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Fidelity Minerals (TSXV:FMN) Operating Income : C$-0.67 Mil (TTM As of Jan. 2025)


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What is Fidelity Minerals Operating Income?

Fidelity Minerals's Operating Income for the three months ended in Jan. 2025 was C$-0.13 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Jan. 2025 was C$-0.67 Mil.

Warning Sign:

Fidelity Minerals Corp has never been profitable in the past 3 years. It lost money every year.

Operating Margin % is calculated as Operating Income divided by its Revenue. Fidelity Minerals's Operating Income for the three months ended in Jan. 2025 was C$-0.13 Mil. Fidelity Minerals's Revenue for the three months ended in Jan. 2025 was C$0.00 Mil. Therefore, Fidelity Minerals's Operating Margin % for the quarter that ended in Jan. 2025 was %.

Fidelity Minerals'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. Fidelity Minerals's annualized ROC % for the quarter that ended in Jan. 2025 was -7.22%. Fidelity Minerals's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jan. 2025 was -7.77%.


Fidelity Minerals Operating Income Historical Data

The historical data trend for Fidelity Minerals'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.

Fidelity Minerals Operating Income Chart

Fidelity Minerals Annual Data
Trend Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24
Operating Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.97 -0.83 -1.36 -1.05 -0.61

Fidelity Minerals Quarterly Data
Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25
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 -0.08 -0.08 -0.33 -0.13 -0.13

Fidelity Minerals 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 Jan. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-0.67 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.


Fidelity Minerals  (TSXV:FMN) Operating Income Explanation

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

Fidelity Minerals's annualized ROC % for the quarter that ended in Jan. 2025 is calculated as:

ROC % (Q: Jan. 2025 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Oct. 2024 ) + Invested Capital (Q: Jan. 2025 ))/ count )
=-0.524 * ( 1 - 0% )/( (7.089 + 7.425)/ 2 )
=-0.524/7.257
=-7.22 %

where

Note: The Operating Income data used here is four times the quarterly (Jan. 2025) data.

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

Fidelity Minerals's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jan. 2025 is calculated as:

ROC (Joel Greenblatt) %(Q: Jan. 2025 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Oct. 2024  Q: Jan. 2025
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-0.524/( ( (6.668 + max(-0.743, 0)) + (6.82 + max(-0.719, 0)) )/ 2 )
=-0.524/( ( 6.668 + 6.82 )/ 2 )
=-0.524/6.744
=-7.77 %

where Working Capital is:

Working Capital(Q: Oct. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.01) - (0.753 + 0 + 0)
=-0.743

Working Capital(Q: Jan. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.007) - (0.726 + 0 + 0)
=-0.719

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Jan. 2025) EBIT data.

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

Fidelity Minerals's Operating Margin % for the quarter that ended in Jan. 2025 is calculated as:

Operating Margin %=Operating Income (Q: Jan. 2025 )/Revenue (Q: Jan. 2025 )
=-0.131/0
= %

* 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.


Fidelity Minerals Operating Income Related Terms

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Fidelity Minerals Business Description

Traded in Other Exchanges
Address
1166 Alberni Street, Suite 1201, Vancouver, BC, CAN, V6E 3Z3
Fidelity Minerals Corp is a mineral exploration company focused on mining assets in Peru. The projects of the company include Las Huaquillas, Porphyritic Copper Project, Cerro El Bronce, and Greensands Project (Australia). The other projects of the company include Las Brujas and some projects in the pipeline. The Company operates in one operating segment that is exploration and evaluation of mineral reserves in three countries, corporate in Canada and exploration in Peru and Australia. Maximum of revenue is gained from Peru, and Las Huaquillas Project.
Executives
Lions Bay Capital Inc. 10% Security Holder
Ian Graham Director, Senior Officer
John Joseph Byrne Director, Senior Officer
Bahay Ozcakmak Director
Anthony Bob Balic Director, Senior Officer