Crunchfish AB (FRA:1DA) Operating Income: €-1.78 Mil (TTM As of Mar. 2026)

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FRA:1DA Crunchfish AB FRA:1DA
44 GF Score
Price €0.20
GF Value €0.10
! 6 Warning Signs
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What is Crunchfish AB Operating Income?

Crunchfish AB FRA:1DA -4.45% 44 Operating Income is €-1.78 Mil as of Mar. 2026. GuruFocus rates FRA:1DA with a GF Score™ of 44/100 and a GF Value™ of €0.10. The stock has 6 warning signs investors should review.

Crunchfish AB's Operating Income for the three months ended in Mar. 2026 was €-0.41 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was €-1.78 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Crunchfish AB's Operating Income for the three months ended in Mar. 2026 was €-0.41 Mil. Crunchfish AB's Revenue for the three months ended in Mar. 2026 was €0.03 Mil. Therefore, Crunchfish AB's Operating Margin % for the quarter that ended in Mar. 2026 was -1,366.67%.

Warning Sign:

Crunchfish AB operating margin has been in a 5-year decline. The average rate of decline per year is -57.7%.

Crunchfish AB's 5-Year average Growth Rate for Operating Margin % was -57.70% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Crunchfish AB's annualized ROC % for the quarter that ended in Mar. 2026 was -37.69%. Crunchfish AB's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -2,895.58%.


Crunchfish AB  (FRA:1DA) Operating Income Explanation

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

Crunchfish AB's annualized ROC % for the quarter that ended in Mar. 2026 is calculated as:

ROC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=-1.64 * ( 1 - 0% )/( (4.264 + 4.439)/ 2 )
=-1.64/4.3515
=-37.69 %

where

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

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

Crunchfish AB's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-1.636/( ( (0.059 + max(-0.256, 0)) + (0.054 + max(-0.458, 0)) )/ 2 )
=-1.636/( ( 0.059 + 0.054 )/ 2 )
=-1.636/0.0565
=-2,895.58 %

where Working Capital is:

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.058 + 0 + 0.194) - (0.08 + 0 + 0.428)
=-0.256

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.047 + 0 + 1.1102230246252E-16) - (0.07 + 0 + 0.435)
=-0.458

When net working capital is negative, 0 is used.

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

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

Crunchfish AB's Operating Margin % for the quarter that ended in Mar. 2026 is calculated as:

Operating Margin %=Operating Income (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=-0.41/0.03
=-1,366.67 %

* 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.


Crunchfish AB Operating Income Related Terms


Crunchfish AB Operating Income Historical Data

* Premium members only.

The historical data trend for Crunchfish AB'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.

Crunchfish AB Operating Income Chart

Crunchfish AB Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Operating Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.82 -2.21 -2.85 -2.29 -2.07

Crunchfish AB Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 -0.46 -0.46 -0.48 -0.44 -0.41
FRA:1DA
44GF Score
Crunchfish AB FRA:1DA
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Crunchfish AB 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. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €-1.78 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 €-1.78 Mil mean?
Crunchfish AB (FRA:1DA) has a Operating Income of €-1.78 Mil as of Mar. 2026. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Crunchfish AB and its competitors.
Is Crunchfish AB's Operating Income too high?
Crunchfish AB's current Operating Income is €-1.78 Mil. Overall, Crunchfish AB has a GF Score™ of 44/100, reflecting its overall financial health beyond just this single metric.
How does Crunchfish AB's Operating Income compare to UBER and SHOP?
Crunchfish AB's Operating Income of €-1.78 Mil can be compared against companies in the Software 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 Software company?
A good Operating Income depends on the Software 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 Crunchfish AB and its competitors. Crunchfish AB's current Operating Income is €-1.78 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Crunchfish AB stock overvalued right now?
Crunchfish AB (FRA:1DA) has a current Operating Income of €-1.78 Mil. The stock's GF Value™ is €0.10, compared to a current price of €0.20 — trading 104% above its estimated fair value. The current Operating Income is €-1.78 Mil. Crunchfish AB's overall GF Score™ is 44/100 with 6 warning signs to review. 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 Crunchfish AB (FRA:1DA), the current Operating Income is €-1.78 Mil as of Mar. 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.

Is Crunchfish AB (FRA:1DA) Overvalued in 2026?

Based on GuruFocus' analysis, Crunchfish AB stock appears to be overvalued. The current stock price of €0.20 is trading 104% above its estimated GF Value™ of €0.10.

Key valuation signals for FRA:1DA:

  • Operating Income: €-1.78 Mil
  • GF Value™: €0.10 vs. price of €0.20 (104% above fair value)
  • GF Score™: 44/100 with 6 warning signs

No single metric tells the full story. See the FRA:1DA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Crunchfish AB Business Description

Other Exchanges CFISH:Sweden
Address Stora Varvsgatan 6A, Malmo, SWE, 211 19
Crunchfish AB is a technical pioneer in digital payment with a patent-pending Digital Cash solution that uses a two-step payment process, first clearing offline followed by online settlement. This makes digital payment robust and independent of the network. Crunchfish digital cash wallet is exceptionally flexible and can be used with all types of payment solutions. It delivers the properties of cash, such as immediate clearing, offline payments and preservation of the payer's integrity, without requiring any changes to the central or commercial banking infrastructures. The company has also developed Blippit, an app terminal that connects to cash register systems for both online and offline payments and has a patent-pending solution to reduce food waste.
44GF Score

Get the complete analysis for FRA:1DA

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

€0.20
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€0.10
GF Value