Enhanced Group (FRA:K7J) Operating Income: € Mil (TTM As of Dec. 2025)

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FRA:K7J Enhanced Group Inc FRA:K7J
20 GF Score
Price €2.23
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What is Enhanced Group Operating Income?

Enhanced Group FRA:K7J +1.13% 20 Operating Income is € Mil as of Dec. 2025. GuruFocus rates FRA:K7J with a GF Score™ of 20/100.

Enhanced Group's Operating Income for the six months ended in Dec. 2025 was €-22.96 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Enhanced Group's Operating Income for the six months ended in Dec. 2025 was €-22.96 Mil. Enhanced Group's Revenue for the six months ended in Dec. 2025 was €0.00 Mil. Therefore, Enhanced Group's Operating Margin % for the quarter that ended in Dec. 2025 was %.

Enhanced Group'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. Enhanced Group's annualized ROC % for the quarter that ended in Dec. 2025 was -167.97%. Enhanced Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was -12,279.68%.

Enhanced Group  (FRA:K7J) Operating Income Explanation

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

Enhanced Group'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: Dec. 2024 ) + Invested Capital (Q: Dec. 2025 ))/ count )
=-22.963 * ( 1 - 0% )/( (0.031 + 27.311)/ 2 )
=-22.963/13.671
=-167.97 %

where

Invested Capital(Q: Dec. 2024 )
=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))
=3.968 - 1.815 - ( 3.837 - max(0, 1.815 - 3.937+3.837))
=0.031

Invested Capital(Q: Dec. 2025 )
=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))
=27.413 - 2.555 - ( 21.567 - max(0, 28.308 - 25.855+21.567))
=27.311

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

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

Enhanced Group'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: Dec. 2024  Q: Dec. 2025
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-22.963/( ( (0.003 + max(-1.715, 0)) + (0.371 + max(-24.02, 0)) )/ 2 )
=-22.963/( ( 0.003 + 0.371 )/ 2 )
=-22.963/0.187
=-12,279.68 %

where Working Capital is:

Working Capital(Q: Dec. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.1) - (1.815 + 0 + 0)
=-1.715

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 4.288) - (2.555 + 0 + 25.753)
=-24.02

When net working capital is negative, 0 is used.

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

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

Enhanced Group'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 )
=-22.963/0
= %

* 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.

Enhanced Group Operating Income Related Terms

Enhanced Group Operating Income Historical Data

* Premium members only.

The historical data trend for Enhanced Group'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.

Enhanced Group Operating Income Chart

Enhanced Group Annual Data
Trend Dec24 Dec25
Operating Income
-4.25 -22.96

Enhanced Group Semi-Annual Data
Dec24 Dec25
Operating Income -4.25 -22.96
FRA:K7J
20GF Score
Enhanced Group Inc FRA:K7J
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Enhanced Group 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.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Operating Income for the trailing twelve months (TTM) ended in Dec. 2025 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?
Enhanced Group (FRA:K7J) has a Operating Income of € Mil as of Dec. 2025. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Enhanced Group and its competitors.
Is Enhanced Group's Operating Income too high?
Enhanced Group's current Operating Income is € Mil. Overall, Enhanced Group has a GF Score™ of 20/100, reflecting its overall financial health beyond just this single metric.
How does Enhanced Group's Operating Income compare to NATR and USNA?
Enhanced Group's Operating Income of € Mil can be compared against companies in the Consumer Packaged Goods 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 Consumer Packaged Goods company?
A good Operating Income depends on the Consumer Packaged Goods 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 Enhanced Group and its competitors. Enhanced Group'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 Enhanced Group stock overvalued right now?
Enhanced Group (FRA:K7J) has a current Operating Income of € Mil. The current Operating Income is € Mil. Enhanced Group's overall GF Score™ is 20/100. 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 Enhanced Group (FRA:K7J), the current Operating Income is € 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.

Enhanced Group Business Description

Other Exchanges ENHA:USA
Address 71 Fort Street, P.O. Box 1569, 6th Floor Athena Tower, George Town, Grand Cayman, CYM, KY1-1110
Enhanced Group Inc develops and sells sports and performance-related products intended for use by athletes and consumers. Its offerings focus on products associated with physical performance, health, and recovery. Its two principal offerings include: (i) the Enhanced Games, a live, multi-sport competition platform designed to showcase both "Enhanced" and "Non-Enhanced" athletes pursuing world-record performances under medically supervised conditions; and (ii) Live Enhanced, a direct-to-consumer digital and clinician-guided wellness platform offering evidence-based protocols, supplements, and coaching for consumers seeking to improve health, longevity, and well-being. The majority of the company's revenue is derived from products associated with physical performance, health, and recovery.
20GF Score

Get the complete analysis for FRA:K7J

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

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