PAXH (PreAxia Health Care Payment Systems) Operating Income: $-1.20 Mil (TTM As of Feb. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

PAXH PreAxia Health Care Payment Systems Inc PAXH
20 GF Score
Price $0.22
! 2 Warning Signs
View Full Analysis

What is PreAxia Health Care Payment Systems Operating Income?

PreAxia Health Care Payment Systems PAXH 20 Operating Income is $-1.20 Mil as of Feb. 2026. GuruFocus rates PAXH with a GF Score™ of 20/100. The stock has 2 warning signs investors should review.

PreAxia Health Care Payment Systems's Operating Income for the three months ended in Feb. 2026 was $-0.10 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Feb. 2026 was $-1.20 Mil.

Warning Sign:

PreAxia Health Care Payment Systems Inc has never been profitable in the past 3 years. It lost money every year.

Operating Margin % is calculated as Operating Income divided by its Revenue. PreAxia Health Care Payment Systems's Operating Income for the three months ended in Feb. 2026 was $-0.10 Mil. PreAxia Health Care Payment Systems's Revenue for the three months ended in Feb. 2026 was $0.00 Mil. Therefore, PreAxia Health Care Payment Systems's Operating Margin % for the quarter that ended in Feb. 2026 was %.

PreAxia Health Care Payment Systems'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. PreAxia Health Care Payment Systems's annualized ROC % for the quarter that ended in Feb. 2026 was -100.00%. PreAxia Health Care Payment Systems's annualized ROC (Joel Greenblatt) % for the quarter that ended in Feb. 2026 was %.


PreAxia Health Care Payment Systems  (OTCPK:PAXH) Operating Income Explanation

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

PreAxia Health Care Payment Systems's annualized ROC % for the quarter that ended in Feb. 2026 is calculated as:

ROC % (Q: Feb. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Nov. 2025 ) + Invested Capital (Q: Feb. 2026 ))/ count )
=-0.38 * ( 1 - 0% )/( (0.211 + 0.549)/ 2 )
=-0.38/0.38
=-100.00 %

where

Note: The Operating Income data used here is four times the quarterly (Feb. 2026) data.

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

PreAxia Health Care Payment Systems's annualized ROC (Joel Greenblatt) % for the quarter that ended in Feb. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Feb. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Nov. 2025  Q: Feb. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-0.376/( ( (0 + max(-0.688, 0)) + (0 + max(-0.644, 0)) )/ 2 )
=-0.376/( ( 0 + 0 )/ 2 )
=-0.376/0
= %

where Working Capital is:

Working Capital(Q: Nov. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0) - (0.688 + 0 + 1.1102230246252E-16)
=-0.688

Working Capital(Q: Feb. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0) - (0.644 + 0 + 0)
=-0.644

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Feb. 2026) EBIT data.

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

PreAxia Health Care Payment Systems's Operating Margin % for the quarter that ended in Feb. 2026 is calculated as:

Operating Margin %=Operating Income (Q: Feb. 2026 )/Revenue (Q: Feb. 2026 )
=-0.095/0
= %

* 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.


PreAxia Health Care Payment Systems Operating Income Related Terms


PreAxia Health Care Payment Systems Operating Income Historical Data

* Premium members only.

The historical data trend for PreAxia Health Care Payment Systems'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.

PreAxia Health Care Payment Systems Operating Income Chart

PreAxia Health Care Payment Systems Annual Data
Trend May16 May17 May18 May19 May20 May21 May22 May23 May24 May25
Operating Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.16 -0.18 -0.16 -0.10 -0.15

PreAxia Health Care Payment Systems Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26
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 -0.01 -0.12 -0.88 -0.11 -0.10
PAXH
20GF Score
PreAxia Health Care Payment Systems Inc PAXH
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PreAxia Health Care Payment Systems 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 Feb. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-1.20 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 $-1.20 Mil mean?
PreAxia Health Care Payment Systems (PAXH) has a Operating Income of $-1.20 Mil as of Feb. 2026. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on PreAxia Health Care Payment Systems and its competitors.
Is PreAxia Health Care Payment Systems' Operating Income too high?
PreAxia Health Care Payment Systems' current Operating Income is $-1.20 Mil. Overall, PreAxia Health Care Payment Systems has a GF Score™ of 20/100, reflecting its overall financial health beyond just this single metric.
How does PreAxia Health Care Payment Systems' Operating Income compare to VSEE and MNDR?
PreAxia Health Care Payment Systems' Operating Income of $-1.20 Mil can be compared against companies in the Healthcare Providers & 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 Healthcare Providers & Services company?
A good Operating Income depends on the Healthcare Providers & 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 PreAxia Health Care Payment Systems and its competitors. PreAxia Health Care Payment Systems's current Operating Income is $-1.20 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PreAxia Health Care Payment Systems stock overvalued right now?
PreAxia Health Care Payment Systems (PAXH) has a current Operating Income of $-1.20 Mil. The current Operating Income is $-1.20 Mil. PreAxia Health Care Payment Systems' overall GF Score™ is 20/100 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 PreAxia Health Care Payment Systems (PAXH), the current Operating Income is $-1.20 Mil as of Feb. 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.

PreAxia Health Care Payment Systems Business Description

Address PO Box 368, Dunedin, FL, USA, 34697-0368
PreAxia Health Care Payment Systems Inc engages in the services related to the health payment market. The solution provided by the company includes an HSA or Health spending account for health care spending. The amount deposited in this account can be used to pay for health care expenses for employees and their dependents. The company caters to brokerage and brokers, clinics and practitioners, and small and medium businesses.
20GF Score

Get the complete analysis for PAXH

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

$0.22
Price