GURUFOCUS.COM » STOCK LIST » Technology » Software » AudioEye Inc (NAS:AEYE) » Definitions » EBIT

AEYE (AudioEye) EBIT : $-2.61 Mil (TTM As of Sep. 2024)


View and export this data going back to 2013. Start your Free Trial

What is AudioEye EBIT?

AudioEye's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2024 was $-0.99 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was $-2.61 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. AudioEye's annualized ROC % for the quarter that ended in Sep. 2024 was -17.30%. AudioEye's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was -585.52%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. AudioEye's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was -1.13%.


AudioEye EBIT Historical Data

The historical data trend for AudioEye'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.

AudioEye EBIT Chart

AudioEye Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -7.71 -7.01 -14.20 -10.43 -5.97

AudioEye 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 -1.39 -0.49 -0.63 -0.50 -0.99

Competitive Comparison of AudioEye's EBIT

For the Software - Application subindustry, AudioEye'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.


AudioEye's EV-to-EBIT Distribution in the Software Industry

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

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



AudioEye 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 $-2.61 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.


AudioEye  (NAS:AEYE) EBIT Explanation

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

AudioEye'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 )
=-3.964 * ( 1 - 0% )/( (17.709 + 28.123)/ 2 )
=-3.964/22.916
=-17.30 %

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:

AudioEye'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 )
=-3.964/( ( (0.696 + max(-3.268, 0)) + (0.658 + max(-5.15, 0)) )/ 2 )
=-3.964/( ( 0.696 + 0.658 )/ 2 )
=-3.964/0.677
=-585.52 %

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)
=(5.42 + 0 + 1.05) - (2.688 + 7.05 + 0)
=-3.268

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(4.876 + 0 + 1.042) - (3.481 + 7.587 + 0)
=-5.15

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2024 )
=-2.612/230.521
=-1.13 %

* 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.


AudioEye EBIT Related Terms

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


AudioEye Business Description

Traded in Other Exchanges
N/A
Address
5210 East Williams Circle, Suite 750, Tucson, AZ, USA, 85711
AudioEye Inc is a software solution provider delivering immediate ADA and WCAG accessibility compliance at scale. Through patented technology, subject matter expertise and proprietary processes, it is eradicating all barriers to digital accessibility, helping creators get accessible and supporting them with ongoing advisory and automated upkeep. Trusted by the ADP, Tommy Hilfiger, A360 Media, Samsung, Landry's, and others. It helps everyone identify and resolve issues of accessibility and enhance user experiences, automating digital accessibility for the widest audiences.
Executives
David Moradi 10 percent owner 379 WEST BROADWAY, NEW YORK NY 10021
Kelly Georgevich officer: Chief Financial Officer 5210 E. WILLIAMS CIRCLE, SUITE 750, TUCSON AZ 85711
Carr Bettis director, 10 percent owner, officer: Exec Chrmn/Chrmn of the Board 9070 S. RITA ROAD, SUITE 1450, TUCSON AZ 85747
Katherine E. Fleming director ONE MIFFLIN PLACE, 119 MT. AUBURN STREET, SUITE 400, CAMBRIDGE MA 02138
Jamil A. Tahir director 5210 E. WILLIAMS CIRCLE, SUITE 750, TUCSON AZ 85711
Christopher Hundley officer: President C/O AUDIOEYE,INC., 5210 E. WILLIAMS CIRCLE, SUITE 750, TUSCON AZ 85711
Dominic Peter Varacalli officer: President 930 NW 12TH AVE, UNIT 228, PORTLAND OR 97209
Marc Lehmann director 5210 E. WILLIAMS CIRCLE, SUITE 750, TUCSON AZ 85711
Anthony L Coelho director 5210 E. WILLIAMS CIRCLE, SUITE 750, TUCSON AZ 85711
Sero Capital Llc 10 percent owner 1333 2ND STREET, 3RD FLOOR, SANTA MONICA CA 90401
Alexandre Zyngier director 5700 W. PLANO PARKWAY, SUITE 3600, PLANO TX 75093
Lonny Sternberg officer: Chief Operating Officer C/O AUDIOEYE, INC., 5210 E. WILLIAMS CIRCLE, SUITE 750, TUCSON AZ 85711
Heath Thompson officer: Chief Executive Officer C/O AUDIOEYE, INC., 5210 E. WILLIAMS CIRCLE, SUITE 750, TUCSON AZ 85711
Sean D. Bradley officer: President and CSO 9070 S. RITA ROAD, SUITE 1450, TUCSON AZ 85747
Sachin Barot officer: Chief Financial Officer C/O AUDIOEYE, INC., 5210 E. WILLIAMS CIRCLE, SUITE 750, TUCSON AZ 85711