FSTJ (First America Resources) Operating Income: $0.30 Mil (TTM As of Sep. 2025)


FSTJ First America Resources Corp FSTJ
26 GF Score
Price $0.48
! 3 Warning Signs
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What is First America Resources Operating Income?

First America Resources FSTJ 26 Operating Income is $0.30 Mil as of Sep. 2025. GuruFocus rates FSTJ with a GF Score™ of 26/100. The stock has 3 warning signs investors should review.

First America Resources's Operating Income for the three months ended in Sep. 2025 was $0.25 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Sep. 2025 was $0.30 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. First America Resources's Operating Income for the three months ended in Sep. 2025 was $0.25 Mil. First America Resources's Revenue for the three months ended in Sep. 2025 was $5.47 Mil. Therefore, First America Resources's Operating Margin % for the quarter that ended in Sep. 2025 was 4.53%.

First America Resources'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. First America Resources's annualized ROC % for the quarter that ended in Sep. 2025 was 16.25%. First America Resources's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2025 was 42.54%.

First America Resources  (OTCPK:FSTJ) Operating Income Explanation

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

First America Resources's annualized ROC % for the quarter that ended in Sep. 2025 is calculated as:

ROC % (Q: Sep. 2025 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2025 ) + Invested Capital (Q: Sep. 2025 ))/ count )
=0.992 * ( 1 - 0% )/( (6.354 + 5.853)/ 2 )
=0.992/6.1035
=16.25 %

where

Invested Capital(Q: Jun. 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))
=6.928 - 3.586 - ( 0.151 - max(0, 6.25 - 3.238+0.151))
=6.354

Invested Capital(Q: Sep. 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))
=6.648 - 3.469 - ( 0.4 - max(0, 5.831 - 3.157+0.4))
=5.853

Note: The Operating Income data used here is four times the quarterly (Sep. 2025) data.

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

First America Resources's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2025 is calculated as:

ROC (Joel Greenblatt) %(Q: Sep. 2025 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2025  Q: Sep. 2025
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=1/( ( (2.463 + max(-0.549, 0)) + (2.239 + max(-0.712, 0)) )/ 2 )
=1/( ( 2.463 + 2.239 )/ 2 )
=1/2.351
=42.54 %

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)
=(3.006 + 0 + 0.081) - (3.586 + 0 + 0.050000000000001)
=-0.549

Working Capital(Q: Sep. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(2.753 + 0 + 0.004) - (3.469 + 0 + 8.8817841970013E-16)
=-0.712

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Sep. 2025) EBIT data.

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

First America Resources's Operating Margin % for the quarter that ended in Sep. 2025 is calculated as:

Operating Margin %=Operating Income (Q: Sep. 2025 )/Revenue (Q: Sep. 2025 )
=0.248/5.47
=4.53 %

* 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.

First America Resources Operating Income Related Terms

First America Resources Operating Income Historical Data

* Premium members only.

The historical data trend for First America Resources'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.

First America Resources Operating Income Chart

First America Resources Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Operating Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.02 -0.02 -0.02 -0.02 -0.04

First America Resources Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25
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 -0.00 -0.03 -0.01 0.10 0.25
FSTJ
26GF Score
First America Resources Corp FSTJ
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
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First America Resources 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 Sep. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.30 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 $0.30 Mil mean?
First America Resources (FSTJ) has a Operating Income of $0.30 Mil as of Sep. 2025. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on First America Resources and its competitors.
Is First America Resources' Operating Income too high?
First America Resources' current Operating Income is $0.30 Mil. Overall, First America Resources has a GF Score™ of 26/100, reflecting its overall financial health beyond just this single metric.
How does First America Resources' Operating Income compare to DTSQ and QETA?
First America Resources' Operating Income of $0.30 Mil can be compared against companies in the Diversified Financial Services 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 Diversified Financial Services company?
A good Operating Income depends on the Diversified Financial Services 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 First America Resources and its competitors. First America Resources's current Operating Income is $0.30 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is First America Resources stock overvalued right now?
First America Resources (FSTJ) has a current Operating Income of $0.30 Mil. The current Operating Income is $0.30 Mil. First America Resources' overall GF Score™ is 26/100 with 3 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 First America Resources (FSTJ), the current Operating Income is $0.30 Mil as of Sep. 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.

First America Resources Business Description

Address 1000 East Armstrong Street, Morris, IL, USA, 60450
First America Resources Corp operates in the IT asset disposition (ITAD) and electronics recycling industry. It provides ITAD services including equipment collection, logistics, asset tracking, testing, data destruction, refurbishment, resale, and recycling. It also offers data security through secure data sanitization and destruction. Its AI Infrastructure Lifecycle Services cover removal, transportation, processing, and recycling of servers, storage, and networking equipment. Additional services include data center decommissioning, electronics recycling with material recovery, and recycling of renewable energy and emerging technologies such as solar panels, electric vehicle batteries, and high-performance computing systems.
26GF Score

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