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Shapeways Holdings's Operating Income for the three months ended in Dec. 2023 was $-6.87 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2023 was $-31.52 Mil.
Operating Margin % is calculated as Operating Income divided by its Revenue. Shapeways Holdings's Operating Income for the three months ended in Dec. 2023 was $-6.87 Mil. Shapeways Holdings's Revenue for the three months ended in Dec. 2023 was $9.45 Mil. Therefore, Shapeways Holdings's Operating Margin % for the quarter that ended in Dec. 2023 was -72.70%.
Shapeways Holdings'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. Shapeways Holdings's annualized ROC % for the quarter that ended in Dec. 2023 was -114.51%. Shapeways Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -419.64%.
The historical data trend for Shapeways Holdings'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.
Shapeways Holdings Annual Data | |||||||||||
Trend | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | ||||||
Operating Income | -6.45 | -2.62 | -8.03 | -23.96 | -31.52 |
Shapeways Holdings Quarterly Data | ||||||||||||||||
Dec19 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | |
Operating Income | Get a 7-Day Free Trial | -7.19 | -7.73 | -7.15 | -9.78 | -6.87 |
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. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-31.52 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.
Shapeways Holdings (OTCPK:SHPWQ) Operating Income Explanation
1. Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.
Shapeways Holdings's annualized ROC % for the quarter that ended in Dec. 2023 is calculated as:
ROC % (Q: Dec. 2023 ) | ||||||
= | NOPAT | / | Average Invested Capital | |||
= | Operating Income * ( 1 - Tax Rate % ) | / | ( (Invested Capital (Q: Sep. 2023 ) | + | Invested Capital (Q: Dec. 2023 )) | / count ) |
= | -27.48 * ( 1 - 0.31% ) | / | ( (26.04 | + | 21.809) | / 2 ) |
= | -27.394812 | / | 23.9245 | |||
= | -114.51 % |
where
Invested Capital | (Q: Sep. 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 | )) |
= | 47.268 | - | 3.711 | - | ( 17.517 | - | max(0, 8.122 | - | 28.568 | + | 17.517 | )) |
= | 26.04 |
Invested Capital | (Q: Dec. 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 | )) |
= | 38.867 | - | 4.858 | - | ( 12.2 | - | max(0, 9.905 | - | 23.133 | + | 12.2 | )) |
= | 21.809 |
Note: The Operating Income data used here is four times the quarterly (Dec. 2023) data.
2. Joel Greenblatt's definition of Return on Capital:
Shapeways Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:
ROC (Joel Greenblatt) % | (Q: Dec. 2023 ) | ||||||
= | EBIT | / | Average of (Net fixed Assets | + | Net Working Capital) | ||
= | EBIT | / | Average of (Property, Plant and Equipment | + | Net Working Capital) | ||
Q: Sep. 2023 | Q: Dec. 2023 | ||||||
= | EBIT | / | ( ( (Property, Plant and Equipment + Net Working Capital) | + | (Property, Plant and Equipment + Net Working Capital) ) | / | count ) |
= | -42.044 | / | ( ( (7.936 + max(3.044, 0)) | + | (7.448 + max(1.61, 0)) ) | / | 2 ) |
= | -42.044 | / | ( ( 10.98 | + | 9.058 ) | / | 2 ) |
= | -42.044 | / | 10.019 | ||||
= | -419.64 % |
where Working Capital is:
Working Capital | (Q: Sep. 2023 ) | ||||||||||
= | (Accounts Receivable | + | Total Inventories | + | Other Current Assets) | - | (Accounts Payable & Accrued Expense | + | Defer. Rev. | + | Other Current Liabilities) |
= | (3.832 | + | 1.998 | + | 4.307) | - | (3.711 | + | 1.838 | + | 1.544) |
= | 3.044 |
Working Capital | (Q: Dec. 2023 ) | ||||||||||
= | (Accounts Receivable | + | Total Inventories | + | Other Current Assets) | - | (Accounts Payable & Accrued Expense | + | Defer. Rev. | + | Other Current Liabilities) |
= | (4.68 | + | 2.036 | + | 3.177) | - | (4.858 | + | 1.773 | + | 1.652) |
= | 1.61 |
When net working capital is negative, 0 is used.
Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.
3. Operating Income is also linked to Operating Margin %:
Shapeways Holdings's Operating Margin % for the quarter that ended in Dec. 2023 is calculated as:
Operating Margin % | = | Operating Income (Q: Dec. 2023 ) | / | Revenue (Q: Dec. 2023 ) |
= | -6.87 | / | 9.45 | |
= | -72.70 % |
* 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.
Thank you for viewing the detailed overview of Shapeways Holdings's Operating Income provided by GuruFocus.com. Please click on the following links to see related term pages.
Joseph Andrew Nied | officer: Chief Operating Officer | C/O SHAPEWAYS HOLDINGS, INC., 30-02 48TH AVENUE, LONG ISLAND CITY NY 11101 |
Alberto Recchi | director | 1049 PARK AVENUE FLOOR 14A, NEW YORK NY 10028 |
Greg Kress | director, officer: Chief Executive Officer | C/O SHAPEWAYS HOLDINGS, INC., 30-02 48TH AVENUE, LONG ISLAND CITY NY 11101 |
Christine Marie Gorjanc | director | 4500 GREAT AMERICA PARKWAY, SANTA CLARA CA 95054 |
Campbell Leslie C.g. | director | C/O COUPA SOFTWARE INC., 1855 S. GRANT STREET, SAN MATEO CA 94402 |
Raj Batra | director | MKS INSTRUMENTS, INC., 2 TECH DRIVE, SUITE 201, ANDOVER MA 01810 |
Index Ventures V Parallel Entrepreneur Fund (jersey), L.p. | 10 percent owner | OGIER HOUSE, THE ESPLANADE, ST. HELIER Y9 JE4 9WC |
Miko Levy | officer: Chief Revenue Officer | C/O SHAPEWAYS HOLDINGS, INC., 30-02 48TH AVENUE, LONG ISLAND CITY NY 11101 |
Jennifer Walsh | officer: Chief Financial Officer | C/O SHAPEWAYS HOLDINGS, INC., 30-02 48TH STREET, LONG ISLAND CITY NY 11101 |
Ryan C. Kearny | director | C/O F5 NETWORKS, INC., 401 ELLIOTT AVE. WEST, SEATTLE WA 98119 |
Patrick S Jones | director | 5555 NE MOORE CT, HILLSBORO OR 97124 |
Robert Jan Galema | director | C/O SHAPEWAYS HOLDINGS, INC., 30-02 48TH AVENUE, LONG ISLAND CITY NY 11101 |
Index Ventures V (jersey), L.p. | 10 percent owner | OGIER HOUSE, THE ESPLANADE, ST. HELIER Y9 JE4 9WC |
Ah Parallel Fund Iii-a, L.p. | 10 percent owner | 2865 SAND HILL ROAD, SUITE 101, MENLO PARK CA 94025 |
Josh Wolfe | director | C/O LUX HEALTH TECH ACQUISITION CORP., 920 BROADWAY, 11TH FLOOR, NEW YORK NY 10010 |
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