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Intapp (Intapp) Operating Income : $-44.9 Mil (TTM As of Mar. 2024)


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What is Intapp Operating Income?

Intapp's Operating Income for the three months ended in Mar. 2024 was $-7.4 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2024 was $-44.9 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Intapp's Operating Income for the three months ended in Mar. 2024 was $-7.4 Mil. Intapp's Revenue for the three months ended in Mar. 2024 was $110.6 Mil. Therefore, Intapp's Operating Margin % for the quarter that ended in Mar. 2024 was -6.73%.

Intapp'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. Intapp's annualized ROC % for the quarter that ended in Mar. 2024 was -5.01%. Intapp's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -81.40%.


Intapp Operating Income Historical Data

The historical data trend for Intapp'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.

Intapp Operating Income Chart

Intapp Annual Data
Trend Jun19 Jun20 Jun21 Jun22 Jun23
Operating Income
-4.10 -13.92 -22.96 -99.46 -67.66

Intapp Quarterly Data
Jun19 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 -18.25 -12.44 -13.97 -11.08 -7.45

Intapp 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 $-44.9 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.


Intapp  (NAS:INTA) Operating Income Explanation

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

Intapp'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 )
=-29.784 * ( 1 - -3.02% )/( (605.468 + 620.413)/ 2 )
=-30.6834768/612.9405
=-5.01 %

where

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))
=653.528 - 23.105 - ( 166.357 - max(0, 259.143 - 284.098+166.357))
=605.468

Invested Capital(Q: Mar. 2024 )
=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))
=684.202 - 26.782 - ( 187.426 - max(0, 271.134 - 308.141+187.426))
=620.413

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

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

Intapp'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 )
=-29.784/( ( (32.689 + max(-159.361, 0)) + (40.493 + max(-169.02, 0)) )/ 2 )
=-29.784/( ( 32.689 + 40.493 )/ 2 )
=-29.784/36.591
=-81.40 %

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)
=(78.969 + 0 + 20.813) - (23.105 + 195.513 + 40.525)
=-159.361

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(80.42 + 0 + 21.694) - (26.782 + 195.502 + 48.85)
=-169.02

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 %:

Intapp'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 )
=-7.446/110.639
=-6.73 %

* 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.


Intapp Operating Income Related Terms

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


Intapp (Intapp) Business Description

Traded in Other Exchanges
N/A
Address
3101 Park Boulevard, Palo Alto, CA, USA, 94306
Intapp Inc is a provider of industry-specific, cloud-based software solutions for the professional and financial services industry. It empowers private capital, investment banking, legal, accounting, and consulting firms with the technology they need to meet rapidly changing client, investor, and regulatory requirements. Geographically, it derives a majority of its revenue from the United States and also has a presence in United Kingdom and the Rest of the world.
Executives
Donald F. Coleman officer: Chief Operating Officer C/O INTAPP, INC., 3101 PARK BLVD, PALO ALTO CA 94306
Thad Jampol officer: Chief Product Officer INTAPP, INC., 3101 PARK BLVD, PALO ALTO CA 94306
Scott Fitzgerald officer: Chief Marketing Officer C/O DUCK CREEK TECHNOLOGIES, INC., 22 BOSTON WHARF ROAD, FLOOR 10, BOSTON MA 02210
John T Hall director, 10 percent owner, officer: Chief Executive Officer 1380 BORDEAUX DRIVE, SUNNYVALE CA 94089
Kalyani Tandon officer: Chief Accounting Officer C/O INTAPP, INC., 3101 PARK BLVD, PALO ALTO CA 94306
Michele Murgel officer: Chief People & Places Officer INTAPP, INC., 3101 PARK BLVD, PALO ALTO CA 94306
Temasek Holdings (private) Ltd 10 percent owner 60B ORCHARD ROAD #06-18 TOWER 2, THE ATRIUM@ORCHARD, SINGAPORE U0 238891
Great Hill Equity Partners Iv Lp 10 percent owner C/O GREAT HILL PARTNERS, L.P., 200 CLARENDON STREET, 29TH FLOOR, BOSTON MA 02116
George R Neble director 210 BROADWAY, CAMBRIDGE MA 02139
Morton David H Jr officer: Chief Financial Officer SEAGATE TECHNOLOGY, 920 DISC DRIVE, SCOTTS VALLEY CA 95066
Stephen I. Robertson officer: Chief Financial Officer INTAPP, INC., 3101 PARK BLVD, PALO ALTO CA 94306
Ralph Baxter director INTAPP, INC., 3101 PARK BLVD, PALO ALTO CA 94306
Charles E Moran director 2300 WINDY RIDGE PARKWAY, 10TH FLOOR, ATLANTA GA 30339
Martin Fichtner director 101 CALIFORNIA STREET, SUITE 3700, SAN FRANCISCO CA 94111
Beverly Allen director INTAPP, INC., 3101 PARK BLVD, PALO ALTO CA 94306