Real Brands (Real Brands) Operating Income : $-0.67 Mil (TTM As of Mar. 2024)

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What is Real Brands Operating Income?

Real Brands's Operating Income for the three months ended in Mar. 2024 was $-0.14 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2024 was $-0.67 Mil.

Warning Sign:

Real Brands Inc has never been profitable in the past 3 years. It lost money every year.

Operating Margin % is calculated as Operating Income divided by its Revenue. Real Brands's Operating Income for the three months ended in Mar. 2024 was $-0.14 Mil. Real Brands's Revenue for the three months ended in Mar. 2024 was $0.00 Mil. Therefore, Real Brands's Operating Margin % for the quarter that ended in Mar. 2024 was %.

Real Brands'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. Real Brands's annualized ROC % for the quarter that ended in Mar. 2024 was -24.39%. Real Brands's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -50.70%.

Real Brands Operating Income Historical Data

The historical data trend for Real Brands'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.

Real Brands Operating Income Chart

Real Brands Annual Data

Trend

Dec02

Dec03

Dec04

Dec05

Dec06

Dec07

Dec20

Dec21

Dec22

Dec23

Operating Income

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-0.76

-6.24

-2.48

-0.87

-1.27

Real Brands Quarterly Data
	Sep07	Dec07	Mar08	Jun08	Sep08	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Operating Income	Get a 7-Day Free Trial															-0.74	-0.18	-0.22	-0.14	-0.14

Real Brands 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 $-0.67 Mil.

Real Brands (OTCPK:RLBD) Operating Income Explanation

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

Real Brands'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 )
=	-0.54 * ( 1 - 0% )	/	( (2.224	+	2.204)	/ 2 )
=	-0.54	/	2.214
=	-24.39 %

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	))
=	1.28	-	1.482	-	( 0.079	-	max(0, 2.505	-	0.079	+	0.079	))
=	2.224

	Invested Capital		(Q: Mar. 2024 )
=	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	))
=	1.203	-	1.548	-	( 0.022	-	max(0, 2.571	-	0.022	+	0.022	))
=	2.204

Note: The Operating Income data used here is four times the quarterly (Mar. 2024) data.

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

Real Brands'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 )
=	-0.54	/	( ( (1.075 + max(-1.527, 0))	+	(1.055 + max(-1.593, 0)) )	/	2 )
=	-0.54	/	( ( 1.075	+	1.055 )	/	2 )
=	-0.54	/	1.065
=	-50.70 %

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	+	0	+	0)	-	(1.482	+	0	+	0.045)
=	-1.527

	Working Capital		(Q: Mar. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0)	-	(1.548	+	0	+	0.045)
=	-1.593

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 %:

Real Brands'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 )
	=	-0.135	/	0
	=	%

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.

Real Brands Operating Income Related Terms

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

Real Brands (Real Brands) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Real Brands Inc (OTCPK:RLBD) » Definitions » Operating Income

Comparable Companies

Traded in Other Exchanges

N/A

Address

12 Humbert Street, North Providence, RI, USA, 02991

Website

https://www.realbrandsusa.com

Real Brands Inc is a brand-building company in the legal hemp and cannabis industry. Its brand includes CBD Pharmacy, Omega Hemp, Hempaid, and Humboldt among others. The company sells its hemp-based products to the wholesale and retail markets.

Executives

James Wells Dobbins	director	5201 INTERCHANGE WAY, LOUISVILLE KY 40229
Thomas Kidrin	officer: President and CEO	11 ROYAL ROAD, BROOKLINE MA 02445
Christopher John Ryan	officer: CFO	11 ROYAL RD, BROOKLINE MA 02445
Leonard Toboroff	director	39 N MOORE ST, STE 6B, NEW YORK NY 10013
Peter N Christos	director
Turning Point Brands, Inc.	10 percent owner	5201 INTERCHANGE WAY, LOUISVILLE KY 40229
Brett S. Spitalny	officer: Chief Operating Officer	2 SOUTH UNIVERSITY DRIVE, SUITE 220, PLANTATION FL 33324
Jerry Pearring	director, officer: President & CEO	2 SOUTH UNIVERSITY DRIVE, SUITE 220, PLANTATION FL 33324
Ross E Silvey	director	7633 EAST 63RD PLACE, #220, TULSA OK 74133
Terry J Turner	director	7633 EAST 63RD PLACE, #220, TULSA OK 74133
Bernie Gurr	officer: Chief Financial Officer	32751 MATTHEW DRIVE, DANA POINT CA 92629
Bruce Macgregor	officer: Chief Executive Officer, Pres.	5092 RHOADS AVENUE UNIT A, SANTA BARBARA CA 93111
Ken Wiedrich	director	43180 BUSINESS PARK DRIVE SUITE 202, TEMECULA CA 92590