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Kubient (Kubient) Operating Income : $-9.38 Mil (TTM As of Mar. 2023)


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What is Kubient Operating Income?

Kubient's Operating Income for the three months ended in Mar. 2023 was $-2.49 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2023 was $-9.38 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Kubient's Operating Income for the three months ended in Mar. 2023 was $-2.49 Mil. Kubient's Revenue for the three months ended in Mar. 2023 was $0.01 Mil. Therefore, Kubient's Operating Margin % for the quarter that ended in Mar. 2023 was -20,716.67%.

Kubient'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. Kubient's annualized ROC % for the quarter that ended in Mar. 2023 was -5,633.99%. Kubient's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2023 was %.


Kubient Operating Income Historical Data

The historical data trend for Kubient'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.

Kubient Operating Income Chart

Kubient Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22
Operating Income
-3.77 -3.32 -4.47 -9.49 -11.11

Kubient Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
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 -4.22 -2.71 -1.68 -2.51 -2.49

Kubient 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. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-9.38 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.


Kubient  (OTCPK:KBNT) Operating Income Explanation

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

Kubient's annualized ROC % for the quarter that ended in Mar. 2023 is calculated as:

ROC % (Q: Mar. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2022 ) + Invested Capital (Q: Mar. 2023 ))/ count )
=-9.944 * ( 1 - 0% )/( (0.233 + 0.12)/ 2 )
=-9.944/0.1765
=-5,633.99 %

where

Note: The Operating Income data used here is four times the quarterly (Mar. 2023) data.

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

Kubient's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2023 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2022  Q: Mar. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-9.852/( ( (0 + max(-1.866, 0)) + (0 + max(-1.31, 0)) )/ 2 )
=-9.852/( ( 0 + 0 )/ 2 )
=-9.852/0
= %

where Working Capital is:

Working Capital(Q: Dec. 2022 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.136 + 0 + 0.347) - (2.126 + 0.028 + 0.195)
=-1.866

Working Capital(Q: Mar. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.098 + 0 + 0.314) - (1.612 + 0.001 + 0.109)
=-1.31

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2023) EBIT data.

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

Kubient's Operating Margin % for the quarter that ended in Mar. 2023 is calculated as:

Operating Margin %=Operating Income (Q: Mar. 2023 )/Revenue (Q: Mar. 2023 )
=-2.486/0.012
=-20,716.67 %

* 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.


Kubient Operating Income Related Terms

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Kubient (Kubient) Business Description

Traded in Other Exchanges
N/A
Address
500 7th Avenue, 8th Floor, New York, NY, USA, 10018
Kubient Inc has developed a cloud-based software platform for real-time trading of digital, programmatic advertising. The platform allows both advertisers and publishers to use machine learning during any programmatic ad space auction.
Executives
Capital Spc Mithaq 10 percent owner C/O SYNERGY, ANAS IBN MALIK ROAD, AL MALQA, RIYADH T0 13521
Alrajhi Turki Saleh A. other: DIRECTOR TO MITHAQ CAPITAL SPC MITHAQ CAPITAL, C/O SYNERGY, ANAS IBN MALIK ROAD, AL MALQA, RIYADH T0 13521
Muhammad Asif Seemab other: DIRECTOR TO MITHAQ CAPITAL SPC MITHAQ CAPITAL, C/O SYNERGY, ANAS IBN MALIK ROAD, AL MALQA, RIYADH T0 13521
Mitchell Berg officer: Chief Technology Officer 3 PEGS LANE, COLD SPRING HARBOR NY 11724
Leon Zemel officer: Chief Product Officer 45 OXFORD ROAD, NEW ROCHELLE NY 10804
Joshua Adam Weiss officer: Chief Financial Officer 330 SEVENTH AVENUE, 10TH FLOOR, NEW YORK NY 10011
Grainne M Coen director 111 WEST 28TH STREET, NEW YORK NY 10001
Jonathan Bond director C/O SITO MOBILE, LTD., 100 TOWN SQUARE PLACE, SUITE 204, JERSEY CITY NJ 07310
Lawrence G Harris director 180 BAYVIEW AVENUE, NORTHPORT NY 11768
Christopher Francia officer: Chief Product Officer 49 HARDING AVE., VALHALLA NY 10595
Bordes Peter A Jr director, officer: Chief Executive Officer C/O BEASLEY BROADCAST GROUP, INC., 3033 RIVIERA DRIVE, SUITE 200, NAPLES FL 34103
Christopher H Smith director C/O ONEIDA LTD., 163-181 KENWOOD AVENUE, ONEIDA NY 13421
Paul Damian Roberts director, officer: See Remarks 111 WEST 28TH STREET, NEW YORK NY 10001
Pavel Medvedev officer: Chief Technology Officer 228 PARK AVENUE SOUTH, SUITE 72602, NEW YORK NY 10003
Christopher Andrews officer: Chief Digital Officer 228 PARK AVENUE SOUTH, SUITE 72602, NEW YORK NY 10003