GURUFOCUS.COM » STOCK LIST » Technology » Software » SpringBig Holdings Inc (OTCPK:SBIG) » Definitions » Operating Income

SpringBig Holdings (SpringBig Holdings) Operating Income : $-6.89 Mil (TTM As of Mar. 2024)


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

What is SpringBig Holdings Operating Income?

SpringBig Holdings's Operating Income for the three months ended in Mar. 2024 was $-0.28 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2024 was $-6.89 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. SpringBig Holdings's Operating Income for the three months ended in Mar. 2024 was $-0.28 Mil. SpringBig Holdings's Revenue for the three months ended in Mar. 2024 was $6.47 Mil. Therefore, SpringBig Holdings's Operating Margin % for the quarter that ended in Mar. 2024 was -4.36%.

SpringBig Holdings'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. SpringBig Holdings's annualized ROC % for the quarter that ended in Mar. 2024 was -12.39%. SpringBig Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 257.37%.


SpringBig Holdings Operating Income Historical Data

The historical data trend for SpringBig Holdings'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.

SpringBig Holdings Operating Income Chart

SpringBig Holdings Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Operating Income
-2.33 -1.60 -6.53 -16.30 -8.34

SpringBig Holdings Quarterly Data
Dec19 Dec20 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 -1.73 -1.77 -2.69 -2.15 -0.28

SpringBig Holdings 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 $-6.89 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.


SpringBig Holdings  (OTCPK:SBIG) Operating Income Explanation

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

SpringBig Holdings'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 )
=-1.128 * ( 1 - 0% )/( (10.177 + 8.035)/ 2 )
=-1.128/9.106
=-12.39 %

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:

SpringBig Holdings'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 )
=5.168/( ( (0.66 + max(-4.509, 0)) + (3.356 + max(-2.162, 0)) )/ 2 )
=5.168/( ( 0.66 + 3.356 )/ 2 )
=5.168/2.008
=257.37 %

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)
=(3.69 + 0 + 0.893) - (4.034 + 4.676 + 0.382)
=-4.509

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(4.005 + 0 + 0.588) - (2.405 + 3.948 + 0.402)
=-2.162

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 %:

SpringBig Holdings'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 )
=-0.282/6.474
=-4.36 %

* 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.


SpringBig Holdings Operating Income Related Terms

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


SpringBig Holdings (SpringBig Holdings) Business Description

Traded in Other Exchanges
N/A
Address
621 North West 53rd Street, Suite 250, Boca Raton, FL, USA, 33487
SpringBig Holdings Inc is a software platform providing customer loyalty and marketing automation solutions to cannabis retailers and brands in the U.S. and Canada. The company's platform connects consumers with retailers and brands, through SMS marketing, emails, customer feedback system, and loyalty programs, to support retailers' and brands' customer engagement and retention.
Executives
Paul Sykes officer: Chief Financial Officer 621 NW 53RD STREET, SUITE 250, BOCA RATON FL 33487
Jeffrey Todd Harris director, 10 percent owner, officer: Chief Executive Officer 621 NW 53RD STREET, SUITE 260, BOCA RATON FL 33487
Steven E Bernstein director C/O SBA COMMUNICATIONS CORP, ONE TOWN CENTER ROAD - THIRD FLOOR, BOCO RATON FL 83486
Jonathan Trauben director 621 NW 53RD STREET, SUITE 250, BOCA RATON FL 33487
Patricia Glassford director 621 NW 53RD STREET, SUITE 250, BOCA RATON FL 33487
Philip Schwarz director C/O CORAZON CAPITAL, 1322 WEST HENDERSON STREET, CHICAGO IL 60657
Tuatara Capital Fund Ii, L.p. 10 percent owner 12 EAST 44TH STREET, 8FL, NEW YORK NY 10017
Medici Holdings V, Inc. 10 percent owner 621 NW 53RD STREET, SUITE 250, BOCA RATON FL 33487
Amanda Lannert director 621 NW 53RD STREET, SUITE 250, BOCA RATON FL 33487
Navin Anand officer: Chief Technology Officer 621 NW 53RD STREET, SUITE 250, BOCA RATON FL 33487
Tcac Sponsor, Llc 10 percent owner TUATARA CAPITAL, L.P., 655 THIRD AVENUE, 8TH FL, NEW YORK NY 10017
Mark Zittman director, officer: Chief Operating Officer TUATARA CAPITAL, L.P., 655 THIRD AVENUE, 8TH FL, NEW YORK NY 10017
Sergey Sherman officer: Chief Financial Officer TUATARA CAPITAL, L.P., 655 THIRD AVENUE, 8TH FL, NEW YORK NY 10017
Albert John Foreman director, officer: Chief Executive Officer TUATARA CAPITAL, L.P., 655 THIRD AVENUE, 8TH FL, NEW YORK NY 10017
Aris Kekedjian director 655 THIRD AVENUE, 8TH FLOOR, 10017 NY 10017

SpringBig Holdings (SpringBig Holdings) Headlines