OpenLocker Holdings (OpenLocker Holdings) EBIT : $-6.69 Mil (TTM As of Jan. 2024)

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What is OpenLocker Holdings EBIT?

OpenLocker Holdings's earnings before interest and taxes (EBIT) for the three months ended in Jan. 2024 was $-0.12 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jan. 2024 was $-6.69 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. OpenLocker Holdings's annualized ROC % for the quarter that ended in Jan. 2024 was -192.89%. OpenLocker Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jan. 2024 was %.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. OpenLocker Holdings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jan. 2024 was -69.62%.

OpenLocker Holdings EBIT Historical Data

The historical data trend for OpenLocker Holdings'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.

OpenLocker Holdings EBIT Chart

OpenLocker Holdings Annual Data

Trend

Dec19

Dec20

Jul22

Jul23

EBIT

-2.55

-7.43

OpenLocker Holdings Quarterly Data
	Dec19	Dec20	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
EBIT	Get a 7-Day Free Trial							-0.76	-0.65	-5.45	-0.47	-0.12

Competitive Comparison of OpenLocker Holdings's EBIT

For the Capital Markets subindustry, OpenLocker Holdings'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.

OpenLocker Holdings's EV-to-EBIT Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, OpenLocker Holdings's EV-to-EBIT distribution charts can be found below:

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

OpenLocker Holdings 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 Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-6.69 Mil.

OpenLocker Holdings (OTCPK:OLKR) EBIT Explanation

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

OpenLocker Holdings's annualized ROC % for the quarter that ended in Jan. 2024 is calculated as:

	ROC % (Q: Jan. 2024 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Oct. 2023 )	+	Invested Capital (Q: Jan. 2024 ))	/ count )
=	-0.488 * ( 1 - 0% )	/	( (0.236	+	0.27)	/ 2 )
=	-0.488	/	0.253
=	-192.89 %

where

	Invested Capital		(Q: Oct. 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	))
=	0.053	-	0.102	-	( 0.051	-	max(0, 0.336	-	0.051	+	0.051	))
=	0.236

	Invested Capital		(Q: Jan. 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	))
=	0.029	-	0.138	-	( 0.022	-	max(0, 0.406	-	0.027	+	0.022	))
=	0.27

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

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

OpenLocker Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jan. 2024 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Jan. 2024 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Oct. 2023		Q: Jan. 2024
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-0.488	/	( ( (0 + max(-0.106, 0))	+	(0 + max(-0.137, 0)) )	/	2 )
=	-0.488	/	( ( 0	+	0 )	/	2 )
=	-0.488	/	0
=	%

where Working Capital is:

	Working Capital		(Q: Oct. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0)	-	(0.102	+	0.004	+	0)
=	-0.106

	Working Capital		(Q: Jan. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0.005	+	0	+	0)	-	(0.138	+	0.005	+	-0.001)
=	-0.137

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Jan. 2024) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Jan. 2024 )
	=	-6.685	/	9.602
	=	-69.62 %

OpenLocker Holdings EBIT Related Terms

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OpenLocker Holdings (OpenLocker Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » OpenLocker Holdings Inc (OTCPK:OLKR) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

1700 Palm Beach Lakes Boulevard, Suite 820, West Palm Beach, FL, USA, 33401

Website

https://www.openlockerholdings.io

OpenLocker Holdings Inc connects the digital and the physical worlds by offering real-world utility and a physical token of ownership to fans who purchase a digital collectible on its Web3 platform. It offers a FanTech platform for athletes and brands to redefine and unlock value for their fans and audience. It builds and engaged communities and opens doors to Name, Image, and Likeness (NIL) revenue opportunities for student-athletes that previously did not exist. Its portfolio consists of Bone Yard Huskyz Ckub, Gataverse, Open Stable, and Others.

Executives

Abby Eileen Klatsky	10 percent owner	12 WINSOR PLACE, GLEN RIDGE NJ 07028
Brendan John O'brien	10 percent owner	575 JERICHO TURNPIKE, SUITE 307, JERICHO NY 11753
Brian Lance Klatsky	director, officer: President, OpenLocker Inc.	320 BROAD STREET, RED BANK NJ 07701
Lauren Blair Klatsky	officer: COO of OpenLocker Inc.	320 BROAD STREET, RED BANK NJ 07701
Laura E Anthony	director, 10 percent owner, officer: President	LAURA ANTHONY, 120 S. OLIVE AVE, WEST PALM BEACH FL 33401
Howard Gostfrand	director, 10 percent owner, officer: Chief Executive Officer	625 N. FLAGLER DRIVE, SUITE 600, WEST PALM BEACH FL 33401
Meir Wexler	director, officer: Chief Investment Officer	2123 DUNWOODY GLN, DUNWOODY GA 30338
Aleksandr Rubin	director, officer: CEO, PFO, PAO	400 SUNNY ISLES BLVD, APT 1019, NORTH MIAMI FL 33160
Balance Labs, Inc.	10 percent owner	407 LINCOLN ROAD, SUITE 701, MIAMI BEACH FL 33139
Jason Lyons	10 percent owner	612 HOWARD STREET, SAN FRANCISCO CA 94549
Mikael Lundgren	officer: President	9440 SANTA MONICA BLVD., SUITE 301, BEVERLY HILLS CA 90210
Mid Atlantic Capital Associates Inc.	officer: President	9440 SANTA MONICA BLVD., SUITE 301, BEVERLY HILLS CA 90210
Wayne A Root	director, 10 percent owner	5092 SOUTH JONES BOULEVARD, LAS VEGAS NV 89118
Douglas R Miller	director, officer: President and COO	5092 SOUTH JONES BOULEVARD, LAS VEGAS NV 89118
Roger Lee Harrison	director	8455 BEVERLY BLVD, STE 407, WEST HOLLYWOOD CA 90048