GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Non-Alcoholic » The Good Shroom Co Inc (OTCPK:TGSHF) » Definitions » Operating Income

TGSHF (The Good Shroom Co) Operating Income : $0.04 Mil (TTM As of Jul. 2024)


View and export this data going back to 2023. Start your Free Trial

What is The Good Shroom Co Operating Income?

The Good Shroom Co's Operating Income for the three months ended in Jul. 2024 was $-0.10 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Jul. 2024 was $0.04 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. The Good Shroom Co's Operating Income for the three months ended in Jul. 2024 was $-0.10 Mil. The Good Shroom Co's Revenue for the three months ended in Jul. 2024 was $0.49 Mil. Therefore, The Good Shroom Co's Operating Margin % for the quarter that ended in Jul. 2024 was -19.55%.

The Good Shroom Co'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. The Good Shroom Co's annualized ROC % for the quarter that ended in Jul. 2024 was -119.50%. The Good Shroom Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jul. 2024 was -120.75%.


The Good Shroom Co Operating Income Historical Data

The historical data trend for The Good Shroom Co'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.

The Good Shroom Co Operating Income Chart

The Good Shroom Co Annual Data
Trend Jul21 Jul22 Jul23 Jul24
Operating Income
-2.77 -1.24 -0.34 0.04

The Good Shroom Co Quarterly Data
Mar20 Mar21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24
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 -0.15 0.07 0.04 0.02 -0.10

The Good Shroom Co 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 Jul. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.04 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.


The Good Shroom Co  (OTCPK:TGSHF) Operating Income Explanation

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

The Good Shroom Co's annualized ROC % for the quarter that ended in Jul. 2024 is calculated as:

ROC % (Q: Jul. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Apr. 2024 ) + Invested Capital (Q: Jul. 2024 ))/ count )
=-0.38 * ( 1 - 0% )/( (0.345 + 0.291)/ 2 )
=-0.38/0.318
=-119.50 %

where

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

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

The Good Shroom Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jul. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Jul. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Apr. 2024  Q: Jul. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-0.384/( ( (0.031 + max(0.314, 0)) + (0.027 + max(0.264, 0)) )/ 2 )
=-0.384/( ( 0.345 + 0.291 )/ 2 )
=-0.384/0.318
=-120.75 %

where Working Capital is:

Working Capital(Q: Apr. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.707 + 0.369 + 0.026) - (0.788 + 0 + 0)
=0.314

Working Capital(Q: Jul. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.497 + 0.384 + 0.026) - (0.643 + 0 + 0)
=0.264

When net working capital is negative, 0 is used.

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

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

The Good Shroom Co's Operating Margin % for the quarter that ended in Jul. 2024 is calculated as:

Operating Margin %=Operating Income (Q: Jul. 2024 )/Revenue (Q: Jul. 2024 )
=-0.095/0.486
=-19.55 %

* 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.


The Good Shroom Co Operating Income Related Terms

Thank you for viewing the detailed overview of The Good Shroom Co's Operating Income provided by GuruFocus.com. Please click on the following links to see related term pages.


The Good Shroom Co Business Description

Comparable Companies
Traded in Other Exchanges
Address
324 Marie-Curie, Vaudreuil, QC, CAN, J7V 5V5
The Good Shroom Co Inc operates a portfolio of brands that include traditional cannabis and beverage products. The company exists to promote the use of mushrooms through its brands; The Teo Nan brand is a functional mushroom beverage range serving the American and Canadian wellness market via DTC and retail; The Nordique Royale is a premium quality hash; and The Velada brand is a range of CBD-infused functional mushroom beverages serving the Canadian legal cannabis market. It derives maximum revenue from Canada and also has its presence in USA.

The Good Shroom Co Headlines

No Headlines