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Dais (DLYT) Operating Income : $-3.80 Mil (TTM As of Sep. 2023)


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What is Dais Operating Income?

Dais's Operating Income for the three months ended in Sep. 2023 was $-2.41 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Sep. 2023 was $-3.80 Mil.

Warning Sign:

Dais Corp 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. Dais's Operating Income for the three months ended in Sep. 2023 was $-2.41 Mil. Dais's Revenue for the three months ended in Sep. 2023 was $0.71 Mil. Therefore, Dais's Operating Margin % for the quarter that ended in Sep. 2023 was -338.01%.

Good Sign:

Dais Corp operating margin is expanding. Margin expansion is usually a good sign.

Dais's 5-Year average Growth Rate for Operating Margin % was 9.40% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Dais's annualized ROC % for the quarter that ended in Sep. 2023 was -109.86%. Dais's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was -34,228.57%.


Dais Operating Income Historical Data

The historical data trend for Dais'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.

Dais Operating Income Chart

Dais Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Operating Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.66 -1.27 -0.72 -1.94 -1.85

Dais Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 -0.39 -0.46 -0.48 -0.45 -2.41

Dais 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 Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-3.80 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.


Dais  (OTCPK:DLYT) Operating Income Explanation

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

Dais's annualized ROC % for the quarter that ended in Sep. 2023 is calculated as:

ROC % (Q: Sep. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2023 ) + Invested Capital (Q: Sep. 2023 ))/ count )
=-9.64 * ( 1 - 0% )/( (8.729 + 8.82)/ 2 )
=-9.64/8.7745
=-109.86 %

where

Note: The Operating Income data used here is four times the quarterly (Sep. 2023) data.

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

Dais's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2023 is calculated as:

ROC (Joel Greenblatt) %(Q: Sep. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2023  Q: Sep. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-9.584/( ( (0.029 + max(-8.065, 0)) + (0.027 + max(-8.798, 0)) )/ 2 )
=-9.584/( ( 0.029 + 0.027 )/ 2 )
=-9.584/0.028
=-34,228.57 %

where Working Capital is:

Working Capital(Q: Jun. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.321 + 0.307 + 0.065) - (5.908 + 0.542 + 2.308)
=-8.065

Working Capital(Q: Sep. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.296 + 0.211 + 0.041) - (6.437 + 0.33 + 2.579)
=-8.798

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Sep. 2023) EBIT data.

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

Dais's Operating Margin % for the quarter that ended in Sep. 2023 is calculated as:

Operating Margin %=Operating Income (Q: Sep. 2023 )/Revenue (Q: Sep. 2023 )
=-2.41/0.713
=-338.01 %

* 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.


Dais Operating Income Related Terms

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Dais (DLYT) Business Description

Traded in Other Exchanges
N/A
Address
11552 Prosperous Drive, Odessa, FL, USA, 33556
Dais Corp is a us-based nano-structured polymer technology materials company. Business activity of the firm includes development and distribution of nanotechnology-based applications for heating, cooling, water treatment, and energy storage. It offers ConsERV product, which is a fixed plate energy recovery ventilator. In addition, it is developing other nano-structured polymer technology applications, including NanoClear, a water clean-up process useful in the creation of potable water from contaminated water, including industrial process wastewater, sea, brackish or wastewater, and NanoAir, a water-based, no fluorocarbon-based, refrigerant dehumidification, humidification, heating and cooling system.
Executives
Robert Schwartz director 11552 PROSPEROUS DRIVE, ODESSA FL 33556
Mccollum Ira William Jr. director 11552 PROSPEROUS DRIVE, ODESSA FL 33556
Thomas E Tuner director 11552 PROSPEROUS DRIVE, ODESSA FL 33556
Judith M Cortina officer: Treasurer
Eliza X Wang director 11552 PROSPEROUS DRIVE, ODESSA FL 33556
Soex (hong Kong) Industry & Investment Co., Ltd. 10 percent owner ROOM 11-2-1103 11/F KOWLOON BLDG 555, NATHAN ROAD, MONGKOK KL K3 00000
Conner-boyd Joyce Collette officer: Chief Operating Officer 11452 PEMBROOK RUN, ESTERO FL 33928
Leonard Samuels 10 percent owner
Judith Carolyn Norstrud officer: CFO and Treasurer 15837 TRACKSIDE DRIVE, ODESSA FL 33556
David Longacre officer: VP of Sales and Marketing 4104 WEST MCKAY AVENUE, TAMPA FL 33609
Michael M Gostomski 10 percent owner
Harold Mandelbaum officer: CFO & Treasurer 315 EAST 70TH STREET #1E, NEW YORK NY 10021
Patricia Kelly Tangredi 10 percent owner 10416 PONTOFINO CIRCLE, TRINITY FL 34655
Timothy Tangredi director, 10 percent owner, officer: President & CEO 10416 PONTOFINO CIRCLE, TRINITY FL 34655
Linda Ehrenberg other: Spouse of Scott G. Ehenberg 1140 BAYTOWN DRIVE APT. 17, CHAMPAGNE IL 61822

Dais (DLYT) Headlines

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