Arecor Therapeutics (FRA:6UI) Operating Income: €-4.72 Mil (TTM As of Dec. 2025)

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FRA:6UI Arecor Therapeutics PLC FRA:6UI
39 GF Score
Price €0.63
GF Value €0.45
! 6 Warning Signs
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What is Arecor Therapeutics Operating Income?

Arecor Therapeutics FRA:6UI -3.08% 39 Operating Income is €-4.72 Mil as of Dec. 2025. GuruFocus rates FRA:6UI with a GF Score™ of 39/100 and a GF Value™ of €0.45. The stock has 6 warning signs investors should review.

Arecor Therapeutics's Operating Income for the six months ended in Dec. 2025 was €-1.24 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2025 was €-4.72 Mil.

Warning Sign:

Arecor Therapeutics PLC 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. Arecor Therapeutics's Operating Income for the six months ended in Dec. 2025 was €-1.24 Mil. Arecor Therapeutics's Revenue for the six months ended in Dec. 2025 was €-0.33 Mil. Therefore, Arecor Therapeutics's Operating Margin % for the quarter that ended in Dec. 2025 was 374.85%.

Good Sign:

Arecor Therapeutics PLC operating margin is expanding. Margin expansion is usually a good sign.

Arecor Therapeutics's 5-Year average Growth Rate for Operating Margin % was 4.80% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Arecor Therapeutics's annualized ROC % for the quarter that ended in Dec. 2025 was -230.97%. Arecor Therapeutics's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 971.43%.


Arecor Therapeutics  (FRA:6UI) Operating Income Explanation

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

Arecor Therapeutics's annualized ROC % for the quarter that ended in Dec. 2025 is calculated as:

ROC % (Q: Dec. 2025 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2025 ) + Invested Capital (Q: Dec. 2025 ))/ count )
=-2.474 * ( 1 - 2.72% )/( (1.405 + 0.679)/ 2 )
=-2.4067072/1.042
=-230.97 %

where

Note: The Operating Income data used here is two times the semi-annual (Dec. 2025) data.

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

Arecor Therapeutics's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2025 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2025  Q: Dec. 2025
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=8.092/( ( (0.466 + max(0.793, 0)) + (0.341 + max(0.066, 0)) )/ 2 )
=8.092/( ( 1.259 + 0.407 )/ 2 )
=8.092/0.833
=971.43 %

where Working Capital is:

Working Capital(Q: Jun. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(2.79 + 0.132 + 0.473) - (2.552 + 0 + 0.05)
=0.793

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.718 + 0 + 1.079) - (1.618 + 0 + 0.113)
=0.066

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Dec. 2025) EBIT data.

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

Arecor Therapeutics's Operating Margin % for the quarter that ended in Dec. 2025 is calculated as:

Operating Margin %=Operating Income (Q: Dec. 2025 )/Revenue (Q: Dec. 2025 )
=-1.237/-0.33
=374.85 %

* 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.


Arecor Therapeutics Operating Income Related Terms


Arecor Therapeutics Operating Income Historical Data

* Premium members only.

The historical data trend for Arecor Therapeutics'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.

Arecor Therapeutics Operating Income Chart

Arecor Therapeutics Annual Data
Trend May17 May18 May19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Operating Income
Get a 7-Day Free Trial Premium Member Only -7.58 -12.09 -10.65 -6.25 -4.62

Arecor Therapeutics Semi-Annual Data
May17 May18 May19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 -4.95 -5.71 -0.41 -3.49 -1.24
FRA:6UI
39GF Score
Arecor Therapeutics PLC FRA:6UI
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Arecor Therapeutics 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. 2025 adds up the semi-annually data reported by the company within the most recent 12 months, which was €-4.72 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 €-4.72 Mil mean?
Arecor Therapeutics (FRA:6UI) has a Operating Income of €-4.72 Mil as of Dec. 2025. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Arecor Therapeutics and its competitors.
Is Arecor Therapeutics' Operating Income too high?
Arecor Therapeutics' current Operating Income is €-4.72 Mil. Overall, Arecor Therapeutics has a GF Score™ of 39/100, reflecting its overall financial health beyond just this single metric.
How does Arecor Therapeutics' Operating Income compare to VRTX and REGN?
Arecor Therapeutics' Operating Income of €-4.72 Mil can be compared against companies in the Biotechnology 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 Biotechnology company?
A good Operating Income depends on the Biotechnology 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 Arecor Therapeutics and its competitors. Arecor Therapeutics's current Operating Income is €-4.72 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Arecor Therapeutics stock overvalued right now?
Arecor Therapeutics (FRA:6UI) has a current Operating Income of €-4.72 Mil. The stock's GF Value™ is €0.45, compared to a current price of €0.63 — trading 40% above its estimated fair value. The current Operating Income is €-4.72 Mil. Arecor Therapeutics' overall GF Score™ is 39/100 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 Arecor Therapeutics (FRA:6UI), the current Operating Income is €-4.72 Mil as of Dec. 2025. 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 Arecor Therapeutics (FRA:6UI) Overvalued in 2026?

Based on GuruFocus' analysis, Arecor Therapeutics stock appears to be overvalued. The current stock price of €0.63 is trading 40% above its estimated GF Value™ of €0.45.

Key valuation signals for FRA:6UI:

  • Operating Income: €-4.72 Mil
  • GF Value™: €0.45 vs. price of €0.63 (40% above fair value)
  • GF Score™: 39/100 with 6 warning signs

No single metric tells the full story. See the FRA:6UI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Arecor Therapeutics Business Description

Other Exchanges AREC:UK6UI:Germany
Address Chesterford Research Park, Little Chesterford, Saffron Walden, GBR, CB10 1XL
Arecor Therapeutics PLC is a focused biopharmaceutical company. The company is transforming patient care by bringing medicines to market through the enhancement of existing therapeutic products. By applying an proprietary formulation technology platform, Aresta. It is developing a portfolio of proprietary products in diabetes and other indications and working with pharmaceutical and biotechnology companies to deliver enhanced reformulations of their therapies. Geographically, it operates in the UK, Europe (excl. UK) & Middle East, and the USA, out of which the majority is from the Europe (excl. UK) & Middle East.
39GF Score

Get the complete analysis for FRA:6UI

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

€0.63
Price
€0.45
GF Value