GURUFOCUS.COM » STOCK LIST » Technology » Hardware » KULR Technology Group Inc (AMEX:KULR) » Definitions » Operating Income

KULR Technology Group (KULR Technology Group) Operating Income : $-22.33 Mil (TTM As of Dec. 2023)


View and export this data going back to 2018. Start your Free Trial

What is KULR Technology Group Operating Income?

KULR Technology Group's Operating Income for the three months ended in Dec. 2023 was $-4.97 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2023 was $-22.33 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. KULR Technology Group's Operating Income for the three months ended in Dec. 2023 was $-4.97 Mil. KULR Technology Group's Revenue for the three months ended in Dec. 2023 was $2.33 Mil. Therefore, KULR Technology Group's Operating Margin % for the quarter that ended in Dec. 2023 was -213.11%.

Warning Sign:

KULR Technology Group Inc operating margin has been in a 5-year decline. The average rate of decline per year is -11.7%.

KULR Technology Group's 5-Year average Growth Rate for Operating Margin % was -11.70% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. KULR Technology Group's annualized ROC % for the quarter that ended in Dec. 2023 was -179.62%. KULR Technology Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -309.68%.


KULR Technology Group Operating Income Historical Data

The historical data trend for KULR Technology 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.

* Premium members only.

KULR Technology Group Operating Income Chart

KULR Technology Group Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Operating Income
Get a 7-Day Free Trial Premium Member Only -1.98 -2.34 -11.51 -18.29 -22.41

KULR Technology Group Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 -3.99 -6.26 -6.00 -5.10 -4.97

KULR Technology 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.

Operating Income for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-22.33 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.


KULR Technology Group  (AMEX:KULR) Operating Income Explanation

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

KULR Technology Group's annualized ROC % for the quarter that ended in Dec. 2023 is calculated as:

ROC % (Q: Dec. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2023 ) + Invested Capital (Q: Dec. 2023 ))/ count )
=-19.896 * ( 1 - 0% )/( (14.208 + 7.946)/ 2 )
=-19.896/11.077
=-179.62 %

where

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

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

KULR Technology Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2023  Q: Dec. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-19.94/( ( (6.718 + max(-7.351, 0)) + (6.16 + max(-4.089, 0)) )/ 2 )
=-19.94/( ( 6.718 + 6.16 )/ 2 )
=-19.94/6.439
=-309.68 %

where Working Capital is:

Working Capital(Q: Sep. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1.297 + 1.551 + 1.035) - (4.754 + 6.304 + 0.176)
=-7.351

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.902 + 1.149 + 0.657) - (5.913 + 0.551 + 0.333)
=-4.089

When net working capital is negative, 0 is used.

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

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

KULR Technology Group's Operating Margin % for the quarter that ended in Dec. 2023 is calculated as:

Operating Margin %=Operating Income (Q: Dec. 2023 )/Revenue (Q: Dec. 2023 )
=-4.974/2.334
=-213.11 %

* 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.


KULR Technology Group Operating Income Related Terms

Thank you for viewing the detailed overview of KULR Technology Group's Operating Income provided by GuruFocus.com. Please click on the following links to see related term pages.


KULR Technology Group (KULR Technology Group) Business Description

Traded in Other Exchanges
N/A
Address
4863 Shawline Street, San Diego, CA, USA, 92111
KULR Technology Group Inc develops and commercializes high-performance thermal management technologies for electronics, batteries, and other components. The company is focused on targeting the following applications: electric vehicles and autonomous driving systems; artificial intelligence and Cloud computing; energy storage; and 5G communication technologies. Its product portfolio includes ARA Thermal Capacitor, CRUX Cathode, HYDRA Thermal Runaway Shield, LYRA ISC Trigger Cell, URSA Fiber Thermal Interface, and VEGA Internal Short Circuit.
Executives
Michael Mo director, 10 percent owner, officer: CEO 14440 BIG BASIN WAY, #12, SARATOGA CA 95070
Timothy Ray Knowles director, officer: Chief Technical Officer C/O KT HIGH-TECH MARKETING INC., 14440 BIG BASIN WAY #12, SARATOGA CA 95070
Shawn Canter officer: Chief Financial Officer 4863 SHAWLINE STREET, SAN DIEGO CA 92111
William Quinn Walker officer: Chief Technology Officer 626 BEALS CREEK LANE, WEBSTER TX 77598
Terry Keith Cochran officer: President and COO 1999 S BASCOM AVE, SUITE 700, CAMPBELL CA 95008
Stayce D. Harris director 1999 S. BASCOM AVE., SUITE 700, CAMPBELL CA 95008
Joanna D. Massey director 1999 S. BASCOM AVE, SUITE 700, CAMPBELL CA 95008
Morio Kurosaki director 1-2-14 ICHIGAYASADOHARA, SHINJUKU-KU, TOKYO M0 162-0842
Simon P Westbrook officer: Chief Financial Officer 4920 EL CAMINO REAL, STE 100, LOS ALTOS CA 94022
George Ernest Henschke officer: Interim Prin. Fin. Off., Treas C/O KT HIGH-TECH MARKETING INC., 14440 BIG BASIN WAY #12, SARATOGA CA 95070
Michael Gerald Carpenter officer: Vice President of Engineering C/O KT HIGH-TECH MARKETING INC., 14440 BIG BASIN WAY #12, SARATOGA CA 95070
James M Cassidy director, 10 percent owner, officer: president,secretary,treasurer 215 APOLENA AVENUE, NEWPORT BEACH CA 92662
James K Mckillop director, 10 percent owner, officer: VP 9454 WILSHIRE BOULEVARD, SUITE 612, BEVERLY HILLS CA 90212