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Lendway (Lendway) EBIT : $-0.80 Mil (TTM As of Dec. 2023)


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What is Lendway EBIT?

Lendway's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was $-0.54 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was $-0.80 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Lendway's annualized ROC % for the quarter that ended in Dec. 2023 was -136.07%. Lendway's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -430.95%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Lendway's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 15.60%.


Lendway EBIT Historical Data

The historical data trend for Lendway'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.

Lendway EBIT Chart

Lendway Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -4.09 -4.77 -3.46 -2.44 -3.52

Lendway Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 -0.78 1.54 -0.17 -1.63 -0.54

Competitive Comparison of Lendway's EBIT

For the Advertising Agencies subindustry, Lendway'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.


Lendway's EV-to-EBIT Distribution in the Media - Diversified Industry

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

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



Lendway 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 $-0.80 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.


Lendway  (NAS:LDWY) EBIT Explanation

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

Lendway'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 )
=-2.144 * ( 1 - -7% )/( (2.424 + 0.948)/ 2 )
=-2.29408/1.686
=-136.07 %

where

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

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

Lendway'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 )
=-2.144/( ( (0.041 + max(0.912, 0)) + (0.042 + max(-0.762, 0)) )/ 2 )
=-2.144/( ( 0.953 + 0.042 )/ 2 )
=-2.144/0.4975
=-430.95 %

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)
=(0.2 + 0 + 2.407) - (0.26 + 0 + 1.435)
=0.912

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.33) - (0.2 + 0 + 0.892)
=-0.762

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=-0.797/-5.109
=15.60 %

* 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.


Lendway EBIT Related Terms

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Lendway (Lendway) Business Description

Traded in Other Exchanges
N/A
Address
212 Third Avenue North, Suite 356, Minneapolis, MN, USA, 55401
Lendway Inc Formerly Insignia Systems Inc offers in-store and digital advertising solutions to consumer-packaged goods manufacturers, retailers, shopper marketing agencies and brokerages. It offers custom design, printing, and store signage programs directly to retailers that seek effective ways to communicate with their shoppers in the store. The company's products include the Insignia Point-of-Purchase Services (POPS) in-store marketing program, Laser printable cardstock and Label supplies. The company shelf-edge advertising and promotion tactic. The program allows manufacturers to deliver product information to consumers at the point-of-purchase. The company also provides marketing solutions to brands spanning from some of the largest multinationals to new and emerging brands.
Executives
Mary Herfurth director 212 THIRD AVENUE NORTH, STE. 356, MINNEAPOLIS MN 55401
Matthew Kelly director 212 THIRD AVENUE NORTH, SUITE 356, MINNEAPOLIS MN 55401
Nicholas John Swenson director, 10 percent owner 5000 WEST 36TH STREET, SUITE 130, MINNEAPOLIS MN 55416
Randy D. Uglem officer: Sr Vice President of Lending 212 THIRD AVE N, STE 356, MINNEAPOLIS MN 55401
Daniel C. Philp director 212 THIRD AVE N, STE 356, MINNEAPOLIS MN 55401
Mark Jundt director 212 THIRD AVE N, STE 356, MINNEAPOLIS MN 55401
Zackery Weber officer: Sr Dir Fin Plng-Interim PAO 8799 BROOKLYN BLVD, MINNEAPOLIS MN 55445
Air T Inc 10 percent owner 11020 DAVID TAYLOR DRIVE, SUITE 305, CHARLOTTE NC 28262
Funicular Fund, Lp 10 percent owner 2261 MARKET STREET, #4307, SAN FRANCISCO CA 94114
Chad Bruce Johnson director 8799 BROOKLYN BLVD, MINNEAPOLIS MN 55445
Cable Car Capital Llc 10 percent owner 2261 MARKET STREET #4307, SAN FRANCISCO CA 94114
Adam D May officer: CHIEF GROWTH OFFICER 8799 BROOKLYN BLVD, MINNEAPOLIS MN 55445
Loren A Unterseher director 8799 BROOKLYN BLVD, MINNEAPOLIS MN 55445
Kristine A Glancy officer: Chief Executive Officer 8799 BROOKLYN BLVD., MINNEAPOLIS MN 55445
Suzanne L Clarridge director 8799 BROOKLYN BLVD, MINNEAPOLIS MN 55445