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Qlik Technologies (Qlik Technologies) Operating Income : $-3.7 Mil (TTM As of Jun. 2016)


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What is Qlik Technologies Operating Income?

Qlik Technologies's Operating Income for the three months ended in Jun. 2016 was $-1.2 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Jun. 2016 was $-3.7 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Qlik Technologies's Operating Income for the three months ended in Jun. 2016 was $-1.2 Mil. Qlik Technologies's Revenue for the three months ended in Jun. 2016 was $180.6 Mil. Therefore, Qlik Technologies's Operating Margin % for the quarter that ended in Jun. 2016 was -0.69%.

Qlik Technologies'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. Qlik Technologies's annualized ROC % for the quarter that ended in Jun. 2016 was -66.85%. Qlik Technologies's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2016 was -16.60%.


Qlik Technologies Operating Income Historical Data

The historical data trend for Qlik Technologies'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.

Qlik Technologies Operating Income Chart

Qlik Technologies Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Operating Income
Get a 7-Day Free Trial 19.66 14.63 3.42 -8.88 -11.64

Qlik Technologies Quarterly Data
Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16
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 -9.91 -8.06 30.43 -24.82 -1.25

Qlik Technologies 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. 2016 adds up the quarterly data reported by the company within the most recent 12 months, which was $-3.7 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.


Qlik Technologies  (NAS:QLIK) Operating Income Explanation

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

Qlik Technologies's annualized ROC % for the quarter that ended in Jun. 2016 is calculated as:

ROC % (Q: Jun. 2016 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Mar. 2016 ) + Invested Capital (Q: Jun. 2016 ))/ count )
=-4.984 * ( 1 - -3396.35% )/( (259.577 + 261.739)/ 2 )
=-174.258084/260.658
=-66.85 %

where

Invested Capital(Q: Jun. 2016 )
=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))
=674.275 - 111.051 - ( 381.895 - max(0, 281.59 - 583.075+381.895))
=261.739

Note: The Operating Income data used here is four times the quarterly (Jun. 2016) data.

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

Qlik Technologies's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2016 is calculated as:

ROC (Joel Greenblatt) %(Q: Jun. 2016 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2016  Q: Jun. 2016
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-4.984/( ( (30.753 + max(-92.906, 0)) + (29.305 + max(-80.41, 0)) )/ 2 )
=-4.984/( ( 30.753 + 29.305 )/ 2 )
=-4.984/30.029
=-16.60 %

where Working Capital is:

Working Capital(Q: Mar. 2016 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(144.628 + 0 + 25.592) - (94.938 + 168.188 + 0)
=-92.906

Working Capital(Q: Jun. 2016 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(180.297 + 0 + 20.883) - (111.051 + 170.539 + 0)
=-80.41

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Jun. 2016) EBIT data.

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

Qlik Technologies's Operating Margin % for the quarter that ended in Jun. 2016 is calculated as:

Operating Margin %=Operating Income (Q: Jun. 2016 )/Revenue (Q: Jun. 2016 )
=-1.246/180.644
=-0.69 %

* 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.


Qlik Technologies Operating Income Related Terms

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Qlik Technologies (Qlik Technologies) Business Description

Traded in Other Exchanges
N/A
Address
Qlik Technologies Inc was founded in Sweden in 1993. It solves problems for organizations of all sizes, including the enterprises. The Company is a user-driven Business Intelligence solution that enables its customers to make robust and faster business decisions. The Qlikview Business Discovery platform, or QlikView, helps people create and share insights and analysis in groups and across organizations. Business users can explore data, ask and answer their own stream of questions and follow their own path to insight on their own and in teams and groups. The QlikView is powered by its in-memory engine which maintains associations in data and calculates aggregations as needed. The Company operates in one business segment, namely, the development, commercialization and implementation of software products and related services. It offers solution from middle market customers to large enterprises such as Autodesk, The Dannon Company, Inc., Heidelberger Druckmaschinen AG, Hertz, ING, Kraft Foods, L'Oreal, Lifetime Brands, Lockton Insurance, National Health Service (NHS), Panasonic, Qualcomm, Sony Europe, Symantec, U.S. Department of Veterans Affairs and Volvo Car UK Limited. Its products include: QlikView, QlikView Expressor and QlikView.Next. Its customers can renew, and generally have renewed, their maintenance agreements for a fee that is based upon a percentage of the initial license fee paid. Company market and sell its products and services through its direct sales force and an indirect sales channel comprised of partner network. The Company competes with large software corporations, including suppliers of enterprise resource planning software, that provide one or more capabilities competitive with its products, such as IBM, Microsoft, Oracle and SAP AG.
Executives
Timothy J Maccarrick officer: CFO C/O QLIK TECHNOLOGIES INC.,, 150 N. RADNOR CHESTER ROAD, RADNOR PA 19087
Deborah C Hopkins director 1007 MARKET ST, WILMINGTON DE 19898
Bruce Golden director 428 UNIVERSITY AVE, PALO ALTO CA 94301
Diane Adams officer: Chief People Officer 222 MERCHANDISE MART PLAZA, SUITE 2024, CHICAGO IL 60654
Steffan Tomlinson director PALO ALTO NETWORKS, INC., 3300 OLCOTT STREET, SANTA CLARA CA 95054
Gavin John J Jr director
John C Burris director 851 WEST CYPRESS CREEK ROAD, FORT LAUDERDALE FL 33309
Erel N Margalit director 41 MADISON AVENUE 25TH FLOOR, NEW YORK NY 10010
Jerusalem Partners Iv Lp 10 percent owner C/O JVP CONSULTING INC, 41 MADISON AVE 25TH FL, NEW YORK NY 10010
Jerusalem Venture Partners Iv A Lp 10 percent owner C/O JVP CONSULTING INC, 41 MADISON AVE 25TH FL, NEW YORK NY 10010
Jerusalem Venture Partners Iv Israel Lp 10 percent owner JERUSALEM TECHNOLOGY PARK, BUILDING 1, MALHA, JERUSALEM L3 91487
Jerusalem Partners Iv - Venture Capital Lp 10 percent owner JERUSALEM TECHNOLOGY PARK, BUILDING 1, MALHA, JERUSALEM L3 91487
Jerusalem Venture Partners Entrepreneurs Fund Iv Lp 10 percent owner C/O JVP CONSULTING INC, 41 MADISON AVE 25TH FL, NEW YORK NY 10010
Jvp Corp Iv 10 percent owner C/O ALEXANDRIA BANCORP LTD, P.O. BOX 2428 GT, GRAND CAYMAN E9 00000
Jerusalem Venture Partners Iv Lp 10 percent owner C/O JVP CONSULTING INC, 41 MADISON AVE 25TH FLOOR, NEW YORK NY 10010

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