Impact Development Group (TSXV:IMPT) Operating Income: C$-4.05 Mil (TTM As of Dec. 2025)

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What is Impact Development Group Operating Income?

Impact Development Group TSXV:IMPT Operating Income is C$-4.05 Mil as of Dec. 2025. The stock has 7 warning signs investors should review.

Impact Development Group's Operating Income for the three months ended in Dec. 2025 was C$-1.20 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2025 was C$-4.05 Mil.

Warning Sign:

Impact Development Group Inc 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. Impact Development Group's Operating Income for the three months ended in Dec. 2025 was C$-1.20 Mil. Impact Development Group's Revenue for the three months ended in Dec. 2025 was C$2.51 Mil. Therefore, Impact Development Group's Operating Margin % for the quarter that ended in Dec. 2025 was -47.71%.

Warning Sign:

Impact Development Group Inc operating margin has been in a 5-year decline. The average rate of decline per year is -29.9%.

Impact Development Group's 5-Year average Growth Rate for Operating Margin % was -29.90% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Impact Development Group's annualized ROC % for the quarter that ended in Dec. 2025 was -28.12%. Impact Development Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was -105.22%.

Impact Development Group  (TSXV:IMPT) Operating Income Explanation

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

Impact Development Group's annualized ROC % for the quarter that ended in Dec. 2025 is calculated as:

ROC % (Q: Dec. 2025 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2025 ) + Invested Capital (Q: Dec. 2025 ))/ count )
=-4.796 * ( 1 - 0% )/( (14.73 + 19.381)/ 2 )
=-4.796/17.0555
=-28.12 %

where

Invested Capital(Q: Sep. 2025 )
=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))
=15.179 - 2.753 - ( 0.921 - max(0, 17.043 - 14.739+0.921))
=14.73

Invested Capital(Q: Dec. 2025 )
=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))
=13.08 - 2.642 - ( 1.149 - max(0, 22.011 - 13.068+1.149))
=19.381

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

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

Impact Development Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2025 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2025  Q: Dec. 2025
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-10.312/( ( (0.025 + max(10.744, 0)) + (0.012 + max(8.82, 0)) )/ 2 )
=-10.312/( ( 10.769 + 8.832 )/ 2 )
=-10.312/9.8005
=-105.22 %

where Working Capital is:

Working Capital(Q: Sep. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.156 + 13.416 + 0.078000000000001) - (2.753 + 0.154 + -0.0010000000000012)
=10.744

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.05 + 11.523 + 0.055000000000001) - (2.642 + 0.167 + -0.0010000000000012)
=8.82

When net working capital is negative, 0 is used.

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

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

Impact Development Group's Operating Margin % for the quarter that ended in Dec. 2025 is calculated as:

Operating Margin %=Operating Income (Q: Dec. 2025 )/Revenue (Q: Dec. 2025 )
=-1.199/2.513
=-47.71 %

* 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.

Impact Development Group Operating Income Related Terms

Impact Development Group Operating Income Historical Data

* Premium members only.

The historical data trend for Impact Development Group'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.

Impact Development Group Operating Income Chart

Impact Development Group Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Operating Income
Get a 7-Day Free Trial -6.60 -11.13 -10.38 -12.86 -4.03

Impact Development Group Quarterly Data
Dec19 Dec20 Dec21 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 -4.70 -0.56 -0.78 -1.52 -1.20

Impact Development Group 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. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-4.05 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 C$-4.05 Mil mean?
Impact Development Group (TSXV:IMPT) has a Operating Income of C$-4.05 Mil as of Dec. 2025. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Impact Development Group and its competitors.
Is Impact Development Group's Operating Income too high?
Impact Development Group's current Operating Income is C$-4.05 Mil.
How does Impact Development Group's Operating Income compare to competitors?
Impact Development Group's Operating Income of C$-4.05 Mil can be compared against companies in the Real Estate 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 Real Estate company?
A good Operating Income depends on the Real Estate 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 Impact Development Group and its competitors. Impact Development Group's current Operating Income is C$-4.05 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Impact Development Group stock overvalued right now?
Impact Development Group (TSXV:IMPT) has a current Operating Income of C$-4.05 Mil. The current Operating Income is C$-4.05 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Operating Income calculated?
Operating Income is calculated from a company's financial statements. For Impact Development Group (TSXV:IMPT), the current Operating Income is C$-4.05 Mil as of Dec. 2025. 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.

Impact Development Group Business Description

Address 40 Temperance Street, Suite 2700, Toronto, ON, CAN, M5C 2V9
Impact Development Group Inc is a Panamanian-based real estate developer that provides affordable housing solutions to Panama's growing middle class, supported by a longstanding subsidized government program. The Company acquires land and develops high-quality residential and commercial buildings. IHC also provides services including financing, architectural, engineering, off-site manufacturing, general contracting, property management, and administration.