South Pacific Metals (TSXV:SPMC) Operating Income: C$-2.61 Mil (TTM As of Dec. 2025)

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TSXV:SPMC South Pacific Metals Corp TSXV:SPMC
28 GF Score
Price C$0.83
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What is South Pacific Metals Operating Income?

South Pacific Metals TSXV:SPMC +1.16% 28 Operating Income is C$-2.61 Mil as of Dec. 2025. GuruFocus rates TSXV:SPMC with a GF Score™ of 28/100.

South Pacific Metals's Operating Income for the three months ended in Dec. 2025 was C$-0.96 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2025 was C$-2.61 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. South Pacific Metals's Operating Income for the three months ended in Dec. 2025 was C$-0.96 Mil. South Pacific Metals's Revenue for the three months ended in Dec. 2025 was C$0.00 Mil. Therefore, South Pacific Metals's Operating Margin % for the quarter that ended in Dec. 2025 was %.

South Pacific Metals'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. South Pacific Metals's annualized ROC % for the quarter that ended in Dec. 2025 was -15.31%. South Pacific Metals's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was -15.43%.


South Pacific Metals  (TSXV:SPMC) Operating Income Explanation

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

South Pacific Metals'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 )
=-3.836 * ( 1 - 0% )/( (24.495 + 25.6)/ 2 )
=-3.836/25.0475
=-15.31 %

where

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

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

South Pacific Metals'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 )
=-3.836/( ( (24.309 + max(-1.321, 0)) + (25.415 + max(-1.294, 0)) )/ 2 )
=-3.836/( ( 24.309 + 25.415 )/ 2 )
=-3.836/24.862
=-15.43 %

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 + 0 + 0.15) - (1.471 + 0 + 0)
=-1.321

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.124) - (1.418 + 0 + 0)
=-1.294

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 %:

South Pacific Metals'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 )
=-0.959/0
= %

* 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.


South Pacific Metals Operating Income Related Terms


South Pacific Metals Operating Income Historical Data

* Premium members only.

The historical data trend for South Pacific Metals'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.

South Pacific Metals Operating Income Chart

South Pacific Metals Annual Data
Trend Nov20 Dec22 Dec23
Operating Income
-0.30 -1.89 -1.56

South Pacific Metals Quarterly Data
Feb20 Nov20 Feb21 Jun21 Sep21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 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 Premium Member Only Premium Member Only -0.65 -0.43 -0.55 -1.10 -0.96
TSXV:SPMC
28GF Score
South Pacific Metals Corp TSXV:SPMC
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
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South Pacific Metals 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$-2.61 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$-2.61 Mil mean?
South Pacific Metals (TSXV:SPMC) has a Operating Income of C$-2.61 Mil as of Dec. 2025. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on South Pacific Metals and its competitors.
Is South Pacific Metals' Operating Income too high?
South Pacific Metals' current Operating Income is C$-2.61 Mil. Overall, South Pacific Metals has a GF Score™ of 28/100, reflecting its overall financial health beyond just this single metric.
How does South Pacific Metals' Operating Income compare to NEM and AU?
South Pacific Metals' Operating Income of C$-2.61 Mil can be compared against companies in the Metals & Mining 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 Metals & Mining company?
A good Operating Income depends on the Metals & Mining 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 South Pacific Metals and its competitors. South Pacific Metals's current Operating Income is C$-2.61 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is South Pacific Metals stock overvalued right now?
South Pacific Metals (TSXV:SPMC) has a current Operating Income of C$-2.61 Mil. The current Operating Income is C$-2.61 Mil. South Pacific Metals' overall GF Score™ is 28/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Operating Income calculated?
Operating Income is calculated from a company's financial statements. For South Pacific Metals (TSXV:SPMC), the current Operating Income is C$-2.61 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.

South Pacific Metals Business Description

Other Exchanges SPMEF:USA
Address 1030 West Georgia Street, Suite 710, Vancouver, BC, CAN, V6C 0A3
South Pacific Metals Corp is an emerging gold-copper exploration company operating in the heart of Papua New Guinea's gold and copper production corridors. With an expansive 3,000 sqkm land package and four transformative gold-copper projects contiguous with producers K92 Mining, PanAust and neighbouring Barrick Gold, new leadership and experienced in-country teams are prioritizing thoughtful and rigorous technical programs focused on boots-on-the-ground exploration to prioritize discovery across its portfolio projects: Anga, Osena, Kili Teke and May River.
28GF 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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