Apple iSports Group (Apple iSports Group) Operating Income : $-4.00 Mil (TTM As of Mar. 2024)

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What is Apple iSports Group Operating Income?

Apple iSports Group's Operating Income for the three months ended in Mar. 2024 was $-0.73 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2024 was $-4.00 Mil.

Warning Sign:

Apple iSports Group Inc 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. Apple iSports Group's Operating Income for the three months ended in Mar. 2024 was $-0.73 Mil. Apple iSports Group's Revenue for the three months ended in Mar. 2024 was $0.00 Mil. Therefore, Apple iSports Group's Operating Margin % for the quarter that ended in Mar. 2024 was %.

Apple iSports 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. Apple iSports Group's annualized ROC % for the quarter that ended in Mar. 2024 was -103.02%. Apple iSports Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was %.

Apple iSports Group Operating Income Historical Data

The historical data trend for Apple iSports 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.

Apple iSports Group Operating Income Chart

Apple iSports Group Annual Data

Trend

Apr14

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Dec23

Operating Income

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-0.09

-0.11

-0.04

-0.06

-3.60

Apple iSports Group Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Jun23	Sep23	Dec23	Mar24
Operating Income	Get a 7-Day Free Trial															-0.01	-0.66	-0.59	-2.03	-0.73

Apple iSports 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-4.00 Mil.

Apple iSports Group (OTCPK:AAPI) Operating Income Explanation

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

Apple iSports Group'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 )
=	-2.916 * ( 1 - 0% )	/	( (2.721	+	2.94)	/ 2 )
=	-2.916	/	2.8305
=	-103.02 %

where

	Invested Capital		(Q: Dec. 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	))
=	0.069	-	2.656	-	( 0.001	-	max(0, 5.377	-	0.069	+	0.001	))
=	2.721

	Invested Capital		(Q: Mar. 2024 )
=	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	))
=	0.13	-	2.477	-	( 0.007	-	max(0, 5.367	-	0.08	+	0.007	))
=	2.94

Note: The Operating Income data used here is four times the quarterly (Mar. 2024) data.

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

Apple iSports Group'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 )
=	-2.912	/	( ( (0 + max(-2.65, 0))	+	(0 + max(-2.467, 0)) )	/	2 )
=	-2.912	/	( ( 0	+	0 )	/	2 )
=	-2.912	/	0
=	%

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	+	0	+	0.006)	-	(2.656	+	0	+	-8.8817841970013E-16)
=	-2.65

	Working Capital		(Q: Mar. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0.009)	-	(2.477	+	0	+	-0.0010000000000003)
=	-2.467

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 %:

Apple iSports Group'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 )
	=	-0.729	/	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.

Apple iSports Group Operating Income Related Terms

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Apple iSports Group (Apple iSports Group) Business Description

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GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Apple iSports Group Inc (OTCPK:AAPI) » Definitions » Operating Income

Comparable Companies

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Address

552 Lonsdale Street, Level 7, Melbourne, VIC, AUS, 3000

Website

http://www.preventioninsurance.com

Prevention Insurance.com is a shell company. Its business is to pursue a business combination through acquisition, or merger with, an existing company.

Executives

Antonio Lococo	director, 10 percent owner, officer: CEO/CFO	113 ESPLANADE, ALTONA C3 3018
Copper Hill Assets, Inc.	10 percent owner	GROUND FLOOR COASTAL BUILDING, PO BOX 3169 ROAD TOEN, TORTOLA D8 VG1110
Metroworks Equity Sdn. Bdh.	10 percent owner	UNIT 604, UPTOWN 1, NO. 1, JALAN SS21/58, DAMANSARA, PETALING JAYA, SELANGAOR N8 47400
Chee Chau Ng	director, officer: Chief Executive Officer	LEVEL U1 BLOCK D2, UNIT D2-1-1 TO D2-1-9, SOLARIS DUTAMAS, JALAN DUTAMAS 1, KUALA LUMPUR N8 50480
Chee Chow Teow	10 percent owner	K1-G08 KENARI COURT, JALAN PANDAN INDAH 6/1, PANDAH INDAH, KUALA LUMPUR N8 55100
Ee Meng Teow	10 percent owner	K1-G08 KENARI COURT, JALAN PANDAN INDAH 6/1, PANDAH INDAH, KUALA LUMPUR N8 55100
Wooi Huat Teow	10 percent owner	K1-G08 KENARI COURT, JALAN PANDAN INDAH 6/1, PANDAH INDAH, KUALA LUMPUR N8 55100
Alan P Donenfeld	director, 10 percent owner, officer: President and Secretary	C/O PARAGON CAPITAL LP, 110 EAST 59TH STREET, 29TH FL, NEW YORK NY 10022
Paragon Capital Lp	10 percent owner	110 EAST 59TH ST 22ND FL, NEW YORK NY 10022

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