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Laird Superfood (Laird Superfood) Operating Income : $-7.49 Mil (TTM As of Mar. 2024)


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What is Laird Superfood Operating Income?

Laird Superfood's Operating Income for the three months ended in Mar. 2024 was $-1.09 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2024 was $-7.49 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Laird Superfood's Operating Income for the three months ended in Mar. 2024 was $-1.09 Mil. Laird Superfood's Revenue for the three months ended in Mar. 2024 was $9.91 Mil. Therefore, Laird Superfood's Operating Margin % for the quarter that ended in Mar. 2024 was -10.99%.

Good Sign:

Laird Superfood Inc operating margin is expanding. Margin expansion is usually a good sign.

Laird Superfood's 5-Year average Growth Rate for Operating Margin % was 14.80% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Laird Superfood's annualized ROC % for the quarter that ended in Mar. 2024 was -74.47%. Laird Superfood's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -89.05%.


Laird Superfood Operating Income Historical Data

The historical data trend for Laird Superfood'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.

Laird Superfood Operating Income Chart

Laird Superfood Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Operating Income
Get a 7-Day Free Trial -8.70 -12.93 -23.94 -23.95 -10.70

Laird Superfood 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 -4.30 -3.66 -2.79 0.05 -1.09

Laird Superfood 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 $-7.49 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.


Laird Superfood  (AMEX:LSF) Operating Income Explanation

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

Laird Superfood'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 )
=-4.356 * ( 1 - -3.99% )/( (6.229 + 5.937)/ 2 )
=-4.5298044/6.083
=-74.47 %

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:

Laird Superfood'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 )
=-4.356/( ( (0.477 + max(4.534, 0)) + (0.426 + max(4.346, 0)) )/ 2 )
=-4.356/( ( 5.011 + 4.772 )/ 2 )
=-4.356/4.8915
=-89.05 %

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)
=(1.022 + 6.323 + 1.426) - (4.237 + 0 + 0)
=4.534

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(2.065 + 5.633 + 1.257) - (4.609 + 0 + 0)
=4.346

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 %:

Laird Superfood'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 )
=-1.089/9.909
=-10.99 %

* 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.


Laird Superfood Operating Income Related Terms

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Laird Superfood (Laird Superfood) Business Description

Traded in Other Exchanges
N/A
Address
5303 Spine Road, Suite 204, Boulder, CO, USA, 80301
Laird Superfood Inc is engaged in the business of manufacturing and marketing differentiated plant-based and functional foods. The product portfolio includes Coffee creamers, Hydration products and beverage-enhancing supplements, Harvest snacks and other food items, and Coffee, tea, and hot chocolate products.
Executives
Anna Hamill officer: Chief Financial Officer C/O LAIRD SUPERFOOD, INC., 275 W. LUNDGREN MILL DRIVE, SISTERS OR 97759
Steven L Richie officer: General Counsel and Secretary 44111 NOBEL DRIVE, FREMONT CA 94538
Andrew Judd officer: Chief Commercial Officer 275 W. LUNDGREN MILL DRIVE, SISTERS OR 97759
Gregory B Graves director 129 CONCORD ROAD, BILLERICA MA 01821
Jason D. Vieth director, officer: Chief Executive Officer C/O SOVOS BRANDS, INC., 168 CENTENNIAL PARKWAY, SUITE 200, LOUISVILLE CO 80027
Grant J Lamontagne director 1221 BROADWAY, OAKLAND CA 94612
Patrick Gaston director C/O BED BATH & BEYOND INC., 650 LIBERTY AVENUE, UNION NJ 07083
Paul Jr. Hodge director, officer: Chief Executive Officer C/O LAIRD SUPERFOOD, INC., 275 W. LUNDGREN MILL DRIVE, SISTERS OR 97759
Scott Mcguire officer: Chief Operating Officer C/O LAIRD SUPERFOOD, INC., 275 W. LUNDGREN MILL DRIVE, SISTERS OR 97759
Andrew J. Mccormick officer: General Counsel and Secretary C/O LAIRD SUPERFOOD, INC., 275 W. LUNDGREN MILL DRIVE, SISTERS OR 97759
Valerie Ells officer: Chief Financial Officer C/O LAIRD SUPERFOOD, INC., 275 W. LUNDGREN MILL DRIVE, SISTERS OR 97759
Laird Hamilton director, officer: Chief Innovator C/O LAIRD SUPERFOOD, INC., 275 W. LUNDGREN MILL DRIVE, SISTERS OR 97759
S.a. Danone 10 percent owner 17, BOULEVARD HAUSSMANN, PARIS I0 75009
Danone Manifesto Ventures, Pbc 10 percent owner 12 WEST 21ST STREET, 12TH FLOOR, NEW YORK NY 10010
Jim Buechler director C/O LAIRD SUPERFOOD, INC., 275 W. LUNDGREN MILL DRIVE, SISTERS OR 97759