Thrive Tribe Technologies (ASX:1TT) EBIT : A$-3.31 Mil (TTM As of Jun. 2024)

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What is Thrive Tribe Technologies EBIT?

Thrive Tribe Technologies's earnings before interest and taxes (EBIT) for the six months ended in Jun. 2024 was A$-2.19 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2024 was A$-3.31 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Thrive Tribe Technologies's annualized ROC % for the quarter that ended in Jun. 2024 was -151.18%. Thrive Tribe Technologies's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was -4,716.13%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Thrive Tribe Technologies's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was -68.42%.

Thrive Tribe Technologies EBIT Historical Data

The historical data trend for Thrive Tribe 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.

Thrive Tribe Technologies EBIT Chart

Thrive Tribe Technologies Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

EBIT

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-1.56

-2.94

-2.17

-1.91

-3.31

Thrive Tribe Technologies Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
EBIT	Get a 7-Day Free Trial														-0.49	-0.77	-1.14	-1.11	-2.19

Competitive Comparison of Thrive Tribe Technologies's EBIT

For the Software - Application subindustry, Thrive Tribe 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.

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

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

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

Thrive Tribe 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 Jun. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was A$-3.31 Mil.

Thrive Tribe Technologies (ASX:1TT) EBIT Explanation

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

Thrive Tribe Technologies'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 )
=	-4.004 * ( 1 - 0% )	/	( (2.792	+	2.505)	/ 2 )
=	-4.004	/	2.6485
=	-151.18 %

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	))
=	5.538	-	0.567	-	( 2.179	-	max(0, 0.575	-	2.92	+	2.179	))
=	2.792

	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	))
=	3.294	-	0.633	-	( 0.156	-	max(0, 1.001	-	1.842	+	0.156	))
=	2.505

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:

Thrive Tribe Technologies'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 )
=	-4.386	/	( ( (0.012 + max(0.166, 0))	+	(0.008 + max(-0.753, 0)) )	/	2 )
=	-4.386	/	( ( 0.178	+	0.008 )	/	2 )
=	-4.386	/	0.093
=	-4,716.13 %

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)
=	(0.648	+	0.082	+	0.011)	-	(0.567	+	0	+	0.008)
=	0.166

	Working Capital		(Q: Jun. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0.001	+	0	+	0.097)	-	(0.633	+	0	+	0.218)
=	-0.753

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:

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

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Jun. 2024 )
	=	-3.306	/	4.832
	=	-68.42 %

Thrive Tribe Technologies EBIT Related Terms

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Thrive Tribe Technologies Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Thrive Tribe Technologies Ltd (ASX:1TT) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

19-29 Martin Place, Level 57, MLC Centre, Sydney, NSW, AUS, 2000

Website

https://www.thrivetribetech.com

Thrive Tribe Technologies Ltd provides customers with a cloud-based Saas App that enables them to communicate with employees in a mobile, collaborative, and effective manner. The Company is organised into two operating segments: Thrive Tribe Technologies which is Product development and investment operations including short term share trades; Wooboard Software-as-a-Service products which includes Sale of cloud based Software as a Service products that enabled subscribed companies; and Kumu Group Pty Ltd Two-sided platform allows for creators and members to create new connections-testing phase.

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