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Startengine Crowdfunding (Startengine Crowdfunding) EBIT : $-15.85 Mil (TTM As of Mar. 2024)


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What is Startengine Crowdfunding EBIT?

Startengine Crowdfunding's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was $-3.62 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was $-15.85 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Startengine Crowdfunding's annualized ROC % for the quarter that ended in Mar. 2024 was -33.71%. Startengine Crowdfunding's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -12,120.50%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Startengine Crowdfunding's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -15.02%.


Startengine Crowdfunding EBIT Historical Data

The historical data trend for Startengine Crowdfunding'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.

Startengine Crowdfunding EBIT Chart

Startengine Crowdfunding Annual Data
Trend Dec21 Dec22 Dec23
EBIT
-0.65 -9.45 -14.32

Startengine Crowdfunding Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only -2.09 -3.09 -3.95 -5.19 -3.62

Competitive Comparison of Startengine Crowdfunding's EBIT

For the Capital Markets subindustry, Startengine Crowdfunding'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.


Startengine Crowdfunding's EV-to-EBIT Distribution in the Capital Markets Industry

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

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



Startengine Crowdfunding 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-15.85 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.


Startengine Crowdfunding  (OTCPK:STGC) EBIT Explanation

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

Startengine Crowdfunding's annualized ROC % for the quarter that ended in Mar. 2024 is calculated as:

ROC % (Q: Mar. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2023 ) + Invested Capital (Q: Mar. 2024 ))/ count )
=-14.484 * ( 1 - -0.6% )/( (43.542 + 42.899)/ 2 )
=-14.570904/43.2205
=-33.71 %

where

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

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

Startengine Crowdfunding's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2023  Q: Mar. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-14.484/( ( (0.12 + max(-7.341, 0)) + (0.119 + max(-6.134, 0)) )/ 2 )
=-14.484/( ( 0.12 + 0.119 )/ 2 )
=-14.484/0.1195
=-12,120.50 %

where Working Capital is:

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.194 + 0 + 0.721) - (4.735 + 3.52 + 0.00099999999999945)
=-7.341

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.265 + 0 + 0.936) - (4.117 + 3.218 + 0)
=-6.134

When net working capital is negative, 0 is used.

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

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=-15.849/105.508
=-15.02 %

* 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.


Startengine Crowdfunding EBIT Related Terms

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Startengine Crowdfunding (Startengine Crowdfunding) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
4100 West Alameda Avenue, 3rd Floor, Burbank, CA, USA, 91505
Startengine Crowdfunding Inc is an equity crowdfunding platform. The company allows investors and common people to invest in start-up projects and early-stage companies. Also, it facilitates small and medium-sized businesses in raising capital at every stage and provides related services.
Executives
Joshua Daniel Amster officer: VP, Fundraising 16029 SKYTOP RD ENCINO CA 91436
Jonathan Reyes officer: Chief Compliance Officer 3900 W ALAMEDA AVE STE 1200 BURBANK CA 91505
Aubrey Chernick 10 percent owner C/O STARTENGINE CROWDFUNDING INC. 3900 W ALAMEDA AVE STE 1200 BURBANK CA 91505
Lee Miller 10 percent owner 1014 23RD ST. SANTA MONICA CA 90403
Johanna Cronin officer: Chief Marketing Officer 3900 W ALAMEDA AVE STE 1200 BURBANK CA 91505
Howard Edward Marks director, 10 percent owner, officer: Chief Executive Officer 2900 W ALAMEDA AVE SUITE 1200 BURBANK CA 91505
Ronald David Miller director, 10 percent owner 3900 W ALAMEDA AVE STE 1200 BURBANK CA 91505
Jebsen Allen C D officer: SVP, Fundraising 3900 W ALAMEDA AVE SUITE 1200 BURBANK CA 91505
Hunter Strassman officer: VP, Finance C/O STARTENGINE CROWDFUNDING INC. 3900 W ALAMEDA AVE STRE 1200 BURBANK CA 91515
Joeseph Mathews officer: Chief Technology Officer C/O STARTENGINE CROWDFUNDING INC. 3900 W ALAMEDA AVE. SUITE 1200 BURBANK CA 91505

Startengine Crowdfunding (Startengine Crowdfunding) Headlines

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