Network-1 Technologies (Network-1 Technologies) Operating Income : $-2.24 Mil (TTM As of Dec. 2023)

View and export this data going back to 1998. Start your Free Trial

What is Network-1 Technologies Operating Income?

Network-1 Technologies's Operating Income for the three months ended in Dec. 2023 was $-0.05 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2023 was $-2.24 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Network-1 Technologies's Operating Income for the three months ended in Dec. 2023 was $-0.05 Mil. Network-1 Technologies's Revenue for the three months ended in Dec. 2023 was $1.78 Mil. Therefore, Network-1 Technologies's Operating Margin % for the quarter that ended in Dec. 2023 was -2.86%.

Network-1 Technologies'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. Network-1 Technologies's annualized ROC % for the quarter that ended in Dec. 2023 was -3.60%. Network-1 Technologies's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -1,275.00%.

Network-1 Technologies Operating Income Historical Data

The historical data trend for Network-1 Technologies'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.

Network-1 Technologies Operating Income Chart

Network-1 Technologies Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Operating Income

Get a 7-Day Free Trial

-2.35

-2.41

19.59

-3.90

-2.24

Network-1 Technologies Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Operating Income	Get a 7-Day Free Trial															-1.33	-0.78	-0.55	-0.86	-0.05

Network-1 Technologies 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-2.24 Mil.

Network-1 Technologies (AMEX:NTIP) Operating Income Explanation

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

Network-1 Technologies's annualized ROC % for the quarter that ended in Dec. 2023 is calculated as:

	ROC % (Q: Dec. 2023 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Sep. 2023 )	+	Invested Capital (Q: Dec. 2023 ))	/ count )
=	-0.204 * ( 1 - -20.89% )	/	( (7.063	+	6.627)	/ 2 )
=	-0.2466156	/	6.845
=	-3.60 %

where

	Invested Capital		(Q: Sep. 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	))
=	51.957	-	0.627	-	( 44.568	-	max(0, 0.65	-	44.917	+	44.568	))
=	7.063

	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	))
=	52.277	-	0.8	-	( 45.467	-	max(0, 0.823	-	45.673	+	45.467	))
=	6.627

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

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

Network-1 Technologies's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Dec. 2023 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Sep. 2023		Q: Dec. 2023
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-0.204	/	( ( (0.016 + max(-0.278, 0))	+	(0.016 + max(-0.594, 0)) )	/	2 )
=	-0.204	/	( ( 0.016	+	0.016 )	/	2 )
=	-0.204	/	0.016
=	-1,275.00 %

where Working Capital is:

	Working Capital		(Q: Sep. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0.349)	-	(0.627	+	0	+	0)
=	-0.278

	Working Capital		(Q: Dec. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0.206)	-	(0.8	+	0	+	-1.1102230246252E-16)
=	-0.594

When net working capital is negative, 0 is used.

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

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

Network-1 Technologies's Operating Margin % for the quarter that ended in Dec. 2023 is calculated as:

Operating Margin %	=	Operating Income (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	-0.051	/	1.781
	=	-2.86 %

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.

Network-1 Technologies Operating Income Related Terms

Thank you for viewing the detailed overview of Network-1 Technologies's Operating Income provided by GuruFocus.com. Please click on the following links to see related term pages.

Network-1 Technologies (Network-1 Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Network-1 Technologies Inc (AMEX:NTIP) » Definitions » Operating Income

Comparable Companies

Traded in Other Exchanges

6LK:Germany

Address

65 Locust Avenue, Suite 912, New Canaan, CT, USA, 06840

Website

https://www.network-1.com

Network-1 Technologies Inc is involved in the business of the development, licensing, and protection of intellectual property rights. The company's current strategy includes continuing to pursue licensing opportunities for its intellectual property assets.

Executives

Robert Michael Mahan	officer: Chief Financial Officer	87 MADISON AVENUE, #433, PARK RIDGE NJ 07656
Steven D. Heinemann	10 percent owner	C/O GOOSE HILL CAPITAL, 546 FIFTH AVENUE, 14TH FLOOR, NEW YORK NY 10036
Jonathan M Greene	officer: Executive Vice President	23 TOPAZ LANE, TRUMBULL CT 06611
Niv Harizman	director	SAWGRASS CORPORATE INDUSTRIAL PARK, 14000 NW 4TH ST, SUNRISE FL 33325
Allison C Hoffman	director	315 EAST 68TH STREET, NEW YORK NY 10065
Emanuel R Pearlman	director	250 EAST 79TH STREET, NEW YORK NY 10075
Hound Partners Offshore Fund, Lp	10 percent owner	C/O HOUND PARTNERS, LLC, 101 PARK AVENUE, 48TH FLOOR, NEW YORK NY 10178
Hound Partners, Llc	10 percent owner	101 PARK AVENUE, 48TH FLOOR, NEW YORK NY 10178
Hound Performance, Llc	10 percent owner	101 PARK AVENUE, 48TH FLOOR, NEW YORK NY 10178
Auerbach Jonathan A G	10 percent owner	215 E 73RD STREET, NEW YORK NY 10021
Laurent Ohana	director	575 LEXINGTON AVENUE, SUITE 400, NEW YORK NY 10022
Woodland Services Corp	10 percent owner
Marilyn Rubenstein	10 percent owner
Jonathan Lieber	10 percent owner	80 CUTTERMILL ROAD STE 311, GREAT NECKK NY 11201
Barry Rubenstein	10 percent owner	68 WHEATLEY RD, BROOKVILLE NY 11545