Hybrid Software Group (LTS:0RGN) Operating Income: €2.28 Mil (TTM As of Jun. 2026)

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LTS:0RGN Hybrid Software Group PLC LTS:0RGN
79 GF Score
Price €4.00
GF Value €4.57
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Hybrid Software Group Operating Income?

Hybrid Software Group LTS:0RGN 79 Operating Income is €2.28 Mil as of Jun. 2026. GuruFocus rates LTS:0RGN with a GF Score™ of 79/100 and a GF Value™ of €4.57 (Modestly Undervalued). The stock has 2 warning signs investors should review.

Hybrid Software Group's Operating Income for the six months ended in Jun. 2026 was €-0.78 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Jun. 2026 was €2.28 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Hybrid Software Group's Operating Income for the six months ended in Jun. 2026 was €-0.78 Mil. Hybrid Software Group's Revenue for the six months ended in Jun. 2026 was €26.41 Mil. Therefore, Hybrid Software Group's Operating Margin % for the quarter that ended in Jun. 2026 was -2.96%.

Hybrid Software Group'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. Hybrid Software Group's annualized ROC % for the quarter that ended in Jun. 2026 was -1.07%. Hybrid Software Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was -12.53%.

Hybrid Software Group  (LTS:0RGN) Operating Income Explanation

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

Hybrid Software Group's annualized ROC % for the quarter that ended in Jun. 2026 is calculated as:

ROC % (Q: Jun. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2025 ) + Invested Capital (Q: Jun. 2026 ))/ count )
=-1.562 * ( 1 - 24.266% )/( (110.535 + 111.21)/ 2 )
=-1.18296508/110.8725
=-1.07 %

where

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))
=131.225 - 6.23 - ( 14.46 - max(0, 15.579 - 31.638+14.46))
=110.535

Invested Capital(Q: Jun. 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))
=131.811 - 5.833 - ( 14.768 - max(0, 15.883 - 33.498+14.768))
=111.21

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

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

Hybrid Software Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Jun. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Jun. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-0.826/( ( (1.736 + max(5.166, 0)) + (2.692 + max(3.587, 0)) )/ 2 )
=-0.826/( ( 6.902 + 6.279 )/ 2 )
=-0.826/6.5905
=-12.53 %

where Working Capital is:

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(11.948 + 2.611 + 1.844) - (6.23 + 4.401 + 0.606)
=5.166

Working Capital(Q: Jun. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(13.212 + 3.011 + 2.094) - (5.833 + 8.406 + 0.491)
=3.587

When net working capital is negative, 0 is used.

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

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

Hybrid Software Group's Operating Margin % for the quarter that ended in Jun. 2026 is calculated as:

Operating Margin %=Operating Income (Q: Jun. 2026 )/Revenue (Q: Jun. 2026 )
=-0.781/26.411
=-2.96 %

* 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.

Hybrid Software Group Operating Income Related Terms

Hybrid Software Group Operating Income Historical Data

* Premium members only.

The historical data trend for Hybrid Software 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.

Hybrid Software Group Operating Income Chart

Hybrid Software Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Operating Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.92 -1.02 -1.35 3.11 4.60

Hybrid Software Group Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 Jun26
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 2.35 0.91 2.21 3.06 -0.78
LTS:0RGN
79GF Score
Hybrid Software Group PLC LTS:0RGN
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Hybrid Software 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 Jun. 2026 adds up the semi-annually data reported by the company within the most recent 12 months, which was €2.28 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 €2.28 Mil mean?
Hybrid Software Group (LTS:0RGN) has a Operating Income of €2.28 Mil as of Jun. 2026. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Hybrid Software Group and its competitors.
Is Hybrid Software Group's Operating Income too high?
Hybrid Software Group's current Operating Income is €2.28 Mil. Overall, Hybrid Software Group has a GF Score™ of 79/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Hybrid Software Group's Operating Income compare to CRM and SHOP?
Hybrid Software Group's Operating Income of €2.28 Mil can be compared against companies in the Software 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 Software company?
A good Operating Income depends on the Software 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 Hybrid Software Group and its competitors. Hybrid Software Group's current Operating Income is €2.28 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hybrid Software Group stock overvalued right now?
Based on GuruFocus' analysis, Hybrid Software Group (LTS:0RGN) is currently considered Modestly Undervalued. The stock's GF Value™ is €4.57, compared to a current price of €4.00 — trading 12.5% below its estimated fair value. The current Operating Income is €2.28 Mil. Hybrid Software Group's overall GF Score™ is 79/100 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 Hybrid Software Group (LTS:0RGN), the current Operating Income is €2.28 Mil as of Jun. 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.

Is Hybrid Software Group (LTS:0RGN) Overvalued in 2026?

Based on GuruFocus' analysis, Hybrid Software Group stock appears to be undervalued. The current stock price of €4.00 is trading 12.5% below its estimated GF Value™ of €4.57. GuruFocus considers Hybrid Software Group to be Modestly Undervalued.

Key valuation signals for LTS:0RGN:

  • Operating Income: €2.28 Mil
  • GF Value™: €4.57 vs. price of €4.00 (12.5% below fair value)
  • GF Score™: 79/100 with 2 warning signs

No single metric tells the full story. See the LTS:0RGN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Hybrid Software Group Business Description

Other Exchanges HYSG:Belgium
Address 2030 Cambourne Business Park, Cambridge, GBR, CB23 6DW
Hybrid Software Group PLC is a software development company focused on productivity tools for the graphic arts industry. The company's segment includes Printing Software, Printhead Solutions, and Enterprise Software. It generates maximum revenue from the Enterprise Software segment. The Enterprise Software segment includes enterprise workflow software used mainly for the production of labels & packaging. Printhead solutions include electronics and software for industrial inkjet devices. Printing software includes digital printing and colour management software. With the UK, the company also operates in Europe(excluding the UK), North & South America, and Asia.
79GF Score

Get the complete analysis for LTS:0RGN

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

€4.00
Price
€4.57
GF Value