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SRAX (SRAX) EBIT : $-24.46 Mil (TTM As of Sep. 2022)


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What is SRAX EBIT?

SRAX's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2022 was $-1.44 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2022 was $-24.46 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. SRAX's annualized ROC % for the quarter that ended in Sep. 2022 was 7.15%. SRAX's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2022 was -1,869.69%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. SRAX's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2022 was -307.14%.


SRAX EBIT Historical Data

The historical data trend for SRAX'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.

SRAX EBIT Chart

SRAX Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -8.90 16.10 -16.13 2.11 -6.00

SRAX Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -2.02 -5.29 4.04 -21.77 -1.44

Competitive Comparison of SRAX's EBIT

For the Advertising Agencies subindustry, SRAX'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.


SRAX's EV-to-EBIT Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, SRAX's EV-to-EBIT distribution charts can be found below:

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



SRAX 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. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $-24.46 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.


SRAX  (OTCPK:SRAX) EBIT Explanation

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

SRAX's annualized ROC % for the quarter that ended in Sep. 2022 is calculated as:

ROC % (Q: Sep. 2022 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2022 ) + Invested Capital (Q: Sep. 2022 ))/ count )
=3.44 * ( 1 - 0% )/( (48.669 + 47.533)/ 2 )
=3.44/48.101
=7.15 %

where

Note: The Operating Income data used here is four times the quarterly (Sep. 2022) data.

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

SRAX's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2022 is calculated as:

ROC (Joel Greenblatt) %(Q: Sep. 2022 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2022  Q: Sep. 2022
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-5.768/( ( (0.334 + max(-29.722, 0)) + (0.283 + max(-23.958, 0)) )/ 2 )
=-5.768/( ( 0.334 + 0.283 )/ 2 )
=-5.768/0.3085
=-1,869.69 %

where Working Capital is:

Working Capital(Q: Jun. 2022 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.351 + 0 + 0.879) - (9.996 + 14.903 + 6.053)
=-29.722

Working Capital(Q: Sep. 2022 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.319 + 0 + 0.573) - (10.099 + 12.862 + 1.889)
=-23.958

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Sep. 2022) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2022 )
=-24.461/7.964
=-307.14 %

* 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.


SRAX EBIT Related Terms

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SRAX (SRAX) Business Description

Traded in Other Exchanges
N/A
Address
2629 Townsgate Road, Suite 215, Westlake Village, CA, USA, 91361
SRAX Inc is a financial technology company that unlocks data and insights for publicly traded companies. Through its premier investor intelligence and communications platform, Sequire, companies can track investors behavior and trends and use those insights to engage current and potential investors across marketing channels.
Executives
Christopher Miglino director, 10 percent owner, officer: See Remarks 479 N. RODEO DRIVE, SUITE E 308, BEVERLY HILLS CA 90210
Michael Malone officer: Chief Financial Officer 191 OTTO STREET, PORT TOWNSEND WA 98368
Behzad Christopher Lahiji director, officer: Pres., LD Micro (Subsidiary) 1408 GRANT STREET, SANTA MONICA CA 90405
Marc Savas director 8033 SUNSET BLVD., BOX 873, LOS ANGELES CA 90046
Malcolm Westley Casselle director 4535 W SAHARA AVE., #200, LAS VEGAS NV 89102
Diclaudio Colleen director 456 SEATON STREET, LOS ANGELES CA 90013
Robert James Jordan director 456 SEATON STRET, LOS ANGELES CA 90013
Michael Thomas Malone officer: Chief Financial Officer 525 WEST 28 TH ST., APT. 160, NEW YORK NY 10001
Joseph Patrick Hannan officer: Chief Financial Officer 18872 MACARTHUR BLVD., SUITE 200, IRVINE CA 92612
Derek James Ferguson director 135 HAWTHORN AVE., GLENCOE IL 60022
Anthony Packer director 6505 KILBERRY LANE, CHARLOTTE NC 28277
Rahul Thumati officer: Chief Financial Officer 1630 S. EUCLID AVENUE, SAN MARINO CA 91108
Rodney J Dillman director BARINGS LLC, 300 SOUTH TRYON STREET, SUITE 2500, CHARLOTTE NC 28202
Carrie E Mcqueen officer: Chief Financial Officer 11545 W. BERNARDO COURT, SUITE 301, SAN DIEGO CA 92127
Richard Steel director, officer: President 2052 PEBBLE DRIVE, ALAMO CA 94507