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Disruptive Acquisition I (Disruptive Acquisition I) Operating Income : $-1.60 Mil (TTM As of Sep. 2023)


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What is Disruptive Acquisition I Operating Income?

Disruptive Acquisition I's Operating Income for the three months ended in Sep. 2023 was $-0.23 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Sep. 2023 was $-1.60 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Disruptive Acquisition I's Operating Income for the three months ended in Sep. 2023 was $-0.23 Mil. Disruptive Acquisition I's Revenue for the three months ended in Sep. 2023 was $0.00 Mil. Therefore, Disruptive Acquisition I's Operating Margin % for the quarter that ended in Sep. 2023 was %.

Disruptive Acquisition I'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. Disruptive Acquisition I's annualized ROC % for the quarter that ended in Sep. 2023 was -4.78%. Disruptive Acquisition I's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was %.


Disruptive Acquisition I Operating Income Historical Data

The historical data trend for Disruptive Acquisition I'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.

Disruptive Acquisition I Operating Income Chart

Disruptive Acquisition I Annual Data
Trend Dec20 Dec21 Dec22
Operating Income
- -2.01 -1.56

Disruptive Acquisition I Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Operating Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.25 -0.50 -0.94 0.07 -0.23

Disruptive Acquisition I 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. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-1.60 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.


Disruptive Acquisition I  (NAS:DISAU) Operating Income Explanation

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

Disruptive Acquisition I's annualized ROC % for the quarter that ended in Sep. 2023 is calculated as:

ROC % (Q: Sep. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2023 ) + Invested Capital (Q: Sep. 2023 ))/ count )
=-0.936 * ( 1 - 0% )/( (19.46 + 19.73)/ 2 )
=-0.936/19.595
=-4.78 %

where

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

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

Disruptive Acquisition I's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2023 is calculated as:

ROC (Joel Greenblatt) %(Q: Sep. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2023  Q: Sep. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-0.936/( ( (0 + max(-1.54, 0)) + (0 + max(-1.736, 0)) )/ 2 )
=-0.936/( ( 0 + 0 )/ 2 )
=-0.936/0
= %

where Working Capital is:

Working Capital(Q: Jun. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.21) - (1.75 + 0 + 0)
=-1.54

Working Capital(Q: Sep. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.023) - (1.759 + 0 + 0)
=-1.736

When net working capital is negative, 0 is used.

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

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

Disruptive Acquisition I's Operating Margin % for the quarter that ended in Sep. 2023 is calculated as:

Operating Margin %=Operating Income (Q: Sep. 2023 )/Revenue (Q: Sep. 2023 )
=-0.234/0
= %

* 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.


Disruptive Acquisition I Operating Income Related Terms

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Disruptive Acquisition I (Disruptive Acquisition I) Business Description

Traded in Other Exchanges
Address
11501 Rock Rose Avenue, Suite 200, Austin, TX, USA, 78758
Disruptive Acquisition Corp I is a blank check company. It is formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses.
Executives
Sculptor Capital Holding Ii Llc 10 percent owner 9 WEST 57TH STREET, 39TH FLOOR, NEW YORK NY 10019
Toms Capital Investment Management Lp 10 percent owner 450 WEST 14TH STREET, 13TH FLOOR, NEW YORK NY 10014
Oz Credit Opportunities Master Fund, Ltd. 10 percent owner 9 WEST 57TH STREET, 39 FL., NEW YORK NY 10019
Ozsc Ii, L.p. 10 percent owner 9 WEST 57TH STREET, 39 FL., NEW YORK NY 10019
Sculptor Capital Ii Lp 10 percent owner 9 WEST 57TH STREET, 39TH FLOOR, NEW YORK NY 10019
Sculptor Capital Management, Inc. 10 percent owner 9 WEST 57TH STREET FL 39, NEW YORK NY 10019
Sculptor Capital Lp 10 percent owner 9 WEST 57TH STREET, 39TH FLOOR, NEW YORK NY 10019
Sculptor Special Funding, Lp 10 percent owner 9 WEST 57TH STREET, 39TH FLOOR, NEW YORK NY 10019
Sculptor Capital Holding Corp 10 percent owner 9 WEST 57TH STREET, 39TH FLOOR, NEW YORK NY 10019
Karen Finerman director C/O GRAFTECH INTERNATIONAL, 12900 SNOW ROAD, PARMA OH 441430
James R. Blake director C/O DISRUPTIVE ACQUISITION CORPORATION I, 925 CENTURY PARK EAST SUITE 1700, LOS ANGELES CA 90067
Disruptive Acquisition Sponsor I, Llc 10 percent owner 1626 MONTANA AVENUE #649, SANTA MONICA CA 90403
Phillip C. Caputo officer: CFO 1626 MONTANA AVENUE #649, SANTA MONICA CA 90403
David M. Tarnowski director, officer: COO and Director 1626 MONTANA AVENUE #649, SANTA MONICA CA 90403
Mardy S. Fish officer: VP, Business Development 1626 MONTANA AVENUE #649, SANTA MONICA CA 90403

Disruptive Acquisition I (Disruptive Acquisition I) Headlines