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Mega Matrix (Mega Matrix) Operating Income : $-4.11 Mil (TTM As of Mar. 2024)


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What is Mega Matrix Operating Income?

Mega Matrix's Operating Income for the three months ended in Mar. 2024 was $-2.23 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2024 was $-4.11 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Mega Matrix's Operating Income for the three months ended in Mar. 2024 was $-2.23 Mil. Mega Matrix's Revenue for the three months ended in Mar. 2024 was $8.69 Mil. Therefore, Mega Matrix's Operating Margin % for the quarter that ended in Mar. 2024 was -25.60%.

Mega Matrix'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. Mega Matrix's annualized ROC % for the quarter that ended in Mar. 2024 was -61.86%. Mega Matrix's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -202.75%.


Mega Matrix Operating Income Historical Data

The historical data trend for Mega Matrix'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.

Mega Matrix Operating Income Chart

Mega Matrix 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 23.88 0.86 -5.24 -5.35 -3.50

Mega Matrix 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 -1.31 -1.58 -1.11 0.79 -2.23

Mega Matrix 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 $-4.11 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.


Mega Matrix  (AMEX:MPU) Operating Income Explanation

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

Mega Matrix'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 )
=-8.9 * ( 1 - 12.52% )/( (7.015 + 18.158)/ 2 )
=-7.78572/12.5865
=-61.86 %

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:

Mega Matrix'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 )
=-8.84/( ( (0 + max(5.245, 0)) + (0 + max(3.475, 0)) )/ 2 )
=-8.84/( ( 5.245 + 3.475 )/ 2 )
=-8.84/4.36
=-202.75 %

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 + 8.187) - (2.942 + 0 + 0)
=5.245

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.297 + 0 + 11.044) - (0.046 + 1.561 + 6.259)
=3.475

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 %:

Mega Matrix'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 )
=-2.225/8.692
=-25.60 %

* 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.


Mega Matrix Operating Income Related Terms

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Mega Matrix (Mega Matrix) Business Description

Traded in Other Exchanges
N/A
Address
3000 El Camino Real, Building 4, Suite 200, Palo Alto, CA, USA, 94306
Mega Matrix Corp is a holding company. It operates through its two subsidiaries Mega Metaverse Corp (Mega) and JetFleet Management Corp (JMC). The Company has three business segments which are comprised of 1) ETH staking business, 2) the GameFi business, and 3) the leasing of regional aircraft to foreign and domestic regional airlines. The majority of the company's revenue is earned through Leasing business segment.
Executives
Yucheng Hu director, 10 percent owner, officer: CEO and Chairman GROUP 7, YANTAI VILLAGE, LAOYE TOWN, YINGSHAN, SICHUAN F4 00000000
Yunheng Zhang director, officer: Chief Operating Officer 3000 EL CAMINO REAL, BLDG 4, STE 200, PALO ALTO CA 94306
Jianan Jiang director 46886 BLACKBERRY CT, STERLING VA 20164
Siyuan Zhu director ROOM 1101, BUILDING 4, NO. 88 SOUTH WUNING RD., JINAN DISTRICT, SHANGHAI F4 00000000
Qin Yao director 5A, BUILDING E, NORTH BAONENG TAIGUCHENG, ZHONGXIN ROAD, NANSHAN DISTRICT, SHENZHEN, GUANGDONG F4 00000000
Qin Carol Wang officer: Chief Financial Officer ROOM 403, NO. 7, LANE 173, YANZHONG ROAD, PUDONG NEW DISTRICT, SHANGHAI F4 00000000
Florence Ng director, officer: GCO VP 1618 17TH AVENUE, SAN FRANCISCO CA 94122
David Paul Wilson director 1440 CHAPIN AVENUE, SUITE 310, BURLINGAME CA 94010
Michael Gerhard Magnusson officer: President & CEO 1440 CHAPIN AVENUE, SUITE 310, BURLINGAME CA 94010
Harold M Lyons officer: SVP Finance & CFO 1440 CHAPIN AVENUE, SUITE 310, BURLINGAME CA 94010
Evan M Wallach director 1440 CHAPIN AVE, STE 310, BURLINGAME CA 94010
Toni M Perazzo director, 10 percent owner, officer: Sr. V.P. Finance, Secty. 1440 CHAPIN AVENUE, SUITE 310, BURLINGAME CA 94010
Karen M Rogge director APPLIED MICRO CIRCUITS CORP, 4555 GREAT AMERICA PARKWAY, SUITE 601, SANTA CLARA CA 95054
Neal D Crispin director, 10 percent owner, officer: President & Chairman 1440 CHAPIN AVENUE, SUITE 310, BURLINGAME CA 94010
Jetfleet Holding Corp. 10 percent owner 1440 CHAPIN AVENUE, SUITE 310, BURLINGAME CA 94010