Integrated Media Technology (Integrated Media Technology) Operating Income : $-7.99 Mil (TTM As of Jun. 2023)

View and export this data going back to 2017. Start your Free Trial

What is Integrated Media Technology Operating Income?

Integrated Media Technology's Operating Income for the six months ended in Jun. 2023 was $-1.81 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Jun. 2023 was $-7.99 Mil.

Warning Sign:

Integrated Media Technology Ltd has never been profitable in the past 3 years. It lost money every year.

Operating Margin % is calculated as Operating Income divided by its Revenue. Integrated Media Technology's Operating Income for the six months ended in Jun. 2023 was $-1.81 Mil. Integrated Media Technology's Revenue for the six months ended in Jun. 2023 was $0.30 Mil. Therefore, Integrated Media Technology's Operating Margin % for the quarter that ended in Jun. 2023 was -596.38%.

Warning Sign:

Integrated Media Technology Ltd operating margin has been in a 5-year decline. The average rate of decline per year is -102.3%.

Integrated Media Technology's 5-Year average Growth Rate for Operating Margin % was -102.30% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Integrated Media Technology's annualized ROC % for the quarter that ended in Jun. 2023 was -9.68%. Integrated Media Technology's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2023 was 16.64%.

Integrated Media Technology Operating Income Historical Data

The historical data trend for Integrated Media Technology'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.

Integrated Media Technology Operating Income Chart

Integrated Media Technology Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Operating Income

Get a 7-Day Free Trial

-5.55

-7.70

-8.10

-4.35

-8.28

Integrated Media Technology Semi-Annual Data
	Dec13	Dec14	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Operating Income	Get a 7-Day Free Trial													-2.34	-2.01	-2.10	-6.18	-1.81

Integrated Media Technology 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 Jun. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $-7.99 Mil.

Integrated Media Technology (NAS:IMTE) Operating Income Explanation

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

Integrated Media Technology's annualized ROC % for the quarter that ended in Jun. 2023 is calculated as:

	ROC % (Q: Jun. 2023 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Dec. 2022 )	+	Invested Capital (Q: Jun. 2023 ))	/ count )
=	-3.626 * ( 1 - 0% )	/	( (38.353	+	36.57)	/ 2 )
=	-3.626	/	37.4615
=	-9.68 %

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	))
=	39.097	-	0.694	-	( 0.05	-	max(0, 7.473	-	21.607	+	0.05	))
=	38.353

	Invested Capital		(Q: Jun. 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	))
=	37.307	-	0.727	-	( 0.01	-	max(0, 7.817	-	20.311	+	0.01	))
=	36.57

Note: The Operating Income data used here is two times the semi-annual (Jun. 2023) data.

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

Integrated Media Technology's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2023 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Jun. 2023 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Dec. 2022		Q: Jun. 2023
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	1.004	/	( ( (2.228 + max(4.19, 0))	+	(1.839 + max(3.813, 0)) )	/	2 )
=	1.004	/	( ( 6.418	+	5.652 )	/	2 )
=	1.004	/	6.035
=	16.64 %

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)
=	(0.648	+	4.185	+	1.691)	-	(0.694	+	0	+	1.64)
=	4.19

	Working Capital		(Q: Jun. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0.906	+	3.688	+	1.623)	-	(0.727	+	0	+	1.677)
=	3.813

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Jun. 2023) EBIT data.

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

Integrated Media Technology's Operating Margin % for the quarter that ended in Jun. 2023 is calculated as:

Operating Margin %	=	Operating Income (Q: Jun. 2023 )	/	Revenue (Q: Jun. 2023 )
	=	-1.813	/	0.304
	=	-596.38 %

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.

Integrated Media Technology Operating Income Related Terms

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

Integrated Media Technology (Integrated Media Technology) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Integrated Media Technology Ltd (NAS:IMTE) » Definitions » Operating Income

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jalan Pensyarah U1/28, Suite A, Unit 5, Level 3, Lot 4, Glen 9 Business Park, Hicom Glenmarie Industrial Par, Shah Alam, SGR, MYS, 40150

Website

https://www.imtechltd.com

Integrated Media Technology Ltd is engaged in the development, sale, and distribution of autostereoscopic 3D display, 3D conversion equipment, and software, development, and sale of 3D autostereoscopic technology, and the provision of 3D consultancy services. It operates through the following segments: the development, sale and distribution of autostereoscopic 3D displays, conversion equipment, software and technology solutions, and others, Sales of air-filter products, provision of consultancy services, and Sales of Halal products.

Executives

Marvel Finance Ltd	10 percent owner	7/F., SIU ON CENTER., 188 LOCKHART ROAD,, WAN CHAI K3 00000
Lee Ying Chiu Herbert	director, 10 percent owner, officer: President and CEO	15/F., SIU ON CENTRE, 188 LOCKHART ROAD, WANCHAI K3 0000
Nextglass Technologies Corp.	10 percent owner	9454 WILSHIRE BOULEVARD, SUITE 612, BEVERLY HILLES CA 90210
Jeonggeun Kim	10 percent owner	101-1402HO, SOSABEOL PURUGIO APT, 970 VISION-DONG, PYEONGTAEK-SI M5 17847
Cimb Ltd	10 percent owner	SUITE1814, 18/F FO TAN INDUSTRIAL CENTER, 26-28 AU PUI WAN STREET, FOTAN, NT K3 00000
Heming Cui	director	13/F, TOWER 2, BELCHER, NO. 89 POK FU LAM ROAD, HONG KONG K3 00000
Ho Cecil Te Hwai	officer: CFO & Company Secretary	7/F, SIU ON CENTRE, 188 LOCKHART ROAD, WANCHAI K3 00000
Lawrence Chen	director	UNIT 10, 18 JESSIE STREET, WESTMEAD SYDNEY C3 2145
Michael Wuhua Zhang	director	7/F, SIU ON CENTER, 188 LOCKHART ROAD, WANCHAI K3 00000
Unerkov Con	director	PO BOX 1171, NORTH ADELAIDE SA C3 5006
George Yatzis	officer: Company Secretary	GPO BOX 2018, ADELAIDE C3 5001
Chang Yuen Chan	director	7/F., SIU ON CENTER,, 188 LOCKHART ROAD,, WAN CHAI K3 00000
Ingram Wilton Timothy Carr	director	7/F., SIU ON CENTER,, 188 LOCKHART ROAD,, WAN CHAI K3 00000
Man Chung Chan	director	ROOM 2404, KING YAN HOUSE, KING NGA COURT, TAIPO K3 00000