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Vnue (VNUE) Operating Income : $-1.43 Mil (TTM As of Dec. 2023)


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What is Vnue Operating Income?

Vnue's Operating Income for the three months ended in Dec. 2023 was $-0.49 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2023 was $-1.43 Mil.

Warning Sign:

Vnue 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. Vnue's Operating Income for the three months ended in Dec. 2023 was $-0.49 Mil. Vnue's Revenue for the three months ended in Dec. 2023 was $0.10 Mil. Therefore, Vnue's Operating Margin % for the quarter that ended in Dec. 2023 was -481.19%.

Good Sign:

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

Vnue's 5-Year average Growth Rate for Operating Margin % was 5.90% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Vnue's annualized ROC % for the quarter that ended in Dec. 2023 was -55.92%. Vnue's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was %.


Vnue Operating Income Historical Data

The historical data trend for Vnue'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.

Vnue Operating Income Chart

Vnue Annual Data
Trend May14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Operating Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.20 -0.59 -0.99 -17.56 -1.41

Vnue 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 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 -0.55 -0.31 -0.38 -0.25 -0.49

Vnue 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 $-1.43 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.


Vnue  (OTCPK:VNUE) Operating Income Explanation

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

Vnue'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 )
=-1.944 * ( 1 - 0% )/( (3.491 + 3.462)/ 2 )
=-1.944/3.4765
=-55.92 %

where

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

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

Vnue'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 )
=0.124/( ( (0 + max(-5.157, 0)) + (0 + max(-4.776, 0)) )/ 2 )
=0.124/( ( 0 + 0 )/ 2 )
=0.124/0
= %

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) - (3.467 + 0.715 + 0.975)
=-5.157

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0) - (3.145 + 0.656 + 0.975)
=-4.776

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 %:

Vnue'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 )
=-0.486/0.101
=-481.19 %

* 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.


Vnue Operating Income Related Terms

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


Vnue (VNUE) Business Description

Traded in Other Exchanges
N/A
Address
104 West 29th Street, 11th Floor, New York, NY, USA, 10001
Vnue Incis a music technology company that utilizes its platforms to record live concerts and commercializes the content by making the content immediately available for purchase through its website and the website at Set.fm, a technology platform that enables musical artists to capture, promote and sell high-fidelity recordings instantly. Its technology provides an income source to artists and records labels from the recorded content. Additionally, it offers high-end collectible products such as CDs, USB drives, and laminates, which feature its fully mixed and mastered live concert content, through its exclusive partner DiscLive Network (the dba of RockHouse Live Media Productions, Inc).
Executives
Jake P. Noch 10 percent owner 1978 GULF SHORE BLVD, SOUTH NAPLES FL 34102
Zach Bair director, 10 percent owner, officer: CEO 104 W. 29TH STREET, 11TH FLOOR, NEW YORK NY 10001
Christopher L. Mann 10 percent owner 700 MARR STREET, VENICE CA 90291
Howard Collin director, officer: CFO 239 ANVIL WAY, BALTIMORE MD 21212
Matthew P. Carona director, 10 percent owner, officer: CEO 296 PINE CONE LN, LUDLOW MA 01056
Brad Evans director 580 HORNBY STREET, SUITE 440, VANCOUVER A1 V6C3B6
Andrew Grant Gasmier director SUITE 440, 580 HORNBY STREET, VANCOUVER A1 V6C 3B5
Allister Blyth officer: CFO 1C HAZEL STREET, COMO, WESTERN AUSTRALIA C3 6152
Benjamin Auld director SUITE 21, 22 RAILWAY ROAD, SUBIACO, WA C3 6008
Simon Eley director, officer: President and CEO UNIT 21, 22 RAILWAY ROAD, SUBIALO C3 6008
Six Fingers Pty Ltd. As Trustee For Six Fingers Discretionary Trust other: Former 10% holder SUITE 21, 22 RAILWAY RD., SUBIACO, WA C3 6008
Karim Lalani officer: Corporate Secretary 144(B) WEST 16TH STREET, NORTH VANCOUVER A1 V7M 1T5
Christopher Robin Relph director, officer: Chairman and CFO #415 NEBRUCK HOUSE, OLDE TOWNE AT SANDYPORT, WEST BAY STREET, NASSAU C5 V6K 4S1
Smart Train Australian Pty Ltd. 10 percent owner UNIT 21/22 RAILWAY ROAD, SUBIACO C3 WA 6008
Bc & N Pollard Atf Geovet Family Trust 10 percent owner PO BOX 964, WEST PERTH C3 WA 6872

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