Alkemy Capital Investments (LSE:ALK) Operating Income: £-1.89 Mil (TTM As of Jan. 2026)

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LSE:ALK Alkemy Capital Investments PLC LSE:ALK
36 GF Score
Price £2.61
! 3 Warning Signs
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What is Alkemy Capital Investments Operating Income?

Alkemy Capital Investments LSE:ALK -2.07% 36 Operating Income is £-1.89 Mil as of Jan. 2026. GuruFocus rates LSE:ALK with a GF Score™ of 36/100. The stock has 3 warning signs investors should review.

Alkemy Capital Investments's Operating Income for the six months ended in Jan. 2026 was £-0.97 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Jan. 2026 was £-1.89 Mil.

Warning Sign:

Alkemy Capital Investments PLC has never been profitable in the past 3 years. It lost money every year.

Operating Margin % is calculated as Operating Income divided by its Revenue. Alkemy Capital Investments's Operating Income for the six months ended in Jan. 2026 was £-0.97 Mil. Alkemy Capital Investments's Revenue for the six months ended in Jan. 2026 was £0.00 Mil. Therefore, Alkemy Capital Investments's Operating Margin % for the quarter that ended in Jan. 2026 was %.

Alkemy Capital Investments'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. Alkemy Capital Investments's annualized ROC % for the quarter that ended in Jan. 2026 was -48.96%. Alkemy Capital Investments's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jan. 2026 was %.

Alkemy Capital Investments  (LSE:ALK) Operating Income Explanation

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

Alkemy Capital Investments's annualized ROC % for the quarter that ended in Jan. 2026 is calculated as:

ROC % (Q: Jan. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jul. 2025 ) + Invested Capital (Q: Jan. 2026 ))/ count )
=-1.948 * ( 1 - 0% )/( (2.598 + 5.36)/ 2 )
=-1.948/3.979
=-48.96 %

where

Invested Capital(Q: Jul. 2025 )
=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))
=1.633 - 1.042 - ( 0.723 - max(0, 2.81 - 0.803+0.723))
=2.598

Invested Capital(Q: Jan. 2026 )
=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))
=4.052 - 2.011 - ( 0.153 - max(0, 3.614 - 0.295+0.153))
=5.36

Note: The Operating Income data used here is two times the semi-annual (Jan. 2026) data.

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

Alkemy Capital Investments's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jan. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Jan. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jul. 2025  Q: Jan. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-2.068/( ( (0 + max(-1.525, 0)) + (0 + max(-2.633, 0)) )/ 2 )
=-2.068/( ( 0 + 0 )/ 2 )
=-2.068/0
= %

where Working Capital is:

Working Capital(Q: Jul. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.079) - (1.042 + 0 + 0.562)
=-1.525

Working Capital(Q: Jan. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.076) - (2.011 + 0 + 0.698)
=-2.633

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Jan. 2026) EBIT data.

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

Alkemy Capital Investments's Operating Margin % for the quarter that ended in Jan. 2026 is calculated as:

Operating Margin %=Operating Income (Q: Jan. 2026 )/Revenue (Q: Jan. 2026 )
=-0.974/0
= %

* 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.

Alkemy Capital Investments Operating Income Related Terms

Alkemy Capital Investments Operating Income Historical Data

* Premium members only.

The historical data trend for Alkemy Capital Investments'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.

Alkemy Capital Investments Operating Income Chart

Alkemy Capital Investments Annual Data
Trend Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
Operating Income
Get a 7-Day Free Trial -0.80 -2.61 -2.09 -1.29 -1.88

Alkemy Capital Investments Semi-Annual Data
Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24 Jul24 Jan25 Jul25 Jan26
Operating Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only -0.93 -0.66 -0.64 -0.91 -0.97
LSE:ALK
36GF Score
Alkemy Capital Investments PLC LSE:ALK
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Alkemy Capital Investments 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 Jan. 2026 adds up the semi-annually data reported by the company within the most recent 12 months, which was £-1.89 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 £-1.89 Mil mean?
Alkemy Capital Investments (LSE:ALK) has a Operating Income of £-1.89 Mil as of Jan. 2026. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Alkemy Capital Investments and its competitors.
Is Alkemy Capital Investments' Operating Income too high?
Alkemy Capital Investments' current Operating Income is £-1.89 Mil. Overall, Alkemy Capital Investments has a GF Score™ of 36/100, reflecting its overall financial health beyond just this single metric.
How does Alkemy Capital Investments' Operating Income compare to XXI and CCXI?
Alkemy Capital Investments' Operating Income of £-1.89 Mil can be compared against companies in the Diversified Financial Services 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 Diversified Financial Services company?
A good Operating Income depends on the Diversified Financial Services 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 Alkemy Capital Investments and its competitors. Alkemy Capital Investments's current Operating Income is £-1.89 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Alkemy Capital Investments stock overvalued right now?
Alkemy Capital Investments (LSE:ALK) has a current Operating Income of £-1.89 Mil. The current Operating Income is £-1.89 Mil. Alkemy Capital Investments' overall GF Score™ is 36/100 with 3 warning signs to review. 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 Alkemy Capital Investments (LSE:ALK), the current Operating Income is £-1.89 Mil as of Jan. 2026. 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.

Alkemy Capital Investments Business Description

Other Exchanges JV2:Germany
Address 167-169 Great Portland Street, Fifth Floor, London, GBR, W1W 5PF
Alkemy Capital Investments PLC is an investment vehicle which invests in the critical minerals sector. The company has two identifiable operating segments; (a) the construction and operation of the Project in Teesside, UK and (b) the construction of a Lithium ore enrichment facility in Port Hedland, Australia. The majority of revenue is derived from the UK segment.
36GF Score

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Operating Income is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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