Friendable (Friendable) EBIT : $-3.57 Mil (TTM As of Sep. 2022)

View and export this data going back to 2007. Start your Free Trial

What is Friendable EBIT?

Friendable's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2022 was $-1.32 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2022 was $-3.57 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Friendable's annualized ROC % for the quarter that ended in Sep. 2022 was -103.80%. Friendable's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2022 was %.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Friendable's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2022 was -2,258.23%.

Friendable EBIT Historical Data

The historical data trend for Friendable'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.

Friendable EBIT Chart

Friendable Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

EBIT

Get a 7-Day Free Trial

-2.13

-1.07

-9.56

-3.68

-1.91

Friendable 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															0.11	-0.88	-0.64	-0.73	-1.32

Competitive Comparison of Friendable's EBIT

For the Software - Application subindustry, Friendable'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.

Friendable's EV-to-EBIT Distribution in the Software Industry

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

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

Friendable 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 $-3.57 Mil.

Friendable (OTCPK:FDBL) EBIT Explanation

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

Friendable'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 )
=	-2.256 * ( 1 - 0% )	/	( (2.657	+	1.69)	/ 2 )
=	-2.256	/	2.1735
=	-103.80 %

where

	Invested Capital		(Q: Jun. 2022 )
=	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	))
=	1.033	-	3.725	-	( 0.024	-	max(0, 5.373	-	0.024	+	0.024	))
=	2.657

	Invested Capital		(Q: Sep. 2022 )
=	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	))
=	0.169	-	3.966	-	( 0.006	-	max(0, 5.493	-	0.006	+	0.006	))
=	1.69

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

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

Friendable'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 )
=	-5.288	/	( ( (0 + max(-5.215, 0))	+	(0 + max(-5.33, 0)) )	/	2 )
=	-5.288	/	( ( 0	+	0 )	/	2 )
=	-5.288	/	0
=	%

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	+	0	+	0)	-	(3.725	+	0.003	+	1.487)
=	-5.215

	Working Capital		(Q: Sep. 2022 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0)	-	(3.966	+	0.005	+	1.359)
=	-5.33

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:

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

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Sep. 2022 )
	=	-3.568	/	0.158
	=	-2,258.23 %

Friendable EBIT Related Terms

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

Friendable (Friendable) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Friendable Inc (OTCPK:FDBL) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

1821 S Bascom Avenue, Suite 353, Campbell, CA, USA, 95008

Website

https://www.friendable.com

Friendable Inc is a mobile-focused technology and marketing company, that connects and engages with its users. The company's products and services include The Fan Pass Live music which is a subscription-based app and the online subscription-based Artist Republik suite of artist-centric services that include music distribution for artists, while fans can enjoy access to a variety of artist channels across different genres, exclusive live events, behind-the-scenes content, artist merchandising. The FeaturedX business segment provides a place where artists can book a guest feature, co-write, composition or live instrumental tracking for artists releasing their next single or looking to extend reach and exposure by tapping into these available resources for music production and collaboration.

Executives

Rositano Robert A Jr	director, officer: CEO & Secretary	1696 DELL AVENUE, CAMPBELL CA 95008
Dean Rositano	director, officer: President & CTO	1696 DELL AVENUE, CAMPBELL CA 95008
Copper Creek Holdings, Llc	10 percent owner	3846 MOANNA WAY, SANTA CRUZ CA 95062
Stacy L. Rositano	10 percent owner	3846 MOANNA WAY, SANTA CRUZ CA 95062
Andrew A Brodkey	director, officer: President and CEO	4960 N. CAMINO ANTONIO, TUSCON AZ 85718
Frank Garcia	officer: CFO	3040 N. CAMPBELL AVE. SUITE #110, TUCSON AZ 85719
Ronald Richman	director	3040 N. CAMPBELL AVE. SUITE #110, TUCSON AZ 85719
Jodi Henderson	officer: Corporate Secretary	7033 EAST CALLE BETELGEUX, TUCSON AZ 85710
David Hackman	officer: VP of Exploration	3040 NORTH CAMPBELL AVE., SUITE 110, TUCSON AZ 85719
David Ohad	director, 10 percent owner, officer: PRESIDENT	HANCHALA 2, #5023, PARDES HANNA - KARKU L3 37000