PSSR (PASSUR Aerospace) Operating Income: $-2.12 Mil (TTM As of Jul. 2022)

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PSSR PASSUR Aerospace Inc PSSR
12 GF Score
Price $0.35
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What is PASSUR Aerospace Operating Income?

PASSUR Aerospace PSSR 12 Operating Income is $-2.12 Mil as of Jul. 2022. GuruFocus rates PSSR with a GF Score™ of 12/100.

PASSUR Aerospace's Operating Income for the three months ended in Jul. 2022 was $-1.19 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Jul. 2022 was $-2.12 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. PASSUR Aerospace's Operating Income for the three months ended in Jul. 2022 was $-1.19 Mil. PASSUR Aerospace's Revenue for the three months ended in Jul. 2022 was $1.48 Mil. Therefore, PASSUR Aerospace's Operating Margin % for the quarter that ended in Jul. 2022 was -80.05%.

PASSUR Aerospace'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. PASSUR Aerospace's annualized ROC % for the quarter that ended in Jul. 2022 was -247.82%. PASSUR Aerospace's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jul. 2022 was -1,550.41%.

PASSUR Aerospace  (OTCPK:PSSR) Operating Income Explanation

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

PASSUR Aerospace's annualized ROC % for the quarter that ended in Jul. 2022 is calculated as:

ROC % (Q: Jul. 2022 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Apr. 2022 ) + Invested Capital (Q: Jul. 2022 ))/ count )
=-4.752 * ( 1 - 0% )/( (2.086 + 1.749)/ 2 )
=-4.752/1.9175
=-247.82 %

where

Invested Capital(Q: Apr. 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))
=2.515 - 1.815 - ( 0.219 - max(0, 3.037 - 1.651+0.219))
=2.086

Invested Capital(Q: Jul. 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))
=2.135 - 2.278 - ( 0.217 - max(0, 3.319 - 1.427+0.217))
=1.749

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

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

PASSUR Aerospace's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jul. 2022 is calculated as:

ROC (Joel Greenblatt) %(Q: Jul. 2022 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Apr. 2022  Q: Jul. 2022
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-4.752/( ( (0.324 + max(-1.515, 0)) + (0.289 + max(-2.019, 0)) )/ 2 )
=-4.752/( ( 0.324 + 0.289 )/ 2 )
=-4.752/0.3065
=-1,550.41 %

where Working Capital is:

Working Capital(Q: Apr. 2022 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1.008 + 0 + 0.424) - (1.815 + 1.133 + -0.0010000000000003)
=-1.515

Working Capital(Q: Jul. 2022 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.911 + 0 + 0.299) - (2.278 + 0.952 + -0.00099999999999989)
=-2.019

When net working capital is negative, 0 is used.

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

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

PASSUR Aerospace's Operating Margin % for the quarter that ended in Jul. 2022 is calculated as:

Operating Margin %=Operating Income (Q: Jul. 2022 )/Revenue (Q: Jul. 2022 )
=-1.188/1.484
=-80.05 %

* 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.

PASSUR Aerospace Operating Income Related Terms

PASSUR Aerospace Operating Income Historical Data

* Premium members only.

The historical data trend for PASSUR Aerospace'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.

PASSUR Aerospace Operating Income Chart

PASSUR Aerospace Annual Data
Trend Oct12 Oct13 Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21
Operating Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.38 -5.15 -3.13 -1.46 1.15

PASSUR Aerospace Quarterly Data
Oct17 Jan18 Apr18 Jul18 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22
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 0.20 0.34 -0.16 -1.11 -1.19
PSSR
12GF Score
PASSUR Aerospace Inc PSSR
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
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PASSUR Aerospace 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 Jul. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $-2.12 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 $-2.12 Mil mean?
PASSUR Aerospace (PSSR) has a Operating Income of $-2.12 Mil as of Jul. 2022. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on PASSUR Aerospace and its competitors.
Is PASSUR Aerospace's Operating Income too high?
PASSUR Aerospace's current Operating Income is $-2.12 Mil. Overall, PASSUR Aerospace has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does PASSUR Aerospace's Operating Income compare to BANT and HWKE?
PASSUR Aerospace's Operating Income of $-2.12 Mil can be compared against companies in the Aerospace & Defense 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 an Aerospace & Defense company?
A good Operating Income depends on the Aerospace & Defense 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 PASSUR Aerospace and its competitors. PASSUR Aerospace's current Operating Income is $-2.12 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PASSUR Aerospace stock overvalued right now?
PASSUR Aerospace (PSSR) has a current Operating Income of $-2.12 Mil. The current Operating Income is $-2.12 Mil. PASSUR Aerospace's overall GF Score™ is 12/100. 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 PASSUR Aerospace (PSSR), the current Operating Income is $-2.12 Mil as of Jul. 2022. 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.

PASSUR Aerospace Business Description

Address 3452 Lake Lynda Drive, Suite 190, Orlando, FL, USA, 06901
PASSUR Aerospace Inc is engaged in digital operational excellence, providing predictive analytics and decision support technology for the aviation industry, to improve the operational performance and cash flow of airlines and the airports where they operate. The company's information solutions are used at five North American airlines; by airlines in Europe; by more than 60 airport customers (used at the top 30 North American airports); by more than 100 business aviation organizations; and by the US government.
12GF Score

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

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