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F45 Training Holdings (F45 Training Holdings) Operating Income : $-127.41 Mil (TTM As of Jun. 2023)


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What is F45 Training Holdings Operating Income?

F45 Training Holdings's Operating Income for the three months ended in Jun. 2023 was $-15.53 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Jun. 2023 was $-127.41 Mil.

Warning Sign:

F45 Training Holdings Inc had lost money in 83% of the time over the past 12quarters.

Operating Margin % is calculated as Operating Income divided by its Revenue. F45 Training Holdings's Operating Income for the three months ended in Jun. 2023 was $-15.53 Mil. F45 Training Holdings's Revenue for the three months ended in Jun. 2023 was $17.04 Mil. Therefore, F45 Training Holdings's Operating Margin % for the quarter that ended in Jun. 2023 was -91.13%.

F45 Training Holdings'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. F45 Training Holdings's annualized ROC % for the quarter that ended in Jun. 2023 was -77.05%. F45 Training Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2023 was -321.09%.


F45 Training Holdings Operating Income Historical Data

The historical data trend for F45 Training 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.

F45 Training Holdings Operating Income Chart

F45 Training Holdings Annual Data
Trend Dec19 Dec20 Dec21 Dec22
Operating Income
13.58 -5.16 -95.78 -119.53

F45 Training Holdings Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
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 -35.06 -34.01 -58.10 -19.78 -15.53

F45 Training 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 Jun. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-127.41 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.


F45 Training Holdings  (OTCPK:FXLV) Operating Income Explanation

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

F45 Training Holdings's annualized ROC % for the quarter that ended in Jun. 2023 is calculated as:

ROC % (Q: Jun. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Mar. 2023 ) + Invested Capital (Q: Jun. 2023 ))/ count )
=-62.1 * ( 1 - -0.9% )/( (83.52 + 79.121)/ 2 )
=-62.6589/81.3205
=-77.05 %

where

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

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

F45 Training Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2023 is calculated as:

ROC (Joel Greenblatt) %(Q: Jun. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2023  Q: Jun. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-73.824/( ( (23.57 + max(-10.523, 0)) + (22.414 + max(-5.261, 0)) )/ 2 )
=-73.824/( ( 23.57 + 22.414 )/ 2 )
=-73.824/22.992
=-321.09 %

where Working Capital is:

Working Capital(Q: Mar. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(4.101 + 43.058 + 9.332) - (49.526 + 14.19 + 3.298)
=-10.523

Working Capital(Q: Jun. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(5.129 + 43.533 + 9.008) - (46.243 + 14.317 + 2.371)
=-5.261

When net working capital is negative, 0 is used.

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

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

F45 Training Holdings's Operating Margin % for the quarter that ended in Jun. 2023 is calculated as:

Operating Margin %=Operating Income (Q: Jun. 2023 )/Revenue (Q: Jun. 2023 )
=-15.525/17.036
=-91.13 %

* 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.


F45 Training Holdings Operating Income Related Terms

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F45 Training Holdings (F45 Training Holdings) Business Description

Traded in Other Exchanges
N/A
Address
3601 South Congress Avenue, Building E, Austin, TX, USA, 78704
F45 Training Holdings Inc is a fitness franchisor in the United States. The company is focused on creating a fitness training and lifestyle brand. The group offers consumers functional 45-minute workouts that are effective, fun, and community-driven.
Executives
Richard Alan Monje director 111 WEST 33RD STREET, SUITE 1910, NEW YORK NY 10120
Ryan Mayes officer: Chief Operating Officer 3601 SOUTH CONGRESS AVENUE, BUILDING E, AUSTIN TX 78704
Anthony Pasqua director 225 LIBERTY STREET, SUITE 4210, NEW YORK NY 10281
James Feltman director 3601 SOUTH CONGRESS AVENUE, BUILDING E, AUSTIN TX 78704
Thomas Dowd officer: Chief Executive Officer 300 SIXTH AVENUE, PITTSBURGH PA 15222
Timothy J Bernlohr director 90 EAST HALSEY RD., PARSIPPANY NJ 07054
Raphael Wallander director 3601 SOUTH CONGRESS AVENUE, BUILDING E, AUSTIN TX 78704
Lisa A Gavales director C/O EXPRESS PARENT LLC, ONE LIMITED PARKWAY, COLUMBUS OH 43230
Robert L Madore officer: Chief Financial Officer C/O RALPH LAUREN CORPORATION, 650 MADISON AVENUE, NEW YORK NY 10022
Steven D Scheiwe director 1741 EDGEFIELD LANE, ENCINITAS CA 92024
Eugene I Davis director 8540 GANDER CREEK DRIVE, MIAMISBURG OH 45342
Kennedy Lewis Capital Partners Master Fund Ii Lp director, 10 percent owner 111 WEST 33RD STREET, SUITE 1910, NEW YORK NY 10120
Mark Wahlberg director C/O CORTINA BUSINESS MANAGEMENT, INC., PO BOX 610287, NEWTON MA 02461
Vanessa Douglas director 3601 SOUTH CONGRESS AVENUE, BUILDING E, AUSTIN TX 78704
Luke Armstrong officer: Chief Revenue Officer 801 BARTON SPRINGS RD., 9TH FLOOR, AUSTIN TX 78704

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