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Martello Technologies Group (TSXV:MTLO) Operating Income : C$-3.96 Mil (TTM As of Sep. 2024)


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What is Martello Technologies Group Operating Income?

Martello Technologies Group's Operating Income for the three months ended in Sep. 2024 was C$-1.07 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Sep. 2024 was C$-3.96 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Martello Technologies Group's Operating Income for the three months ended in Sep. 2024 was C$-1.07 Mil. Martello Technologies Group's Revenue for the three months ended in Sep. 2024 was C$3.64 Mil. Therefore, Martello Technologies Group's Operating Margin % for the quarter that ended in Sep. 2024 was -29.31%.

Good Sign:

Martello Technologies Group Inc operating margin is expanding. Margin expansion is usually a good sign.

Martello Technologies Group's 5-Year average Growth Rate for Operating Margin % was 0.70% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Martello Technologies Group's annualized ROC % for the quarter that ended in Sep. 2024 was -33.45%. Martello Technologies Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was -686.81%.


Martello Technologies Group Operating Income Historical Data

The historical data trend for Martello Technologies 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.

* Premium members only.

Martello Technologies Group Operating Income Chart

Martello Technologies Group Annual Data
Trend Apr15 Apr16 Apr17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Operating Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.39 -3.65 -5.76 -4.35 -3.60

Martello Technologies Group Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 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 -0.68 -0.91 -1.24 -0.75 -1.07

Martello Technologies 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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-3.96 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.


Martello Technologies Group  (TSXV:MTLO) Operating Income Explanation

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

Martello Technologies Group'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 )
=-4.268 * ( 1 - 1.03% )/( (13.062 + 12.191)/ 2 )
=-4.2240396/12.6265
=-33.45 %

where

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

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

Martello Technologies Group'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 )
=-3.228/( ( (0.586 + max(-2.58, 0)) + (0.354 + max(-1.495, 0)) )/ 2 )
=-3.228/( ( 0.586 + 0.354 )/ 2 )
=-3.228/0.47
=-686.81 %

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)
=(4.265 + 0.039 + 0.695) - (2.744 + 4.826 + 0.0090000000000003)
=-2.58

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(4.09 + 0.038 + 0.72) - (1.922 + 4.421 + 0)
=-1.495

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 %:

Martello Technologies Group'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 )
=-1.067/3.64
=-29.31 %

* 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.


Martello Technologies Group Operating Income Related Terms

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Martello Technologies Group Business Description

Traded in Other Exchanges
Address
390 March Road, Suite 110, Ottawa, ON, CAN, K2K 0G7
Martello Technologies Group Inc is a technology company that provides digital experience monitoring (DEM) solutions. The company's products provide monitoring and analytics on the performance and user experience of critical cloud business applications while giving IT teams and service providers control and visibility of their entire IT infrastructure. Martello's software products include unified communications performance analytics, Microsoft 365 end-user experience monitoring and IT service monitoring and analytics. It has offices in Amsterdam, Geneva, Nice, Paris, Dallas and New York.
Executives
Colley Clarke Director
Bruce Linton Director, Senior Officer
Antoine Rene Frederic Leboyer Director
Terence Hedley Matthews 10% Security Holder, Director, Senior Officer
Michael Patrick Galvin Director
Michael Paul Michalyshyn Director
Douglas James Bellinger Senior Officer
Niall Patrick Gallagher Director, Senior Officer

Martello Technologies Group Headlines

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