I-ON Digital (I-ON Digital) EBIT : $-0.44 Mil (TTM As of Sep. 2023)

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What is I-ON Digital EBIT?

I-ON Digital's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2023 was $-0.11 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2023 was $-0.44 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. I-ON Digital's annualized ROC % for the quarter that ended in Sep. 2023 was -54.32%. I-ON Digital's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was %.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. I-ON Digital's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was -3.68%.

I-ON Digital EBIT Historical Data

The historical data trend for I-ON Digital'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.

I-ON Digital EBIT Chart

I-ON Digital Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

EBIT

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-0.29

-0.38

1.73

I-ON Digital Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
EBIT	Get a 7-Day Free Trial															-	-	-0.18	-0.15	-0.11

Competitive Comparison of I-ON Digital's EBIT

For the Software - Application subindustry, I-ON Digital'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.

I-ON Digital's EV-to-EBIT Distribution in the Software Industry

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

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

I-ON Digital 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 Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.44 Mil.

I-ON Digital (OTCPK:IONI) EBIT Explanation

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

I-ON Digital's annualized ROC % for the quarter that ended in Sep. 2023 is calculated as:

	ROC % (Q: Sep. 2023 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Jun. 2023 )	+	Invested Capital (Q: Sep. 2023 ))	/ count )
=	-0.456 * ( 1 - 0% )	/	( (0.852	+	0.827)	/ 2 )
=	-0.456	/	0.8395
=	-54.32 %

where

	Invested Capital		(Q: Jun. 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	))
=	0.754	-	0.222	-	( 0.101	-	max(0, 0.491	-	0.171	+	0.101	))
=	0.852

	Invested Capital		(Q: Sep. 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	))
=	0.786	-	0.396	-	( 0	-	max(0, 0.461	-	0.024	+	0	))
=	0.827

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

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

I-ON Digital's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2023 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Sep. 2023 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Jun. 2023		Q: Sep. 2023
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-0.456	/	( ( (0 + max(-0.301, 0))	+	(0 + max(-0.437, 0)) )	/	2 )
=	-0.456	/	( ( 0	+	0 )	/	2 )
=	-0.456	/	0
=	%

where Working Capital is:

	Working Capital		(Q: Jun. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0.07)	-	(0.222	+	0.098	+	0.051)
=	-0.301

	Working Capital		(Q: Sep. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0.024)	-	(0.396	+	0.065	+	0)
=	-0.437

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Sep. 2023) EBIT data.

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

I-ON Digital's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Sep. 2023 )
	=	-0.441	/	11.992
	=	-3.68 %

I-ON Digital EBIT Related Terms

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I-ON Digital (I-ON Digital) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » I-ON Digital Corp (OTCPK:IONI) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

1244 North Stone Street, Unit 3, Chicago, IL, USA, 60610

Website

https://www.i-on.net

I-ON Digital Corp is a software developer and provider of enterprise-class unstructured data management and digital marketing software and solutions. It offers web content management (CMS), web experience and service delivery software, digital marketing, smart mobility, and analytics tools, and, more recently, energy management solutions. It serves products and services directly to clients in South Korea and Japan, Singapore, Malaysia, Indonesia, Thailand, Vietnam, and the United States.

Executives

Oh Jae Cheol James	director, 10 percent owner, officer: CEO/CFO	15, TEHRAN-RO 10-GIL, GANGAM-GU, SEOUL M5 06194
Mark Lamb	director	3548 SEAGATE WAY #110, OCEANSIDE CA 92056
Roy Layne Roberson	director	9241 IRVINE BOULEVARD SUITE 100, IRVINE CA 92618
Joseph Alvin Ryan	director	351 TRAILBLAZER, MISSION VIEJO CA 92692
Richard Chiang	other: Previous Officer and Director	460 BRANNAN STREET SUITE 78064, SAN FRANCISCO CA 94107
Michael J. Rapport Trust	10 percent owner	2480 RAILROAD STREET, CORONA CA 92880
Michael Rapport	director, 10 percent owner, officer: Pres, CEO, CFO & Chairman	2000 MAIN STREET, IRVINE CA 92614
Evan Rapport	director, officer: Vice President	2000 MAIN STREET, IRVINE CA 92614