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Swiftmerge Acquisition (Swiftmerge Acquisition) Operating Income : $-2.27 Mil (TTM As of Mar. 2024)


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What is Swiftmerge Acquisition Operating Income?

Swiftmerge Acquisition's Operating Income for the three months ended in Mar. 2024 was $-0.40 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2024 was $-2.27 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Swiftmerge Acquisition's Operating Income for the three months ended in Mar. 2024 was $-0.40 Mil. Swiftmerge Acquisition's Revenue for the three months ended in Mar. 2024 was $0.00 Mil. Therefore, Swiftmerge Acquisition's Operating Margin % for the quarter that ended in Mar. 2024 was %.

Swiftmerge Acquisition'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. Swiftmerge Acquisition's annualized ROC % for the quarter that ended in Mar. 2024 was -8.24%. Swiftmerge Acquisition's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was %.


Swiftmerge Acquisition Operating Income Historical Data

The historical data trend for Swiftmerge Acquisition'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.

Swiftmerge Acquisition Operating Income Chart

Swiftmerge Acquisition Annual Data
Trend Dec21 Dec22 Dec23
Operating Income
- -1.45 -3.09

Swiftmerge Acquisition Quarterly Data
Feb21 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 -1.22 -1.21 -0.85 0.20 -0.40

Swiftmerge Acquisition 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 $-2.27 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.


Swiftmerge Acquisition  (NAS:IVCP) Operating Income Explanation

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

Swiftmerge Acquisition'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 )
=-1.604 * ( 1 - 0% )/( (24.977 + 13.96)/ 2 )
=-1.604/19.4685
=-8.24 %

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:

Swiftmerge Acquisition'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 )
=-1.604/( ( (0 + max(-2.57, 0)) + (0 + max(-2.851, 0)) )/ 2 )
=-1.604/( ( 0 + 0 )/ 2 )
=-1.604/0
= %

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)
=(0 + 0 + 0) - (2.57 + 0 + 0)
=-2.57

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0) - (2.851 + 0 + 0)
=-2.851

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 %:

Swiftmerge Acquisition'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 )
=-0.401/0
= %

* 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.


Swiftmerge Acquisition Operating Income Related Terms

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Swiftmerge Acquisition (Swiftmerge Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
100 Park Royal, Executive Suite 200, West Vancouver, BC, CAN, V7T 1A2
Swiftmerge Acquisition Corp is a blank check company.
Executives
Wesley K Clark director 1 INFORMATION WAY, LITTLE ROCK AR 72202
Brett Conrad director 1312 CEDAR ST., SANTA MONICA CA 90405
Leonard Makowka director 2931 PLUMBROOK LANE, MAUMEE OH 43537
George L Jones director BORDERS GROUP, INC., 100 PHOENIX DRIVE, ANN ARBOR MI 48108
Christopher J Munyan officer: CFO C/O CSS INDUSTRIES, INC., 450 PLYMOUTH ROAD, SUITE 300, PLYMOUTH MEETING PA 19462
Swiftmerge Holdings Llc 10 percent owner 2710 ROSEBERY AVENUE, WEST VANCOUVER A1 V7V3A2
John Bremner director, officer: CEO C/O SWIFTMERGE ACQUISITION, 2710, WEST VANCOUVER A1 V7V3A2
Lyder Courtney director C/O SWIFTMERGE ACQUISITION, 2710 ROSEBERY AVENUE, WEST VANCOUVER A1 V7V3A2
Aston Loch officer: COO and Secretary C/O SWIFTMERGE ACQUISITION, 2710 ROSEBERY AVENUE, WEST VANCOUVER A1 V7V3A2
Sarah Boatman director C/O SWIFTMERGE ACQUISITION, 2710 ROSEBERY AVENUE, WEST VANCOUVER A1 V7V3A2