Adventure SpA (MIL:ADV) Operating Margin %: -2.07% (As of Dec. 2025)

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MIL:ADV Adventure SpA MIL:ADV
16 GF Score
Price €12.00
! 6 Warning Signs
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What is Adventure SpA Operating Margin %?

Adventure SpA MIL:ADV 16 Operating Margin % is -2.07% as of Dec. 2025. GuruFocus rates MIL:ADV with a GF Score™ of 16/100. The stock has 6 warning signs investors should review. Among 2,820 Software companies, Adventure SpA ranks worse than 56.35% on this metric.

Operating Margin % is calculated as Operating Income divided by its Revenue. Adventure SpA's Operating Income for the six months ended in Dec. 2025 was €-0.18 Mil. Adventure SpA's Revenue for the six months ended in Dec. 2025 was €8.52 Mil. Therefore, Adventure SpA's Operating Margin % for the quarter that ended in Dec. 2025 was -2.07%.

The historical rank and industry rank for Adventure SpA's Operating Margin % or its related term are showing as below:

MIL:ADV' s Operating Margin % Range Over the Past 10 Years
Min: 1.99   Med: 9.45   Max: 15.57
Current: 1.99


MIL:ADV's Operating Margin % is ranked worse than
56.35% of 2820 companies
in the Software industry
Industry Median: 3.895 vs MIL:ADV: 1.99

Adventure SpA's 5-Year Average Operating Margin % Growth Rate was 0.00% per year.

Adventure SpA's Operating Income for the six months ended in Dec. 2025 was €-0.18 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2025 was €0.33 Mil.


Adventure SpA  (MIL:ADV) Operating Margin % Explanation

Just like Gross Margin %, it is important to see a company maintains its operating margin over time. Among the same industry, a company with higher operating margin is more efficient in its operation. It is also more stable during industry slowdown or recessions. Peter Lynch prefers those with higher margins than those with lower margins.


Be Aware

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 (Diluted) 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.


Adventure SpA Operating Margin % Related Terms


Adventure SpA Operating Margin % Historical Data

* Premium members only.

The historical data trend for Adventure SpA's Operating Margin % 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.

Adventure SpA Operating Margin % Chart

Adventure SpA Annual Data
Trend Dec22 Dec23 Dec24 Dec25
Operating Margin %
11.99 15.57 6.90 1.99

Adventure SpA Semi-Annual Data
Dec22 Dec23 Jun24 Dec24 Jun25 Dec25
Operating Margin % Get a 7-Day Free Trial 0.00 13.22 0.49 6.22 -2.07

MIL:ADV vs UBER, SHOP, CRM: Operating Margin % Comparison

For the Software - Application subindustry, Adventure SpA's Operating Margin %, along with its competitors' market caps and Operating Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Adventure SpA Operating Margin % vs Software Industry

For the Software industry and Technology sector, Adventure SpA's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Adventure SpA's Operating Margin % falls into.


MIL:ADV
16GF Score
Adventure SpA MIL:ADV
Operating Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Adventure SpA Operating Margin % Calculation

Operating Margin % - also known as operating income margin, operating profit margin and return on sales (ROS) - is the ratio of Operating Income divided by net sales or Revenue, usually presented in percent.

Adventure SpA's Operating Margin % for the fiscal year that ended in Dec. 2025 is calculated as

Operating Margin %=Operating Income (A: Dec. 2025 ) / Revenue (A: Dec. 2025 )
=0.333 / 16.706
=1.99 %

Adventure SpA'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 )
=-0.176 / 8.519
=-2.07 %

* 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 Margin % →
What does a Operating Margin % of -2.07% mean?
Adventure SpA (MIL:ADV) has a Operating Margin % of -2.07% as of Dec. 2025. Operating margin is the ratio of total operating income to net sales. View historical data on Adventure SpA and its competitors. Over the past decade, Adventure SpA's Operating Margin % has ranged from 1.99 to 15.57. According to the industry distribution chart, Adventure SpA ranks #1589 out of 2820 companies in the Software industry, placing it in the top 56.3%.
Is Adventure SpA's Operating Margin % too high?
Adventure SpA's current Operating Margin % is -2.07%. Over the past 10 years, this metric has ranged from a low of 1.99 to a high of 15.57. Based on the distribution chart, Adventure SpA ranks #1589 out of 2820 companies in the Software industry, which is below the industry midpoint. Overall, Adventure SpA has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Adventure SpA's Operating Margin % compare to UBER and SHOP?
According to the Software industry distribution chart, Adventure SpA ranks #1589 out of 2820 companies for Operating Margin %. This places Adventure SpA in the lower half of its industry. The industry median Operating Margin % is 3.90. Historically, Adventure SpA's own Operating Margin % has ranged from 1.99 to 15.57 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Operating Margin % for a Software company?
The median Operating Margin % among Software companies is 3.90, based on 2,820 companies in the industry. Companies in the top quartile (top 25%) have a Operating Margin % significantly above this median, while those in the bottom quartile fall well below. However, Operating Margin % 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 Margin % mean?
A high Operating Margin % can signal that a stock is expensive relative to its fundamentals. Operating margin is the ratio of total operating income to net sales. View historical data on Adventure SpA and its competitors. For the Software industry, the median Operating Margin % is 3.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Adventure SpA's current Operating Margin % is -2.07%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Adventure SpA stock overvalued right now?
Adventure SpA (MIL:ADV) has a current Operating Margin % of -2.07%. The current Operating Margin % is -2.07%. Adventure SpA's overall GF Score™ is 16/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Operating Margin % calculated?
Operating Margin % is calculated from a company's financial statements. For Adventure SpA (MIL:ADV), the current Operating Margin % is -2.07% 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.

Adventure SpA Business Description

Address Via Bertola 2, Torino, ITA, IT-10121
Adventure SpA operates as an online rate comparison platform. The company is engaged in providing carious services that includes lead generation solutions, Advertising solutions, Web development solutions, operational efficiency improvement, and others. The core business of the company is through the portal ameconviene.it a website dedicated to providing consumers with in-depth and up-to-date services and information on tracking the value for its finances, with a focus on home savings, investments, and smart financial choices.
16GF Score

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Operating Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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