GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Aerkomm Inc (OTCPK:AKOM) » Definitions » EBIT

Aerkomm (Aerkomm) EBIT : $-15.90 Mil (TTM As of Sep. 2023)


View and export this data going back to 2015. Start your Free Trial

What is Aerkomm EBIT?

Aerkomm's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2023 was $-4.27 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2023 was $-15.90 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Aerkomm's annualized ROC % for the quarter that ended in Sep. 2023 was -27.13%. Aerkomm's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was -46.89%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Aerkomm's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was -30.53%.


Aerkomm EBIT Historical Data

The historical data trend for Aerkomm'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.

Aerkomm EBIT Chart

Aerkomm Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -8.14 -7.97 -8.12 -9.91 -10.43

Aerkomm Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 -2.38 -4.36 -3.64 -3.64 -4.27

Competitive Comparison of Aerkomm's EBIT

For the Communication Equipment subindustry, Aerkomm'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.


Aerkomm's EV-to-EBIT Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Aerkomm's EV-to-EBIT distribution charts can be found below:

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



Aerkomm 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 $-15.90 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.


Aerkomm  (OTCPK:AKOM) EBIT Explanation

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

Aerkomm'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 )
=-17.076 * ( 1 - 0% )/( (54.551 + 71.328)/ 2 )
=-17.076/62.9395
=-27.13 %

where

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

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

Aerkomm'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 )
=-17.076/( ( (37.125 + max(-4.282, 0)) + (35.705 + max(-8.488, 0)) )/ 2 )
=-17.076/( ( 37.125 + 35.705 )/ 2 )
=-17.076/36.415
=-46.89 %

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 + 1.366 + 9.583) - (15.231 + 0 + 0)
=-4.282

Working Capital(Q: Sep. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 1.366 + 10.144) - (17.835 + 2.163 + 0)
=-8.488

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2023 )
=-15.897/52.063
=-30.53 %

* 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.


Aerkomm EBIT Related Terms

Thank you for viewing the detailed overview of Aerkomm's EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.


Aerkomm (Aerkomm) Business Description

Traded in Other Exchanges
Address
44043 Fremont Boulevard, Fremont, CA, USA, 94538
Aerkomm Inc is an us-based service provider of in-flight connectivity and entertainment (IFEC) solutions intended to provide airline passengers with a broadband in-flight experience that encompasses a wide range of service options. Its services include Wi-Fi, cellular, movies, gaming, live TV, and music. The company also focuses on providing related content management services and onboard e-commerce solutions such as Connectivity Solutions, Content Solutions, Black Box Live, AirCinema, and others.
Executives
Leroy Yau 10 percent owner UNIT 1601, BLOCK A, VILLA ROCHA, HAPPY VALLEY K3 00000
World Praise Ltd 10 percent owner C/O VISTRA CORPORATION SERVICES CENTER, GROUND FLOOR NFP BUILDING, BEACH ROAD, APIA Y0 00000
Richmond Akumiah director 4 TUNISON LANE, BRIDGEWATER NJ 08807
Yuyun Tristan Kuo officer: Chief Financial Officer 85 SOUTH BRAGG STREET, SUITE 600, ALEXANDRIA VA 22312
Well Thrive Ltd 10 percent owner NO. 79, HENG YANG ROAD, TAIPEI F5 100
Sheng-chun Chang 10 percent owner NO. 79, HENG YANG ROAD, TAIPEI F5 100
Jeffrey Wun director, 10 percent owner, officer: CEO, President and Chairman C/O AERKOMM INC., 923 INCLINE WAY #39, INCLINE VILLAGE NV 89451
Chih-ming Hsu director C/O AERKOMM INC., 923 INCLINE WAY #39, INCLINE VILLAGE NV 89451
James J. Busuttil director C/O AERKOMM INC., 923 INCLINE WAY #39, INCLINE VILLAGE NV 89451
Lim Colin director C/O AERKOMM INC., 923 INCLINE WAY #39, INCLINE VILLAGE NV 89451
Raymond Choy director C/O AERKOMM INC., 923 INCLINE WAY #39, INCLINE VILLAGE NV 89451
Jan-yuan Lin director C/O AERKOMM INC., 923 INCLINE WAY #39, INCLINE VILLAGE NV 89451
Dmedia Llc 10 percent owner C/O AERKOMM INC., 923 INCLINE WAY #39, INCLINE VILLAGE NV 89451
Dmedia Holding Lp 10 percent owner C/O AERKOMM INC., 923 INCLINE WAY #39, INCLINE VILLAGE NV 89451

Aerkomm (Aerkomm) Headlines

From GuruFocus

Aerkomm Expands its Global Partner Network

By PRNewswire PRNewswire 04-16-2018

Aircom Pacific Signs Firm Agreement with Airbus

By PRNewswire PRNewswire 12-03-2018

Aerkomm Corrects its Global Partner Network

By PRNewswire PRNewswire 04-24-2018

Aerkomm Inc. Announces Reverse Stock Split

By PRNewswire PRNewswire 01-18-2019

Aerkomm Inc. Announces Cooperation with Telesat

By PRNewswire PRNewswire 06-26-2020