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Digimarc (Digimarc) EBIT : $-47.96 Mil (TTM As of Dec. 2023)


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What is Digimarc EBIT?

Digimarc's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was $-11.02 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was $-47.96 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Digimarc's annualized ROC % for the quarter that ended in Dec. 2023 was -88.83%. Digimarc's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -776.39%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Digimarc's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -10.99%.


Digimarc EBIT Historical Data

The historical data trend for Digimarc's EBIT 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.

Digimarc EBIT Chart

Digimarc Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -33.73 -32.81 -39.87 -60.89 -47.96

Digimarc Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
EBIT 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 -12.98 -14.77 -11.02 -11.16 -11.02

Competitive Comparison of Digimarc's EBIT

For the Information Technology Services subindustry, Digimarc's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Digimarc's EV-to-EBIT Distribution in the Software Industry

For the Software industry and Technology sector, Digimarc's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Digimarc's EV-to-EBIT falls into.



Digimarc EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT 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 $-47.96 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.


Digimarc  (NAS:DMRC) EBIT Explanation

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

Digimarc'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 )
=-44.064 * ( 1 - -1.33% )/( (51.206 + 49.325)/ 2 )
=-44.6500512/50.2655
=-88.83 %

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:

Digimarc'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 )
=-44.064/( ( (5.764 + max(-1.902, 0)) + (5.587 + max(-2.627, 0)) )/ 2 )
=-44.064/( ( 5.764 + 5.587 )/ 2 )
=-44.064/5.6755
=-776.39 %

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)
=(7.042 + 0 + 4.578) - (6.207 + 7.315 + 0)
=-1.902

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(5.813 + 0 + 4.085) - (6.672 + 5.853 + 1.7763568394003E-15)
=-2.627

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. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Digimarc's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=-47.957/436.390
=-10.99 %

* 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.


Digimarc EBIT Related Terms

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Digimarc (Digimarc) Business Description

Traded in Other Exchanges
Address
8500 SW Creekside Place, Beaverton, OR, USA, 97008
Digimarc Corp provides automatic identification solutions to commercial and government customers and license technology and patented inventions to solution providers. Its Digimarc Platform applies a unique identities to virtually all media objects including product packaging, commercial print, audio and video that can be automatically identified by an enabled ecosystem of industrial scanners, smartphones and other interfaces. The company generates revenue through commercial and government applications of its technology. The company derives its revenue primarily from software development services, subscriptions for products and related services, and licensing of patents.
Executives
Thomas Benton officer: EVP, Chief Revenue Officer 8500 SW CREEKSIDE PLACE, BEAVERTON OR 97008
Lashonda Anderson-williams director 8500 SW CREEKSIDE PLACE, BEAVERTON OR 97008
Andrew Walter director 9405 SW GEMINI DRIVE, BEAVERTON OR 97008
Tony Rodriguez officer: Chief Technology Officer 9405 SW GEMINI DRIVE, BEAVERTON OR 97008
Ken Sickles officer: EVP, Chief Product Officer 8500 SW CREEKSIDE PLACE, BEAVERTON OR 97008
Kathleen Kool director 8500 SW CREEKSIDE PLACE, BEAVERTON OR 97008
Vincent C Smith 10 percent owner 2560 EAST CHAPMAN AVENUE, #173, ORANGE CA 92869
Milena Alberti-perez director 8500 SW CREEKSIDE PLACE, BEAVERTON OR 97008
Riley Mccormack director, 10 percent owner 2555 LAKE AVE, MIAMI BEACH FL 33140
Alicia Syrett director 2420 17TH STREET, SUITE 220, DENVER CO 80202
Ravi Kumar Singisetti director 9405 SW GEMINI DRIVE, BEAVERTON OR 97008
Sandeep Dadlani director 9405 SW GEMINI DRIVE, BEAVERTON OR 97008
Sheela Zemlin director 9405 SW GEMINI DRIVE, BEAVERTON OR 97008
James T Richardson director 01396 SW MILITARY ROAD, PORTLAND OR 97219
Bernard Whitney director