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AEVA (Aeva Technologies) EBIT : $-149.48 Mil (TTM As of Sep. 2024)


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What is Aeva Technologies EBIT?

Aeva Technologies's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2024 was $-37.88 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was $-149.48 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Aeva Technologies's annualized ROC % for the quarter that ended in Sep. 2024 was -298.87%. Aeva Technologies's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was -895.33%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Aeva Technologies's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was -144.86%.


Aeva Technologies EBIT Historical Data

The historical data trend for Aeva 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.

Aeva Technologies EBIT Chart

Aeva Technologies Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
-20.09 -25.74 -104.19 -151.96 -147.79

Aeva Technologies Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 -35.50 -36.85 -37.34 -37.41 -37.88

Competitive Comparison of Aeva Technologies's EBIT

For the Software - Infrastructure subindustry, Aeva 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.


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

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

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



Aeva 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-149.48 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.


Aeva Technologies  (NYSE:AEVA) EBIT Explanation

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

Aeva Technologies's annualized ROC % for the quarter that ended in Sep. 2024 is calculated as:

ROC % (Q: Sep. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2024 ) + Invested Capital (Q: Sep. 2024 ))/ count )
=-151.504 * ( 1 - -0.06% )/( (51.604 + 49.84)/ 2 )
=-151.5949024/50.722
=-298.87 %

where

Note: The Operating Income data used here is four times the quarterly (Sep. 2024) data.

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

Aeva Technologies's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Sep. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2024  Q: Sep. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-151.504/( ( (17.741 + max(-16.656, 0)) + (16.102 + max(-19.778, 0)) )/ 2 )
=-151.504/( ( 17.741 + 16.102 )/ 2 )
=-151.504/16.9215
=-895.33 %

where Working Capital is:

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.844 + 2.999 + 8.351) - (6.76 + 0 + 22.09)
=-16.656

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.575 + 2.125 + 7.752) - (7.642 + 0 + 22.588)
=-19.778

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Sep. 2024) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2024 )
=-149.478/103.187
=-144.86 %

* 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.


Aeva Technologies EBIT Related Terms

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Aeva Technologies Business Description

Traded in Other Exchanges
N/A
Address
555 Ellis Street, Mountain View, CA, USA, 94043
Aeva Technologies Inc through its Frequency Modulated Continuous Wave (FMCW) sensing technology, designs a 4D LiDAR-on-chip that, along with its proprietary software applications, has the potential to enable the adoption of LiDAR across broad applications from automated driving to consumer electronics, consumer health, industrial automation, and security application. The company operates in North America, EMEA, and Asia. The company derives the majority of its revenue from North America.
Executives
Soroush Salehian Dardashti director, 10 percent owner, officer: Chief Executive Officer C/O AEVA TECHNOLOGIES, INC., 555 ELLIS STREET, MOUNTAIN VIEW CA 94043
Mina Rezk director, 10 percent owner, officer: President & CTO C/O AEVA TECHNOLOGIES, INC., 555 ELLIS STREET, MOUNTAIN VIEW CA 94043
Stephen Paul Zadesky director 555 ELLIS STREET, MOUNTAIN VIEW CA 94043
Sylebra Capital Ltd director, 10 percent owner 28 HENNESSY ROAD, 20TH FLOOR, WAN CHAI, HONG KONG K3 00000
Erin L Polek director 5775 MOREHOUSE DRIVE, SAN DIEGO CA 92121
Eberle Christopher G Jr director 14 E. 4TH ST SUITE 405, NEW YORK NY 10012
Daniel Patrick Gibson 10 percent owner 400 FAIRVIEW AVENUE NORTH, SUITE 1200, SEATTLE WA 98109
Saurabh Sinha officer: Chief Financial Officer C/O AEVA TECHNOLOGIES, INC., 555 ELLIS STREET, MOUNTAIN VIEW CA 94043
Peter Hebert 10 percent owner C/O LUX VENTURES, 295 MADISON AVE, 24TH FLOOR, NEW YORK NY 10017
Shahin Farshchi director 11740 WILSHIRE BLVD, #A1309, LOS ANGELES CA 90025
Hrach Simonian director 285 RIVERSIDE AVE., SUITE 250, WESTPORT CT 06880
Josh Wolfe 10 percent owner C/O LUX HEALTH TECH ACQUISITION CORP., 920 BROADWAY, 11TH FLOOR, NEW YORK NY 10010
Lux Co-invest Opportunities, L.p. 10 percent owner C/O LUX CAPITAL MANAGEMENT, 920 BROADWAY, 11TH FLOOR, NEW YORK NY 10010
Lux Co-invest Partners, Llc 10 percent owner C/O LUX CAPITAL, 920 BROADWAY, 11TH FLOOR, NEW YORK NY 10010
Lux Venture Partners Iv, Llc 10 percent owner 920 BROADWAY, 11TH FLOOR, NEW YORK NY 10010