GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Nauticus Robotics Inc (NAS:KITT) » Definitions » Operating Income

Nauticus Robotics (Nauticus Robotics) Operating Income : $-27.99 Mil (TTM As of Mar. 2024)


View and export this data going back to 2022. Start your Free Trial

What is Nauticus Robotics Operating Income?

Nauticus Robotics's Operating Income for the three months ended in Mar. 2024 was $-5.55 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2024 was $-27.99 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Nauticus Robotics's Operating Income for the three months ended in Mar. 2024 was $-5.55 Mil. Nauticus Robotics's Revenue for the three months ended in Mar. 2024 was $0.46 Mil. Therefore, Nauticus Robotics's Operating Margin % for the quarter that ended in Mar. 2024 was -1,195.91%.

Nauticus Robotics'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. Nauticus Robotics's annualized ROC % for the quarter that ended in Mar. 2024 was -105.85%. Nauticus Robotics's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 67.13%.


Nauticus Robotics Operating Income Historical Data

The historical data trend for Nauticus Robotics'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.

Nauticus Robotics Operating Income Chart

Nauticus Robotics Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Operating Income
-8.74 -6.52 -18.36 -28.27

Nauticus Robotics Quarterly Data
Dec20 Mar21 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 -5.82 -6.87 -8.20 -7.38 -5.55

Nauticus Robotics 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 $-27.99 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.


Nauticus Robotics  (NAS:KITT) Operating Income Explanation

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

Nauticus Robotics'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 )
=-22.196 * ( 1 - 0% )/( (21.933 + 20.004)/ 2 )
=-22.196/20.9685
=-105.85 %

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:

Nauticus Robotics'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 )
=11.468/( ( (16.74 + max(-9.369, 0)) + (17.428 + max(-8.042, 0)) )/ 2 )
=11.468/( ( 16.74 + 17.428 )/ 2 )
=11.468/17.084
=67.13 %

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)
=(0.212 + 2.199 + 5.362) - (12.381 + 2.768 + 1.993)
=-9.369

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.157 + 2.215 + 3.258) - (11.638 + 0.478 + 1.556)
=-8.042

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 %:

Nauticus Robotics'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 )
=-5.549/0.464
=-1,195.91 %

* 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.


Nauticus Robotics Operating Income Related Terms

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


Nauticus Robotics (Nauticus Robotics) Business Description

Traded in Other Exchanges
Address
17146 Feathercraft Lane, Suite 450, Webster, TX, USA, 77598
Nauticus Robotics Inc is a developer of ocean robots, cloud software, and services delivered in a modern business model to the ocean industry. The company generates revenue through engineering service contracts, with both government and commercial customers, to a company that performs subsea robotic services through various technology-based products. Nauticus' products and services will be delivered to commercial and government-facing customers through a Robotics as a Service ("RaaS") business model and direct product sales for both hardware platforms and software licenses. The RaaS revenue model emulates the Software as a Service revenue model, which is commonly used for consumer and business software licensing.
Executives
Nicolaus Radford director, officer: Chief Executive Officer C/O NAUTICUS ROBOTICS, INC., 17146 FEATHER CRAFT LN #450, WEBSTER TX 77598
Donnelly A. Bohan officer: Chief Operating Officer C/O NAUTICUS ROBOTICS, INC., 17146 FEATHER CRAFT LN #450, WEBSTER TX 77598
John Yamokoski officer: Chief Technology Officer C/O NAUTICUS ROBOTICS, INC., 17146 FEATHER CRAFT LN #450, WEBSTER TX 77598
Nicholas J. Bigney officer: General Counsel 15710 ELKINS CREEK COURT, HOUSTON TX 77044
Lisa J. Porter director C/O NAUTICUS ROBOTICS, INC., 17146 FEATHER CRAFT LN #450, WEBSTER TX 77598
Gibson John W Jr director, officer: President 10603 W. SAM HOUSTON PKWY N., SUITE 300, HOUSTON TX 77064
William Flores director 25 BEACON HILL, SUGAR LAND TX 77479
Transocean Inc 10 percent owner 4 GREENWAY PLAZA, HOUSTON TX 77046
Tommy W Matura officer: Vice President of Accounting 101 COURAGEOUS DRIVE, LEAGUE CITY TX 77573
Transocean Ltd. 10 percent owner TURMSTRASSE 30, STEINHAUSEN V8 6312
Dilshad Kasmani officer: Chief LAO C/O NAUTICUS ROBOTICS, INC., 17146 FEATHER CRAFT LN #450, WEBSTER TX 77598
B.v. Schlumberger 10 percent owner 5599 SAN FELIPE, 17TH FLOOR, HOUSTON TX 77056
Schlumberger Holdings Corp 10 percent owner 5599 SAN FELIPE, 17TH FLOOR, HOUSTON TX 77056
Schlumberger Technology Corp 10 percent owner 300 SCHLUMBERGER DRIVE, MD 23, SUGAR LAND TX 77478
Limited/nv Schlumberger 10 percent owner 5599 SAN FELIPE, 17TH FLOOR, HOUSTON TX 77056