Genius Sports (Genius Sports) EBIT : $-71.7 Mil (TTM As of Dec. 2023)

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What is Genius Sports EBIT?

Genius Sports's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was $-34.1 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was $-71.7 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Genius Sports's annualized ROC % for the quarter that ended in Dec. 2023 was -22.77%. Genius Sports's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -715.58%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Genius Sports's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -7.17%.

Genius Sports EBIT Historical Data

The historical data trend for Genius Sports'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.

Genius Sports EBIT Chart

Genius Sports Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

EBIT

-38.73

-20.66

-601.12

-181.79

-71.66

Genius Sports Quarterly Data
	Dec18	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
EBIT	Get a 7-Day Free Trial													-43.86	-22.20	-7.35	-8.06	-34.06

Competitive Comparison of Genius Sports's EBIT

For the Internet Content & Information subindustry, Genius Sports'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.

Genius Sports's EV-to-EBIT Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Genius Sports's EV-to-EBIT distribution charts can be found below:

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

Genius Sports 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-71.7 Mil.

Genius Sports (NYSE:GENI) EBIT Explanation

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

Genius Sports's annualized ROC % for the quarter that ended in Dec. 2023 is calculated as:

	ROC % (Q: Dec. 2023 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Sep. 2023 )	+	Invested Capital (Q: Dec. 2023 ))	/ count )
=	-136.236 * ( 1 - 1.07% )	/	( (586.514	+	597.106)	/ 2 )
=	-134.7782748	/	591.81
=	-22.77 %

where

	Invested Capital		(Q: Sep. 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	))
=	772.199	-	112.357	-	( 91.992	-	max(0, 174.733	-	248.061	+	91.992	))
=	586.514

	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	))
=	775.724	-	116.751	-	( 100.331	-	max(0, 182.914	-	244.781	+	100.331	))
=	597.106

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

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

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

	ROC (Joel Greenblatt) %		(Q: Dec. 2023 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Sep. 2023		Q: Dec. 2023
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-136.236	/	( ( (19.514 + max(-51.926, 0))	+	(18.563 + max(-73.065, 0)) )	/	2 )
=	-136.236	/	( ( 19.514	+	18.563 )	/	2 )
=	-136.236	/	19.0385
=	-715.58 %

where Working Capital is:

	Working Capital		(Q: Sep. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(61.663	+	0.388	+	50.055)	-	(112.357	+	46.952	+	4.723)
=	-51.926

	Working Capital		(Q: Dec. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(71.088	+	0.347	+	27.231)	-	(116.751	+	50.546	+	4.434)
=	-73.065

When net working capital is negative, 0 is used.

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

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

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

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Dec. 2023 )
	=	-71.664	/	999.040
	=	-7.17 %

Genius Sports EBIT Related Terms

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Genius Sports (Genius Sports) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Genius Sports Ltd (NYSE:GENI) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

10 Bloomsbury Way, 9th Floor, London, GBR, WC1A 2SL

Website

https://www.geniussports.com

Genius Sports Ltd is a B2B provider of scalable, technology-led products and services to the sports, sports betting, and sports media industries. Its services are organized into three key product areas including Sports Technology and Services; Betting Technology, Content and Services; and Media Technology, Content and Services. All of its products are powered by proprietary technology and robust data infrastructure. It generates maximum revenue from the Betting Technology, Content and Services division. Geographically, the company derives a majority of its revenue from Europe.