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The Arena Group Holdings (The Arena Group Holdings) Operating Income : $-27.7 Mil (TTM As of Mar. 2024)


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What is The Arena Group Holdings Operating Income?

The Arena Group Holdings's Operating Income for the three months ended in Mar. 2024 was $-6.8 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2024 was $-27.7 Mil.

Warning Sign:

The Arena Group Holdings Inc had lost money in 92% of the time over the past 12quarters.

Operating Margin % is calculated as Operating Income divided by its Revenue. The Arena Group Holdings's Operating Income for the three months ended in Mar. 2024 was $-6.8 Mil. The Arena Group Holdings's Revenue for the three months ended in Mar. 2024 was $28.9 Mil. Therefore, The Arena Group Holdings's Operating Margin % for the quarter that ended in Mar. 2024 was -23.33%.

Good Sign:

The Arena Group Holdings Inc operating margin is expanding. Margin expansion is usually a good sign.

The Arena Group Holdings's 5-Year average Growth Rate for Operating Margin % was 39.90% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. The Arena Group Holdings's annualized ROC % for the quarter that ended in Mar. 2024 was -9.04%. The Arena Group Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -7,538.98%.


The Arena Group Holdings Operating Income Historical Data

The historical data trend for The Arena Group Holdings'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.

The Arena Group Holdings Operating Income Chart

The Arena Group Holdings 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 -40.81 -70.91 -75.28 -55.63 -35.36

The Arena Group Holdings 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 -9.59 -14.30 -6.85 0.23 -6.75

The Arena Group Holdings 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 $-27.7 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.


The Arena Group Holdings  (AMEX:AREN) Operating Income Explanation

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

The Arena Group Holdings'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 )
=-27.012 * ( 1 - -0.32% )/( (292.895 + 306.715)/ 2 )
=-27.0984384/299.805
=-9.04 %

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:

The Arena Group Holdings'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 )
=-33.36/( ( (0.504 + max(-23.617, 0)) + (0.381 + max(-110.871, 0)) )/ 2 )
=-33.36/( ( 0.504 + 0.381 )/ 2 )
=-33.36/0.4425
=-7,538.98 %

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)
=(44.811 + 0 + 36.102) - (41.605 + 59.786 + 3.139)
=-23.617

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(26.452 + 0 + 12.55) - (38.585 + 12.37 + 98.918)
=-110.871

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 %:

The Arena Group Holdings'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 )
=-6.753/28.941
=-23.33 %

* 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.


The Arena Group Holdings Operating Income Related Terms

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The Arena Group Holdings (The Arena Group Holdings) Business Description

Traded in Other Exchanges
N/A
Address
200 Vesey Street, 24th Floor, New York, NY, USA, 10281
The Arena Group Holdings Inc is a tech-powered media company that fuses superior technology, iconic brands, and marketing savvy to deliver vibrant content and experiences that reach more than 120 million users each month. The company creates robust digital destinations that delight consumers with powerful journalism, news about the things such as favorite sports teams, advice on investing, the inside scoop on personal finance, and the latest on lifestyle essentials. The Company operates in one reportable segment which focuses on a publishing platform.
Executives
Todd D. Sims director C/O B. RILEY FINANCIAL, INC., 21255 BURBANK BLVD., SUITE 400, WOODLAND HILLS CA 91367
B. Riley Financial, Inc. other: See Remarks. 11100 SANTA MONICA BLVD, SUITE 800, LOS ANGELES CA 90025
Paul Taylor Edmondson officer: Chief Operating Officer C/O THEMAVEN, 1500 FOURTH AVENUE, SEATTLE WA 98101
Herbert Hunt Allred director 200 VESEY ST., 24TH FLOOR, NEW YORK NY 10281
Daniel Shribman director 299 PARK AVENUE, NEW YORK NY 10171
Ross Levinsohn director 701 FIRST AVENUE, SUNNYVALE CA 94089
B. Riley Securities, Inc. 10 percent owner 11100 SANTA MONICA BLVD, SUITE 800, LOS ANGELES CA 90025
Christopher Petzel director 200 VESEY ST., 24TH FLOOR, NEW YORK NY 10281
Laura Anne Lee director 267 1ST STREET, APT 1, BROOKLYN NY 11215
Spiridon Christoforatos officer: Chief Accounting Officer 200 VESEY ST., 24TH FLOOR, NEW YORK NY 10281
Brf Investments, Llc 10 percent owner 11100 SANTA MONICA BLVD., SUITE 800, LOS ANGELES CA 90025
Carlo Zola director 225 LIBERTY STREET, 27TH FLOOR, NEW YORK NY 10281
Eric Semler director 4625 FIELDSTON ROAD, BRONX NY 10471
Brc Partners Opportunity Fund, Lp other: See Remarks. 11100 SANTA MONICA BLVD. SUITE 800, LOS ANGELES CA 90025
Henry Robertson Barrett officer: President, Media 225 LIBERTY STREET, 27TH FLOOR, NEW YORK NY 10281