Vinext SpA (MIL:VNXT) Operating Income: €0.80 Mil (TTM As of Dec. 2025)

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MIL:VNXT Vinext SpA MIL:VNXT
13 GF Score
Price €1.90
! 5 Warning Signs
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What is Vinext SpA Operating Income?

Vinext SpA MIL:VNXT -1.04% 13 Operating Income is €0.80 Mil as of Dec. 2025. GuruFocus rates MIL:VNXT with a GF Score™ of 13/100. The stock has 5 warning signs investors should review.

Vinext SpA's Operating Income for the six months ended in Dec. 2025 was €0.56 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2025 was €0.80 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Vinext SpA's Operating Income for the six months ended in Dec. 2025 was €0.56 Mil. Vinext SpA's Revenue for the six months ended in Dec. 2025 was €3.41 Mil. Therefore, Vinext SpA's Operating Margin % for the quarter that ended in Dec. 2025 was 16.42%.

Vinext SpA'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. Vinext SpA's annualized ROC % for the quarter that ended in Dec. 2025 was 14.37%. Vinext SpA's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 27.92%.

Vinext SpA  (MIL:VNXT) Operating Income Explanation

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

Vinext SpA'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: Jun. 2025 ) + Invested Capital (Q: Dec. 2025 ))/ count )
=1.118 * ( 1 - 35.52% )/( (4.591 + 5.442)/ 2 )
=0.7208864/5.0165
=14.37 %

where

Invested Capital(Q: Jun. 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))
=6.553 - 1.879 - ( 0.083 - max(0, 4.047 - 5.441+0.083))
=4.591

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))
=7.485 - 1.868 - ( 0.175 - max(0, 4.157 - 6.005+0.175))
=5.442

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

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

Vinext SpA'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: Jun. 2025  Q: Dec. 2025
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=1.04/( ( (0.457 + max(3.202, 0)) + (0.106 + max(3.684, 0)) )/ 2 )
=1.04/( ( 3.659 + 3.79 )/ 2 )
=1.04/3.7245
=27.92 %

where Working Capital is:

Working Capital(Q: Jun. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(3.004 + 1.97 + 0.346) - (1.879 + 0 + 0.239)
=3.202

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(3.336 + 2.025 + 0.311) - (1.868 + 0 + 0.12)
=3.684

When net working capital is negative, 0 is used.

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

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

Vinext SpA'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 )
=0.559/3.405
=16.42 %

* 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.

Vinext SpA Operating Income Related Terms

Vinext SpA Operating Income Historical Data

* Premium members only.

The historical data trend for Vinext SpA'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.

Vinext SpA Operating Income Chart

Vinext SpA Annual Data
Trend Dec23 Dec24 Dec25
Operating Income
-0.05 0.50 0.80

Vinext SpA Semi-Annual Data
Dec23 Jun24 Dec24 Jun25 Dec25
Operating Income 0.00 -0.51 1.01 0.24 0.56
MIL:VNXT
13GF Score
Vinext SpA MIL:VNXT
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Vinext SpA 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 Dec. 2025 adds up the semi-annually data reported by the company within the most recent 12 months, which was €0.80 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 €0.80 Mil mean?
Vinext SpA (MIL:VNXT) has a Operating Income of €0.80 Mil as of Dec. 2025. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Vinext SpA and its competitors.
Is Vinext SpA's Operating Income too high?
Vinext SpA's current Operating Income is €0.80 Mil. Overall, Vinext SpA has a GF Score™ of 13/100, reflecting its overall financial health beyond just this single metric.
How does Vinext SpA's Operating Income compare to LIN and SHW?
Vinext SpA's Operating Income of €0.80 Mil can be compared against companies in the Chemicals 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 Chemicals company?
A good Operating Income depends on the Chemicals 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 Vinext SpA and its competitors. Vinext SpA's current Operating Income is €0.80 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vinext SpA stock overvalued right now?
Vinext SpA (MIL:VNXT) has a current Operating Income of €0.80 Mil. The current Operating Income is €0.80 Mil. Vinext SpA's overall GF Score™ is 13/100 with 5 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 Vinext SpA (MIL:VNXT), the current Operating Income is €0.80 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.

Vinext SpA Business Description

Address Viale del Lavoro, 44, San Martino Buon Albergo, Verona, ITA, 37036
Vinext SpA is engaged in research, to provide solutions to the winemaking production chain , in terms of environmental impact, energy resources, water savings and management, and reduction of polluting emissions. It offers the agri-food sector solutions and customized consulting services for the recovery/reuse of process and washing water, the treatment of wastewater before discharge into the mains or surface water bodies, the sequestration and recovery of CO2 produced during processing, and the creation of soil improvers, fertilizers, and high-value natural compounds from production waste. The company's business units involve: Wine Products; Cleaning Sanitization, Ozone Engineering and Technology; and Agro.
13GF 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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