SHRG (Sharing Services Global) Operating Income: $-3.38 Mil (TTM As of Sep. 2024)


SHRG Sharing Services Global Corp SHRG
12 GF Score
Price $0.02
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What is Sharing Services Global Operating Income?

Sharing Services Global SHRG 12 Operating Income is $-3.38 Mil as of Sep. 2024. GuruFocus rates SHRG with a GF Score™ of 12/100.

Sharing Services Global's Operating Income for the three months ended in Sep. 2024 was $-0.64 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Sep. 2024 was $-3.38 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Sharing Services Global's Operating Income for the three months ended in Sep. 2024 was $-0.64 Mil. Sharing Services Global's Revenue for the three months ended in Sep. 2024 was $2.09 Mil. Therefore, Sharing Services Global's Operating Margin % for the quarter that ended in Sep. 2024 was -30.46%.

Sharing Services Global'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. Sharing Services Global's annualized ROC % for the quarter that ended in Sep. 2024 was -51.52%. Sharing Services Global's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was -213.15%.

Sharing Services Global  (OTCPK:SHRG) Operating Income Explanation

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

Sharing Services Global's annualized ROC % for the quarter that ended in Sep. 2024 is calculated as:

ROC % (Q: Sep. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2024 ) + Invested Capital (Q: Sep. 2024 ))/ count )
=-2.54 * ( 1 - 0% )/( (4.723 + 5.137)/ 2 )
=-2.54/4.93
=-51.52 %

where

Invested Capital(Q: Jun. 2024 )
=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))
=6.227 - 5.984 - ( 0.58 - max(0, 8.578 - 4.098+0.58))
=4.723

Invested Capital(Q: Sep. 2024 )
=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))
=6.257 - 6.267 - ( 0.73 - max(0, 9.366 - 4.219+0.73))
=5.137

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

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

Sharing Services Global's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Sep. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2024  Q: Sep. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-1.216/( ( (0.598 + max(-5.341, 0)) + (0.543 + max(-5.672, 0)) )/ 2 )
=-1.216/( ( 0.598 + 0.543 )/ 2 )
=-1.216/0.5705
=-213.15 %

where Working Capital is:

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.301 + 1.196 + 0.221) - (5.984 + 0.149 + 0.926)
=-5.341

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.295 + 1.225 + 0.169) - (6.267 + 0.169 + 0.925)
=-5.672

When net working capital is negative, 0 is used.

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

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

Sharing Services Global's Operating Margin % for the quarter that ended in Sep. 2024 is calculated as:

Operating Margin %=Operating Income (Q: Sep. 2024 )/Revenue (Q: Sep. 2024 )
=-0.635/2.085
=-30.46 %

* 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.

Sharing Services Global Operating Income Related Terms

Sharing Services Global Operating Income Historical Data

* Premium members only.

The historical data trend for Sharing Services Global'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.

Sharing Services Global Operating Income Chart

Sharing Services Global Annual Data
Trend Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Mar21 Mar22 Mar23 Mar24
Operating Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.70 -2.18 -13.33 -14.82 -4.90

Sharing Services Global Quarterly Data
Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 -1.12 -0.74 -1.37 -0.64 -0.64
SHRG
12GF Score
Sharing Services Global Corp SHRG
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Sharing Services Global 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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-3.38 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 $-3.38 Mil mean?
Sharing Services Global (SHRG) has a Operating Income of $-3.38 Mil as of Sep. 2024. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Sharing Services Global and its competitors.
Is Sharing Services Global's Operating Income too high?
Sharing Services Global's current Operating Income is $-3.38 Mil. Overall, Sharing Services Global has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Sharing Services Global's Operating Income compare to AVRW and JBS?
Sharing Services Global's Operating Income of $-3.38 Mil can be compared against companies in the Consumer Packaged Goods 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 a Consumer Packaged Goods company?
A good Operating Income depends on the Consumer Packaged Goods 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 Sharing Services Global and its competitors. Sharing Services Global's current Operating Income is $-3.38 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sharing Services Global stock overvalued right now?
Sharing Services Global (SHRG) has a current Operating Income of $-3.38 Mil. The current Operating Income is $-3.38 Mil. Sharing Services Global'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 Sharing Services Global (SHRG), the current Operating Income is $-3.38 Mil as of Sep. 2024. 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.

Sharing Services Global Business Description

Address 5200 Tennyson Parkway, Suite 400, Plano, TX, USA, 75024
Sharing Services Global Corp is a diversified holding company specializing in the direct selling industry. The company owns, operates, or controls an interest in various companies that sell products and services to the consumer directly through independent representatives ranging from health and wellness, energy, technology, insurance services, training, media, and travel benefits. Its operating segment includes Sale of health and wellness products and the sale of member-based travel services through an independent sales force. The company derives the maximum revenue from the Health and wellness products segment. Geographically, it generates a majority of its revenue from the United States.
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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