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AMST (Amesite) EBIT : $-4.38 Mil (TTM As of Sep. 2024)


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What is Amesite EBIT?

Amesite's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2024 was $-0.93 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was $-4.38 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Amesite's annualized ROC % for the quarter that ended in Sep. 2024 was -244.43%. Amesite's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was -2,168.42%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Amesite's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was -46.05%.


Amesite EBIT Historical Data

The historical data trend for Amesite'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.

Amesite EBIT Chart

Amesite Annual Data
Trend Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
EBIT
Get a 7-Day Free Trial -4.07 -7.97 -9.06 -4.15 -4.40

Amesite 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 -0.95 -0.96 -1.46 -1.03 -0.93

Competitive Comparison of Amesite's EBIT

For the Software - Application subindustry, Amesite'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.


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

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

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



Amesite 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 $-4.38 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.


Amesite  (NAS:AMST) EBIT Explanation

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

Amesite'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 )
=-3.708 * ( 1 - 0% )/( (1.364 + 1.67)/ 2 )
=-3.708/1.517
=-244.43 %

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:

Amesite'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 )
=-3.708/( ( (0.065 + max(-0.264, 0)) + (0.058 + max(0.219, 0)) )/ 2 )
=-3.708/( ( 0.065 + 0.277 )/ 2 )
=-3.708/0.171
=-2,168.42 %

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)
=(0.03 + 0 + 0.504) - (0.143 + 0 + 0.655)
=-0.264

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 1.062) - (0.131 + 0.024 + 0.688)
=0.219

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2024 )
=-4.38/9.512
=-46.05 %

* 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.


Amesite EBIT Related Terms

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Amesite Business Description

Traded in Other Exchanges
N/A
Address
607 Shelby Street, Suite 700, PMB 214, Detroit, MI, USA, 48226
Amesite Inc is an artificial intelligence-driven platform and course designer that rapidly provides customized, high-performance and scalable online products for schools and businesses. The company helps educational institutions and businesses improve learning as their technology partner, delivering a disruptive technology driven by AI and offers a constellation of services that help partners implement new programs, and improve existing ones. Its customers are Enterprises, universities, and K-12 schools.
Executives
Ann Marie Sastry director, officer: Chief Executive Officer C/O LOLA ONE ACQUISITION CORPORATION, 2255 GLADES ROAD, SUITE 324A, BOCA RATON FL 33431
Gilbert S Omenn director AMGEN INC., ONE AMGEN CENTER DRIVE, THOUSAND OAKS CA 91320-1799
J Michael Losh director H.B. FULLER COMPANY, P.O. BOX 64683, ST. PAUL MN 55164-0683
Richard Ogawa director 2953 BUNKER HILL LANE, SUITE 300, SANTA CLARA CA 95054
Anthony M. Barkett director C/O LOLA ONE ACQUISITION CORPORATION, 2255 GLADES ROAD, SUITE 324A, BOCA RATON FL 33431
George Parmer director 102 WEST BAKER STREET, PLANT CITY FL 33563
Sherrie Farrell officer: Chief Financial Officer 607 SHELBY STREET, SUITE 700, PMB 214, DETROIT MI 48226
Mark Corrao officer: Chief Financial Officer 531 AIRPORT NORTH OFFICE PARK, FORT WAYNE IN 46825
Mark N. Tompkins 10 percent owner APP. 1, VIA GUIDINO 23, LUGANO-PARADISO V8 6900
Matthew Kern officer: Chief Financial Officer 607 SHELBY STREET, SUITE 700 PMB 214, DETROIT MI 48226
Richard D. Dibartolomeo officer: Chief Financial Officer C/O AMESITE INC., 205 EAST WASHINGTON STREET, SUITE B, ANN ARBOR MI 48104
Barbie Brewer director 205 EAST WASHINGTON STREET, SUITE B, ANN ARBOR MI 48104