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Troika Media Group (Troika Media Group) Operating Income : $-23.8 Mil (TTM As of Sep. 2023)


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What is Troika Media Group Operating Income?

Troika Media Group's Operating Income for the three months ended in Sep. 2023 was $-2.2 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Sep. 2023 was $-23.8 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Troika Media Group's Operating Income for the three months ended in Sep. 2023 was $-2.2 Mil. Troika Media Group's Revenue for the three months ended in Sep. 2023 was $54.2 Mil. Therefore, Troika Media Group's Operating Margin % for the quarter that ended in Sep. 2023 was -4.10%.

Troika Media Group'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. Troika Media Group's annualized ROC % for the quarter that ended in Sep. 2023 was -8.42%. Troika Media Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was -7,207.07%.


Troika Media Group Operating Income Historical Data

The historical data trend for Troika Media Group'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.

Troika Media Group Operating Income Chart

Troika Media Group Annual Data
Trend Jun19 Jun20 Jun21
Operating Income
-9.18 -16.43 -18.98

Troika Media Group Quarterly Data
Jun19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 7.22 -8.64 -4.47 -8.44 -2.23

Troika Media Group 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. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-23.8 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.


Troika Media Group  (OTCPK:TRKAQ) Operating Income Explanation

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

Troika Media Group's annualized ROC % for the quarter that ended in Sep. 2023 is calculated as:

ROC % (Q: Sep. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2023 ) + Invested Capital (Q: Sep. 2023 ))/ count )
=-8.9 * ( 1 - -0.12% )/( (132.773 + 78.839)/ 2 )
=-8.91068/105.806
=-8.42 %

where

Note: The Operating Income data used here is four times the quarterly (Sep. 2023) data.

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

Troika Media Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2023 is calculated as:

ROC (Joel Greenblatt) %(Q: Sep. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2023  Q: Sep. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-208.032/( ( (3.02 + max(-40.662, 0)) + (2.753 + max(-36.77, 0)) )/ 2 )
=-208.032/( ( 3.02 + 2.753 )/ 2 )
=-208.032/2.8865
=-7,207.07 %

where Working Capital is:

Working Capital(Q: Jun. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(15.197 + 0 + 2.761) - (39.017 + 9.317 + 10.286)
=-40.662

Working Capital(Q: Sep. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(13.581 + 0 + 3.837) - (37.185 + 6.717 + 10.286)
=-36.77

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Sep. 2023) EBIT data.

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

Troika Media Group's Operating Margin % for the quarter that ended in Sep. 2023 is calculated as:

Operating Margin %=Operating Income (Q: Sep. 2023 )/Revenue (Q: Sep. 2023 )
=-2.225/54.239
=-4.10 %

* 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.


Troika Media Group Operating Income Related Terms

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Troika Media Group (Troika Media Group) Business Description

Traded in Other Exchanges
N/A
Address
25 West 39th Street, 6th Floor, New York, NY, USA, 10018
Troika Media Group Inc is a global marketing service company. It is leveraging data and technology to deliver integrated branding, marketing, media, and analytics solutions to clients. It offers solutions to clients seeking a holistic approach to meeting brand strategy, experiential marketing and communications needs.
Executives
Lawrence Vincent Wolfe officer: VP, Chief Operating Officer 25 WEST 39TH STREET, 6TH FLOOR, C/O TROIKA MEDIA GROUP, INC., NEW YORK NY 10018
Carl Derek Mckinney officer: VP, General Counsel 25 WEST 39TH STREET, 6TH FLOOR, C/O TROIKA MEDIA GROUP, INC., NEW YORK NY 10018
Kevin J Vanbeek 10 percent owner 149 ASH STREET, HOPKINTON MA 01748
Jeffrey Scott Stein director 601 TRAVIS, SUITE 1400, HOUSTON TX 77002
G Grant Lyon director 410 N. 44TH STREET, SUITE 700, PHOENIX AZ 85008
Peter Coates 10 percent owner 1715 NORTH GOWER STREET, LOS ANGELES CA 90028
Randall D Miles director 1321 KING STREET, SUITE 1, BELLINGHAM WA 98226
Erica Naidrich officer: Chief Financial Officer 1715 NORTH GOWER STREET, LOS ANGELES CA 90028
Sabrina Yang director 1715 NORTH GOWER STREET, LOS ANGELES CA 90028
John Belniak director 1715 NORTH GOWER STREET, LOS ANGELES CA 90028
Sadig Toama director, officer: President 605 THIRD AVEUE, NEW YORK NY 10158
Thomas Marianacci 10 percent owner, officer: CEO of Converge Direct LLC 605 THIRD AVENUE, NEW YORK NY 10158
Kyle Hill 10 percent owner, officer: Pres. of Redeeem Acquisition 1227 11TH STREET - UNIT A, SANTA MONICA CA 90401
Martin Pompadur director
Kevin Dundas officer: CEO of Mission Subsidiary 1715 NORTH GOWER STREET, LOS ANGELES CA 90028