Marechale Capital (LSE:MAC) Operating Income: £-0.26 Mil (TTM As of Oct. 2025)


What is Marechale Capital Operating Income?

Marechale Capital LSE:MAC Operating Income is £-0.26 Mil as of Oct. 2025. The stock has 4 warning signs investors should review.

Marechale Capital's Operating Income for the six months ended in Oct. 2025 was £-0.18 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Oct. 2025 was £-0.26 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Marechale Capital's Operating Income for the six months ended in Oct. 2025 was £-0.18 Mil. Marechale Capital's Revenue for the six months ended in Oct. 2025 was £0.11 Mil. Therefore, Marechale Capital's Operating Margin % for the quarter that ended in Oct. 2025 was -158.04%.

Warning Sign:

Marechale Capital PLC operating margin has been in a 5-year decline. The average rate of decline per year is -43.7%.

Marechale Capital's 5-Year average Growth Rate for Operating Margin % was -43.70% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Marechale Capital's annualized ROC % for the quarter that ended in Oct. 2025 was -1,913.51%. Marechale Capital's annualized ROC (Joel Greenblatt) % for the quarter that ended in Oct. 2025 was -35,200.00%.

Marechale Capital  (LSE:MAC) Operating Income Explanation

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

Marechale Capital's annualized ROC % for the quarter that ended in Oct. 2025 is calculated as:

ROC % (Q: Oct. 2025 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Apr. 2025 ) + Invested Capital (Q: Oct. 2025 ))/ count )
=-0.354 * ( 1 - 0% )/( (0.03 + 0.0070000000000001)/ 2 )
=-0.354/0.0185
=-1,913.51 %

where

Invested Capital(Q: Apr. 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))
=3.183 - 0.133 - ( 3.02 - max(0, 0.143 - 3.183+3.02))
=0.03

Invested Capital(Q: Oct. 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))
=3.186 - 0.116 - ( 3.095 - max(0, 0.123 - 3.186+3.095))
=0.0070000000000001

Note: The Operating Income data used here is two times the semi-annual (Oct. 2025) data.

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

Marechale Capital's annualized ROC (Joel Greenblatt) % for the quarter that ended in Oct. 2025 is calculated as:

ROC (Joel Greenblatt) %(Q: Oct. 2025 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Apr. 2025  Q: Oct. 2025
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-0.352/( ( (0 + max(0.0019999999999998, 0)) + (0 + max(-0.024, 0)) )/ 2 )
=-0.352/( ( 0.0019999999999998 + 0 )/ 2 )
=-0.352/0.00099999999999988
=-35,200.00 %

where Working Capital is:

Working Capital(Q: Apr. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.076 + 0 + 0.059) - (0.133 + 0 + -2.7755575615629E-17)
=0.0019999999999998

Working Capital(Q: Oct. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.091 + 0 + -4.4408920985006E-16) - (0.116 + 0 + -0.001)
=-0.024

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Oct. 2025) EBIT data.

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

Marechale Capital's Operating Margin % for the quarter that ended in Oct. 2025 is calculated as:

Operating Margin %=Operating Income (Q: Oct. 2025 )/Revenue (Q: Oct. 2025 )
=-0.177/0.112
=-158.04 %

* 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.

Marechale Capital Operating Income Related Terms

Marechale Capital Operating Income Historical Data

* Premium members only.

The historical data trend for Marechale Capital'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.

Marechale Capital Operating Income Chart

Marechale Capital Annual Data
Trend Mar15 Mar16 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24 Apr25
Operating Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.21 -0.15 -0.37 -0.30 -0.23

Marechale Capital Semi-Annual Data
Sep15 Mar16 Sep16 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24 Oct24 Apr25 Oct25
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 -0.16 -0.14 -0.14 -0.09 -0.18

Marechale Capital 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 Oct. 2025 adds up the semi-annually data reported by the company within the most recent 12 months, which was £-0.26 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 £-0.26 Mil mean?
Marechale Capital (LSE:MAC) has a Operating Income of £-0.26 Mil as of Oct. 2025. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Marechale Capital and its competitors.
Is Marechale Capital's Operating Income too high?
Marechale Capital's current Operating Income is £-0.26 Mil.
How does Marechale Capital's Operating Income compare to MS and GS?
Marechale Capital's Operating Income of £-0.26 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 Marechale Capital and its competitors. Marechale Capital's current Operating Income is £-0.26 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Marechale Capital stock overvalued right now?
Based on GuruFocus' analysis, Marechale Capital (LSE:MAC) is currently considered Significantly Overvalued. The stock's GF Value™ is £0.01, compared to a current price of £0.05 — trading 375% above its estimated fair value. The current Operating Income is £-0.26 Mil. 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 Marechale Capital (LSE:MAC), the current Operating Income is £-0.26 Mil as of Oct. 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.

Marechale Capital Business Description

Address 46 New Broad Street, London, GBR, EC2M 1JH
Marechale Capital PLC is an investment banking and corporate finance company. The company's business includes the provision of advisory and brokerage services. It offers its services to sectors including consumer, leisure and retail, infrastructure, online exchanges, and private equity and asset-backed funds.