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FintechWerx International Software Services (XCNQ:WERX) EBIT : C$ Mil (TTM As of Oct. 2023)


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What is FintechWerx International Software Services EBIT?

FintechWerx International Software Services's earnings before interest and taxes (EBIT) for the three months ended in Oct. 2023 was C$-0.08 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. FintechWerx International Software Services's annualized ROC % for the quarter that ended in Oct. 2023 was -139.37%. FintechWerx International Software Services's annualized ROC (Joel Greenblatt) % for the quarter that ended in Oct. 2023 was %.

EBIT is also linked to Joel Greenblatt's definition of earnings yield.

FintechWerx International Software Services EBIT Historical Data

The historical data trend for FintechWerx International Software Services'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.

FintechWerx International Software Services EBIT Chart

FintechWerx International Software Services Annual Data
Trend Apr23
EBIT
-

FintechWerx International Software Services Quarterly Data
Jul23 Oct23
EBIT -0.10 -0.08

Competitive Comparison of FintechWerx International Software Services's EBIT

For the Software - Infrastructure subindustry, FintechWerx International Software Services'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.

FintechWerx International Software Services's EV-to-EBIT Distribution in the Software Industry

For the Software industry and Technology sector, FintechWerx International Software Services's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where FintechWerx International Software Services's EV-to-EBIT falls into.


FintechWerx International Software Services 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 Oct. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was C$ 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.

FintechWerx International Software Services  (XCNQ:WERX) EBIT Explanation

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

FintechWerx International Software Services's annualized ROC % for the quarter that ended in Oct. 2023 is calculated as:

ROC % (Q: Oct. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jul. 2023 ) + Invested Capital (Q: Oct. 2023 ))/ count )
=-0.308 * ( 1 - 0% )/( (0.24 + 0.202)/ 2 )
=-0.308/0.221
=-139.37 %

where

Invested Capital(Q: Jul. 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))
=0.859 - 0.168 - ( 0.59 - max(0, 0.168 - 0.619+0.59))
=0.24

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))
=0.785 - 0.171 - ( 0.571 - max(0, 0.171 - 0.583+0.571))
=0.202

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

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

FintechWerx International Software Services's annualized ROC (Joel Greenblatt) % for the quarter that ended in Oct. 2023 is calculated as:

ROC (Joel Greenblatt) %(Q: Oct. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jul. 2023  Q: Oct. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-0.308/( ( (0 + max(-0.152, 0)) + (0 + max(-0.17, 0)) )/ 2 )
=-0.308/( ( 0 + 0 )/ 2 )
=-0.308/0
= %

where Working Capital is:

Working Capital(Q: Jul. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.016) - (0.168 + 0 + 0)
=-0.152

Working Capital(Q: Oct. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.001) - (0.171 + 0 + 0)
=-0.17

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Oct. 2023) EBIT data.

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

FintechWerx International Software Services's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Oct. 2023 )
=/1.693
= %

* 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.

FintechWerx International Software Services EBIT Related Terms

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FintechWerx International Software Services (XCNQ:WERX) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » FintechWerx International Software Services Inc (XCNQ:WERX) » Definitions » EBIT
Comparable Companies
Traded in Other Exchanges
N/A
Address
750 West Pender Street, Suite 401, Vancouver, BC, CAN, V6C 2T7
Website
https://www.fintechwerx.com
FintechWerx International Software Services Inc is an e-commerce technology company. The Company is engaged in delivering enrollment, automated identity verification, payment solutions, and data management services. The FintechWerx Platform is a combination of both licensed and proprietary software together the Technology Stack that provides a single comprehensive, suite of services for small to medium sized enterprises.

FintechWerx International Software Services (XCNQ:WERX) Headlines

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