LuON (WAR:LUO) Operating Income: zł-0.46 Mil (TTM As of Dec. 2023)

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WAR:LUO LuON SA WAR:LUO
4 GF Score
Price zł1.00
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What is LuON Operating Income?

LuON WAR:LUO 4 Operating Income is zł-0.46 Mil as of Dec. 2023. GuruFocus rates WAR:LUO with a GF Score™ of 4/100.

LuON's Operating Income for the three months ended in Dec. 2023 was zł-0.01 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2023 was zł-0.46 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. LuON's Operating Income for the three months ended in Dec. 2023 was zł-0.01 Mil. LuON's Revenue for the three months ended in Dec. 2023 was zł0.17 Mil. Therefore, LuON's Operating Margin % for the quarter that ended in Dec. 2023 was -7.69%.

LuON'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. LuON's annualized ROC % for the quarter that ended in Dec. 2023 was -0.79%. LuON's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 1,298.70%.

LuON  (WAR:LUO) Operating Income Explanation

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

LuON's annualized ROC % for the quarter that ended in Dec. 2023 is calculated as:

ROC % (Q: Dec. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2023 ) + Invested Capital (Q: Dec. 2023 ))/ count )
=-0.052 * ( 1 - 0% )/( (6.804 + 6.377)/ 2 )
=-0.052/6.5905
=-0.79 %

where

Invested Capital(Q: Sep. 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))
=6.278 - 0 - ( 0.051 - max(0, 0.607 - 0.081+0.051))
=6.804

Invested Capital(Q: Dec. 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))
=7.002 - 0 - ( 0.625 - max(0, 0.272 - 1.197+0.625))
=6.377

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

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

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

ROC (Joel Greenblatt) %(Q: Dec. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2023  Q: Dec. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=2.5/( ( (0.183 + max(-0.577, 0)) + (0.183 + max(0.019, 0)) )/ 2 )
=2.5/( ( 0.183 + 0.202 )/ 2 )
=2.5/0.1925
=1,298.70 %

where Working Capital is:

Working Capital(Q: Sep. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.009 + 0.021 + 1.3877787807814E-17) - (0 + 0 + 0.607)
=-0.577

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.098 + 0.134 + 0.059) - (0 + 0 + 0.272)
=0.019

When net working capital is negative, 0 is used.

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

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

LuON's Operating Margin % for the quarter that ended in Dec. 2023 is calculated as:

Operating Margin %=Operating Income (Q: Dec. 2023 )/Revenue (Q: Dec. 2023 )
=-0.013/0.169
=-7.69 %

* 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.

LuON Operating Income Related Terms

LuON Operating Income Historical Data

* Premium members only.

The historical data trend for LuON'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.

LuON Operating Income Chart

LuON Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Operating Income
Get a 7-Day Free Trial 0.68 0.03 2.60 1.81 -0.35

LuON Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 -7.14 0.06 -0.25 -0.25 -0.01
WAR:LUO
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LuON SA WAR:LUO
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
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LuON 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. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was zł-0.46 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 zł-0.46 Mil mean?
LuON (WAR:LUO) has a Operating Income of zł-0.46 Mil as of Dec. 2023. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on LuON and its competitors.
Is LuON's Operating Income too high?
LuON's current Operating Income is zł-0.46 Mil. Overall, LuON has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does LuON's Operating Income compare to GE and ETN?
LuON's Operating Income of zł-0.46 Mil can be compared against companies in the Furnishings, Fixtures & Appliances 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 Furnishings, Fixtures & Appliances company?
A good Operating Income depends on the Furnishings, Fixtures & Appliances 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 LuON and its competitors. LuON's current Operating Income is zł-0.46 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is LuON stock overvalued right now?
LuON (WAR:LUO) has a current Operating Income of zł-0.46 Mil. The current Operating Income is zł-0.46 Mil. LuON'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 LuON (WAR:LUO), the current Operating Income is zł-0.46 Mil as of Dec. 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.

LuON Business Description

Address al. Jana Pawla II 27, Warszawa, POL, 00-867
LuON SA is a smart home system in which the hub communicates with the app exclusively through Apple HomeKit. Its product include LuBase, LuBulb, LuTouch, LuPresence. LuTouch, etc.
4GF 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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