FMBV (Full Motion Beverage) Operating Income: $-2.22 Mil (TTM As of Mar. 2008)


What is Full Motion Beverage Operating Income?

Full Motion Beverage FMBV Operating Income is $-2.22 Mil as of Mar. 2008.

Full Motion Beverage's Operating Income for the three months ended in Mar. 2008 was $-0.17 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2008 was $-2.22 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Full Motion Beverage's Operating Income for the three months ended in Mar. 2008 was $-0.17 Mil. Full Motion Beverage's Revenue for the three months ended in Mar. 2008 was $0.00 Mil. Therefore, Full Motion Beverage's Operating Margin % for the quarter that ended in Mar. 2008 was -17,400.00%.

Full Motion Beverage'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. Full Motion Beverage's annualized ROC % for the quarter that ended in Mar. 2008 was -65.75%. Full Motion Beverage's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2008 was -235.93%.

Full Motion Beverage  (OTCPK:FMBV) Operating Income Explanation

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

Full Motion Beverage's annualized ROC % for the quarter that ended in Mar. 2008 is calculated as:

ROC % (Q: Mar. 2008 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2007 ) + Invested Capital (Q: Mar. 2008 ))/ count )
=-0.696 * ( 1 - 0% )/( (0.788 + 1.329)/ 2 )
=-0.696/1.0585
=-65.75 %

where

Invested Capital(Q: Dec. 2007 )
=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))
=0.317 - 0.656 - ( 0.004 - max(0, 1.131 - 0.004+0.004))
=0.788

Invested Capital(Q: Mar. 2008 )
=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))
=0.291 - 0.277 - ( 0 - max(0, 1.315 - 0+0))
=1.329

Note: The Operating Income data used here is four times the quarterly (Mar. 2008) data.

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

Full Motion Beverage's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2008 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2008 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2007  Q: Mar. 2008
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-0.696/( ( (0.306 + max(-0.734, 0)) + (0.284 + max(-0.554, 0)) )/ 2 )
=-0.696/( ( 0.306 + 0.284 )/ 2 )
=-0.696/0.295
=-235.93 %

where Working Capital is:

Working Capital(Q: Dec. 2007 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0) - (0.656 + 0 + 0.078)
=-0.734

Working Capital(Q: Mar. 2008 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0) - (0.277 + 0 + 0.277)
=-0.554

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2008) EBIT data.

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

Full Motion Beverage's Operating Margin % for the quarter that ended in Mar. 2008 is calculated as:

Operating Margin %=Operating Income (Q: Mar. 2008 )/Revenue (Q: Mar. 2008 )
=-0.174/0.001
=-17,400.00 %

* 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.

Full Motion Beverage Operating Income Related Terms

Full Motion Beverage Operating Income Historical Data

* Premium members only.

The historical data trend for Full Motion Beverage'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.

Full Motion Beverage Operating Income Chart

Full Motion Beverage Annual Data
Trend Dec02 Dec03 Dec04 Dec05 Dec06 Dec07
Operating Income
Get a 7-Day Free Trial -0.13 -1.32 -0.33 -2.16 -2.51

Full Motion Beverage Quarterly Data
Jun03 Sep03 Dec03 Mar04 Jun04 Sep04 Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08
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 -0.47 -0.57 -0.33 -1.15 -0.17

Full Motion Beverage 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 Mar. 2008 adds up the quarterly data reported by the company within the most recent 12 months, which was $-2.22 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 $-2.22 Mil mean?
Full Motion Beverage (FMBV) has a Operating Income of $-2.22 Mil as of Mar. 2008. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Full Motion Beverage and its competitors.
Is Full Motion Beverage's Operating Income too high?
Full Motion Beverage's current Operating Income is $-2.22 Mil.
How does Full Motion Beverage's Operating Income compare to BCCI and BEVS?
Full Motion Beverage's Operating Income of $-2.22 Mil can be compared against companies in the Beverages - Non-Alcoholic 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 Beverages - Non-Alcoholic company?
A good Operating Income depends on the Beverages - Non-Alcoholic 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 Full Motion Beverage and its competitors. Full Motion Beverage's current Operating Income is $-2.22 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Full Motion Beverage stock overvalued right now?
Full Motion Beverage (FMBV) has a current Operating Income of $-2.22 Mil. The current Operating Income is $-2.22 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 Full Motion Beverage (FMBV), the current Operating Income is $-2.22 Mil as of Mar. 2008. 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.

Full Motion Beverage Business Description

Address 121-24 Dupont Street, Plainview, NY, USA, 11803
Full Motion Beverage Inc is in the business of developing, marketing, and distributing non-alcoholic beverage brands that are either proprietary or exclusively represented. The various non-alcoholic beverage brands in its portfolio are Mojava, a ready-to-drink (RTD) black coffee beverage; Energize, an energy booster drink; Liquid Ice Energy Drink, Manhattan Special Premium Coffee Soda, and all Performaxx and Mojito brand beverages.