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CXApp (CXAI) Operating Income : $0.84 Mil (TTM As of Sep. 2023)


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What is CXApp Operating Income?

CXApp's Operating Income for the three months ended in Sep. 2023 was $-4.20 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Sep. 2023 was $0.84 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. CXApp's Operating Income for the three months ended in Sep. 2023 was $-4.20 Mil. CXApp's Revenue for the three months ended in Sep. 2023 was $1.77 Mil. Therefore, CXApp's Operating Margin % for the quarter that ended in Sep. 2023 was -237.23%.

CXApp'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. CXApp's annualized ROC % for the quarter that ended in Sep. 2023 was -31.38%. CXApp's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was -2,217.29%.


CXApp Operating Income Historical Data

The historical data trend for CXApp'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.

CXApp Operating Income Chart

CXApp Annual Data
Trend Dec20 Dec21 Dec22
Operating Income
- -1.50 -2.95

CXApp Quarterly Data
Jul20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Operating Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -9.52 13.43 -4.38 -4.01 -4.20

CXApp 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. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.84 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.


CXApp  (NAS:CXAI) Operating Income Explanation

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

CXApp's annualized ROC % for the quarter that ended in Sep. 2023 is calculated as:

ROC % (Q: Sep. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2023 ) + Invested Capital (Q: Sep. 2023 ))/ count )
=-16.796 * ( 1 - -40.72% )/( (81.446 + 69.182)/ 2 )
=-23.6353312/75.314
=-31.38 %

where

Note: The Operating Income data used here is four times the quarterly (Sep. 2023) data.

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

CXApp's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2023 is calculated as:

ROC (Joel Greenblatt) %(Q: Sep. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2023  Q: Sep. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-16.796/( ( (0.815 + max(-16.585, 0)) + (0.7 + max(-5.872, 0)) )/ 2 )
=-16.796/( ( 0.815 + 0.7 )/ 2 )
=-16.796/0.7575
=-2,217.29 %

where Working Capital is:

Working Capital(Q: Jun. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1.19 + 0 + 1.115) - (2.969 + 2.2 + 13.721)
=-16.585

Working Capital(Q: Sep. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.839 + 0 + 1.016) - (3.202 + 1.973 + 2.552)
=-5.872

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Sep. 2023) EBIT data.

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

CXApp's Operating Margin % for the quarter that ended in Sep. 2023 is calculated as:

Operating Margin %=Operating Income (Q: Sep. 2023 )/Revenue (Q: Sep. 2023 )
=-4.199/1.77
=-237.23 %

* 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.


CXApp Operating Income Related Terms

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CXApp (CXAI) Business Description

Traded in Other Exchanges
N/A
Address
Four Palo Alto Square, Suite 200, 3000 El Camino Real, Palo Alto, CA, USA, 94306
CXApp Inc is a workplace experience platform for enterprise customers. It is a SaaS product for enterprise organizations, distributing a mobile app to all employees within the organization. It includes a content management system (or CMS) so customers can adjust configurations for their workplace settings autonomously and spontaneously. Its technologies and solutions help enterprise customers deliver a comprehensive business journey in a work 'from-anywhere' world for employees, partners, customers, and visitors. CXApp offers native mapping, analytics, on-device positioning (or ODP), and application technologies that bring people together.
Executives
Di-ann Eisnor director 11465 JOHNS CREEK PARKWAY, SUITE 400, JOHNS CREEK GA 30097
Khurram P Sheikh director, 10 percent owner, officer: CEO and CFO 1140 EAST ARQUES AVE., SUNNYVALE CA 94085
Camillo Martino director 60 SOUTH MARKET STREET, STE 750, SAN JOSE CA 95113
Leon Papkoff officer: Chief Product Officer C/O KINS TECHNOLOGY GROUP, INC., FOUR PALO ALTO SQ, 3000 EL CAMINO REAL, PALO ALTO CA 94306
Shanti Priya director C/O KINS TECHNOLOGY GROUP, INC., FOUR PALO ALTO SQ, 3000 EL CAMINO REAL, PALO ALTO CA 94306
George Mathai director C/O KINS TECHNOLOGY GROUP, INC., FOUR PALO ALTO SQ, 3000 EL CAMINO REAL, PALO ALTO CA 94306
Michael D Angel officer: Chief Financial Officer 935 STEWART DR, SUNNYVALE CA 94085
Cubist Systematic Strategies, Llc 10 percent owner 72 CUMMINGS POINT ROAD, STAMFORD CT 06902
Israel A Englander other: See Footnote 2 C/O MILLENNIUM MANAGEMENT LLC, 399 PARK AVENUE, NEW YORK NY 10022
Millennium Management Llc other: See Footnote 2 399 PARK AVENUE, NEW YORK NY 10022
Millennium Group Management Llc other: See Footnote 2 C/O MILLENNIUM MANAGEMENT LLC, 399 PARK AVENUE, NEW YORK NY 10022
Ics Opportunities, Ltd. 10 percent owner MILLENNIUM INTERNATIONAL MANAGEMENT LP, 399 PARK AVENUE, NEW YORK NY 10022
Cohen Steven A/sac Capital Mgmt Lp 10 percent owner C/O SAC CAPITAL ADVISORS LLC, 72 CUMMINGS POINT ROAD, STAMFORD CT 06902
Allen Salmasi director C/O NEXTWAVE WIRELESS LLC, 12670 HIGH BLUFF DRIVE, SAN DIEGO CA 92130
Eric Zimits officer: Secretary and CCDO C/O KINS TECHNOLOGY GROUP INC., FOUR PALO ALTO SQUARE, PALO ALTO CA 94306

CXApp (CXAI) Headlines

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