Farmers Edge (TSX:FDGE) EBIT : C$-70.35 Mil (TTM As of Sep. 2023)

View and export this data going back to 2021. Start your Free Trial

What is Farmers Edge EBIT?

Farmers Edge's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2023 was C$-16.43 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2023 was C$-70.35 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Farmers Edge's annualized ROC % for the quarter that ended in Sep. 2023 was -128.08%. Farmers Edge's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was -221.70%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Farmers Edge's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was -83.25%.

Farmers Edge EBIT Historical Data

The historical data trend for Farmers Edge'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.

Farmers Edge EBIT Chart

Farmers Edge Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

EBIT

Get a 7-Day Free Trial

-89.05

-85.68

-49.00

-58.64

-85.17

Farmers Edge Quarterly Data
	Dec17	Dec18	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
EBIT	Get a 7-Day Free Trial														-20.68	-19.08	-17.61	-17.23	-16.43

Competitive Comparison of Farmers Edge's EBIT

For the Software - Application subindustry, Farmers Edge'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.

Farmers Edge's EV-to-EBIT Distribution in the Software Industry

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

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

Farmers Edge 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 C$-70.35 Mil.

Farmers Edge (TSX:FDGE) EBIT Explanation

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

Farmers Edge'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 )
=	-66.468 * ( 1 - 0% )	/	( (54.577	+	49.217)	/ 2 )
=	-66.468	/	51.897
=	-128.08 %

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	))
=	66.709	-	10.772	-	( 11.884	-	max(0, 17.862	-	19.222	+	11.884	))
=	54.577

	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	))
=	59.382	-	11.285	-	( 9.459	-	max(0, 14.673	-	13.553	+	9.459	))
=	49.217

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

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

Farmers Edge'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 )
=	-65.732	/	( ( (30.405 + max(-7.883, 0))	+	(28.893 + max(-8.291, 0)) )	/	2 )
=	-65.732	/	( ( 30.405	+	28.893 )	/	2 )
=	-65.732	/	29.649
=	-221.70 %

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)
=	(5.952	+	0.115	+	1.271)	-	(10.772	+	4.276	+	0.173)
=	-7.883

	Working Capital		(Q: Sep. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(3.193	+	0.106	+	0.795)	-	(11.285	+	0.765	+	0.335)
=	-8.291

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:

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

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Sep. 2023 )
	=	-70.35	/	84.508
	=	-83.25 %

Farmers Edge EBIT Related Terms

Thank you for viewing the detailed overview of Farmers Edge's EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.

Farmers Edge (TSX:FDGE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Farmers Edge Inc (TSX:FDGE) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

FMEGF:USA 8QI:Germany

Address

25 Rothwell Road, Winnipeg, MB, CAN, R3P 2M5

Website

https://www.farmersedge.ca

Farmers Edge Inc provides digital agriculture services. It has two reportable segments which have digital agronomy operations and e-commerce operations. Digital Agronomy Operations offers growers a comprehensive suite of digital agronomy solutions, sold in five key subscription levels and billed annually per acre. The e-commerce business includes the sale of agricultural products through online marketplaces. The majority of the revenue of firms comes from its digital agronomy operations segment.

Farmers Edge (TSX:FDGE) Headlines

No Headlines