Identillect Technologies (Identillect Technologies) EBIT : $-0.36 Mil (TTM As of Sep. 2023)

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What is Identillect Technologies EBIT?

Identillect Technologies's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2023 was $-0.06 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2023 was $-0.36 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Identillect Technologies's annualized ROC % for the quarter that ended in Sep. 2023 was -33.19%. Identillect Technologies's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was -25,200.00%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Identillect Technologies's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was -7.58%.

Identillect Technologies EBIT Historical Data

The historical data trend for Identillect Technologies'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.

Identillect Technologies EBIT Chart

Identillect Technologies Annual Data

Trend

Jul13

Jul14

Jul15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

EBIT

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-1.38

-0.71

-0.43

-0.60

-0.33

Identillect Technologies Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
EBIT	Get a 7-Day Free Trial															-0.13	-0.11	-0.08	-0.11	-0.06

Competitive Comparison of Identillect Technologies's EBIT

For the Software - Application subindustry, Identillect Technologies'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.

Identillect Technologies's EV-to-EBIT Distribution in the Software Industry

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

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

Identillect Technologies 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. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.36 Mil.

Identillect Technologies (OTCPK:IDTLF) EBIT Explanation

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

Identillect Technologies's annualized ROC % for the quarter that ended in Sep. 2023 is calculated as:

	ROC % (Q: Sep. 2023 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Jun. 2023 )	+	Invested Capital (Q: Sep. 2023 ))	/ count )
=	-0.264 * ( 1 - 0% )	/	( (0.779	+	0.812)	/ 2 )
=	-0.264	/	0.7955
=	-33.19 %

where

	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	))
=	0.116	-	0.485	-	( 0.022	-	max(0, 1.264	-	0.116	+	0.022	))
=	0.779

	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	))
=	0.113	-	0.513	-	( 0.019	-	max(0, 1.324	-	0.112	+	0.019	))
=	0.812

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

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

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

	ROC (Joel Greenblatt) %		(Q: Sep. 2023 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Jun. 2023		Q: Sep. 2023
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-0.252	/	( ( (0.001 + max(-0.722, 0))	+	(0.001 + max(-0.776, 0)) )	/	2 )
=	-0.252	/	( ( 0.001	+	0.001 )	/	2 )
=	-0.252	/	0.001
=	-25,200.00 %

where Working Capital is:

	Working Capital		(Q: Jun. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0.003)	-	(0.485	+	0.239	+	0.0010000000000001)
=	-0.722

	Working Capital		(Q: Sep. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0.002)	-	(0.513	+	0.266	+	-0.0010000000000001)
=	-0.776

When net working capital is negative, 0 is used.

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

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

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

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Sep. 2023 )
	=	-0.361	/	4.760
	=	-7.58 %

Identillect Technologies EBIT Related Terms

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Identillect Technologies (Identillect Technologies) Business Description

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8ID:Germany ID:Canada

Address

609 Granville Street, Suite 1600, Vancouver, BC, CAN, V7Y 1C3

Website

https://www.identillect.com

Identillect Technologies Corp is a software development company that design and developed an email encryption software solution to protect critical information. The company offers a Delivery trust service; which is an email security solution, designed for small and medium-sized businesses. The company serves Accounting, Education Professionals, Financial, Legal, Medical, Real Estate, and Resource industries.