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Agilyx ASA (OSL:AGLX) Operating Income : kr-168.95 Mil (TTM As of Dec. 2023)


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What is Agilyx ASA Operating Income?

Agilyx ASA's Operating Income for the six months ended in Dec. 2023 was kr-51.57 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2023 was kr-168.95 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Agilyx ASA's Operating Income for the six months ended in Dec. 2023 was kr-51.57 Mil. Agilyx ASA's Revenue for the six months ended in Dec. 2023 was kr-23.74 Mil. Therefore, Agilyx ASA's Operating Margin % for the quarter that ended in Dec. 2023 was 217.24%.

Agilyx ASA'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. Agilyx ASA's annualized ROC % for the quarter that ended in Dec. 2023 was -14.16%. Agilyx ASA's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -252.20%.


Agilyx ASA Operating Income Historical Data

The historical data trend for Agilyx ASA'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.

Agilyx ASA Operating Income Chart

Agilyx ASA Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Operating Income
- -58.27 -147.82 -162.09 -166.26

Agilyx ASA Semi-Annual Data
Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Operating Income Get a 7-Day Free Trial -73.75 -108.00 -52.63 -117.39 -51.57

Agilyx ASA 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 semi-annually data reported by the company within the most recent 12 months, which was kr-168.95 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.


Agilyx ASA  (OSL:AGLX) Operating Income Explanation

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

Agilyx ASA'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: Jun. 2023 ) + Invested Capital (Q: Dec. 2023 ))/ count )
=-103.13 * ( 1 - 0% )/( (191.29 + 1265.316)/ 2 )
=-103.13/728.303
=-14.16 %

where

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))
=1374.597 - 19.316 - ( 89.965 - max(0, 31.522 - 127.173+89.965))
=1265.316

Note: The Operating Income data used here is two times the semi-annual (Dec. 2023) data.

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

Agilyx ASA'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: Jun. 2023  Q: Dec. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-125.412/( ( (79.494 + max(-96.476, 0)) + (17.09 + max(2.869, 0)) )/ 2 )
=-125.412/( ( 79.494 + 19.959 )/ 2 )
=-125.412/49.7265
=-252.20 %

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)
=(4.632 + 24.896 + 3.477) - (67.186 + 0 + 62.295)
=-96.476

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.939 + 0 + 30.994) - (19.316 + 0 + 9.748)
=2.869

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Dec. 2023) EBIT data.

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

Agilyx ASA'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 )
=-51.565/-23.736
=217.24 %

* 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.


Agilyx ASA Operating Income Related Terms

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Agilyx ASA (OSL:AGLX) Business Description

Traded in Other Exchanges
Address
13240 SW Wall Street, Tigard, NOR, Oregon
Agilyx ASA is a developer of conversion technologies across the value chain intended to offer two molecular recycling product pathways enabling a circular economy for polystyrene and polymethyl methacrylate. The company offers waste sourcing and processing, thereby helping the entire plastic recycling market to convert recycled waste plastics into valuable resources such as oils and chemical substrate products.

Agilyx ASA (OSL:AGLX) Headlines

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