Flux Power Holdings (Flux Power Holdings) Operating Income : $-4.37 Mil (TTM As of Dec. 2023)

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What is Flux Power Holdings Operating Income?

Flux Power Holdings's Operating Income for the three months ended in Dec. 2023 was $-0.37 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2023 was $-4.37 Mil.

Warning Sign:

Flux Power Holdings Inc has never been profitable in the past 3 years. It lost money every year.

Operating Margin % is calculated as Operating Income divided by its Revenue. Flux Power Holdings's Operating Income for the three months ended in Dec. 2023 was $-0.37 Mil. Flux Power Holdings's Revenue for the three months ended in Dec. 2023 was $18.34 Mil. Therefore, Flux Power Holdings's Operating Margin % for the quarter that ended in Dec. 2023 was -1.99%.

Good Sign:

Flux Power Holdings Inc operating margin is expanding. Margin expansion is usually a good sign.

Flux Power Holdings's 5-Year average Growth Rate for Operating Margin % was 41.20% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Flux Power Holdings's annualized ROC % for the quarter that ended in Dec. 2023 was -6.06%. Flux Power Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -6.74%.

Flux Power Holdings Operating Income Historical Data

The historical data trend for Flux Power Holdings'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.

Flux Power Holdings Operating Income Chart

Flux Power Holdings Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Operating Income

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-11.25

-12.55

-13.48

-15.36

-5.41

Flux Power Holdings Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Operating Income	Get a 7-Day Free Trial															-1.30	-1.19	-1.11	-1.71	-0.37

Flux Power Holdings 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. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-4.37 Mil.

Flux Power Holdings (NAS:FLUX) Operating Income Explanation

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

Flux Power Holdings's annualized ROC % for the quarter that ended in Dec. 2023 is calculated as:

	ROC % (Q: Dec. 2023 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Sep. 2023 )	+	Invested Capital (Q: Dec. 2023 ))	/ count )
=	-1.46 * ( 1 - 0% )	/	( (23.56	+	24.597)	/ 2 )
=	-1.46	/	24.0785
=	-6.06 %

where

	Invested Capital		(Q: Sep. 2023 )
=	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	))
=	36.922	-	12.223	-	( 1.139	-	max(0, 27.102	-	32.386	+	1.139	))
=	23.56

	Invested Capital		(Q: Dec. 2023 )
=	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	))
=	37.669	-	11.488	-	( 1.584	-	max(0, 28.397	-	33.388	+	1.584	))
=	24.597

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

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

Flux Power Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Dec. 2023 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Sep. 2023		Q: Dec. 2023
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-1.46	/	( ( (4.417 + max(16.945, 0))	+	(4.162 + max(17.821, 0)) )	/	2 )
=	-1.46	/	( ( 21.362	+	21.983 )	/	2 )
=	-1.46	/	21.6725
=	-6.74 %

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)
=	(10.699	+	19.495	+	1.053)	-	(12.223	+	0.353	+	1.726)
=	16.945

	Working Capital		(Q: Dec. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(12.579	+	18.283	+	0.94199999999999)	-	(11.488	+	0.542	+	1.953)
=	17.821

When net working capital is negative, 0 is used.

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

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

Flux Power Holdings's Operating Margin % for the quarter that ended in Dec. 2023 is calculated as:

Operating Margin %	=	Operating Income (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	-0.365	/	18.344
	=	-1.99 %

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.

Flux Power Holdings Operating Income Related Terms

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Flux Power Holdings (Flux Power Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Flux Power Holdings Inc (NAS:FLUX) » Definitions » Operating Income

Comparable Companies

Traded in Other Exchanges

N/A

Address

2685 S. Melrose Drive, Vista, CA, USA, 92081

Website

https://www.fluxpower.com

Flux Power Holdings Inc design, develop, manufacture, and sell a portfolio of lithium-ion energy storage solutions for electrification of a range of industrial commercial sectors which include material handling, airport ground support equipment (GSE), and other commercial and industrial applications It offers a high-power battery cell management system(BMS). The company's BMS provides three functions to its battery systems which include Cell Balancing, Monitoring, and Error Reporting.

Executives

Jeffrey Curtis Mason	officer: Vice President of Operations	2685 S MELROSE DR, VISTA CA 92081
Charles Scheiwe	officer: CFO & Secretary	1135 BAJA WAY, SAN MARCOS CA 92078
Ronald F Dutt	officer: CFO	C/O SOLA INTERNATIONAL INC, 10590 W. OCEAN AIR DR. #300, SAN DIEGO CA 92130
Michael Johnson	10 percent owner	2240 AUTO PARK WAY, ESCONDIDO CA 92029
Esenjay Investments, Llc	10 percent owner	500 NORTH WATER ST., STE 1100 SOUTH, CORPUS CHRISTI TX 78401
Lisa Walters-hoffert	director	C/O DARE BIOSCIENCE, INC., 10210 CAMPUS POINT DRIVE, SUITE 150, SAN DIEGO CA 92121
Cheemin Bo-linn	director	4555 GREAT AMERICA PARKWAY, SANTA CLARA CA 95054
Jonathan Andrew Berry	officer: COO	985 POINSETTIA AVE STE A, VISTA CA 92081
Cosentino John A Jr	director	C/O STURM RUGER & COMPANY INC, ONE LACEY PLACE, SOUTHPORT CT 06890
Dale Thomas Robinette	director	15774 SUNSET DRIVE, POWAY CA 92064
Cleveland Capital Management, L.l.c.	10 percent owner	1250 LINDA ST., SUITE 304, ROCKY RIVER OH 44116
Wade Massad	10 percent owner	1414 AVENUE OF THE AMERICAS, NEW YORK NY 10019
Timothy Collins	director	100 PINE STREET, SUITE 605, SAN FRANCISCO CA 94111
James Gevarges	10 percent owner	2240 AUTO PARK WAY, ESCONDIDO CA 92029
Christopher Lee Anthony	director, 10 percent owner, officer: Chairman, CEO, President	2240 AUTO PARK WAY, ESCONDIDO CA 92029