iFOREX Financial Trading Holdings (LSE:IFRX) Operating Income: £-3.13 Mil (TTM As of Dec. 2025)

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LSE:IFRX iFOREX Financial Trading Holdings Ltd LSE:IFRX
27 GF Score
Price £1.95
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What is iFOREX Financial Trading Holdings Operating Income?

iFOREX Financial Trading Holdings LSE:IFRX 27 Operating Income is £-3.13 Mil as of Dec. 2025. GuruFocus rates LSE:IFRX with a GF Score™ of 27/100. The stock has 2 warning signs investors should review.

iFOREX Financial Trading Holdings's Operating Income for the six months ended in Dec. 2025 was £-3.13 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2025 was £-3.13 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. iFOREX Financial Trading Holdings's Operating Income for the six months ended in Dec. 2025 was £-3.13 Mil. iFOREX Financial Trading Holdings's Revenue for the six months ended in Dec. 2025 was £36.71 Mil. Therefore, iFOREX Financial Trading Holdings's Operating Margin % for the quarter that ended in Dec. 2025 was -8.52%.

iFOREX Financial Trading Holdings'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. iFOREX Financial Trading Holdings's annualized ROC % for the quarter that ended in Dec. 2025 was -70.60%. iFOREX Financial Trading Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was -71.99%.

iFOREX Financial Trading Holdings  (LSE:IFRX) Operating Income Explanation

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

iFOREX Financial Trading Holdings's annualized ROC % for the quarter that ended in Dec. 2025 is calculated as:

ROC % (Q: Dec. 2025 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2024 ) + Invested Capital (Q: Dec. 2025 ))/ count )
=-3.128 * ( 1 - 10.19% )/( (3.229 + 4.729)/ 2 )
=-2.8092568/3.979
=-70.60 %

where

Invested Capital(Q: Dec. 2024 )
=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))
=15.917 - 5.875 - ( 6.813 - max(0, 6.852 - 14.103+6.813))
=3.229

Invested Capital(Q: Dec. 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))
=11.862 - 2.498 - ( 4.635 - max(0, 3.224 - 10.147+4.635))
=4.729

Note: The Operating Income data used here is one times the annual (Dec. 2025) data.

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

iFOREX Financial Trading Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2025 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2024  Q: Dec. 2025
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-2.25/( ( (1.752 + max(0.562, 0)) + (1.375 + max(2.562, 0)) )/ 2 )
=-2.25/( ( 2.314 + 3.937 )/ 2 )
=-2.25/3.1255
=-71.99 %

where Working Capital is:

Working Capital(Q: Dec. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(5.461 + 0 + 1.671) - (5.875 + 0 + 0.695)
=0.562

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(2.323 + 0 + 3.166) - (2.498 + 0 + 0.429)
=2.562

When net working capital is negative, 0 is used.

Note: The EBIT data used here is one times the annual (Dec. 2025) EBIT data.

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

iFOREX Financial Trading Holdings's Operating Margin % for the quarter that ended in Dec. 2025 is calculated as:

Operating Margin %=Operating Income (Q: Dec. 2025 )/Revenue (Q: Dec. 2025 )
=-3.128/36.708
=-8.52 %

* 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.

iFOREX Financial Trading Holdings Operating Income Related Terms

iFOREX Financial Trading Holdings Operating Income Historical Data

* Premium members only.

The historical data trend for iFOREX Financial Trading Holdings'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.

iFOREX Financial Trading Holdings Operating Income Chart

iFOREX Financial Trading Holdings Annual Data
Trend Dec22 Dec23 Dec24 Dec25
Operating Income
22.20 6.48 6.03 -3.13

iFOREX Financial Trading Holdings Semi-Annual Data
Dec22 Dec23 Dec24 Dec25
Operating Income 22.20 6.48 6.03 -3.13
LSE:IFRX
27GF Score
iFOREX Financial Trading Holdings Ltd LSE:IFRX
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
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iFOREX Financial Trading Holdings 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.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Operating Income for the trailing twelve months (TTM) ended in Dec. 2025 was £-3.13 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 £-3.13 Mil mean?
iFOREX Financial Trading Holdings (LSE:IFRX) has a Operating Income of £-3.13 Mil as of Dec. 2025. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on iFOREX Financial Trading Holdings and its competitors.
Is iFOREX Financial Trading Holdings' Operating Income too high?
iFOREX Financial Trading Holdings' current Operating Income is £-3.13 Mil. Overall, iFOREX Financial Trading Holdings has a GF Score™ of 27/100, reflecting its overall financial health beyond just this single metric.
How does iFOREX Financial Trading Holdings' Operating Income compare to MS and GS?
iFOREX Financial Trading Holdings' Operating Income of £-3.13 Mil can be compared against companies in the Capital Markets 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 Capital Markets company?
A good Operating Income depends on the Capital Markets 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 iFOREX Financial Trading Holdings and its competitors. iFOREX Financial Trading Holdings's current Operating Income is £-3.13 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is iFOREX Financial Trading Holdings stock overvalued right now?
iFOREX Financial Trading Holdings (LSE:IFRX) has a current Operating Income of £-3.13 Mil. The current Operating Income is £-3.13 Mil. iFOREX Financial Trading Holdings' overall GF Score™ is 27/100 with 2 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 iFOREX Financial Trading Holdings (LSE:IFRX), the current Operating Income is £-3.13 Mil as of Dec. 2025. 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.

iFOREX Financial Trading Holdings Business Description

Address 85 Medinat Hayehudim, Herzliya, ISR, 4676670
iFOREX Financial Trading Holdings Ltd developed and operates a proprietary online and mobile CFD trading platform enabling its retail clients to trade CFDs across over 870 financial instruments comprising currencies, commodities, indices, stocks, cryptocurrencies and ETFs. It also offers educational resources to its clients allowing them to benefit from a wide variety of free training, support and educational resources to enhance their understanding of the world-wide markets, online trading and the available trading tools. It operates in one segment being from the online trading on CFDs through the Group's internally developed platform. Its revenues are generated from three sources: dealing spreads, overnight premiums, and gains (offset by losses) from client's trading positions.
27GF 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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