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Kalera (Kalera) Operating Income : $-68.16 Mil (TTM As of Sep. 2022)


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What is Kalera Operating Income?

Kalera's Operating Income for the three months ended in Sep. 2022 was $-18.48 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Sep. 2022 was $-68.16 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Kalera's Operating Income for the three months ended in Sep. 2022 was $-18.48 Mil. Kalera's Revenue for the three months ended in Sep. 2022 was $1.67 Mil. Therefore, Kalera's Operating Margin % for the quarter that ended in Sep. 2022 was -1,104.06%.

Kalera'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. Kalera's annualized ROC % for the quarter that ended in Sep. 2022 was -18.51%. Kalera's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2022 was -37.23%.


Kalera Operating Income Historical Data

The historical data trend for Kalera'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.

Kalera Operating Income Chart

Kalera Annual Data
Trend Dec20 Dec21
Operating Income
-8.48 -39.41

Kalera Quarterly Data
Dec20 Jun21 Sep21 Dec21 Jun22 Sep22
Operating Income Get a 7-Day Free Trial -7.77 -9.47 -17.12 -32.56 -18.48

Kalera 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. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $-68.16 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.


Kalera  (OTCPK:KALRQ) Operating Income Explanation

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

Kalera's annualized ROC % for the quarter that ended in Sep. 2022 is calculated as:

ROC % (Q: Sep. 2022 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2022 ) + Invested Capital (Q: Sep. 2022 ))/ count )
=-73.928 * ( 1 - 31.51% )/( (280.869 + 266.277)/ 2 )
=-50.6332872/273.573
=-18.51 %

where

Note: The Operating Income data used here is four times the quarterly (Sep. 2022) data.

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

Kalera's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2022 is calculated as:

ROC (Joel Greenblatt) %(Q: Sep. 2022 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2022  Q: Sep. 2022
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-73.928/( ( (198.499 + max(-10.532, 0)) + (198.643 + max(-10.92, 0)) )/ 2 )
=-73.928/( ( 198.499 + 198.643 )/ 2 )
=-73.928/198.571
=-37.23 %

where Working Capital is:

Working Capital(Q: Jun. 2022 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1.043 + 1.176 + 1.714) - (14.465 + 0 + 0)
=-10.532

Working Capital(Q: Sep. 2022 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.703 + 1.28 + 2.808) - (15.711 + 0 + 0)
=-10.92

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Sep. 2022) EBIT data.

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

Kalera's Operating Margin % for the quarter that ended in Sep. 2022 is calculated as:

Operating Margin %=Operating Income (Q: Sep. 2022 )/Revenue (Q: Sep. 2022 )
=-18.482/1.674
=-1,104.06 %

* 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.


Kalera Operating Income Related Terms

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Kalera (Kalera) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
10 Earlsfort Terrace, Dublin, IRL, D02 T380
Kalera PLC is a vertical farming company. It produces fresh, nutritious, and excellent tasting leafy greens with minimal environmental impact. It has spent several years optimizing plant nutrient formulas and developing an advanced automation and data acquisition system with Internet of Things, cloud, big data analytics and artificial intelligence. Kalera currently operates farms in Orlando (Florida), Atlanta (Georgia), Houston (Texas), and Kuwait.
Executives
Jong Brent De director BOUNDARY HALL, CRICKET SQUARE, GRAND CAYMAN E9 KY1-1102
Andrea Weiss director 23 RAMRAPO COURT WEST, GLENROCK NJ 07452
Maria Sastre director C/O DARDEN RESTAURANTS, INC., 1000 DARDEN CENTER DRIVE, ORLANDO FL 32837
Curtis B Mcwilliams director 450 SOUTH ORANGE AVENUE, ORLANDO FL 32801
James Leighton director, officer: Chief Executive Officer 11408 NEWPORT BAY DRIVE, BERLIN MD 21811
Robert Arnall director KALERA PLC, 7455 EMERALD DUNES DR., ORLANDO FL 82322
Umur Hursever director KALERA PLC, 7455 EMERALD DUNES DR., ORLANDO FL 82322
Aric Nissen officer: Chief Marketing Officer KALERA PLC, 7455 EMERALD DUNES DR., ORLANDO FL 82322
Henner Schwarz officer: Chief Commercial Officer KALERA PLC, 7455 EMERALD DUNES DR., ORLANDO FL 82322
Cristian Toma director, officer: Chief Science Officer KALERA PLC, 7455 EMERALD DUNES DR., ORLANDO FL 82322
Austin Martin officer: Chief Operating Officer KALERA PLC, 7455 EMERALD DUNES DR., ORLANDO FL 82322
Fernando Cornejo officer: Chief Financial Officer KALERA PLC, 7455 EMERALD DUNES DR., ORLANDO FL 82322
Faisal Almeshal director KALERA PLC, 7455 EMERALD DUNES DR., ORLANDO FL 82322
Sonny Perdue director KALERA PLC, 7455 EMERALD DUNES DR., ORLANDO FL 82322
Jade Stinson officer: Chief Innovation Officer KALERA PLC, 7455 EMERALD DUNES DR., ORLANDO FL 82322

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