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ZeroFox Holdings (ZeroFox Holdings) Operating Income : $-68.7 Mil (TTM As of Jan. 2024)


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What is ZeroFox Holdings Operating Income?

ZeroFox Holdings's Operating Income for the three months ended in Jan. 2024 was $-16.5 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Jan. 2024 was $-68.7 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. ZeroFox Holdings's Operating Income for the three months ended in Jan. 2024 was $-16.5 Mil. ZeroFox Holdings's Revenue for the three months ended in Jan. 2024 was $60.5 Mil. Therefore, ZeroFox Holdings's Operating Margin % for the quarter that ended in Jan. 2024 was -27.32%.

ZeroFox 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. ZeroFox Holdings's annualized ROC % for the quarter that ended in Jan. 2024 was -11.47%. ZeroFox Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jan. 2024 was -17,171.79%.


ZeroFox Holdings Operating Income Historical Data

The historical data trend for ZeroFox 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.

ZeroFox Holdings Operating Income Chart

ZeroFox Holdings Annual Data
Trend Jan20 Jan21 Jan22 Jan23 Jan24
Operating Income
-19.44 -18.20 -28.02 - -68.77

ZeroFox Holdings Quarterly Data
Jan20 Jan21 Apr21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Operating Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -21.06 -21.30 -16.15 -14.77 -16.53

ZeroFox 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 Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-68.7 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.


ZeroFox Holdings  (NAS:ZFOX) Operating Income Explanation

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

ZeroFox Holdings's annualized ROC % for the quarter that ended in Jan. 2024 is calculated as:

ROC % (Q: Jan. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Oct. 2023 ) + Invested Capital (Q: Jan. 2024 ))/ count )
=-66.116 * ( 1 - -0.44% )/( (685.304 + 472.958)/ 2 )
=-66.4069104/579.131
=-11.47 %

where

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

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

ZeroFox Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jan. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Jan. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Oct. 2023  Q: Jan. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-919.12/( ( (5.954 + max(-38.192, 0)) + (4.751 + max(-54.839, 0)) )/ 2 )
=-919.12/( ( 5.954 + 4.751 )/ 2 )
=-919.12/5.3525
=-17,171.79 %

where Working Capital is:

Working Capital(Q: Oct. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(38.319 + 0 + 17) - (15.868 + 77.643 + 0)
=-38.192

Working Capital(Q: Jan. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(30.912 + 0 + 13.553) - (8.134 + 79.406 + 11.764)
=-54.839

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Jan. 2024) EBIT data.

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

ZeroFox Holdings's Operating Margin % for the quarter that ended in Jan. 2024 is calculated as:

Operating Margin %=Operating Income (Q: Jan. 2024 )/Revenue (Q: Jan. 2024 )
=-16.529/60.508
=-27.32 %

* 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.


ZeroFox Holdings Operating Income Related Terms

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ZeroFox Holdings (ZeroFox Holdings) Business Description

Traded in Other Exchanges
Address
1834 South Charles Street, Baltimore, MD, USA, 21230
ZeroFox Holdings Inc is a cybersecurity company. It provides external threat intelligence and protection to disrupt threats to brands, people, assets and data across the public attack surface in one, comprehensive platform. With complete global coverage across the surface, deep and dark web and an artificial intelligence-based analysis engine, the ZeroFox Platform identifies and remediates targeted phishing attacks, credential compromise, data exfiltration, brand hijacking, executive and location threats and more.
Executives
James Christopher Foster director, officer: See Remarks 1834 S. CHARLES ST., BALTIMORE MD 21230
Prestridge Iii John R officer: Chief Marketing Officer 1834 S. CHARLES ST., BALTIMORE MD 21230
Michael Morgan Price officer: Chief Technology Officer 1834 S. CHARLES ST., BALTIMORE MD 21230
Kevin T Reardon officer: Chief Operating Officer 1834 S. CHARLES ST., BALTIMORE MD 21230
Scott O'rourke officer: Chief Revenue Officer 1834 S. CHARLES ST., BALTIMORE MD 21230
Thomas P Fitzgerald officer: See Remarks 1834 S. CHARLES ST., BALTIMORE MD 21230
Timothy S Bender officer: See Remarks 1834 S. CHARLES ST., BALTIMORE MD 10020
Barbara Lynn Stewart director 5798 ANEGADA DRIVE, NAPLES FL 34113
Teresa H Shea director 105 N. OAKLAND STREET, ARLINGTON VA 22203
Paul Hooper director 3585 MONROE STREET, SANTA CLARA CA 95051
Louis Sean Cunningham director C/O FORGEPOINT, 400 S. EL CAMINO REAL, SUITE 1050, SAN MATEO CA 94402
Peter J Barris director 1119 ST PAUL STREET, BALTIMORE MD 21202
Mulloy Corey director 598 GIBRALTAR DRIVE, MILPITAS CA 95035
Adam Gerchen director C/O L&F ACQUISITION CORP., 150 NORTH RIVERSIDE PLAZA, SUITE 5200, CHICAGO IL 60606
Highland Entrepreneurs' Fund 9 Limited Partnership 10 percent owner ONE BROADWAY, 16TH FLOOR, CAMBRIDGE MA 02142