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SHPWQ (Shapeways Holdings) Operating Income : $-31.52 Mil (TTM As of Dec. 2023)


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What is Shapeways Holdings Operating Income?

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%.


Shapeways Holdings Operating Income Historical Data

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.

* Premium members only.

Shapeways Holdings Operating Income Chart

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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -7.19 -7.73 -7.15 -9.78 -6.87

Shapeways Holdings 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. 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

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.


Shapeways Holdings Operating Income Related Terms

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Shapeways Holdings Business Description

Traded in Other Exchanges
N/A
Address
12163 Globe Street, Livonia, MI, USA, 48150
Shapeways Holdings Inc is a leading digital manufacturer combining high quality, flexible on-demand manufacturing with purpose-built proprietary software to offer customers an end-to-end digital manufacturing platform on which they can rapidly transform digital designs into physical products. It makes industrial-grade additive manufacturing accessible by fully digitizing the end-to-end manufacturing process. The Company reports in one segment, which focuses on providing additive manufacturing services to customers.
Executives
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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