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MobileSmith (MobileSmith) Operating Income : $-7.94 Mil (TTM As of Jun. 2022)


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What is MobileSmith Operating Income?

MobileSmith's Operating Income for the three months ended in Jun. 2022 was $-2.00 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Jun. 2022 was $-7.94 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. MobileSmith's Operating Income for the three months ended in Jun. 2022 was $-2.00 Mil. MobileSmith's Revenue for the three months ended in Jun. 2022 was $0.30 Mil. Therefore, MobileSmith's Operating Margin % for the quarter that ended in Jun. 2022 was -673.99%.

MobileSmith'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. MobileSmith's annualized ROC % for the quarter that ended in Jun. 2022 was -227.29%. MobileSmith's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2022 was -2,886.08%.


MobileSmith Operating Income Historical Data

The historical data trend for MobileSmith'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.

* Premium members only.

MobileSmith Operating Income Chart

MobileSmith Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Operating Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.62 -4.20 -6.11 -6.11 -7.82

MobileSmith Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
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 -1.84 -2.06 -1.81 -2.07 -2.00

MobileSmith 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. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $-7.94 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.


MobileSmith  (OTCPK:MOSTQ) Operating Income Explanation

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

MobileSmith's annualized ROC % for the quarter that ended in Jun. 2022 is calculated as:

ROC % (Q: Jun. 2022 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Mar. 2022 ) + Invested Capital (Q: Jun. 2022 ))/ count )
=-7.98 * ( 1 - 0% )/( (6.02 + 1.002)/ 2 )
=-7.98/3.511
=-227.29 %

where

Note: The Operating Income data used here is four times the quarterly (Jun. 2022) data.

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

MobileSmith's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2022 is calculated as:

ROC (Joel Greenblatt) %(Q: Jun. 2022 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2022  Q: Jun. 2022
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-7.98/( ( (0.298 + max(-0.355, 0)) + (0.255 + max(-0.334, 0)) )/ 2 )
=-7.98/( ( 0.298 + 0.255 )/ 2 )
=-7.98/0.2765
=-2,886.08 %

where Working Capital is:

Working Capital(Q: Mar. 2022 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.09 + 0 + 0.259) - (0.132 + 0.414 + 0.158)
=-0.355

Working Capital(Q: Jun. 2022 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.155 + 0 + 0.228) - (0.12 + 0.432 + 0.165)
=-0.334

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Jun. 2022) EBIT data.

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

MobileSmith's Operating Margin % for the quarter that ended in Jun. 2022 is calculated as:

Operating Margin %=Operating Income (Q: Jun. 2022 )/Revenue (Q: Jun. 2022 )
=-1.995/0.296
=-673.99 %

* 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.


MobileSmith Operating Income Related Terms

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MobileSmith (MobileSmith) Business Description

Traded in Other Exchanges
N/A
Address
5400 Trinity Road, Suite 208, Raleigh, NC, USA, 27607
MobileSmith Inc is a developer of software applications for the healthcare industry. Its software products include a cloud-based collection of applications that run on its architected healthcare technology ecosystem. The architecture is designed to improve experience of healthcare patients and consumers, who are often at the same time members of various medical insurance networks; optimize delivery of healthcare and relationship between members and insurance networks; and increase adoption, utilization and intelligence of EMRs (electronic medical records), extend EMR's usability to patients and consumers of healthcare. It derives revenue from contracts for subscription to the suite of e-health mobile solutions and, ancillary services provided in connection with subscription services.
Executives
Christopher John Caramanico director, officer: Chief Executive Officer 2122 KIPAWA ST., RALEIGH NC 27607
Elchanan Epstein director 59 ABBEY WOODS LN, DALLAS TX 75248-7900
Jerry Lepore director 2660 CROOKED STICK LN, MT PLEASANT SC 29466
Robert L Smith director PARACELSUS HEALTHCARE CORP, 515 W GREENS ROAD SUITE 500, HOUSTON TX 77067
Raymond C Hemmig director 2701 E. PLANO PKWY, #200, PLANO TX 75074
Randy Tomlin director 6800 GREENHILL CT., PARKER TX 75002
Bob Dieterle officer: Chief Operating Officer C/O MOBILESMITH, INC., 5400 TRINITY RD., SUITE 208, RALEIGH NC 27607
Jon Campbell director C/O SMART ONLINE, INC., 4505 EMPEROR BLVD., SUITE 320, DURHAM NC 27703
Gleb Mikhailov officer: Chief Financial Officer C/O SMART ONLINE, INC., 4505 EMPEROR BLVD., SUITE 320, DURHAM NC 27703
Ronen Shviki director 5 HAMEIRI STREET, RAMAT GAN L3 52651
Avy Lugassy 10 percent owner 126 CHEMIN DES HAUTS CRETS, 1253, VANDOEUVRES, GENEVA V8 00000
Brinson Robert Maddox Jr. director 29 DOVER DR SE, ROME GA 30161
Amir Elbaz director 5115 CAMPUS DRIVE, PLYMOUTH MEETING PA 19462
Thaddeus J Shalek officer: Interim CFO 14679 CANOPY DRIVE, TAMPA FL 33626
Roberta B Hardy director 4505 EMPEROR BLVD., SUITE 320, DURHAM NC 27703