FDCTech (OTCPK:FDCT) EBIT

: $0.42 Mil (TTM As of Jun. 2023)

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FDCTech's earnings before interest and taxes (EBIT) for the three months ended in Jun. 2023 was $0.92 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2023 was $0.42 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. FDCTech's annualized ROC % for the quarter that ended in Jun. 2023 was -4.14%. FDCTech's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2023 was 274.90%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. FDCTech's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2023 was 11.47%.

FDCTech EBIT Historical Data

The historical data trend for FDCTech'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.

FDCTech Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

EBIT

-0.08

-0.20

-0.40

-1.73

-1.04

FDCTech Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23
EBIT																-0.37	-0.20	-0.08	-0.23	0.92

FDCTech 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 Jun. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.42 Mil.

FDCTech (OTCPK:FDCT) EBIT Explanation

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

FDCTech's annualized ROC % for the quarter that ended in Jun. 2023 is calculated as:

	ROC % (Q: Jun. 2023 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Mar. 2023 )	+	Invested Capital (Q: Jun. 2023 ))	/ count )
=	-0.216 * ( 1 - 0% )	/	( (3.633	+	6.79)	/ 2 )
=	-0.216	/	5.2115
=	-4.14 %

where

	Invested Capital		(Q: Mar. 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	))
=	4.109	-	0.677	-	( 0.14	-	max(0, 0.816	-	0.615	+	0.14	))
=	3.633

	Invested Capital		(Q: Jun. 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	))
=	7.663	-	0.746	-	( 0.127	-	max(0, 1.82	-	4.127	+	0.127	))
=	6.79

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

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

FDCTech's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2023 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Jun. 2023 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Mar. 2023		Q: Jun. 2023
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	3.696	/	( ( (0.037 + max(-0.253, 0))	+	(0.039 + max(2.613, 0)) )	/	2 )
=	3.696	/	( ( 0.037	+	2.652 )	/	2 )
=	3.696	/	1.3445
=	274.90 %

where Working Capital is:

	Working Capital		(Q: Mar. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0.053	+	0	+	0.422)	-	(0.677	+	0	+	0.051)
=	-0.253

	Working Capital		(Q: Jun. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(2.858	+	0	+	1.142)	-	(0.746	+	0	+	0.641)
=	2.613

When net working capital is negative, 0 is used.

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

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

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

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Jun. 2023 )
	=	0.417	/	3.636
	=	11.47 %

FDCTech EBIT Related Terms

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FDCTech (OTCPK:FDCT) Business Description

Industry

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Traded in Other Exchanges

N/A

Address

200 Spectrum Drive, Suite 300, Irvine, CA, USA, 92618

Website

https://www.fdctech.com

FDCTech Inc is an integrated forex and Cryptocurrency service provider. The Company provides innovative and cost-efficient financial technology and business solutions to OTC Online Brokerages and cryptocurrency businesses. The company have three primary business segments namely, Wealth Management, Technology and Software Development, and Margin Brokerage Business.

Executives

Felix R. Hong	10 percent owner	B-3010, 681 AL BARSHA SOUTH FOURTH, PO 261197, DUBAI C0 00000
Imran Firoz	director, 10 percent owner, officer: CFO, Secretary	129 HEMISPHERE, IRVINE CA 92618
Jonathan Baumgart	director	349 ROSES MILL RD., MILFORD CT 06460
Mitchell M. Eaglstein	director, 10 percent owner, officer: CEO	167 SEA HAMMOCK WAY, PONTE VEDRA BEACH FL 32082