GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » PlaySide Studios Ltd (ASX:PLY) » Definitions » EBIT

PlaySide Studios (ASX:PLY) EBIT : A$7.68 Mil (TTM As of Dec. 2023)


View and export this data going back to 2020. Start your Free Trial

What is PlaySide Studios EBIT?

PlaySide Studios's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2023 was A$9.46 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was A$7.68 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. PlaySide Studios's annualized ROC % for the quarter that ended in Dec. 2023 was 107.77%. PlaySide Studios's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 513.66%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. PlaySide Studios's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 2.25%.

PlaySide Studios EBIT Historical Data

The historical data trend for PlaySide Studios'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.

PlaySide Studios EBIT Chart

PlaySide Studios Annual Data
Trend Jun20 Jun21 Jun22 Jun23
EBIT
- -6.49 5.25 -7.37

PlaySide Studios Semi-Annual Data
Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
EBIT Get a 7-Day Free Trial -0.60 5.85 -5.59 -1.78 9.46

Competitive Comparison of PlaySide Studios's EBIT

For the Electronic Gaming & Multimedia subindustry, PlaySide Studios'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.

PlaySide Studios's EV-to-EBIT Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, PlaySide Studios's EV-to-EBIT distribution charts can be found below:

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


PlaySide Studios 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$7.68 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.

PlaySide Studios  (ASX:PLY) EBIT Explanation

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

PlaySide Studios'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 )
=18.918 * ( 1 - 10.55% )/( (11.567 + 19.836)/ 2 )
=16.922151/15.7015
=107.77 %

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))
=48.219 - 5.593 - ( 32.344 - max(0, 7.982 - 39.041+32.344))
=11.567

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))
=61.636 - 5.96 - ( 38.628 - max(0, 11.354 - 47.194+38.628))
=19.836

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:

PlaySide Studios'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 )
=18.918/( ( (3.205 + max(-1.02, 0)) + (4.161 + max(-1.958, 0)) )/ 2 )
=18.918/( ( 3.205 + 4.161 )/ 2 )
=18.918/3.683
=513.66 %

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)
=(5.811 + 0 + 0.68899999999999) - (5.593 + 0.039 + 1.888)
=-1.02

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(7.737 + 0 + 0.829) - (5.96 + 1.91 + 2.654)
=-1.958

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=7.675/341.790
=2.25 %

* 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.

PlaySide Studios EBIT Related Terms

Thank you for viewing the detailed overview of PlaySide Studios's EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.

PlaySide Studios (ASX:PLY) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » PlaySide Studios Ltd (ASX:PLY) » Definitions » EBIT
Comparable Companies
ASX:ICI ASX:SP8 ASX:MKL ATVI ATVI NTES TSE:7974 EA TTWO RBLX TSE:3659 TSE:9766 TSE:9697 SZSE:002555 XKRX:259960 BILI SZSE:300418 HKSE:03888 TSE:3635 TSE:9684
Traded in Other Exchanges
QJ9:Germany
Address
75 Crockford Street, Level 1, Port Melbourne, Melbourne, VIC, AUS, 3207
Website
https://www.playsidestudios.com
PlaySide Studios Ltd is a video game developer in Australia. The company delivers games across four platforms: Mobile, Virtual Reality (VR), Augmented Reality (AR) and PC. Some of its games include Ghost Pop, Flush Force, Defend the Bits, Dumb ways to dash, and many others. The company has one reportable segment, development and monetization of mobile , PC and console video games.

PlaySide Studios (ASX:PLY) Headlines

No Headlines