GURUFOCUS.COM » STOCK LIST » Technology » Software » 63 Moons Technologies Ltd (BOM:526881) » Definitions » Operating Income

63 Moons Technologies (BOM:526881) Operating Income : ₹669 Mil (TTM As of Mar. 2024)


View and export this data going back to 2000. Start your Free Trial

What is 63 Moons Technologies Operating Income?

63 Moons Technologies's Operating Income for the three months ended in Mar. 2024 was ₹-697 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2024 was ₹669 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. 63 Moons Technologies's Operating Income for the three months ended in Mar. 2024 was ₹-697 Mil. 63 Moons Technologies's Revenue for the three months ended in Mar. 2024 was ₹374 Mil. Therefore, 63 Moons Technologies's Operating Margin % for the quarter that ended in Mar. 2024 was -186.15%.

63 Moons Technologies'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. 63 Moons Technologies's annualized ROC % for the quarter that ended in Mar. 2024 was 1.37%. 63 Moons Technologies's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -61.18%.


63 Moons Technologies Operating Income Historical Data

The historical data trend for 63 Moons Technologies'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.

63 Moons Technologies Operating Income Chart

63 Moons Technologies Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Operating Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1,647.51 -1,020.27 -1,271.96 -501.56 668.98

63 Moons Technologies 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 139.84 185.87 602.59 577.43 -696.91

63 Moons Technologies 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 ₹669 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.


63 Moons Technologies  (BOM:526881) Operating Income Explanation

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

63 Moons Technologies'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 )
=-2787.636 * ( 1 - 110% )/( (0 + 20405.088)/ 1 )
=278.7636/20405.088
=1.37 %

where

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))
=36453.039 - 285.206 - ( 17029.63 - max(0, 3076.397 - 18839.142+17029.63))
=20405.088

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

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

63 Moons Technologies'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 )
=-1302.664/( ( (0 + max(0, 0)) + (2129.218 + max(-1263.451, 0)) )/ 1 )
=-1302.664/( ( 0 + 2129.218 )/ 1 )
=-1302.664/2129.218
=-61.18 %

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) - (0 + 0 + 0)
=0

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(453.058 + 0 + 1334.805) - (285.206 + 0 + 2766.108)
=-1263.451

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 %:

63 Moons Technologies'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 )
=-696.909/374.378
=-186.15 %

* 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.


63 Moons Technologies Operating Income Related Terms

Thank you for viewing the detailed overview of 63 Moons Technologies's Operating Income provided by GuruFocus.com. Please click on the following links to see related term pages.


63 Moons Technologies (BOM:526881) Business Description

Traded in Other Exchanges
Address
Suren Road, FT Tower, CTS No. 256 and 257, Chakala, Andheri (East), Mumbai, MH, IND, 400 093
63 Moons Technologies Ltd is a company that is involved in the business of offering technology intellectual property and domain expertise to create and trade on next-generation financial markets across all asset classes including equities, commodities, currencies, and bonds among others. Its products and solutions portfolio includes exchange technology solutions, brokerage technology solutions, and risk solutions. The company's business segments include Straight Through Processing (STP) technologies and solutions and Others. It derives the majority of its revenues from STP technologies and solutions segment.

63 Moons Technologies (BOM:526881) Headlines

No Headlines