Rocket Sharing Co SpA (MIL:RKT) EBIT : €-1.72 Mil (TTM As of Jun. 2023)

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What is Rocket Sharing Co SpA EBIT?

Rocket Sharing Co SpA's earnings before interest and taxes (EBIT) for the six months ended in Jun. 2023 was €-0.65 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2023 was €-1.72 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Rocket Sharing Co SpA's annualized ROC % for the quarter that ended in Jun. 2023 was -32.32%. Rocket Sharing Co SpA's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2023 was -13,768.42%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Rocket Sharing Co SpA's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2023 was -28.15%.

Rocket Sharing Co SpA EBIT Historical Data

The historical data trend for Rocket Sharing Co SpA'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.

Rocket Sharing Co SpA EBIT Chart

Rocket Sharing Co SpA Annual Data

Trend

Dec20

Dec21

Dec22

EBIT

-0.04

-0.39

-1.39

Rocket Sharing Co SpA Semi-Annual Data
	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
EBIT	Get a 7-Day Free Trial			-0.20	-0.19	-0.32	-1.07	-0.65

Competitive Comparison of Rocket Sharing Co SpA's EBIT

For the Software - Application subindustry, Rocket Sharing Co SpA'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.

Rocket Sharing Co SpA's EV-to-EBIT Distribution in the Software Industry

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

* The bar in red indicates where Rocket Sharing Co SpA's EV-to-EBIT falls into.

Rocket Sharing Co SpA 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 Jun. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was €-1.72 Mil.

Rocket Sharing Co SpA (MIL:RKT) EBIT Explanation

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

Rocket Sharing Co SpA's annualized ROC % for the quarter that ended in Jun. 2023 is calculated as:

	ROC % (Q: Jun. 2023 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Dec. 2022 )	+	Invested Capital (Q: Jun. 2023 ))	/ count )
=	-1.268 * ( 1 - 22.28% )	/	( (2.986	+	3.113)	/ 2 )
=	-0.9854896	/	3.0495
=	-32.32 %

where

	Invested Capital		(Q: Dec. 2022 )
=	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	))
=	5.811	-	1.127	-	( 1.957	-	max(0, 1.301	-	2.999	+	1.957	))
=	2.986

	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	))
=	6.333	-	1.671	-	( 1.609	-	max(0, 2.114	-	3.663	+	1.609	))
=	3.113

Note: The Operating Income data used here is two times the semi-annual (Jun. 2023) data.

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

Rocket Sharing Co SpA's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2023 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Jun. 2023 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Dec. 2022		Q: Jun. 2023
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-1.308	/	( ( (0.006 + max(-0.402, 0))	+	(0.013 + max(-0.168, 0)) )	/	2 )
=	-1.308	/	( ( 0.006	+	0.013 )	/	2 )
=	-1.308	/	0.0095
=	-13,768.42 %

where Working Capital is:

	Working Capital		(Q: Dec. 2022 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0.45	+	0	+	0.441)	-	(1.127	+	0	+	0.166)
=	-0.402

	Working Capital		(Q: Jun. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0.681	+	0	+	1.163)	-	(1.671	+	0	+	0.341)
=	-0.168

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Jun. 2023) EBIT data.

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

Rocket Sharing Co SpA's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Jun. 2023 )
	=	-1.723	/	6.120
	=	-28.15 %

Rocket Sharing Co SpA EBIT Related Terms

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Rocket Sharing Co SpA (MIL:RKT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Rocket Sharing Co SpA (MIL:RKT) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

Galleria San Babila 4/a, Milan, ITA

Website

https://www.rocketsharing.it

Rocket Sharing Co SpA has developed a technology-based marketplace blockchain. Through its platform, consumers are encouraged to purchase products and services which provides a cashback incentive mechanism, that allows users to accumulate vouchers to be used as a discount on subsequent purchases.