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ARBB (ARB IOT Group) EBIT : $-14.06 Mil (TTM As of Jun. 2024)


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What is ARB IOT Group EBIT?

ARB IOT Group's earnings before interest and taxes (EBIT) for the six months ended in Jun. 2024 was $-0.58 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2024 was $-14.06 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. ARB IOT Group's annualized ROC % for the quarter that ended in Jun. 2024 was -5.11%. ARB IOT Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was -3.87%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. ARB IOT Group's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was -130.98%.

ARB IOT Group EBIT Historical Data

The historical data trend for ARB IOT Group'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.

ARB IOT Group EBIT Chart

ARB IOT Group Annual Data
Trend Jun21 Jun22 Jun23 Jun24
EBIT
4.94 20.07 4.73 -13.91

ARB IOT Group Semi-Annual Data
Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
EBIT Get a 7-Day Free Trial 12.84 0.55 4.21 -13.48 -0.58

Competitive Comparison of ARB IOT Group's EBIT

For the Information Technology Services subindustry, ARB IOT Group'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.

ARB IOT Group's EV-to-EBIT Distribution in the Software Industry

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

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


ARB IOT Group 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 Jun. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was $-14.06 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.

ARB IOT Group  (NAS:ARBB) EBIT Explanation

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

ARB IOT Group's annualized ROC % for the quarter that ended in Jun. 2024 is calculated as:

ROC % (Q: Jun. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2023 ) + Invested Capital (Q: Jun. 2024 ))/ count )
=-1.408 * ( 1 - -77.47% )/( (42.225 + 55.519)/ 2 )
=-2.4987776/48.872
=-5.11 %

where

Invested Capital(Q: Dec. 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))
=57.701 - 34.827 - ( 6.458 - max(0, 34.853 - 15.502+6.458))
=42.225

Invested Capital(Q: Jun. 2024 )
=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))
=57.949 - 0.309 - ( 2.121 - max(0, 0.337 - 15.016+2.121))
=55.519

Note: The Operating Income data used here is two times the semi-annual (Jun. 2024) data.

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

ARB IOT Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Jun. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2023  Q: Jun. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-1.152/( ( (22.897 + max(-25.928, 0)) + (24.086 + max(12.525, 0)) )/ 2 )
=-1.152/( ( 22.897 + 36.611 )/ 2 )
=-1.152/29.754
=-3.87 %

where Working Capital is:

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.58 + 0 + 8.318) - (34.827 + 0 + -0.00099999999999767)
=-25.928

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(5.913 + 0 + 6.922) - (0.309 + 0 + 0.001)
=12.525

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Jun. 2024) EBIT data.

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

ARB IOT Group's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2024 )
=-14.055/10.731
=-130.98 %

* 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.

ARB IOT Group EBIT Related Terms

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ARB IOT Group Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » ARB IOT Group Ltd (NAS:ARBB) » Definitions » EBIT
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Traded in Other Exchanges
N/A
Address
10 Marina Boulevard, Level 39, Financial Centre Tower 2, Marina Bay, SGP, 018983
Website
https://www.arbiotgroup.com
ARB IOT Group Ltd is engaged in provision of hardware and software of Internet of Things solutions to meet customers' demand in four business lines, which are IoT Smart Home and Buildings, IoT Smart Agriculture, IoT System Development, and IoT Gadget Distribution. The company delivers holistic solutions with full turnkey deployment from designing, installation, testing, pre-commissioning, and commissioning of various IoT systems and devices as well as integration of automated systems, including installation of wire and wireless and mechatronic works. The company has two operating segments: Internet of Things ('IoT'), Investment holding and others. It earns its maximum profit from the Internet of Things (IoT) segment.