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AVPT (AvePoint) EBIT : $3.2 Mil (TTM As of Sep. 2024)


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What is AvePoint EBIT?

AvePoint's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2024 was $7.7 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was $3.2 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. AvePoint's annualized ROC % for the quarter that ended in Sep. 2024 was 11.92%. AvePoint's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 163.54%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. AvePoint's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 0.10%.


AvePoint EBIT Historical Data

The historical data trend for AvePoint'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.

AvePoint EBIT Chart

AvePoint Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
-19.01 -15.44 -53.49 -33.61 -15.35

AvePoint Quarterly Data
Dec19 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.31 0.88 -3.20 -2.14 7.65

Competitive Comparison of AvePoint's EBIT

For the Software - Infrastructure subindustry, AvePoint'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.


AvePoint's EV-to-EBIT Distribution in the Software Industry

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

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



AvePoint 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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $3.2 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.


AvePoint  (NAS:AVPT) EBIT Explanation

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

AvePoint's annualized ROC % for the quarter that ended in Sep. 2024 is calculated as:

ROC % (Q: Sep. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2024 ) + Invested Capital (Q: Sep. 2024 ))/ count )
=30.608 * ( 1 - 5.88% )/( (228.299 + 255.248)/ 2 )
=28.8082496/241.7735
=11.92 %

where

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))
=427.265 - 54.801 - ( 230.84 - max(0, 172.727 - 316.892+230.84))
=228.299

Invested Capital(Q: Sep. 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))
=462.955 - 61.357 - ( 249.976 - max(0, 194.695 - 341.045+249.976))
=255.248

Note: The Operating Income data used here is four times the quarterly (Sep. 2024) data.

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

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

ROC (Joel Greenblatt) %(Q: Sep. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2024  Q: Sep. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=30.608/( ( (17.924 + max(-113.038, 0)) + (19.507 + max(-126.178, 0)) )/ 2 )
=30.608/( ( 17.924 + 19.507 )/ 2 )
=30.608/18.7155
=163.54 %

where Working Capital is:

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(52.036 + 0 + 7.653) - (54.801 + 117.926 + 0)
=-113.038

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(57.434 + 0 + 11.083) - (61.357 + 133.338 + 0)
=-126.178

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Sep. 2024) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2024 )
=3.191/3241.095
=0.10 %

* 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.


AvePoint EBIT Related Terms

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AvePoint Business Description

Traded in Other Exchanges
N/A
Address
525 Washington Boulevard, Suite 1400, Jersey City, NJ, USA, 07310
AvePoint Inc provides customizable solutions to optimize SaaS operations, enable secure collaboration, and accelerate digital transformation across technologies and industries. Its Confidence Platform delivers a comprehensive set of cloud-based solutions enabling IT operations, development operations, and cybersecurity professionals to monitor and secure the digital workplace using SaaS tools.
Executives
Zhijian Lu 10 percent owner C/O AVEPOINT, INC., 525 WASHINGTON BLVD, SUITE 1400, JERSEY CITY NJ 07310
James Caci officer: Chief Financial Officer C/O AVEPOINT, INC., 525 WASHINGTON BLVD., SUITE 1400, JERSEY CITY NJ 07310
Brian Michael Brown director, officer: COO and General Counsel C/O AVEPOINT, INC., 525 WASHINGTON BOULEVARD, SUITE 1400, JERSEY CITY NJ 07310
Sixth Street Partners Management Company, L.p. 10 percent owner C/O SIXTH STREET PARTNERS, LLC, 2100 MCKINNEY AVENUE, SUITE 1500, DALLAS TX 75201
Alan Waxman 10 percent owner C/O SIXTH STREET PARTNERS, LLC, 345 CALIFORNIA STREET, SUITE 2600, SAN FRANCISCO CA 94104
Janet Schijns director 901 E BYRD STREET, SUITE 900, LEGAL DEPARTMENT, RICHMOND VA 23219
Sophia Wu officer: Chief Financial Officer C/O AVEPOINT, INC., 525 WASHINGTON BOULEVARD, SUITE 1400, JERSEY CITY NJ 07310
Tianyi Jiang director, officer: Chief Executive Officer C/O AVEPOINT, INC., 525 WASHINGTON BOULEVARD, SUITE 1400, JERSEY CITY NJ 07310
Xunkai Gong director, 10 percent owner, other: Executive Chairman C/O AVEPOINT, INC., 525 WASHINGTON BOULEVARD, SUITE 1400, JERSEY CITY NJ 07310
Stephen Cuunjieng director 1155 KAS DRIVE SUITE 100, RICHARDSON TX 75081
Ho John Chi On director C/O JANCHOR PARTNERS, ONE EXCHANGE SQUARE, CENTRAL K3 1608
Jeff Teper director C/O AVEPOINT, INC., 525 WASHINGTON BOULEVARD, SUITE 1400, JERSEY CITY NJ 07310
Andy Yong officer: Chief Investment Officer C/O AVEPOINT, INC., 525 WASHINGTON BOULEVARD, SUITE 1400, JERSEY CITY NJ 07310
Bradford C. Koenig director, officer: Co-CEO and Director C/O GSV CAPITAL CORP., 2925 WOODSIDE ROAD, WOODSIDE CA 94062
Jeff Epstein officer: Co-CEO, CFO and Secretary C/O PRICELINE COM INC, 800 CONNECTICUT AVENUE, NORWALK CT 06854