Cuentas (Cuentas) EBIT : $-5.15 Mil (TTM As of Mar. 2024)

View and export this data going back to 2021. Start your Free Trial

What is Cuentas EBIT?

Cuentas's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was $-0.43 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was $-5.15 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Cuentas's annualized ROC % for the quarter that ended in Mar. 2024 was -79.23%. Cuentas's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -14,400.00%.

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

Cuentas EBIT Historical Data

The historical data trend for Cuentas'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.

Cuentas EBIT Chart

Cuentas Annual Data

Trend

Sep14

Sep15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

EBIT

Get a 7-Day Free Trial

-0.19

-7.38

-10.55

-10.76

-6.11

Cuentas Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
EBIT	Get a 7-Day Free Trial															-1.69	-0.89	-1.18	-2.65	-0.43

Competitive Comparison of Cuentas's EBIT

For the Software - Application subindustry, Cuentas'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.

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

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

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

Cuentas 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 quarterly data reported by the company within the most recent 12 months, which was $-5.15 Mil.

Cuentas (OTCPK:CUENW) EBIT Explanation

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

Cuentas'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: Dec. 2023 )	+	Invested Capital (Q: Mar. 2024 ))	/ count )
=	-3.372 * ( 1 - 0% )	/	( (3.922	+	4.59)	/ 2 )
=	-3.372	/	4.256
=	-79.23 %

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	))
=	4.72	-	3.727	-	( 0.205	-	max(0, 4.689	-	1.76	+	0.205	))
=	3.922

	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	))
=	3.448	-	2.107	-	( 0.028	-	max(0, 3.741	-	0.492	+	0.028	))
=	4.59

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

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

Cuentas'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: Dec. 2023		Q: Mar. 2024
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-1.728	/	( ( (0.013 + max(-3.28, 0))	+	(0.011 + max(-3.257, 0)) )	/	2 )
=	-1.728	/	( ( 0.013	+	0.011 )	/	2 )
=	-1.728	/	0.012
=	-14,400.00 %

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)
=	(1.307	+	0	+	0.076)	-	(3.727	+	0.151	+	0.785)
=	-3.28

	Working Capital		(Q: Mar. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0.29	+	0	+	0.0049999999999999)	-	(2.107	+	0.139	+	1.306)
=	-3.257

When net working capital is negative, 0 is used.

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

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

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

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Mar. 2024 )
	=	-5.153	/	0.000
	=	%

Cuentas EBIT Related Terms

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

Cuentas (Cuentas) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Cuentas Inc (OTCPK:CUENW) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

CUEN:USA

Address

235 Lincoln Road, Suite 210, Miami Beach, FL, USA, 33139

Website

https://www.cuentas.com

Cuentas Inc is a FinTech e-banking and e-commerce service provider with proprietary technology aimed at providing solutions for the underbanked and un-banked Hispanic and Latino population. The company operates in two segments: Telecommunications and General Purpose Reloadable Cards. Its services include mobile banking, online banking, prepaid debit, ACH and mobile deposits, cash remittance, peer-to-peer money transferring, and providing access to bank accounts for customers who previously could not obtain bank accounts. The proprietary Cuentas General Purpose Reloadable (GPR) Card provides holders with a digital wallet, discounts for purchases at major physical and online retailers, rewards, and the ability to purchase digital content.