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BTQ Technologies (NEOE:BTQ) EBIT : C$-15.26 Mil (TTM As of Sep. 2023)


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What is BTQ Technologies EBIT?

BTQ Technologies's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2023 was C$-12.35 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2023 was C$-15.26 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. BTQ Technologies's annualized ROC % for the quarter that ended in Sep. 2023 was -519.66%. BTQ Technologies's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was -29,317.51%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. BTQ Technologies's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was -30.22%.

BTQ Technologies EBIT Historical Data

The historical data trend for BTQ Technologies'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.

BTQ Technologies EBIT Chart

BTQ Technologies Annual Data
Trend Dec21 Jan22
EBIT
-0.41 -0.21

BTQ Technologies Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Jan23 Jun23 Sep23
EBIT Get a 7-Day Free Trial -0.66 -1.39 - -2.91 -12.35

Competitive Comparison of BTQ Technologies's EBIT

For the Software - Infrastructure subindustry, BTQ Technologies'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.

BTQ Technologies's EV-to-EBIT Distribution in the Software Industry

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

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


BTQ Technologies 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 C$-15.26 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.

BTQ Technologies  (NEOE:BTQ) EBIT Explanation

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

BTQ Technologies'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 )
=-29.236 * ( 1 - 0% )/( (6.164 + 5.088)/ 2 )
=-29.236/5.626
=-519.66 %

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))
=12.495 - 0.833 - ( 5.498 - max(0, 0.833 - 7.522+5.498))
=6.164

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))
=10.522 - 0.479 - ( 4.955 - max(0, 0.533 - 5.5+4.955))
=5.088

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

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

BTQ Technologies'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 )
=-49.4/( ( (0.11 + max(-0.133, 0)) + (0.161 + max(0.066, 0)) )/ 2 )
=-49.4/( ( 0.11 + 0.227 )/ 2 )
=-49.4/0.1685
=-29,317.51 %

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)
=(0.079 + 0 + 0.621) - (0.833 + 0 + 0)
=-0.133

Working Capital(Q: Sep. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.117 + 0 + 0.428) - (0.479 + 0 + 0)
=0.066

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2023 )
=-15.255/50.481
=-30.22 %

* 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.

BTQ Technologies EBIT Related Terms

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BTQ Technologies (NEOE:BTQ) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » BTQ Technologies Corp (NEOE:BTQ) » Definitions » EBIT
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Traded in Other Exchanges
BTQQF:USA NG3:Germany
Address
700 West Georgia Street, 25th Floor, Vancouver, BC, CAN, V7Y 1B3
Website
https://www.btq.li
BTQ Technologies Corp is home to a diverse team of builders with a shared interest in post-quantum technology. Its products include PQScale, Keelung, Kenting, and Qbyte. PQScale is a novel scaling technique for post-quantum cryptographic primitives. PQScale achieves transaction speed and cost savings by leveraging zero-knowledge proofs for transaction processing. Keelung is a Zero-Knowledge Toolkit for Fast, Private, and Secure Applications. Kenting has accelerated hardware devices for a variety of post-quantum cryptographic primitives. Kenting provides acceleration for NIST-compliant post-quantum cryptography, post-quantum zk-SNARKs, and eco-friendly mining hardware. Qbyte is a Quantum risk Calculator.