Everyday People Financial (TSXV:EPF) EBIT : C$3.01 Mil (TTM As of Mar. 2024)

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What is Everyday People Financial EBIT?

Everyday People Financial's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was C$2.14 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was C$3.01 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Everyday People Financial's annualized ROC % for the quarter that ended in Mar. 2024 was 7.94%. Everyday People Financial's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 253.73%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Everyday People Financial's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 4.65%.

Everyday People Financial EBIT Historical Data

The historical data trend for Everyday People Financial'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.

Everyday People Financial EBIT Chart

Everyday People Financial Annual Data

Trend

Jul20

Jul21

Jul22

Dec23

EBIT

-4.23

-0.09

-0.10

Everyday People Financial Quarterly Data
	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Mar23	Jun23	Sep23	Dec23	Mar24
EBIT	Get a 7-Day Free Trial								-0.33	0.12	0.04	0.71	2.14

Competitive Comparison of Everyday People Financial's EBIT

For the Credit Services subindustry, Everyday People Financial'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.

Everyday People Financial's EV-to-EBIT Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Everyday People Financial's EV-to-EBIT distribution charts can be found below:

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

Everyday People Financial 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 C$3.01 Mil.

Everyday People Financial (TSXV:EPF) EBIT Explanation

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

Everyday People Financial'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 )
=	5.78 * ( 1 - 40.7% )	/	( (43.884	+	42.493)	/ 2 )
=	3.42754	/	43.1885
=	7.94 %

where

	Invested Capital		(Q: Dec. 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	))
=	64.08	-	24.66	-	( 1.466	-	max(0, 33.427	-	28.963	+	1.466	))
=	43.884

	Invested Capital		(Q: Mar. 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	))
=	64.751	-	24.155	-	( 0.69	-	max(0, 32.751	-	30.854	+	0.69	))
=	42.493

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

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

Everyday People Financial'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 )
=	8.548	/	( ( (3.424 + max(-10.991, 0))	+	(3.314 + max(-7.24, 0)) )	/	2 )
=	8.548	/	( ( 3.424	+	3.314 )	/	2 )
=	8.548	/	3.369
=	253.73 %

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)
=	(6.214	+	5.344	+	2.539)	-	(24.66	+	0.427	+	0.00099999999999767)
=	-10.991

	Working Capital		(Q: Mar. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(9.803	+	5.471	+	1.983)	-	(24.155	+	0.342	+	0)
=	-7.24

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:

Everyday People Financial's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Mar. 2024 )
	=	3.011	/	64.724
	=	4.65 %

Everyday People Financial EBIT Related Terms

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Everyday People Financial (TSXV:EPF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Everyday People Financial Corp (TSXV:EPF) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

EPFCF:USA

Address

11150 Jasper Avenue, Suite 450, Edmonton, AB, CAN, T5K 0C7

Website

https://www.everydaypeoplefinancial.com

Everyday People Financial Corp is a financial technology and consumer financing company. Through its technology-driven ecosystem, the group's alternative and specialty credit financing programs offer credit and payment cards, homeownership facilitation, consumer lending, and payment management services. The company's mission is to assist its clients in becoming their financial selves and to offer credit products and services that help ordinary people achieve extraordinary results.

Executives

Amy Marie Ter Haar

Director

Everyday People Financial (TSXV:EPF) Headlines

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