Victory Square Technologies (Victory Square Technologies) EBIT : $-13.16 Mil (TTM As of Sep. 2023)

View and export this data going back to 2016. Start your Free Trial

What is Victory Square Technologies EBIT?

Victory Square Technologies's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2023 was $-1.74 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2023 was $-13.16 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Victory Square Technologies's annualized ROC % for the quarter that ended in Sep. 2023 was -40.96%. Victory Square Technologies's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was -2,183.99%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Victory Square Technologies's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was -131.73%.

Victory Square Technologies EBIT Historical Data

The historical data trend for Victory Square 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.

Victory Square Technologies EBIT Chart

Victory Square Technologies Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

EBIT

Get a 7-Day Free Trial

-9.35

-4.37

12.57

-15.00

-20.35

Victory Square Technologies Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23
EBIT	Get a 7-Day Free Trial															-4.28	-2.49	-10.78	-0.64	-1.74

Competitive Comparison of Victory Square Technologies's EBIT

For the Asset Management subindustry, Victory Square 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.

Victory Square Technologies's EV-to-EBIT Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Victory Square Technologies's EV-to-EBIT distribution charts can be found below:

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

Victory Square 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 $-13.16 Mil.

Victory Square Technologies (OTCPK:VSQTF) EBIT Explanation

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

Victory Square 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: Mar. 2023 )	+	Invested Capital (Q: Sep. 2023 ))	/ count )
=	-6.552 * ( 1 - 1.09% )	/	( (16.298	+	15.347)	/ 2 )
=	-6.4805832	/	15.8225
=	-40.96 %

where

	Invested Capital		(Q: Mar. 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	))
=	16.924	-	1.881	-	( 2.336	-	max(0, 4.287	-	3.032	+	2.336	))
=	16.298

	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	))
=	16.133	-	2.109	-	( 2.438	-	max(0, 4.268	-	2.945	+	2.438	))
=	15.347

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

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

Victory Square 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: Mar. 2023		Q: Sep. 2023
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-6.956	/	( ( (0.273 + max(-2.362, 0))	+	(0.364 + max(-3.06, 0)) )	/	2 )
=	-6.956	/	( ( 0.273	+	0.364 )	/	2 )
=	-6.956	/	0.3185
=	-2,183.99 %

where Working Capital is:

	Working Capital		(Q: Mar. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0.039	+	0.076	+	0.427)	-	(1.881	+	1.022	+	0.00099999999999945)
=	-2.362

	Working Capital		(Q: Sep. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0.095	+	0.036	+	0.28)	-	(2.109	+	1.361	+	0.00099999999999945)
=	-3.06

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:

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

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Sep. 2023 )
	=	-13.157	/	9.988
	=	-131.73 %

Victory Square Technologies EBIT Related Terms

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

Victory Square Technologies (Victory Square Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Victory Square Technologies Inc (OTCPK:VSQTF) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

6F6:Germany VST:Canada

Address

750 West Pender Street, Suite 401, Vancouver, BC, CAN, V6C 2T7

Website

https://www.victorysquare.com

Victory Square Technologies Inc is focused on investing in disruptive innovation builds, acquires, and invests in startups, then provides the senior leadership and resources needed for fast-track growth. Victory Square provides investors with a liquid way to invest in early-stage technology and healthcare companies without buying a venture fund that requires accredited investor status or multi-year commitments. The firm's corporate portfolio consists of companies using Artificial intelligence (AI), Virtual reality (VR), Augmented reality (AR), and blockchain to disrupt sectors as diverse as fintech, insurance, health, and gaming.