Fast Finance (WAR:FFI) Operating Income: zł7.09 Mil (TTM As of Jun. 2023)

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WAR:FFI Fast Finance SA WAR:FFI
4 GF Score
Price zł1.01
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What is Fast Finance Operating Income?

Fast Finance WAR:FFI 4 Operating Income is zł7.09 Mil as of Jun. 2023. GuruFocus rates WAR:FFI with a GF Score™ of 4/100.

Fast Finance's Operating Income for the three months ended in Jun. 2023 was zł-0.20 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Jun. 2023 was zł7.09 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Fast Finance's Operating Income for the three months ended in Jun. 2023 was zł-0.20 Mil. Fast Finance's Revenue for the three months ended in Jun. 2023 was zł0.46 Mil. Therefore, Fast Finance's Operating Margin % for the quarter that ended in Jun. 2023 was -43.26%.

Fast Finance'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. Fast Finance's annualized ROC % for the quarter that ended in Jun. 2023 was -17.48%. Fast Finance's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2023 was %.

Fast Finance  (WAR:FFI) Operating Income Explanation

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

Fast Finance's annualized ROC % for the quarter that ended in Jun. 2023 is calculated as:

ROC % (Q: Jun. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Mar. 2023 ) + Invested Capital (Q: Jun. 2023 ))/ count )
=-0.796 * ( 1 - 0% )/( (4.57 + 4.535)/ 2 )
=-0.796/4.5525
=-17.48 %

where

Invested Capital(Q: Mar. 2023 )
=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))
=2.819 - 13.815 - ( 1.37 - max(0, 18.385 - 2.819+1.37))
=4.57

Invested Capital(Q: Jun. 2023 )
=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))
=1.746 - 12.9 - ( 1.422 - max(0, 17.435 - 1.746+1.422))
=4.535

Note: The Operating Income data used here is four times the quarterly (Jun. 2023) data.

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

Fast Finance's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2023 is calculated as:

ROC (Joel Greenblatt) %(Q: Jun. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2023  Q: Jun. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-0.796/( ( (0 + max(-13.088, 0)) + (0 + max(-13.263, 0)) )/ 2 )
=-0.796/( ( 0 + 0 )/ 2 )
=-0.796/0
= %

where Working Capital is:

Working Capital(Q: Mar. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1.449 + 0 + 0) - (13.815 + 0 + 0.722)
=-13.088

Working Capital(Q: Jun. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.323 + 0 + 0.0010000000000001) - (12.9 + 0 + 0.687)
=-13.263

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Jun. 2023) EBIT data.

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

Fast Finance's Operating Margin % for the quarter that ended in Jun. 2023 is calculated as:

Operating Margin %=Operating Income (Q: Jun. 2023 )/Revenue (Q: Jun. 2023 )
=-0.199/0.46
=-43.26 %

* 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.

Fast Finance Operating Income Related Terms

Fast Finance Operating Income Historical Data

* Premium members only.

The historical data trend for Fast Finance'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.

Fast Finance Operating Income Chart

Fast Finance Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Operating Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.82 -16.51 0.80 -0.66 26.28

Fast Finance Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
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 18.70 -0.34 7.94 -0.32 -0.20
WAR:FFI
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Fast Finance SA WAR:FFI
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Fast Finance 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 Jun. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was zł7.09 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 zł7.09 Mil mean?
Fast Finance (WAR:FFI) has a Operating Income of zł7.09 Mil as of Jun. 2023. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Fast Finance and its competitors.
Is Fast Finance's Operating Income too high?
Fast Finance's current Operating Income is zł7.09 Mil. Overall, Fast Finance has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does Fast Finance's Operating Income compare to V and MA?
Fast Finance's Operating Income of zł7.09 Mil can be compared against companies in the Credit Services 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 Credit Services company?
A good Operating Income depends on the Credit Services 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 Fast Finance and its competitors. Fast Finance's current Operating Income is zł7.09 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fast Finance stock overvalued right now?
Fast Finance (WAR:FFI) has a current Operating Income of zł7.09 Mil. The current Operating Income is zł7.09 Mil. Fast Finance's overall GF Score™ is 4/100. 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 Fast Finance (WAR:FFI), the current Operating Income is zł7.09 Mil as of Jun. 2023. 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.

Fast Finance Business Description

Address ul. Borowska 283B, Wroclaw, POL, 50-556
Fast Finance SA is a debt collection company. The company is engaged in the recovery of debt portfolios of natural persons, purchased from business entities operating on a regulated market, mainly banks and telecommunications companies. It is also an issuer of corporate bonds listed on the Catalyst market.
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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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