IMTL (Image Protect) Operating Income: $-0.93 Mil (TTM As of Mar. 2017)


What is Image Protect Operating Income?

Image Protect IMTL -99.00% Operating Income is $-0.93 Mil as of Mar. 2017.

Image Protect's Operating Income for the three months ended in Mar. 2017 was $-0.35 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2017 was $-0.93 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Image Protect's Operating Income for the three months ended in Mar. 2017 was $-0.35 Mil. Image Protect's Revenue for the three months ended in Mar. 2017 was $0.05 Mil. Therefore, Image Protect's Operating Margin % for the quarter that ended in Mar. 2017 was -688.24%.

Image Protect'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. Image Protect's annualized ROC % for the quarter that ended in Mar. 2017 was -187.95%. Image Protect's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2017 was %.

Image Protect  (OTCPK:IMTL) Operating Income Explanation

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

Image Protect's annualized ROC % for the quarter that ended in Mar. 2017 is calculated as:

ROC % (Q: Mar. 2017 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2016 ) + Invested Capital (Q: Mar. 2017 ))/ count )
=-1.404 * ( 1 - 0% )/( (0.743 + 0.751)/ 2 )
=-1.404/0.747
=-187.95 %

where

Invested Capital(Q: Dec. 2016 )
=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))
=0.262 - 1.093 - ( 0 - max(0, 1.83 - 0.256+0))
=0.743

Invested Capital(Q: Mar. 2017 )
=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))
=0.04 - 0.987 - ( 0.004 - max(0, 1.733 - 0.035+0.004))
=0.751

Note: The Operating Income data used here is four times the quarterly (Mar. 2017) data.

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

Image Protect's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2017 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2017 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2016  Q: Mar. 2017
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-1.464/( ( (0 + max(-1.246, 0)) + (0 + max(-1.369, 0)) )/ 2 )
=-1.464/( ( 0 + 0 )/ 2 )
=-1.464/0
= %

where Working Capital is:

Working Capital(Q: Dec. 2016 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.223 + 0 + 0.033) - (1.093 + 0 + 0.409)
=-1.246

Working Capital(Q: Mar. 2017 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.031) - (0.987 + 0 + 0.413)
=-1.369

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2017) EBIT data.

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

Image Protect's Operating Margin % for the quarter that ended in Mar. 2017 is calculated as:

Operating Margin %=Operating Income (Q: Mar. 2017 )/Revenue (Q: Mar. 2017 )
=-0.351/0.051
=-688.24 %

* 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.

Image Protect Operating Income Related Terms

Image Protect Operating Income Historical Data

* Premium members only.

The historical data trend for Image Protect'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.

Image Protect Operating Income Chart

Image Protect Annual Data
Trend Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec15 Dec16
Operating Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.14 -0.23 0.03 -0.19 -0.72

Image Protect Quarterly Data
Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17
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 -0.12 -0.12 -0.10 -0.36 -0.35

Image Protect 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. 2017 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.93 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 $-0.93 Mil mean?
Image Protect (IMTL) has a Operating Income of $-0.93 Mil as of Mar. 2017. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Image Protect and its competitors.
Is Image Protect's Operating Income too high?
Image Protect's current Operating Income is $-0.93 Mil.
How does Image Protect's Operating Income compare to MWRK and CYAP?
Image Protect's Operating Income of $-0.93 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 Image Protect and its competitors. Image Protect's current Operating Income is $-0.93 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Image Protect stock overvalued right now?
Image Protect (IMTL) has a current Operating Income of $-0.93 Mil. The current Operating Income is $-0.93 Mil. 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 Image Protect (IMTL), the current Operating Income is $-0.93 Mil as of Mar. 2017. 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.

Image Protect Business Description

Address 3001 North Rocky Point Drive East, Suite 200, Tampa, FL, USA, 33607
Image Protect Inc is a Technology and Business Services company, providing services in vitally important Review and Reputation Management for businesses of all types and sizes, as well as individuals who need online reputation assistance.