Arqit Quantum (Arqit Quantum) EBIT : $-77.28 Mil (TTM As of Mar. 2024)

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What is Arqit Quantum EBIT?

Arqit Quantum's earnings before interest and taxes (EBIT) for the six months ended in Mar. 2024 was $-15.97 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was $-77.28 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Arqit Quantum's annualized ROC % for the quarter that ended in Mar. 2024 was -128.82%. Arqit Quantum's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -210.68%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield.

Arqit Quantum EBIT Historical Data

The historical data trend for Arqit Quantum'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.

Arqit Quantum EBIT Chart

Arqit Quantum Annual Data

Trend

Sep19

Sep20

Sep21

Sep22

Sep23

EBIT

-0.74

-270.65

53.63

-73.77

Arqit Quantum Semi-Annual Data
	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
EBIT	Get a 7-Day Free Trial			58.12	-4.49	-12.45	-61.31	-15.97

Competitive Comparison of Arqit Quantum's EBIT

For the Software - Infrastructure subindustry, Arqit Quantum'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.

Arqit Quantum's EV-to-EBIT Distribution in the Software Industry

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

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

Arqit Quantum 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 Mar. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was $-77.28 Mil.

Arqit Quantum (NAS:ARQQW) EBIT Explanation

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

Arqit Quantum's annualized ROC % for the quarter that ended in Mar. 2024 is calculated as:

	ROC % (Q: Mar. 2024 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Sep. 2023 )	+	Invested Capital (Q: Mar. 2024 ))	/ count )
=	-33.276 * ( 1 - 0% )	/	( (36.517	+	15.146)	/ 2 )
=	-33.276	/	25.8315
=	-128.82 %

where

	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	))
=	99.785	-	18.813	-	( 44.455	-	max(0, 26.818	-	86.349	+	44.455	))
=	36.517

	Invested Capital		(Q: Mar. 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	))
=	41.804	-	14.715	-	( 21.328	-	max(0, 17.181	-	29.124	+	21.328	))
=	15.146

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

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

Arqit Quantum's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Mar. 2024 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Sep. 2023		Q: Mar. 2024
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-31.93	/	( ( (8.104 + max(15.25, 0))	+	(6.958 + max(-13.577, 0)) )	/	2 )
=	-31.93	/	( ( 23.354	+	6.958 )	/	2 )
=	-31.93	/	15.156
=	-210.68 %

where Working Capital is:

	Working Capital		(Q: Sep. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(1.273	+	0	+	38.677)	-	(18.813	+	0.018	+	5.869)
=	15.25

	Working Capital		(Q: Mar. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(1.168	+	0	+	0)	-	(14.715	+	0.03	+	0)
=	-13.577

When net working capital is negative, 0 is used.

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

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

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

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Mar. 2024 )
	=	-77.276	/	0.000
	=	%

Arqit Quantum EBIT Related Terms

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Arqit Quantum (Arqit Quantum) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Arqit Quantum Inc (NAS:ARQQW) » Definitions » EBIT

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Traded in Other Exchanges

ARQQ:USA

Address

Nova North, 11 Bressenden Place, 7th floor, London, GBR, SW1E 5BY

Website

https://www.arqit.uk

Arqit Quantum Inc is a cybersecurity company that has pioneered a symmetric key agreement technology which makes the communications links of any networked device or data at rest secure against current and future forms of cyber attack - even an attack from a quantum computer. Arqit delivers its symmetric key agreement technology via its QuantumCloud. Its product, QuantumCloud, enables any device to download a lightweight software agent, which can create keys in partnership with any other device. The firm operates in one segment that is, the provision of cybersecurity services via satellite and terrestrial platforms. Key revenue comes from the UK.