %

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.

CMG Holdings Group Operating Income Related Terms

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CMG Holdings Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » CMG Holdings Group Inc (OTCPK:CMGO) » Definitions » Operating Income

Comparable Companies

Traded in Other Exchanges

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Address

2130 North Lincoln Park West 8 North, Chicago, IL, USA, 60614

Website

https://www.cmgholdingsinc.com

CMG Holdings Group Inc is a marketing communications company focused on the operation of organizations in the alternative advertising, digital media, experiential and interactive marketing, and entertainment industries. It operates in two segments: XA and CMG Holding Group.

Executives

Glenn B Laken	director, officer: CEO	2130 N LINCOLN PARK WEST, APT 8N, CHICAGO IL 60614
David J Kovacs	director	153 EAST 32ND STREET, UNIT 3C, NEW YORK NY 10016
James Ennis	director, officer: Chief Financial Officer	5601 BISCAYNE BLVD., MIAMI FL 31337
Alan Morell	director, 10 percent owner, officer: CEO	5601 BISCAYNE BLVD., MIAMI FL 31337
Aaron Joseph Hashim	officer: President	PO BOX 2346, BAKERSFIELD CA 93303
Annette Lynn Davis	director, 10 percent owner	PO BOX 2346, BAKERSFIELD CA 93303
Jennifer Ann Davis	officer: Secretary	PO BOX 2346, BAKERSFIELD CA 93303
Lesa Marie Hashim	officer: Treasurer	PO BOX 2346, BAKERSFIELD CA 93303