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IDW Media Holdings (IDW Media Holdings) Operating Income : $-4.66 Mil (TTM As of Jan. 2023)


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What is IDW Media Holdings Operating Income?

IDW Media Holdings's Operating Income for the three months ended in Jan. 2023 was $-1.99 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Jan. 2023 was $-4.66 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. IDW Media Holdings's Operating Income for the three months ended in Jan. 2023 was $-1.99 Mil. IDW Media Holdings's Revenue for the three months ended in Jan. 2023 was $6.59 Mil. Therefore, IDW Media Holdings's Operating Margin % for the quarter that ended in Jan. 2023 was -30.18%.

IDW Media Holdings'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. IDW Media Holdings's annualized ROC % for the quarter that ended in Jan. 2023 was -62.80%. IDW Media Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jan. 2023 was -80.59%.


IDW Media Holdings Operating Income Historical Data

The historical data trend for IDW Media Holdings'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.

IDW Media Holdings Operating Income Chart

IDW Media Holdings Annual Data
Trend Oct12 Oct13 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22
Operating Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only -25.56 -25.02 -9.32 -8.69 -0.69

IDW Media Holdings Quarterly Data
Apr17 Jul17 Oct17 Jan18 Apr18 Jul18 Oct18 Oct19 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23
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 1.98 -2.24 -0.77 0.34 -1.99

IDW Media Holdings 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 Jan. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-4.66 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.


IDW Media Holdings  (OTCPK:IDWM) Operating Income Explanation

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

IDW Media Holdings's annualized ROC % for the quarter that ended in Jan. 2023 is calculated as:

ROC % (Q: Jan. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Oct. 2022 ) + Invested Capital (Q: Jan. 2023 ))/ count )
=-7.96 * ( 1 - 0% )/( (13.22 + 12.13)/ 2 )
=-7.96/12.675
=-62.80 %

where

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

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

IDW Media Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jan. 2023 is calculated as:

ROC (Joel Greenblatt) %(Q: Jan. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Oct. 2022  Q: Jan. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-7.96/( ( (1.882 + max(8.304, 0)) + (1.775 + max(7.793, 0)) )/ 2 )
=-7.96/( ( 10.186 + 9.568 )/ 2 )
=-7.96/9.877
=-80.59 %

where Working Capital is:

Working Capital(Q: Oct. 2022 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(6.448 + 4.285 + 2.278) - (4.707 + 0 + 8.8817841970013E-16)
=8.304

Working Capital(Q: Jan. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(5.661 + 4.218 + 2.395) - (4.439 + 0.042 + 0)
=7.793

When net working capital is negative, 0 is used.

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

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

IDW Media Holdings's Operating Margin % for the quarter that ended in Jan. 2023 is calculated as:

Operating Margin %=Operating Income (Q: Jan. 2023 )/Revenue (Q: Jan. 2023 )
=-1.99/6.593
=-30.18 %

* 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.


IDW Media Holdings Operating Income Related Terms

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IDW Media Holdings (IDW Media Holdings) Business Description

Traded in Other Exchanges
N/A
Address
520 Broad Street, Newark, NJ, USA, 07102
IDW Media Holdings Inc is a diversified media company with operations in publishing, television entertainment, and media distribution. Its segments include IDW Publishing, which creates comic books, graphic novels, digital content, and games; and IDW Entertainment, which operates as a production company & studio that develops and produces content and formats for global platforms and services.
Executives
Amber Huerta officer: Chief Operating Officer C/O IDW MEDIA HOLDINGS, INC., 520 BROAD STREET, NEWARK NJ 07102
James R Woody director C/O IDW MEDIA HOLDINGS, INC., 520 BROAD STREET, NEWARK NJ 07102
David L Breau director C/O STRAIGHT PATH COMMUNICATIONS INC., 5300 HICKORY PARK DRIVE, SUITE 218, GLEN ALLEN VA 23059
Davidi Jonas director, officer: Executive Chairman C/O STRAIGHT PATH COMMUNICATIONS INC., 5300 HICKORY PARK DRIVE, SUITE 218, GLEN ALLEN VA 23059
Jonathan Rand director C/O STRAIGHT PATH COMMUNICATIONS INC., 5300 HICKORY PARK DRIVE, SUITE 218, GLEN ALLEN VA 23059
Allan Grafman director 160 RARITAN CENTER PARKWAY, EDISON NJ 08837
Sanford R Climan director, officer: VICE CHAIRMAN C/O EQUITY MARKETING INC, 6330 SAN VIENTE BLVD, LOS ANGELES CA 90048
Amy J Jonas director C/O IDW MEDIA HOLDINGS, INC., 520 BROAD STREET, NEWARK NJ 07102
Ezra Rosensaft officer: Chief Executive Officer C/O IDW MEDIA HOLDINGS, INC., 520 BROAD STREET, NEWARK NJ 07102
Karina M Fedasz officer: CFO, Treasurer & Corporate Sec C/O IDW MEDIA HOLDINGS, INC., 520 BROAD STREET, NEWARK NJ 07102
Howard S Jonas director, officer: Chairman of the Board
Christopher J Mcgurk director C/O METRO-GOLDWYN-MAYER INC., 10250 CONSTELLATION BLVD., LOS ANGELES CA 90067
Brooke Feinstein officer: Chief Accounting Officer C/O IDW MEDIA HOLDINGS, INC., 520 BROAD STREET, NEWARK NJ 07102
Raging Capital Fund (qp), Lp other: See explanation of responses TEN PRINCETON AVENUE, PO BOX 228, ROCKY HILL NJ 08853
Raging Capital Management, Llc 10 percent owner TEN PRINCETON AVENUE, PO BOX 228, ROCKY HILL NJ 08553-0228