Lead Edge Growth Opportunities (Lead Edge Growth Opportunities) Operating Income : $-1.00 Mil (TTM As of Sep. 2022)

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What is Lead Edge Growth Opportunities Operating Income?

Lead Edge Growth Opportunities's Operating Income for the three months ended in Sep. 2022 was $-0.23 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Sep. 2022 was $-1.00 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Lead Edge Growth Opportunities's Operating Income for the three months ended in Sep. 2022 was $-0.23 Mil. Lead Edge Growth Opportunities's Revenue for the three months ended in Sep. 2022 was $0.00 Mil. Therefore, Lead Edge Growth Opportunities's Operating Margin % for the quarter that ended in Sep. 2022 was %.

Lead Edge Growth Opportunities'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. Lead Edge Growth Opportunities's annualized ROC % for the quarter that ended in Sep. 2022 was -0.27%. Lead Edge Growth Opportunities's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2022 was -496.26%.

Lead Edge Growth Opportunities Operating Income Historical Data

The historical data trend for Lead Edge Growth Opportunities'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.

Lead Edge Growth Opportunities Operating Income Chart

Lead Edge Growth Opportunities Annual Data

Trend

Dec20

Dec21

Operating Income

-0.95

Lead Edge Growth Opportunities Quarterly Data
	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22
Operating Income	Get a 7-Day Free Trial			-0.26	-0.27	-0.20	-0.29	-0.23

Lead Edge Growth Opportunities 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 $-1.00 Mil.

Lead Edge Growth Opportunities (NAS:LEGA) Operating Income Explanation

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

Lead Edge Growth Opportunities'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 )
=	-0.928 * ( 1 - 0% )	/	( (345.623	+	346.751)	/ 2 )
=	-0.928	/	346.187
=	-0.27 %

where

	Invested Capital		(Q: Jun. 2022 )
=	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	))
=	345.883	-	0.078	-	( 0.182	-	max(0, 0.078	-	0.527	+	0.182	))
=	345.623

	Invested Capital		(Q: Sep. 2022 )
=	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	))
=	346.965	-	0.103	-	( 0.111	-	max(0, 0.103	-	0.321	+	0.111	))
=	346.751

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

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

Lead Edge Growth Opportunities'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 )
=	-0.928	/	( ( (0 + max(0.267, 0))	+	(0 + max(0.107, 0)) )	/	2 )
=	-0.928	/	( ( 0.267	+	0.107 )	/	2 )
=	-0.928	/	0.187
=	-496.26 %

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)
=	(0	+	0	+	0.345)	-	(0.078	+	0	+	0)
=	0.267

	Working Capital		(Q: Sep. 2022 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0.21)	-	(0.103	+	0	+	0)
=	0.107

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 %:

Lead Edge Growth Opportunities'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 )
	=	-0.232	/	0
	=	%

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.

Lead Edge Growth Opportunities Operating Income Related Terms

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Lead Edge Growth Opportunities (Lead Edge Growth Opportunities) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Lead Edge Growth Opportunities Ltd (NAS:LEGA) » Definitions » Operating Income

Comparable Companies

Traded in Other Exchanges

N/A

Address

96 Spring Street, 5th Floor, New York, NY, USA, 10012

Website

Lead Edge Growth Opportunities Ltd is a blank check company.

Executives

Margaret C Whitman	director	EBAY INC., 2145 HAMILTON AVENUE, SAN JOSE CA 95125
Nikhil Ramesh Mehta	director	C/O F5 NETWORKS, INC., 401 ELLIOTT AVE. WEST, SEATTLE WA 98119
Sydney Carey	director	3303 HILLVIEW AVE., PALO ALTO CA 94304
Russell Fradin	director	C/O DYNAMIC SIGNAL, 1111 BAYHILL DRIVE, SUITE 325, SAN BRUNO CA 94066
Lead Edge Spac Management, Llc	10 percent owner	96 SPRING STREET, 5TH FLOOR, NEW YORK NY 10012
Mitchell H. Green	director, officer: Chief Executive Officer	C/O LEAD EDGE GROWTH, 96 SPRING STREET, 5TH FLOOR, NEW YORK NY 10012
Brian Neider	officer: Chief Operating Officer	C/O LEAD EDGE GROWTH, 96 SPRING STREET, 5TH FLOOR, NEW YORK NY 10012
Nimay Mehta	director, officer: President and CFO	C/O LEAD EDGE GROWTH, 96 SPRING STREET, 5TH FLOOR, NEW YORK NY 10012

Lead Edge Growth Opportunities (Lead Edge Growth Opportunities) Headlines

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