GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Omnia Wellness Inc (OTCPK:OMWS) » Definitions » Operating Income

Omnia Wellness (Omnia Wellness) Operating Income : $-2.86 Mil (TTM As of Sep. 2022)


View and export this data going back to 2018. Start your Free Trial

What is Omnia Wellness Operating Income?

Omnia Wellness's Operating Income for the three months ended in Sep. 2022 was $-0.45 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Sep. 2022 was $-2.86 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Omnia Wellness's Operating Income for the three months ended in Sep. 2022 was $-0.45 Mil. Omnia Wellness's Revenue for the three months ended in Sep. 2022 was $0.03 Mil. Therefore, Omnia Wellness's Operating Margin % for the quarter that ended in Sep. 2022 was -1,614.29%.

Omnia Wellness'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. Omnia Wellness's annualized ROC % for the quarter that ended in Sep. 2022 was -22.65%. Omnia Wellness's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2022 was -285.58%.


Omnia Wellness Operating Income Historical Data

The historical data trend for Omnia Wellness'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.

Omnia Wellness Operating Income Chart

Omnia Wellness Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22
Operating Income
Get a 7-Day Free Trial -0.03 -0.01 -0.03 -1.62 -3.40

Omnia Wellness Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
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 -0.77 -0.69 -1.37 -0.35 -0.45

Omnia Wellness 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 Sep. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $-2.86 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.


Omnia Wellness  (OTCPK:OMWS) Operating Income Explanation

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

Omnia Wellness's annualized ROC % for the quarter that ended in Sep. 2022 is calculated as:

ROC % (Q: Sep. 2022 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2022 ) + Invested Capital (Q: Sep. 2022 ))/ count )
=-1.808 * ( 1 - 0% )/( (7.994 + 7.97)/ 2 )
=-1.808/7.982
=-22.65 %

where

Note: The Operating Income data used here is four times the quarterly (Sep. 2022) data.

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

Omnia Wellness's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2022 is calculated as:

ROC (Joel Greenblatt) %(Q: Sep. 2022 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2022  Q: Sep. 2022
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-1.832/( ( (0.664 + max(-1.517, 0)) + (0.619 + max(-1.978, 0)) )/ 2 )
=-1.832/( ( 0.664 + 0.619 )/ 2 )
=-1.832/0.6415
=-285.58 %

where Working Capital is:

Working Capital(Q: Jun. 2022 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.113 + 0.024 + 0) - (1.469 + 0 + 0.185)
=-1.517

Working Capital(Q: Sep. 2022 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.054 + 0.024 + 2.7755575615629E-17) - (1.875 + 0 + 0.181)
=-1.978

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Sep. 2022) EBIT data.

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

Omnia Wellness's Operating Margin % for the quarter that ended in Sep. 2022 is calculated as:

Operating Margin %=Operating Income (Q: Sep. 2022 )/Revenue (Q: Sep. 2022 )
=-0.452/0.028
=-1,614.29 %

* 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.


Omnia Wellness Operating Income Related Terms

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


Omnia Wellness (Omnia Wellness) Business Description

Traded in Other Exchanges
N/A
Address
999 18th Street, Suite 3000, Denver, CO, USA, 80202
Omnia Wellness Inc Endo-Kinetic treatment provides a dynamic and effective full-body treatment to help soothe the body from pain, stress and exercise. Through SolaJet, AquaVive, SolaPro and Bodystop brands, the company is delivering wellness and value to users and professionals across the United States. Its flagship proprietary SolaJet Dry-Hydrotherapy System produces deep tissue penetration combined with therapeutic heat and sequential compression that combines three therapies in one to deliver the feeling of an hour-long traditional massage in as little as 15 minutes at an affordable price point for the user.