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Pineapple Express Cannabis Co (Pineapple Express Cannabis Co) Operating Income : $-0.06 Mil (TTM As of Jan. 2024)


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What is Pineapple Express Cannabis Co Operating Income?

Pineapple Express Cannabis Co's Operating Income for the three months ended in Jan. 2024 was $-0.01 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Jan. 2024 was $-0.06 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Pineapple Express Cannabis Co's Operating Income for the three months ended in Jan. 2024 was $-0.01 Mil. Pineapple Express Cannabis Co's Revenue for the three months ended in Jan. 2024 was $0.00 Mil. Therefore, Pineapple Express Cannabis Co's Operating Margin % for the quarter that ended in Jan. 2024 was %.

Pineapple Express Cannabis Co'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. Pineapple Express Cannabis Co's annualized ROC % for the quarter that ended in Jan. 2024 was -4.52%. Pineapple Express Cannabis Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jan. 2024 was -1,200.00%.


Pineapple Express Cannabis Co Operating Income Historical Data

The historical data trend for Pineapple Express Cannabis Co'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.

Pineapple Express Cannabis Co Operating Income Chart

Pineapple Express Cannabis Co Annual Data
Trend Jan22 Jan23 Jan24
Operating Income
-0.05 -0.02 -0.06

Pineapple Express Cannabis Co Quarterly Data
Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Operating Income Get a 7-Day Free Trial Premium Member Only -0.01 -0.03 -0.02 - -0.01

Pineapple Express Cannabis Co 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 Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.06 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.


Pineapple Express Cannabis Co  (OTCPK:PNXP) Operating Income Explanation

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

Pineapple Express Cannabis Co's annualized ROC % for the quarter that ended in Jan. 2024 is calculated as:

ROC % (Q: Jan. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Oct. 2023 ) + Invested Capital (Q: Jan. 2024 ))/ count )
=-0.024 * ( 1 - 0% )/( (1.06 + 0.002)/ 2 )
=-0.024/0.531
=-4.52 %

where

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

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

Pineapple Express Cannabis Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jan. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Jan. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Oct. 2023  Q: Jan. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-0.024/( ( (0.002 + max(-0.016, 0)) + (0.002 + max(-0.018, 0)) )/ 2 )
=-0.024/( ( 0.002 + 0.002 )/ 2 )
=-0.024/0.002
=-1,200.00 %

where Working Capital is:

Working Capital(Q: Oct. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0) - (0.016 + 0 + 0)
=-0.016

Working Capital(Q: Jan. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0) - (0.018 + 0 + 0)
=-0.018

When net working capital is negative, 0 is used.

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

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

Pineapple Express Cannabis Co's Operating Margin % for the quarter that ended in Jan. 2024 is calculated as:

Operating Margin %=Operating Income (Q: Jan. 2024 )/Revenue (Q: Jan. 2024 )
=-0.006/0
= %

* 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.


Pineapple Express Cannabis Co Operating Income Related Terms

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Pineapple Express Cannabis Co (Pineapple Express Cannabis Co) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
10351 Santa Monica Boulevard, Suite 420, Los Angeles, CA, USA, 90025
Pineapple Express Cannabis Co is a world-renowned Dispensary located at the iconic corner of Hollywood Blvd and Vine Street in Los Angeles, CA. Pineapple Express carries the best cannabis products in California at a competitive price with FAST and friendly service. It has everything from cannabis flowers to pre-rolls, concentrates, topicals, and edibles, and constantly updates Its inventory with the latest and greatest strains. The company also offers fast and discreet cannabis delivery services.
Executives
Matthew Feinstein director, 10 percent owner, officer: CEO 8439 W. SUNSET BLVD., SUITE 101, WEST HOLLYWOOD CA 90069

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