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Duos Technologies Group (Duos Technologies Group) Operating Income : $-12.06 Mil (TTM As of Mar. 2024)


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What is Duos Technologies Group Operating Income?

Duos Technologies Group's Operating Income for the three months ended in Mar. 2024 was $-2.76 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2024 was $-12.06 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Duos Technologies Group's Operating Income for the three months ended in Mar. 2024 was $-2.76 Mil. Duos Technologies Group's Revenue for the three months ended in Mar. 2024 was $1.07 Mil. Therefore, Duos Technologies Group's Operating Margin % for the quarter that ended in Mar. 2024 was -257.80%.

Warning Sign:

Duos Technologies Group Inc operating margin has been in a 5-year decline. The average rate of decline per year is -54.7%.

Duos Technologies Group's 5-Year average Growth Rate for Operating Margin % was -54.70% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Duos Technologies Group's annualized ROC % for the quarter that ended in Mar. 2024 was -116.35%. Duos Technologies Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -197.17%.


Duos Technologies Group Operating Income Historical Data

The historical data trend for Duos Technologies Group'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.

Duos Technologies Group Operating Income Chart

Duos Technologies Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Operating Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.41 -6.63 -7.46 -6.87 -11.45

Duos Technologies Group Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -2.15 -3.15 -2.97 -3.18 -2.76

Duos Technologies Group 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-12.06 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.


Duos Technologies Group  (NAS:DUOT) Operating Income Explanation

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

Duos Technologies Group's annualized ROC % for the quarter that ended in Mar. 2024 is calculated as:

ROC % (Q: Mar. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2023 ) + Invested Capital (Q: Mar. 2024 ))/ count )
=-11.044 * ( 1 - 0% )/( (9.64 + 9.344)/ 2 )
=-11.044/9.492
=-116.35 %

where

Note: The Operating Income data used here is four times the quarterly (Mar. 2024) data.

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

Duos Technologies Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2023  Q: Mar. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-11.008/( ( (5.1 + max(0.747, 0)) + (4.935 + max(0.384, 0)) )/ 2 )
=-11.008/( ( 5.847 + 5.319 )/ 2 )
=-11.008/5.583
=-197.17 %

where Working Capital is:

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1.462 + 1.526 + 0.185) - (0.76 + 1.666 + 0)
=0.747

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.596 + 1.502 + 0.399) - (0.42 + 1.693 + 0)
=0.384

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2024) EBIT data.

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

Duos Technologies Group's Operating Margin % for the quarter that ended in Mar. 2024 is calculated as:

Operating Margin %=Operating Income (Q: Mar. 2024 )/Revenue (Q: Mar. 2024 )
=-2.761/1.071
=-257.80 %

* 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.


Duos Technologies Group Operating Income Related Terms

Thank you for viewing the detailed overview of Duos Technologies Group's Operating Income provided by GuruFocus.com. Please click on the following links to see related term pages.


Duos Technologies Group (Duos Technologies Group) Business Description

Traded in Other Exchanges
N/A
Address
7660 Centurion Parkway, Suite 100, Jacksonville, FL, USA, 32256
Duos Technologies Group Inc operating under its brand name duostech, designs, develops, deploys and operates intelligent technology solutions supporting rail, logistics and intermodal businesses that streamline operations, improve safety and reduce costs. The company's main offering, the Railcar Inspection Portal (RIP), provides both freight and transit railroad customers and select government agencies the ability to conduct fully automated railcar inspections of trains while they are moving at full speed. It has also developed the Automated Logistics Information System (ALIS) which automates gatehouse operations where transport trucks enter and exit large logistics and intermodal facilities. Its segments are Rail, Commercial, Petrochemical, Governments, Banking, IT Suppliers, and AI.
Executives
Frank A Lonegro director 500 WATER STREET, JACKSONVILLE FL 32202
James Craig Nixon director 7859 SOUTHDOWN ROAD, ALEXANDRIA VA 22308
Kenneth S Ehrman director C/O ID SYSTEMS INC, ONE UNIVERSITY PLAZA, HACKENSACK NJ 07601
Ned Mavrommatis director C/O ID SYSTEMS INC, ONE UNIVERSITY PLAZA, HACKENSACK NJ 07601
Andrew Winslow Murphy officer: CFO C/O DUOS TECHNOLOGIES, 7660 CENTURION PKWY, STE 100, JACKSONVILLE FL 32256
Adrian Graham Goldfarb other: Former CFO 7660 CENTURION PARKWAY, SUITE 100, JACKSONVILLE FL 32256
Norman H Pessin 10 percent owner C/O LEVY, HARKINS & CO., INC., 366 MADISON AVENUE, 14TH FLOOR, NEW YORK NY 10017
Charles Parker Ferry director, officer: Chief Executive Officer 6622 SOUTHPOINT DRIVE SOUTH, SUITE 310, JACKSONVILLE FL 32216
Bleichroeder Lp 10 percent owner 1345 AVENUE OF THE AMERICAS, 47TH FLOOR, NEW YORK NY 10105
Edmond L Harris director 500 WATER STREET, JACKSONVILLE FL 32202
Gianni B Arcaini director, officer: Chairman & CEO 6622 SOUTHPOINT DRIVE SOUTH, SUITE 310, JACKSONVILLE FL 32216
21 April Fund, Ltd. 10 percent owner Citco Fund Services (Cayman Islands) Ltd, Regatta Office Park West Bay Road, GRAND CAYMAN E9 KY1-1205
Brian L. Pessin 10 percent owner 310 EAST 75TH STREET, APT. 2A, NEW YORK NY 10021
Sandra F Pessin 10 percent owner C/O NORMAN PESSIN, 366 MADISON AVENUE, 14TH FLOOR, NEW YORK NY 10017
Weeks Connie L. officer: Chief Accounting Officer 6858 PLUM LAKE LN. E., JACKSONVILLE FL 32222