Plum Acquisition III (Plum Acquisition III) EBIT : $-2.22 Mil (TTM As of Sep. 2023)

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What is Plum Acquisition III EBIT?

Plum Acquisition III's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2023 was $-0.47 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2023 was $-2.22 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Plum Acquisition III's annualized ROC % for the quarter that ended in Sep. 2023 was -0.84%. Plum Acquisition III'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. Plum Acquisition III's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was -0.91%.

Plum Acquisition III EBIT Historical Data

The historical data trend for Plum Acquisition III'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.

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Plum Acquisition III EBIT Chart

Plum Acquisition III Annual Data

Trend

Dec21

Dec22

EBIT

-2.81

Plum Acquisition III Quarterly Data
	Feb21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
EBIT	Get a 7-Day Free Trial						-0.67	-0.95	-0.45	-0.35	-0.47

Competitive Comparison of Plum Acquisition III's EBIT

For the Shell Companies subindustry, Plum Acquisition III'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.

Plum Acquisition III's EV-to-EBIT Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Plum Acquisition III's EV-to-EBIT distribution charts can be found below:

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

Plum Acquisition III 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 $-2.22 Mil.

Plum Acquisition III (NAS:PLMJ) EBIT Explanation

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

Plum Acquisition III'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 )
=	-1.88 * ( 1 - 0% )	/	( (293.077	+	155.439)	/ 2 )
=	-1.88	/	224.258
=	-0.84 %

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	))
=	293.442	-	1.142	-	( 0.305	-	max(0, 1.142	-	0.365	+	0.305	))
=	293.077

	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	))
=	155.587	-	1.275	-	( 0.259	-	max(0, 1.429	-	0.302	+	0.259	))
=	155.439

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

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

Plum Acquisition III'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 )
=	-1.88	/	( ( (0 + max(-1.082, 0))	+	(0 + max(-1.232, 0)) )	/	2 )
=	-1.88	/	( ( 0	+	0 )	/	2 )
=	-1.88	/	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	+	0.06)	-	(1.142	+	0	+	0)
=	-1.082

	Working Capital		(Q: Sep. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0.043)	-	(1.275	+	0	+	2.2204460492503E-16)
=	-1.232

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:

Plum Acquisition III's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Sep. 2023 )
	=	-2.223	/	244.687
	=	-0.91 %

Plum Acquisition III EBIT Related Terms

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Plum Acquisition III (Plum Acquisition III) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Plum Acquisition Corp III (NAS:PLMJ) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

20 West 34th Street, Suite 4215, Empire State Building, New York, NY, USA, 10001

Website

https://www.aptmspac.com

Alpha Partners Technology Merger Corp is a blank check company. It is formed for the purpose of entering into a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses.

Executives

Scott D. Grimes	director	CARDLYTICS, INC., 675 PONCE DE LEON AVENUE NE, SUITE 6000, ATLANTA GA 30308
Tracy R Wolstencroft	director	233 SOUTH WACKER DRIVE, SUITE 4200, CHICAGO IL 60606
Rice E. John Jr	director	7272 WISCONSIN AVENUE, SUITE 1300, BETHESDA MD 20814
Marcie Vu	director	969 BROADWAY, SUITE 300, OAKLAND CA 94607
Stephen B. Brotman	director	ONE PENN PLAZA 36TH FLOOR, NEW YORK NY 10119
Alpha Partners Technology Merger Sponsor Llc	10 percent owner	ONE PENN PLAZA 36TH FLOOR, NEW YORK NY 10119
Sean Patrick O'brien	officer: Chief Financial Officer	ONE PENN PLAZA 36TH FLOOR, NEW YORK NY 10119
Matthew Krna	director, officer: Chief Executive Officer	ONE PENN PLAZA 36TH FLOOR, NEW YORK NY 10119
Michael D. Ryan	director	ONE PENN PLAZA 36TH FLOOR, NEW YORK NY 10119

Plum Acquisition III (Plum Acquisition III) Headlines

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