EXEO (Exeo Entertainment) Operating Income: $-1.01 Mil (TTM As of Feb. 2022)


What is Exeo Entertainment Operating Income?

Exeo Entertainment EXEO Operating Income is $-1.01 Mil as of Feb. 2022.

Exeo Entertainment's Operating Income for the three months ended in Feb. 2022 was $-0.21 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Feb. 2022 was $-1.01 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Exeo Entertainment's Operating Income for the three months ended in Feb. 2022 was $-0.21 Mil. Exeo Entertainment's Revenue for the three months ended in Feb. 2022 was $0.01 Mil. Therefore, Exeo Entertainment's Operating Margin % for the quarter that ended in Feb. 2022 was -2,928.57%.

Exeo Entertainment'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. Exeo Entertainment's annualized ROC % for the quarter that ended in Feb. 2022 was -121.75%. Exeo Entertainment's annualized ROC (Joel Greenblatt) % for the quarter that ended in Feb. 2022 was -595.83%.

Exeo Entertainment  (OTCPK:EXEO) Operating Income Explanation

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

Exeo Entertainment's annualized ROC % for the quarter that ended in Feb. 2022 is calculated as:

ROC % (Q: Feb. 2022 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Nov. 2021 ) + Invested Capital (Q: Feb. 2022 ))/ count )
=-0.82 * ( 1 - 0% )/( (0.673 + 0.674)/ 2 )
=-0.82/0.6735
=-121.75 %

where

Invested Capital(Q: Nov. 2021 )
=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))
=0.202 - 2.967 - ( 0.005 - max(0, 3.506 - 0.068+0.005))
=0.673

Invested Capital(Q: Feb. 2022 )
=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))
=0.195 - 3.077 - ( 0.04 - max(0, 3.65 - 0.094+0.04))
=0.674

Note: The Operating Income data used here is four times the quarterly (Feb. 2022) data.

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

Exeo Entertainment's annualized ROC (Joel Greenblatt) % for the quarter that ended in Feb. 2022 is calculated as:

ROC (Joel Greenblatt) %(Q: Feb. 2022 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Nov. 2021  Q: Feb. 2022
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-0.572/( ( (0.111 + max(-3.321, 0)) + (0.081 + max(-3.501, 0)) )/ 2 )
=-0.572/( ( 0.111 + 0.081 )/ 2 )
=-0.572/0.096
=-595.83 %

where Working Capital is:

Working Capital(Q: Nov. 2021 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.001 + 0.047 + 0.015) - (2.967 + 0 + 0.417)
=-3.321

Working Capital(Q: Feb. 2022 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.001 + 0.043 + 0.01) - (3.077 + 0 + 0.478)
=-3.501

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Feb. 2022) EBIT data.

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

Exeo Entertainment's Operating Margin % for the quarter that ended in Feb. 2022 is calculated as:

Operating Margin %=Operating Income (Q: Feb. 2022 )/Revenue (Q: Feb. 2022 )
=-0.205/0.007
=-2,928.57 %

* 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.

Exeo Entertainment Operating Income Related Terms

Exeo Entertainment Operating Income Historical Data

* Premium members only.

The historical data trend for Exeo Entertainment'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.

Exeo Entertainment Operating Income Chart

Exeo Entertainment Annual Data
Trend Nov12 Nov13 Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21
Operating Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.44 -1.08 -1.37 -1.56 -1.13

Exeo Entertainment Quarterly Data
May17 Aug17 Nov17 Feb18 May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22
Operating Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.32 -0.38 -0.19 -0.24 -0.21

Exeo Entertainment 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 Feb. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $-1.01 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 $-1.01 Mil mean?
Exeo Entertainment (EXEO) has a Operating Income of $-1.01 Mil as of Feb. 2022. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Exeo Entertainment and its competitors.
Is Exeo Entertainment's Operating Income too high?
Exeo Entertainment's current Operating Income is $-1.01 Mil.
How does Exeo Entertainment's Operating Income compare to GAXY and TKLS?
Exeo Entertainment's Operating Income of $-1.01 Mil can be compared against companies in the Hardware 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 Hardware company?
A good Operating Income depends on the Hardware 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 Exeo Entertainment and its competitors. Exeo Entertainment's current Operating Income is $-1.01 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Exeo Entertainment stock overvalued right now?
Exeo Entertainment (EXEO) has a current Operating Income of $-1.01 Mil. The current Operating Income is $-1.01 Mil. 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 Exeo Entertainment (EXEO), the current Operating Income is $-1.01 Mil as of Feb. 2022. 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.

Exeo Entertainment Business Description

Address 4478 Wagon Trail Avenue, Las Vegas, NV, USA, 89118
Exeo Entertainment Inc manufactures and distributes consumer electronics including patented gaming headphones, bluetooth music headphones, portable speakers, and smart devices that work with Alexa, Google, Siri and Apple Play. Its devices are marketed under Krankz Audio brand.