MMNT (Momentous Holdings) Operating Income: $-0.49 Mil (TTM As of Nov. 2023)


What is Momentous Holdings Operating Income?

Momentous Holdings MMNT Operating Income is $-0.49 Mil as of Nov. 2023.

Momentous Holdings's Operating Income for the six months ended in Nov. 2023 was $-0.49 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Nov. 2023 was $-0.49 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Momentous Holdings's Operating Income for the six months ended in Nov. 2023 was $-0.49 Mil. Momentous Holdings's Revenue for the six months ended in Nov. 2023 was $0.00 Mil. Therefore, Momentous Holdings's Operating Margin % for the quarter that ended in Nov. 2023 was %.

Momentous 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. Momentous Holdings's annualized ROC % for the quarter that ended in Nov. 2023 was -681.38%. Momentous Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Nov. 2023 was %.

Momentous Holdings  (OTCPK:MMNT) Operating Income Explanation

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

Momentous Holdings's annualized ROC % for the quarter that ended in Nov. 2023 is calculated as:

ROC % (Q: Nov. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: May. 2023 ) + Invested Capital (Q: Nov. 2023 ))/ count )
=-0.988 * ( 1 - 0% )/( (0.145 + 0)/ 1 )
=-0.988/0.145
=-681.38 %

where

Invested Capital(Q: May. 2023 )
=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))
=0 - 0.422 - ( 0 - max(0, 0.567 - 0+0))
=0.145

Invested Capital(Q: Nov. 2023 )
=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))
=0 - 0 - ( 0 - max(0, 0 - 0+0))
=0

Note: The Operating Income data used here is two times the semi-annual (Nov. 2023) data.

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

Momentous Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Nov. 2023 is calculated as:

ROC (Joel Greenblatt) %(Q: Nov. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: May. 2023  Q: Nov. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-0.098/( ( (0 + max(-0.516, 0)) + (0 + max(0, 0)) )/ 1 )
=-0.098/( ( 0 + 0 )/ 1 )
=-0.098/0
= %

where Working Capital is:

Working Capital(Q: May. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0) - (0.422 + 0 + 0.094)
=-0.516

Working Capital(Q: Nov. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0) - (0 + 0 + 0)
=0

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Nov. 2023) EBIT data.

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

Momentous Holdings's Operating Margin % for the quarter that ended in Nov. 2023 is calculated as:

Operating Margin %=Operating Income (Q: Nov. 2023 )/Revenue (Q: Nov. 2023 )
=-0.494/0
= %

* 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.

Momentous Holdings Operating Income Related Terms

Momentous Holdings Operating Income Historical Data

* Premium members only.

The historical data trend for Momentous 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.

Momentous Holdings Operating Income Chart

Momentous Holdings Annual Data
Trend May15 May16 May17 May18 May19 May20 May22 May23
Operating Income
Get a 7-Day Free Trial -0.01 0.00 -0.30 0.00 -0.01

Momentous Holdings Semi-Annual Data
Nov14 May15 Nov15 May16 Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 May22 May23 Nov23
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 -0.09 -0.21 0.00 0.00 -0.49

Momentous 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.

Operating Income for the trailing twelve months (TTM) ended in Nov. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $-0.49 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 $-0.49 Mil mean?
Momentous Holdings (MMNT) has a Operating Income of $-0.49 Mil as of Nov. 2023. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Momentous Holdings and its competitors.
Is Momentous Holdings' Operating Income too high?
Momentous Holdings' current Operating Income is $-0.49 Mil.
How does Momentous Holdings' Operating Income compare to VHLD and STRG?
Momentous Holdings' Operating Income of $-0.49 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 Momentous Holdings and its competitors. Momentous Holdings's current Operating Income is $-0.49 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Momentous Holdings stock overvalued right now?
Momentous Holdings (MMNT) has a current Operating Income of $-0.49 Mil. The current Operating Income is $-0.49 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 Momentous Holdings (MMNT), the current Operating Income is $-0.49 Mil as of Nov. 2023. 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.

Momentous Holdings Business Description

Address 300 Mamaroneck Avenue, Apt. 201, White Plains, NY, USA, 10605
Momentous Holdings Corp is a shell company.