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AvePoint (AvePoint) EBIT : $-9.72 Mil (TTM As of Mar. 2024)


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What is AvePoint EBIT?

AvePoint's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was $-3.20 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was $-9.72 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. AvePoint's annualized ROC % for the quarter that ended in Mar. 2024 was 49.00%. AvePoint's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -69.55%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield.


AvePoint EBIT Historical Data

The historical data trend for AvePoint'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.

AvePoint EBIT Chart

AvePoint Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
-19.01 -15.44 -53.49 -33.61 -15.35

AvePoint Quarterly Data
Dec19 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -8.83 -7.08 -0.31 0.88 -3.20

Competitive Comparison of AvePoint's EBIT

For the Software - Infrastructure subindustry, AvePoint'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.


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

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

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



AvePoint 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-9.72 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.


AvePoint  (NAS:AVPTW) EBIT Explanation

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

AvePoint'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 )
=-12.804 * ( 1 - 1062.56% )/( (277.709 + 225.29)/ 2 )
=123.2461824/251.4995
=49.00 %

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))
=442.582 - 15.954 - ( 226.883 - max(0, 176.665 - 325.584+226.883))
=277.709

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))
=413.818 - 48.264 - ( 219.284 - max(0, 163.461 - 303.725+219.284))
=225.29

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

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

AvePoint'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 )
=-12.804/( ( (19.026 + max(-97.996, 0)) + (17.793 + max(-105.459, 0)) )/ 2 )
=-12.804/( ( 19.026 + 17.793 )/ 2 )
=-12.804/18.4095
=-69.55 %

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)
=(60.508 + 0 + 12.824) - (15.954 + 121.515 + 33.859)
=-97.996

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(46.965 + 0 + 11.037) - (48.264 + 115.197 + 0)
=-105.459

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=-9.72/0.000
= %

* 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.


AvePoint EBIT Related Terms

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AvePoint (AvePoint) Business Description

Traded in Other Exchanges
Address
525 Washington Boulevard, Suite 1400, Jersey City, NJ, USA, 07310
AvePoint Inc is a Microsoft 365 data management solutions provider, offering a full suite of SaaS solutions to migrate, manage and protect data. Its products include Cloud Products, Hybrid Products; and solutions include Data Protection, Operational Governance, Records & Information Management, Microsoft Teams, SharePoint Online, Exchange Online, OneDrive for Business, Project Online, Planner, Yammer, and Public Folders.