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Outbrain (Outbrain) EBIT : $21.7 Mil (TTM As of Dec. 2023)


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What is Outbrain EBIT?

Outbrain's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was $7.8 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was $21.7 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Outbrain's annualized ROC % for the quarter that ended in Dec. 2023 was 4.69%. Outbrain's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 56.27%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Outbrain's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 12.88%.


Outbrain EBIT Historical Data

The historical data trend for Outbrain'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.

Outbrain EBIT Chart

Outbrain Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
-14.43 8.48 -7.49 -10.95 21.75

Outbrain Quarterly Data
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 -1.07 -5.45 16.45 2.98 7.77

Competitive Comparison of Outbrain's EBIT

For the Internet Content & Information subindustry, Outbrain'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.


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

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

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



Outbrain 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 $21.7 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.


Outbrain  (NAS:OB) EBIT Explanation

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

Outbrain'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 )
=22.84 * ( 1 - 40.38% )/( (280.218 + 301.001)/ 2 )
=13.617208/290.6095
=4.69 %

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))
=630.474 - 229.933 - ( 168.601 - max(0, 266.526 - 386.849+168.601))
=280.218

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))
=664.637 - 259.481 - ( 165.202 - max(0, 297.621 - 401.776+165.202))
=301.001

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

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

Outbrain'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 )
=31.08/( ( (55.855 + max(-44.274, 0)) + (54.606 + max(-57.363, 0)) )/ 2 )
=31.08/( ( 55.855 + 54.606 )/ 2 )
=31.08/55.2305
=56.27 %

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)
=(171.239 + 0 + 47.009) - (229.933 + 6.832 + 25.757)
=-44.274

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(189.334 + 0 + 47.24) - (259.481 + 8.486 + 25.97)
=-57.363

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=21.748/168.786
=12.88 %

* 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.


Outbrain EBIT Related Terms

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Outbrain (Outbrain) Business Description

Traded in Other Exchanges
Address
111 West 19th Street, New York, NY, USA, 10011
Outbrain Inc is a platform powering the open web that matches audiences with personalized content and ads, driving quality engagement. Its platform delivers ads to end-users that appear as links to articles, products, and videos on media partners' sites. It derives revenue from advertisers through user engagement with the ads that it places on media partners' web pages and mobile applications. The company has its geographic presence in Europe, the Middle East, and Africa followed by the USA and others.
Executives
Wenkai Bradshaw officer: CAO & VP Corporate Controller C/O OUTBRAIN INC., 111 WEST 19TH STREET, NEW YORK NY 10011
Jason Kiviat officer: Chief Financial Officer C/O OUTBRAIN INC., 111 WEST 19TH STREET, NEW YORK NY 10011
Nithya B. Das director C/O OLO INC., 99 HUDSON STREET, 10TH FLOOR, NEW YORK NY 10013
Ori Lahav officer: Co-Founder, CTO and GM, Israel C/O OUTBRAIN INC., 111 WEST 19TH STREET, NEW YORK NY 10011
Yaffa Krindel director C/O OUTBRAIN INC., 111 WEST 19TH STREET, NEW YORK NY 10011
Jhaveri Kathryn Taneyhill director C/O OUTBRAIN INC., 111 WEST 19TH STREET, NEW YORK NY 10011
Yaron Galai director, officer: Co-Founder and Co-CEO C/O OUTBRAIN INC., 111 WEST 19TH STREET, NEW YORK NY 10011
Viola Ventures Iii, L.p. 10 percent owner 12 ABBA EBAN AVENUE, CKERSTEIN TOWERS BUILDING D, HERZLIYA L3 4672530
Gemini Partners Investors Iv (annex Fund) L.p. 10 percent owner 1 ABBA EBAN AVENUE, MERKAZIM 2001,, BLDG A, 3RD FLOOR, HERZLIYA L3 00000
Gemini Israel Iv (annex Fund) Limited Partnership 10 percent owner 1 ABBA EBAN AVENUE, MERKAZIM 2001,, BLDG A, 3RD FLOOR, HERZLIYA L3 00000
Gemini Partners Investors Iv L.p. 10 percent owner 1 ABBA EBAN AVENUE, MERKAZIM 2001,, BLDG A, 3RD FLOOR, HERZLIYA L3 00000
Gemini Israel Iv Limited Partnership 10 percent owner 1 ABBA EBAN AVENUE, MERKAZIM 2001,, BLDG A, 3RD FLOOR, HERZLIYA L3 00000
Arne Wolter director C/O OUTBRAIN INC., 111 WEST 19TH STREET, NEW YORK NY 10011
Lsvp Vii Trust 10 percent owner 2200 SAND HILL ROAD, SUITE 100, MENLO PARK CA 94025
David Kostman director, officer: Co-Chief Executive Officer C/O OUTBRAIN INC., 111 WEST 19TH STREET, NEW YORK NY 10011