FMAC (Future Money Acquisition) Operating Income: $ Mil (TTM As of Apr. 2026)


FMAC Future Money Acquisition Corp FMAC
8 GF Score
Price $10.00
View Full Analysis

What is Future Money Acquisition Operating Income?

Future Money Acquisition FMAC +0.30% 8 Operating Income is $ Mil as of Apr. 2026. GuruFocus rates FMAC with a GF Score™ of 8/100.

Future Money Acquisition's Operating Income for the three months ended in Apr. 2026 was $-0.06 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Future Money Acquisition's Operating Income for the three months ended in Apr. 2026 was $-0.06 Mil. Future Money Acquisition's Revenue for the three months ended in Apr. 2026 was $0.00 Mil. Therefore, Future Money Acquisition's Operating Margin % for the quarter that ended in Apr. 2026 was %.

Future Money Acquisition'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. Future Money Acquisition's annualized ROC % for the quarter that ended in Apr. 2026 was -0.40%. Future Money Acquisition's annualized ROC (Joel Greenblatt) % for the quarter that ended in Apr. 2026 was -143.85%.

Future Money Acquisition  (NAS:FMAC) Operating Income Explanation

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

Future Money Acquisition's annualized ROC % for the quarter that ended in Apr. 2026 is calculated as:

ROC % (Q: Apr. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jan. 2026 ) + Invested Capital (Q: Apr. 2026 ))/ count )
=-0.228 * ( 1 - 0% )/( (0.26 + 113.268)/ 2 )
=-0.228/56.764
=-0.40 %

where

Invested Capital(Q: Jan. 2026 )
=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))
=0.19 - 0 - ( 0 - max(0, 0.26 - 0.19+0))
=0.26

Invested Capital(Q: Apr. 2026 )
=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))
=113.432 - 0.013 - ( 0.151 - max(0, 0.014 - 0.524+0.151))
=113.268

Note: The Operating Income data used here is four times the quarterly (Apr. 2026) data.

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

Future Money Acquisition's annualized ROC (Joel Greenblatt) % for the quarter that ended in Apr. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Apr. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jan. 2026  Q: Apr. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-0.228/( ( (0 + max(0.19, 0)) + (0 + max(0.127, 0)) )/ 2 )
=-0.228/( ( 0.19 + 0.127 )/ 2 )
=-0.228/0.1585
=-143.85 %

where Working Capital is:

Working Capital(Q: Jan. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.19) - (0 + 0 + 0)
=0.19

Working Capital(Q: Apr. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.14) - (0.013 + 0 + 1.7347234759768E-18)
=0.127

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Apr. 2026) EBIT data.

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

Future Money Acquisition's Operating Margin % for the quarter that ended in Apr. 2026 is calculated as:

Operating Margin %=Operating Income (Q: Apr. 2026 )/Revenue (Q: Apr. 2026 )
=-0.057/0
= %

* 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.

Future Money Acquisition Operating Income Related Terms

Future Money Acquisition Operating Income Historical Data

* Premium members only.

The historical data trend for Future Money Acquisition'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.

Future Money Acquisition Operating Income Chart

Future Money Acquisition Annual Data
Trend Oct25
Operating Income
0.00

Future Money Acquisition Quarterly Data
Oct25 Jan26 Apr26
Operating Income 0.00 -0.05 -0.06
FMAC
8GF Score
Future Money Acquisition Corp FMAC
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Future Money Acquisition 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 Apr. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $ 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 $ Mil mean?
Future Money Acquisition (FMAC) has a Operating Income of $ Mil as of Apr. 2026. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Future Money Acquisition and its competitors.
Is Future Money Acquisition's Operating Income too high?
Future Money Acquisition's current Operating Income is $ Mil. Overall, Future Money Acquisition has a GF Score™ of 8/100, reflecting its overall financial health beyond just this single metric.
How does Future Money Acquisition's Operating Income compare to SPEG and WPAC?
Future Money Acquisition's Operating Income of $ Mil can be compared against companies in the Diversified Financial Services 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 Diversified Financial Services company?
A good Operating Income depends on the Diversified Financial Services 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 Future Money Acquisition and its competitors. Future Money Acquisition's current Operating Income is $ Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Future Money Acquisition stock overvalued right now?
Future Money Acquisition (FMAC) has a current Operating Income of $ Mil. The current Operating Income is $ Mil. Future Money Acquisition's overall GF Score™ is 8/100. 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 Future Money Acquisition (FMAC), the current Operating Income is $ Mil as of Apr. 2026. 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.

Future Money Acquisition Business Description

Address 475 Brannan Street, San Francisco, CA, USA, 94107
Future Money Acquisition Corp is a blank check company formed for the purpose of entering into a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization or similar business combination with one or more businesses or entities.
8GF Score

Get the complete analysis for FMAC

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

$10.00
Price