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Sobrfe (Sobrfe) Operating Income : $-8.86 Mil (TTM As of Mar. 2024)


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What is Sobrfe Operating Income?

Sobrfe's Operating Income for the three months ended in Mar. 2024 was $-1.71 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2024 was $-8.86 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Sobrfe's Operating Income for the three months ended in Mar. 2024 was $-1.71 Mil. Sobrfe's Revenue for the three months ended in Mar. 2024 was $0.05 Mil. Therefore, Sobrfe's Operating Margin % for the quarter that ended in Mar. 2024 was -3,560.42%.

Sobrfe'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. Sobrfe's annualized ROC % for the quarter that ended in Mar. 2024 was -179.45%. Sobrfe's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -3,443.94%.


Sobrfe Operating Income Historical Data

The historical data trend for Sobrfe'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.

Sobrfe Operating Income Chart

Sobrfe 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 -0.79 -2.91 -5.56 -10.41 -9.60

Sobrfe 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 -2.45 -2.70 -2.07 -2.39 -1.71

Sobrfe 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 $-8.86 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.


Sobrfe  (NAS:SOBR) Operating Income Explanation

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

Sobrfe'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 )
=-6.836 * ( 1 - 0% )/( (2.949 + 4.67)/ 2 )
=-6.836/3.8095
=-179.45 %

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:

Sobrfe'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 )
=-9.092/( ( (0.275 + max(-0.769, 0)) + (0.253 + max(-0.865, 0)) )/ 2 )
=-9.092/( ( 0.275 + 0.253 )/ 2 )
=-9.092/0.264
=-3,443.94 %

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)
=(0.025 + 0.343 + 0.213) - (1.35 + 0 + -2.2204460492503E-16)
=-0.769

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.025 + 0.321 + 0.176) - (1.387 + 0 + 0)
=-0.865

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 %:

Sobrfe'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 )
=-1.709/0.048
=-3,560.42 %

* 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.


Sobrfe Operating Income Related Terms

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


Sobrfe (Sobrfe) Business Description

Traded in Other Exchanges
Address
6400 South Fiddlers Green Circle, Suite 525, Greenwood Village, CO, USA, 80111
Sobr Safe Inc is engaged in developing alcohol-detecting devices to address the automotive alcohol sensing spectrum. The company has developed an alcohol detection device called SOBR. This device is patented and is used for detecting alcohol in a human system by testing the ethanol content in the perspiration. The company generates revenue through various combinations of software products and services which include the sale of cloud-based software solutions, detection and data collection hardware devices, and cloud-based data reporting and analysis services.
Executives
J. Steven Beabout director C/O STARZ, 8900 LIBERTY CIRCLE, ENGLEWOOD CO 80112
Gerard Wenzel officer: CFO 6400 SOUTH FIDDLERS GREEN CIRCLE, SUITE 525, GREENWOOD VILLAGE CO 80111
Sandy L Shoemaker director 6400 SOUTH FIDDLERS GREEN CIRCLE, SUITE 525, GREENWOOD VILLAGE CO 80111
Michael T Watson officer: CRO & EVP Sales and Marketing 6400 SOUTH FIDDLERS GREEN CIRCLE, SUITE 1400, GREENWOOD VILLAGE CO 80111
Charles Warren Bennington director, officer: Chief Executive Officer 3030 OLD RANCH PARKWAY, SEAL BEACH CA 90740
Gary John Graham director, 10 percent owner 6400 S. FIDDLERS GREEN CIRCLE, SUITE 525, GREENWOOD VILLAGE CO 80111
Ford Byron Fay director 9879 CLAIRTON CT., HIGHLAND RANCH CO 80126
David Joseph Gandini director, officer: Chief Revenue Officer 39 FALLON HILLS DRIVE, HIGHLANDS RANCH CO 80126
Kevin D Moore director, officer: Chief Executive Officer 730 15TH STREET, BOULDER CO 80302
Michael A. Lanphere 10 percent owner, officer: V.P. of Legal Affairs 8 PLUMERIA, IRVINE CA 92620
Gadasalli Subramanya Satyanarayana director, 10 percent owner 683 E. BROKAW RD., SAN JOSE CA 95112
Devadatt M Mishal director 8500 FLORENCE AVE. E., DOWNEY CA 90241
Nicholas Limer director, 10 percent owner, officer: Secretary 3030 OLD RANCH PARKWAY, SEAL BEACH CA 90740
Ronald Louis Williams director, officer: Chief Technology Officer 3030 OLD RANCH PARKWAY, SEAL BEACH CA 90740
Munn Harlan B Iii director 5758 SINGLETREE LANE, PARKER CO 80134