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RDVT (Red Violet) Operating Income : $7.92 Mil (TTM As of Dec. 2024)


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What is Red Violet Operating Income?

Red Violet's Operating Income for the three months ended in Dec. 2024 was $0.37 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2024 was $7.92 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Red Violet's Operating Income for the three months ended in Dec. 2024 was $0.37 Mil. Red Violet's Revenue for the three months ended in Dec. 2024 was $19.57 Mil. Therefore, Red Violet's Operating Margin % for the quarter that ended in Dec. 2024 was 1.90%.

Red Violet'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. Red Violet's annualized ROC % for the quarter that ended in Dec. 2024 was 3.09%. Red Violet's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was 26.71%.


Red Violet Operating Income Historical Data

The historical data trend for Red Violet'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.

Red Violet Operating Income Chart

Red Violet Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Operating Income
Get a 7-Day Free Trial Premium Member Only -6.83 -1.32 0.36 2.50 7.92

Red Violet Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 -0.90 1.98 3.07 2.50 0.37

Red Violet 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 Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $7.92 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.


Red Violet  (NAS:RDVT) Operating Income Explanation

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

Red Violet's annualized ROC % for the quarter that ended in Dec. 2024 is calculated as:

ROC % (Q: Dec. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2024 ) + Invested Capital (Q: Dec. 2024 ))/ count )
=1.484 * ( 1 - -16.78% )/( (58.641 + 53.457)/ 2 )
=1.7330152/56.049
=3.09 %

where

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

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

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

ROC (Joel Greenblatt) %(Q: Dec. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2024  Q: Dec. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=1.484/( ( (2.626 + max(6.042, 0)) + (2.446 + max(-0.213, 0)) )/ 2 )
=1.484/( ( 8.668 + 2.446 )/ 2 )
=1.484/5.557
=26.71 %

where Working Capital is:

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(8.459 + 0 + 1.73) - (3.582 + 0.565 + 0)
=6.042

Working Capital(Q: Dec. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(8.061 + 0 + 1.627) - (9.189 + 0.712 + 0)
=-0.213

When net working capital is negative, 0 is used.

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

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

Red Violet's Operating Margin % for the quarter that ended in Dec. 2024 is calculated as:

Operating Margin %=Operating Income (Q: Dec. 2024 )/Revenue (Q: Dec. 2024 )
=0.371/19.565
=1.90 %

* 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.


Red Violet Operating Income Related Terms

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Red Violet Business Description

Traded in Other Exchanges
Address
2650 North Military Trail, Suite 300, Boca Raton, FL, USA, 33431
Red Violet Inc is a software and services company. It specializes in big data analysis, providing cloud-based, mission-critical information solutions to enterprises in a variety of industries. Through its CORE data fusion platform, it provides mission-critical information about individuals, businesses and assets.
Executives
Steven D Rubin director OPKO HEALTH, INC., 4400 BISCAYNE BLVD., MIAMI FL 33137
Lisa M. Stanton director 17064 CROSSGATE DRIVE, JUPITER FL 33477
Peter Benz director 171 MADISON AVE., 17 FL.,, NEW YORK NY 10016
Jeffrey Alan Dell officer: Chief Information Officer C/O IDI, INC., 2650 NORTH MILITARY TRAIL, SUITE 300, BOCA RATON FL 33431
Derek Dubner director, officer: Chief Executive Officer 2650 N. MILITARY TRAIL, SUITE 300, BOCA RATON FL 33431
Daniel Maclachlan officer: Chief Financial Officer 2650 NORTH MILITARY TRAIL, SUITE 300, BOCA RATON FL 33431
James Patrick Reilly officer: President 2650 N. MILITARY TRAIL, SUITE 300, BOCA RATON FL 33431
Michael Brauser 10 percent owner 4400 BISCAYNE BLVD., SUITE 850, MIAMI FL 33137
Greater Miami Jewish Federation, Inc. 10 percent owner 4200 BISCAYNE BLVD., MIAMI FL 33137
Frost Phillip Md Et Al 10 percent owner 4400 BISCAYNE BLVD, MIAMI FL 33137-3227
Frost Gamma Investments Trust 10 percent owner 4400 BISCAYNE BLVD, MIAMI FL 33137
Robert Swayman director 5022 NW 102 DRIVE, CORAL SPRINGS FL 33076
Ryan Schulke 10 percent owner C/O IDI, INC., 2650 NORTH MILITARY TRAIL, SUITE 300, BOCA RATON FL 33431
Jinbo Wang officer: Chief Accounting Officer, other: Principal Accounting Officer C/O TIGER MEDIA, INC. ROOM 1705, 511 WEIHAI ROAD, JING AN DISTRICT, SHANGHAI F4 200041