EvokAI Creative Labs (TSXV:OKAI) Operating Income : C$-0.61 Mil (TTM As of Mar. 2023)

View and export this data going back to 2023. Start your Free Trial

What is EvokAI Creative Labs Operating Income?

EvokAI Creative Labs's Operating Income for the three months ended in Mar. 2023 was C$-0.06 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2023 was C$-0.61 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. EvokAI Creative Labs's Operating Income for the three months ended in Mar. 2023 was C$-0.06 Mil. EvokAI Creative Labs's Revenue for the three months ended in Mar. 2023 was C$0.00 Mil. Therefore, EvokAI Creative Labs's Operating Margin % for the quarter that ended in Mar. 2023 was %.

EvokAI Creative Labs'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. EvokAI Creative Labs's annualized ROC % for the quarter that ended in Mar. 2023 was -731.43%. EvokAI Creative Labs's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2023 was %.

EvokAI Creative Labs Operating Income Historical Data

The historical data trend for EvokAI Creative Labs'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.

EvokAI Creative Labs Operating Income Chart

EvokAI Creative Labs Annual Data

Trend

Dec21

Dec22

Dec23

Operating Income

-0.11

-0.97

-3.14

EvokAI Creative Labs Quarterly Data
	Dec21	Mar22	Sep22	Dec22	Mar23	Dec23
Operating Income	Get a 7-Day Free Trial			-0.02	-	-0.55	-0.06	-

EvokAI Creative Labs 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. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-0.61 Mil.

EvokAI Creative Labs (TSXV:OKAI) Operating Income Explanation

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

EvokAI Creative Labs's annualized ROC % for the quarter that ended in Mar. 2023 is calculated as:

	ROC % (Q: Mar. 2023 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Dec. 2022 )	+	Invested Capital (Q: Mar. 2023 ))	/ count )
=	-0.256 * ( 1 - 0% )	/	( (0	+	0.07)	/ 2 )
=	-0.256	/	0.035
=	-731.43 %

where

	Invested Capital		(Q: Dec. 2022 )
=	Total Assets	-	Accounts Payable & Accrued Expense	-	Excess Cash
=	Total Assets	-	Accounts Payable & Accrued Expense	-	( Cash, Cash Equivalents, Marketable Securities	-	max(0, Total Current Liabilities	-	Total Current Assets	+	Cash, Cash Equivalents, Marketable Securities	))
=	0.005	-	0.902	-	( 0.005	-	max(0, 0.902	-	0.005	+	0.005	))
=	0

	Invested Capital		(Q: Mar. 2023 )
=	Total Assets	-	Accounts Payable & Accrued Expense	-	Excess Cash
=	Total Assets	-	Accounts Payable & Accrued Expense	-	( Cash, Cash Equivalents, Marketable Securities	-	max(0, Total Current Liabilities	-	Total Current Assets	+	Cash, Cash Equivalents, Marketable Securities	))
=	0.012	-	0.212	-	( 0.001	-	max(0, 0.282	-	0.012	+	0.001	))
=	0.07

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

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

EvokAI Creative Labs's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2023 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Mar. 2023 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Dec. 2022		Q: Mar. 2023
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-0.256	/	( ( (0 + max(-0.84, 0))	+	(0 + max(-0.201, 0)) )	/	2 )
=	-0.256	/	( ( 0	+	0 )	/	2 )
=	-0.256	/	0
=	%

where Working Capital is:

	Working Capital		(Q: Dec. 2022 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0)	-	(0.902	+	0	+	-0.062)
=	-0.84

	Working Capital		(Q: Mar. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0.011	+	0	+	0)	-	(0.212	+	0	+	-5.5511151231258E-17)
=	-0.201

When net working capital is negative, 0 is used.

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

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

EvokAI Creative Labs's Operating Margin % for the quarter that ended in Mar. 2023 is calculated as:

Operating Margin %	=	Operating Income (Q: Mar. 2023 )	/	Revenue (Q: Mar. 2023 )
	=	-0.064	/	0
	=	%

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.

EvokAI Creative Labs Operating Income Related Terms

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

EvokAI Creative Labs (TSXV:OKAI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » EvokAI Creative Labs Inc (TSXV:OKAI) » Definitions » Operating Income

Comparable Companies

Traded in Other Exchanges

OKAIF:USA

Address

609 Granville Street, Suite 1600, PO Box 10068, Pacific Centre, Vancouver, BC, CAN, V7Y 1C3

Website

https://www.evokailabs.com

EvokAI Creative Labs Inc is a medtech artificial-intelligence-powered company. It deploys machine learning models to search medical data and uncover insights to help improve health outcomes, patient experiences, drug development, preclinical and clinical decisions, and provide more accurate diagnoses. EvokAI tailors its AI algorithms across the whole healthcare system, from hospitals, private clinics, research institutions, pharmaceutical companies, contract research organizations to medical professionals, patients, healthy individuals aiming at preventing and early detecting any kind of disease and beyond, protecting the aging genome.

EvokAI Creative Labs (TSXV:OKAI) Headlines

No Headlines