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Zytronic (FRA:8HD) Operating Income : €-2.24 Mil (TTM As of Mar. 2024)


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What is Zytronic Operating Income?

Zytronic's Operating Income for the six months ended in Mar. 2024 was €-0.95 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2024 was €-2.24 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Zytronic's Operating Income for the six months ended in Mar. 2024 was €-0.95 Mil. Zytronic's Revenue for the six months ended in Mar. 2024 was €3.88 Mil. Therefore, Zytronic's Operating Margin % for the quarter that ended in Mar. 2024 was -24.43%.

Zytronic'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. Zytronic's annualized ROC % for the quarter that ended in Mar. 2024 was -13.78%. Zytronic's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -20.05%.


Zytronic Operating Income Historical Data

The historical data trend for Zytronic'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.

Zytronic Operating Income Chart

Zytronic Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Operating Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.35 0.45 0.53 0.80 -2.03

Zytronic Semi-Annual Data
Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24
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 0.48 0.34 -0.72 -1.29 -0.95

Zytronic 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. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was €-2.24 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.


Zytronic  (FRA:8HD) Operating Income Explanation

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

Zytronic's annualized ROC % for the quarter that ended in Mar. 2024 is calculated as:

ROC % (Q: Mar. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2023 ) + Invested Capital (Q: Mar. 2024 ))/ count )
=-1.894 * ( 1 - 20.03% )/( (10.754 + 11.235)/ 2 )
=-1.5146318/10.9945
=-13.78 %

where

Note: The Operating Income data used here is two times the semi-annual (Mar. 2024) data.

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

Zytronic's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2023  Q: Mar. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-1.894/( ( (5.75 + max(3.388, 0)) + (5.574 + max(4.179, 0)) )/ 2 )
=-1.894/( ( 9.138 + 9.753 )/ 2 )
=-1.894/9.4455
=-20.05 %

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)
=(1.085 + 3.144 + 0.367) - (0.566 + 0 + 0.642)
=3.388

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1.659 + 3.572 + 0.00099999999999945) - (0.653 + 0 + 0.4)
=4.179

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Mar. 2024) EBIT data.

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

Zytronic's Operating Margin % for the quarter that ended in Mar. 2024 is calculated as:

Operating Margin %=Operating Income (Q: Mar. 2024 )/Revenue (Q: Mar. 2024 )
=-0.947/3.876
=-24.43 %

* 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.


Zytronic Operating Income Related Terms

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Zytronic Business Description

Traded in Other Exchanges
Address
Whiteley Road, Blaydon On Tyne, Tyne and Wear, GBR, NE21 5NJ
Zytronic PLC is a developer, manufacturer, and supplier of touch sensors. Some of its touch sensors products include ZyFilm, ZyBrid, ZyTouch, and ZyPoS, and it has applications in various sectors such as Digital Signage, Gaming, Point of Sale, Financial, Industrial and others. The company's patented projected capacitive technologies(PCT) and mutual projected capacitive technologies(MPCT) offer benefits to traditional users of resistive, capacitive, and surface acoustic wave technologies. The company currently operates in the following geographical markets: Americas (excluding the USA), USA, EMEA (excluding UK and Hungary), Hungary, UK, APAC (excluding South Korea), and South Korea which is its key revenue generating market.

Zytronic Headlines

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