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Curira AB (NGM:CURIRA B) Operating Income : kr-38.6 Mil (TTM As of Mar. 2022)


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What is Curira AB Operating Income?

Curira AB's Operating Income for the three months ended in Mar. 2022 was kr-37.0 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2022 was kr-38.6 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Curira AB's Operating Income for the three months ended in Mar. 2022 was kr-37.0 Mil. Curira AB's Revenue for the three months ended in Mar. 2022 was kr196.6 Mil. Therefore, Curira AB's Operating Margin % for the quarter that ended in Mar. 2022 was -18.80%.

Curira AB'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. Curira AB's annualized ROC % for the quarter that ended in Mar. 2022 was -67.40%. Curira AB's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2022 was -4,571.27%.


Curira AB Operating Income Historical Data

The historical data trend for Curira AB'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.

Curira AB Operating Income Chart

Curira AB Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21
Operating Income
-5.92 -3.90 -2.92 -2.50 -7.34

Curira AB Quarterly Data
Sep16 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Sep21 Dec21 Mar22
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 -3.87 -0.90 -1.62 - -36.96

Curira AB 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 Mar. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was kr-38.6 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.


Curira AB  (NGM:CURIRA B) Operating Income Explanation

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

Curira AB's annualized ROC % for the quarter that ended in Mar. 2022 is calculated as:

ROC % (Q: Mar. 2022 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2021 ) + Invested Capital (Q: Mar. 2022 ))/ count )
=-147.848 * ( 1 - -1.39% )/( (2.628 + 442.182)/ 2 )
=-149.9030872/222.405
=-67.40 %

where

Invested Capital(Q: Mar. 2022 )
=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))
=467.378 - 27.097 - ( 43.698 - max(0, 166.005 - 164.104+43.698))
=442.182

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

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

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

ROC (Joel Greenblatt) %(Q: Mar. 2022 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2021  Q: Mar. 2022
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-114.876/( ( (0 + max(-1.326, 0)) + (5.026 + max(-132.859, 0)) )/ 2 )
=-114.876/( ( 0 + 5.026 )/ 2 )
=-114.876/2.513
=-4,571.27 %

where Working Capital is:

Working Capital(Q: Dec. 2021 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.013 + 0 + 0) - (0.014 + 0 + 1.325)
=-1.326

Working Capital(Q: Mar. 2022 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(30.746 + 0.45 + 0) - (27.097 + 0 + 136.958)
=-132.859

When net working capital is negative, 0 is used.

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

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

Curira AB's Operating Margin % for the quarter that ended in Mar. 2022 is calculated as:

Operating Margin %=Operating Income (Q: Mar. 2022 )/Revenue (Q: Mar. 2022 )
=-36.962/196.605
=-18.80 %

* 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.


Curira AB Operating Income Related Terms

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Curira AB (NGM:CURIRA B) Business Description

Traded in Other Exchanges
N/A
Address
Artillerigatan 42, Stockholm, SWE, 114 45
Curira AB formerly CR Ventures develops an algorithm that shows current digital status and digital potential of the company. Its services include Digital Marketing, Digital Transformation, and Digital Benchmarking.

Curira AB (NGM:CURIRA B) Headlines

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