Halo Technologies Holdings (ASX:HAL) EBIT : A$-7.86 Mil (TTM As of Dec. 2023)

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What is Halo Technologies Holdings EBIT?

Halo Technologies Holdings's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2023 was A$-4.09 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was A$-7.86 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Halo Technologies Holdings's annualized ROC % for the quarter that ended in Dec. 2023 was -1.83%. Halo Technologies Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -1,470.86%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Halo Technologies Holdings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -179.79%.

Halo Technologies Holdings EBIT Historical Data

The historical data trend for Halo Technologies Holdings'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.

Halo Technologies Holdings EBIT Chart

Halo Technologies Holdings Annual Data

Trend

Dec21

Dec22

Dec23

EBIT

-1.57

-7.86

Halo Technologies Holdings Semi-Annual Data
	Jun22	Dec22	Jun23	Dec23
EBIT	-0.75	-0.82	-3.77	-4.09

Competitive Comparison of Halo Technologies Holdings's EBIT

For the Software - Application subindustry, Halo Technologies Holdings'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.

Halo Technologies Holdings's EV-to-EBIT Distribution in the Software Industry

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

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

Halo Technologies Holdings 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 Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was A$-7.86 Mil.

Halo Technologies Holdings (ASX:HAL) EBIT Explanation

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

Halo Technologies Holdings's annualized ROC % for the quarter that ended in Dec. 2023 is calculated as:

	ROC % (Q: Dec. 2023 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Jun. 2023 )	+	Invested Capital (Q: Dec. 2023 ))	/ count )
=	-7.096 * ( 1 - 10.24% )	/	( (239.322	+	456.43)	/ 2 )
=	-6.3693696	/	347.876
=	-1.83 %

where

	Invested Capital		(Q: Jun. 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	))
=	254.934	-	1.922	-	( 13.69	-	max(0, 229.892	-	244.692	+	13.69	))
=	239.322

	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	))
=	466.095	-	1.129	-	( 8.536	-	max(0, 444.88	-	455.477	+	8.536	))
=	456.43

Note: The Operating Income data used here is two times the semi-annual (Dec. 2023) data.

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

Halo Technologies Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Dec. 2023 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Jun. 2023		Q: Dec. 2023
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-8.178	/	( ( (0.001 + max(1.11, 0))	+	(0.001 + max(-1.08, 0)) )	/	2 )
=	-8.178	/	( ( 1.111	+	0.001 )	/	2 )
=	-8.178	/	0.55600000000001
=	-1,470.86 %

where Working Capital is:

	Working Capital		(Q: Jun. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(3.141	+	0	+	227.861)	-	(1.922	+	0	+	227.97)
=	1.11

	Working Capital		(Q: Dec. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0.132	+	0	+	443.625)	-	(1.129	+	0	+	443.708)
=	-1.08

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Dec. 2023) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Dec. 2023 )
	=	-7.857	/	4.370
	=	-179.79 %

Halo Technologies Holdings EBIT Related Terms

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Halo Technologies Holdings (ASX:HAL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Halo Technologies Holdings Ltd (ASX:HAL) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

10 Barrack Street, Level 4, Sydney, NSW, AUS, 2000

Website

https://www.halo-technologies.com

Halo Technologies Holdings Ltd is a provider and developer of financial services and technology. Halo is an online global equities research and trade execution software solution that brings sophisticated institutional-grade analytical frameworks and market insights to everyday investors. Halo includes two distinct and integrated offerings in HALO global, designed for hands on investors who want professional grade tools without the cost, and HALO Trading which offers global trade execution capability and ready-made themed investment portfolios that are ideal for low-touch and values based investors and SMSFs.