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Phunware (Phunware) Operating Income : $-15.50 Mil (TTM As of Mar. 2024)


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What is Phunware Operating Income?

Phunware's Operating Income for the three months ended in Mar. 2024 was $-2.87 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2024 was $-15.50 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Phunware's Operating Income for the three months ended in Mar. 2024 was $-2.87 Mil. Phunware's Revenue for the three months ended in Mar. 2024 was $0.92 Mil. Therefore, Phunware's Operating Margin % for the quarter that ended in Mar. 2024 was -312.05%.

Phunware'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. Phunware's annualized ROC % for the quarter that ended in Mar. 2024 was -158.53%. Phunware's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -612.84%.


Phunware Operating Income Historical Data

The historical data trend for Phunware'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.

Phunware Operating Income Chart

Phunware Annual Data
Trend Nov17 Nov18 Dec19 Dec20 Dec21 Dec22 Dec23
Operating Income
Get a 7-Day Free Trial -12.31 -13.00 -16.84 -24.03 -19.87

Phunware Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -6.69 -6.99 -5.35 -0.28 -2.87

Phunware 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-15.50 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.


Phunware  (NAS:PHUN) Operating Income Explanation

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

Phunware's annualized ROC % for the quarter that ended in Mar. 2024 is calculated as:

ROC % (Q: Mar. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2023 ) + Invested Capital (Q: Mar. 2024 ))/ count )
=-11.496 * ( 1 - 0% )/( (9.997 + 4.506)/ 2 )
=-11.496/7.2515
=-158.53 %

where

Note: The Operating Income data used here is four times the quarterly (Mar. 2024) data.

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

Phunware's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2023  Q: Mar. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-8.736/( ( (1.491 + max(-9.911, 0)) + (1.36 + max(-6.454, 0)) )/ 2 )
=-8.736/( ( 1.491 + 1.36 )/ 2 )
=-8.736/1.4255
=-612.84 %

where Working Capital is:

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.55 + 0 + 0.477) - (8.273 + 1.258 + 1.407)
=-9.911

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.637 + 0 + 0.432) - (5.309 + 1.012 + 1.202)
=-6.454

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2024) EBIT data.

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

Phunware's Operating Margin % for the quarter that ended in Mar. 2024 is calculated as:

Operating Margin %=Operating Income (Q: Mar. 2024 )/Revenue (Q: Mar. 2024 )
=-2.874/0.921
=-312.05 %

* 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.


Phunware Operating Income Related Terms

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Phunware (Phunware) Business Description

Traded in Other Exchanges
Address
1002 West Avenue, Austin, TX, USA, 78701
Phunware Inc is a software company. It is a Multiscreen as a Service (MaaS) integrated enterprise software platform for mobile that provides companies with the products, solutions, and data and services necessary to engage, manage and monetize its mobile application audiences. The company's segments include Phunware and Lyte. It generates maximum revenue from the Lyte segment.
Executives
Michael Snavely officer: Chief Revenue Officer 3 CRABAPPLE COURT, AUSTIN TX 78738
Eric Manlunas director 7800 SHOAL CREEK BLVD., SUITE 230-S, AUSTIN TX 78757
Troy Lee Reisner officer: Chief Financial Officer 8374 RAPHAEL LANE, LITTLETON CO 80125
Ryan Costello director 934 GARLINGTON CIRCLE, WEST CHESTER PA 19380
Alan S Knitowski director, officer: Chief Executive Officer 2 SAN JOAQUIN PLAZA, SUITE 240, NEWPORT BEACH CA 92660
Russell C Buyse director 1136 ELDER CIR, AUSTIN TX 78733
Stephen Chen director 29 GLEN ROAD, WESTBURY NY 11590
Matthew K. Lull officer: Chief Cryptocurrency Officer 1279 W. PALMETTO PARK ROAD, UNIT # 272762, BOCA RATON FL 33486
Christopher D. Olive officer: Chief Legal Officer 4316 LIVELY LANE, DALLAS TX 75220
Rahul Mewawalla director 265 TURNER DRIVE, DURANGO CO 80202
Blythe Masters director 1601 ELM STREET, SUITE 800, DALLAS TX 75201
Matt Aune officer: Chief Financial Officer C/O PHUNWARE INC, 7800 SHOAL CREEK BLVD SUITE 230-S, AUSTIN TX 78757
Lori Tauber Marcus director C/O THE CHILDREN'S PLACE, 500 PLAZA DRIVE, SECAUCUS NJ 07094
Randall Crowder director, officer: Chief Operating Officer C/O PHUNWARE INC, 7800 SHOAL CREEK BLVD SUITE 230-S, AUSTIN TX 78757
Kathy Mayor director C/O PHUNWARE INC, 7800 SHOAL CREEK BLVD SUITE 230-S, AUSTIN TX 78757