PLBLF (Altus Copper) Operating Income: $-1.71 Mil (TTM As of Jun. 2023)

What is Altus Copper Operating Income?

Altus Copper PLBLF Operating Income is $-1.71 Mil as of Jun. 2023.

Altus Copper's Operating Income for the three months ended in Jun. 2023 was $-0.20 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Jun. 2023 was $-1.71 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Altus Copper's Operating Income for the three months ended in Jun. 2023 was $-0.20 Mil. Altus Copper's Revenue for the three months ended in Jun. 2023 was $0.07 Mil. Therefore, Altus Copper's Operating Margin % for the quarter that ended in Jun. 2023 was -275.00%.

Altus Copper'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. Altus Copper's annualized ROC % for the quarter that ended in Jun. 2023 was -618.75%. Altus Copper's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2023 was -1,056.00%.

Altus Copper (OTCPK:PLBLF) Operating Income Explanation

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

Altus Copper's annualized ROC % for the quarter that ended in Jun. 2023 is calculated as:

	ROC % (Q: Jun. 2023 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Mar. 2023 )	+	Invested Capital (Q: Jun. 2023 ))	/ count )
=	-0.792 * ( 1 - 0% )	/	( (0.163	+	0.093)	/ 2 )
=	-0.792	/	0.128
=	-618.75 %

where

	Invested Capital		(Q: Mar. 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	))
=	0.448	-	0.066	-	( 0.223	-	max(0, 0.118	-	0.337	+	0.223	))
=	0.163

	Invested Capital		(Q: Jun. 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	))
=	0.282	-	0.084	-	( 0.136	-	max(0, 0.111	-	0.216	+	0.136	))
=	0.093

Note: The Operating Income data used here is four times the quarterly (Jun. 2023) data.

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

Altus Copper's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2023 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Jun. 2023 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Mar. 2023		Q: Jun. 2023
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-0.792	/	( ( (0.073 + max(0.048, 0))	+	(0.029 + max(-0.005, 0)) )	/	2 )
=	-0.792	/	( ( 0.121	+	0.029 )	/	2 )
=	-0.792	/	0.075
=	-1,056.00 %

where Working Capital is:

	Working Capital		(Q: Mar. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0.023	+	0.025	+	0.066)	-	(0.066	+	0	+	0)
=	0.048

	Working Capital		(Q: Jun. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0.01	+	0.007	+	0.063)	-	(0.084	+	0	+	0.001)
=	-0.005

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Jun. 2023) EBIT data.

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

Altus Copper's Operating Margin % for the quarter that ended in Jun. 2023 is calculated as:

Operating Margin %	=	Operating Income (Q: Jun. 2023 )	/	Revenue (Q: Jun. 2023 )
	=	-0.198	/	0.072
	=	-275.00 %

* 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.

Altus Copper Operating Income Related Terms

Altus Copper Operating Income Historical Data

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The historical data trend for Altus Copper's Operating Income can be seen below:

Altus Copper Operating Income Chart

Altus Copper Annual Data

Trend

Dec20

Dec21

Dec22

Operating Income

-0.37

-1.40

-2.92

Altus Copper Quarterly Data
	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23
Operating Income	Get a 7-Day Free Trial						-0.80	-0.72	-0.59	-0.20	-0.20

Altus Copper 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. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-1.71 Mil.

Frequently Asked Questions Learn more about Operating Income →

What does a Operating Income of $-1.71 Mil mean?

Altus Copper (PLBLF) has a Operating Income of $-1.71 Mil as of Jun. 2023. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Altus Copper and its competitors.

Is Altus Copper's Operating Income too high?

Altus Copper's current Operating Income is $-1.71 Mil.

How does Altus Copper's Operating Income compare to TTCFQ and BSFC?

Altus Copper's Operating Income of $-1.71 Mil can be compared against companies in the Consumer Packaged Goods 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 Consumer Packaged Goods company?

A good Operating Income depends on the Consumer Packaged Goods 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 Altus Copper and its competitors. Altus Copper's current Operating Income is $-1.71 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Altus Copper stock overvalued right now?

Altus Copper (PLBLF) has a current Operating Income of $-1.71 Mil. The current Operating Income is $-1.71 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 Altus Copper (PLBLF), the current Operating Income is $-1.71 Mil as of Jun. 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.

Altus Copper Business Description

Industry Consumer Defensive Consumer Packaged Goods

Comparable Companies TTCFQ BSFC BDPT GLUC RTON XSWX:NESN KHC XPAR:BN GIS SHSE:603288 NSE:NESTLEIND SZSE:300999 SHSE:600887 TSE:2802 LSE:ABF MEX:BIMBOA HRL K MKC SGX:F34

Address 1095 W Pender Street, Suite 750, Vancouver, BC, CAN, V6E 2M6

Website https://www.plantable.com

Altus Copper Corp formerly Plantable Health Inc offers a lifestyle change program that uses the foundations of behavioral psychology, neuroscience, and nutritional science to transform health and wellness and promote healthy weight loss by facilitating, supporting, and empowering customers through the introduction to and adoption of a plant-centric diet. The meal plans offered by the company include The Reboot, The Quickstart and A La Carte.