Compass Digital Acquisition (Compass Digital Acquisition) Operating Income : $-1.97 Mil (TTM As of Mar. 2024)

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What is Compass Digital Acquisition Operating Income?

Compass Digital Acquisition's Operating Income for the three months ended in Mar. 2024 was $-0.24 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2024 was $-1.97 Mil.

Warning Sign:

Compass Digital Acquisition Corp had lost money in 92% of the time over the past 12quarters.

Operating Margin % is calculated as Operating Income divided by its Revenue. Compass Digital Acquisition's Operating Income for the three months ended in Mar. 2024 was $-0.24 Mil. Compass Digital Acquisition's Revenue for the three months ended in Mar. 2024 was $0.00 Mil. Therefore, Compass Digital Acquisition's Operating Margin % for the quarter that ended in Mar. 2024 was %.

Compass Digital Acquisition'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. Compass Digital Acquisition's annualized ROC % for the quarter that ended in Mar. 2024 was -1.71%. Compass Digital Acquisition's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was %.

Compass Digital Acquisition Operating Income Historical Data

The historical data trend for Compass Digital Acquisition'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.

Compass Digital Acquisition Operating Income Chart

Compass Digital Acquisition Annual Data

Trend

Dec21

Dec22

Dec23

Operating Income

-1.20

-2.05

Compass Digital Acquisition Quarterly Data
	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Operating Income	Get a 7-Day Free Trial								-0.32	-0.33	-0.60	-0.80	-0.24

Compass Digital Acquisition 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 $-1.97 Mil.

Compass Digital Acquisition (NAS:CDAQ) Operating Income Explanation

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

Compass Digital Acquisition'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 )
=	-0.952 * ( 1 - 0% )	/	( (55.472	+	56.105)	/ 2 )
=	-0.952	/	55.7885
=	-1.71 %

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	))
=	55.427	-	0.735	-	( 0.044	-	max(0, 0.86	-	0.08	+	0.044	))
=	55.472

	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	))
=	56.084	-	0.793	-	( 0.03	-	max(0, 0.918	-	0.104	+	0.03	))
=	56.105

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

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

Compass Digital Acquisition'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 )
=	-0.952	/	( ( (0 + max(-0.699, 0))	+	(0 + max(-0.719, 0)) )	/	2 )
=	-0.952	/	( ( 0	+	0 )	/	2 )
=	-0.952	/	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	+	0.036)	-	(0.735	+	0	+	0)
=	-0.699

	Working Capital		(Q: Mar. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0.074)	-	(0.793	+	0	+	0)
=	-0.719

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 %:

Compass Digital Acquisition'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 )
	=	-0.238	/	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.

Compass Digital Acquisition Operating Income Related Terms

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

Compass Digital Acquisition (Compass Digital Acquisition) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Compass Digital Acquisition Corp (NAS:CDAQ) » Definitions » Operating Income

Comparable Companies

Traded in Other Exchanges

N/A

Address

3626 N Hall Street, Suite 910, Dallas, TX, USA, 75219

Website

https://www.compassdigitalspac.com

Compass Digital Acquisition Corp is a blank check company.

Executives

Hcg Opportunity Mm, Llc	10 percent owner	195 US HWY 50, SUITE 208, ZEPHYR COVE NV 89448
Hcg Opportunity, Llc	10 percent owner	195 US HWY 50, SUITE 208, ZEPHYR COVE NV 89448
Satish Gupta	director	3626 N HALL STREET, #910, DALLAS TX 75219
Kirk Steven Hovde	director	1629 COLONIAL PARKWAY, INVERNESS IL 60067
Matthew Schindel	director	195 US HWY 50, SUITE 208, ZEPHYR COVE NV 89448
Nicholas Boris Geeza	officer: Chief Financial Officer	17 BEACH CLUB DRIVE, STATELINE NV 89449
Compass Digital Spac Llc	10 percent owner	3626 N HALL STREET, #910, DALLAS, TX 75219
Anna Brunelle	director	TIVO INC., 2160 GOLD STREET, ALVISO CA 95002
Thomas D Hennessy	director, officer: Chief Executive Officer	3485 N. PINES WAY SUITE 110, WILSON WY 83014
Milton Joseph Beck	director	3485 N. PINES WAY SUITE 110, WILSON WY 83014
Abidali Neemuchwala	director	C/O VIRTUSA CORPORATION, 132 TURNPIKE RD, STE. 300, SOUTHBOROUGH MA 01772
Daniel J Hennessy	director	10 SOUTH WACKER DRIVE, CHICAGO IL 60606
William Arthur Owens	director	C/O CENTURYLINK, INC., 100 CENTURYLINK DRIVE, MONROE LA 71203
Jon M. Zieger	director	3626 N HALL STREET, #910, DALLAS, TX 75219
Burhan Jaffer	officer: Chief Financial Officer	3626 H HALL STREET, #910, DALLAS TX 75219

Compass Digital Acquisition (Compass Digital Acquisition) Headlines

From GuruFocus

Compass Digital Acquisition Corp. Announces the Separate Trading of Its Class A Ordinary Shares and Warrants, Commencing December 6, 2021

By Business Wire Business Wire • 12-04-2021

Compass Digital Acquisition Corp. Announces Postponement of its Extraordinary General Meeting of Shareholders to 12 P.M. ET on October 19, 2023

By Marketwired • 10-10-2023