CXApp (CXAI) EBIT : $0.84 Mil (TTM As of Sep. 2023)

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What is CXApp EBIT?

CXApp's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2023 was $-4.20 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2023 was $0.84 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. CXApp's annualized ROC % for the quarter that ended in Sep. 2023 was -31.38%. CXApp's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was -2,217.29%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. CXApp's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was 1.48%.

CXApp EBIT Historical Data

The historical data trend for CXApp'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.

CXApp EBIT Chart

CXApp Annual Data

Trend

Dec20

Dec21

Dec22

EBIT

-1.50

-2.95

CXApp Quarterly Data
	Jul20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
EBIT	Get a 7-Day Free Trial								-9.52	13.43	-4.38	-4.01	-4.20

Competitive Comparison of CXApp's EBIT

For the Software - Application subindustry, CXApp'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.

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

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

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

CXApp 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. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.84 Mil.

CXApp (NAS:CXAI) EBIT Explanation

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

CXApp's annualized ROC % for the quarter that ended in Sep. 2023 is calculated as:

	ROC % (Q: Sep. 2023 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Jun. 2023 )	+	Invested Capital (Q: Sep. 2023 ))	/ count )
=	-16.796 * ( 1 - -40.72% )	/	( (81.446	+	69.182)	/ 2 )
=	-23.6353312	/	75.314
=	-31.38 %

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	))
=	72.289	-	2.969	-	( 4.543	-	max(0, 19.266	-	7.14	+	4.543	))
=	81.446

	Invested Capital		(Q: Sep. 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	))
=	73.6	-	3.202	-	( 7.179	-	max(0, 8.048	-	9.264	+	7.179	))
=	69.182

Note: The Operating Income data used here is four times the quarterly (Sep. 2023) data.

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

CXApp's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2023 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Sep. 2023 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Jun. 2023		Q: Sep. 2023
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-16.796	/	( ( (0.815 + max(-16.585, 0))	+	(0.7 + max(-5.872, 0)) )	/	2 )
=	-16.796	/	( ( 0.815	+	0.7 )	/	2 )
=	-16.796	/	0.7575
=	-2,217.29 %

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)
=	(1.19	+	0	+	1.115)	-	(2.969	+	2.2	+	13.721)
=	-16.585

	Working Capital		(Q: Sep. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0.839	+	0	+	1.016)	-	(3.202	+	1.973	+	2.552)
=	-5.872

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Sep. 2023) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Sep. 2023 )
	=	0.842	/	56.885
	=	1.48 %

CXApp EBIT Related Terms

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CXApp (CXAI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » CXApp Inc (NAS:CXAI) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

Four Palo Alto Square, Suite 200, 3000 El Camino Real, Palo Alto, CA, USA, 94306

Website

https://www.cxapp.com

CXApp Inc is a workplace experience platform for enterprise customers. It is a SaaS product for enterprise organizations, distributing a mobile app to all employees within the organization. It includes a content management system (or CMS) so customers can adjust configurations for their workplace settings autonomously and spontaneously. Its technologies and solutions help enterprise customers deliver a comprehensive business journey in a work 'from-anywhere' world for employees, partners, customers, and visitors. CXApp offers native mapping, analytics, on-device positioning (or ODP), and application technologies that bring people together.

Executives

Di-ann Eisnor	director	11465 JOHNS CREEK PARKWAY, SUITE 400, JOHNS CREEK GA 30097
Khurram P Sheikh	director, 10 percent owner, officer: CEO and CFO	1140 EAST ARQUES AVE., SUNNYVALE CA 94085
Camillo Martino	director	60 SOUTH MARKET STREET, STE 750, SAN JOSE CA 95113
Leon Papkoff	officer: Chief Product Officer	C/O KINS TECHNOLOGY GROUP, INC., FOUR PALO ALTO SQ, 3000 EL CAMINO REAL, PALO ALTO CA 94306
Shanti Priya	director	C/O KINS TECHNOLOGY GROUP, INC., FOUR PALO ALTO SQ, 3000 EL CAMINO REAL, PALO ALTO CA 94306
George Mathai	director	C/O KINS TECHNOLOGY GROUP, INC., FOUR PALO ALTO SQ, 3000 EL CAMINO REAL, PALO ALTO CA 94306
Michael D Angel	officer: Chief Financial Officer	935 STEWART DR, SUNNYVALE CA 94085
Cubist Systematic Strategies, Llc	10 percent owner	72 CUMMINGS POINT ROAD, STAMFORD CT 06902
Israel A Englander	other: See Footnote 2	C/O MILLENNIUM MANAGEMENT LLC, 399 PARK AVENUE, NEW YORK NY 10022
Millennium Management Llc	other: See Footnote 2	399 PARK AVENUE, NEW YORK NY 10022
Millennium Group Management Llc	other: See Footnote 2	C/O MILLENNIUM MANAGEMENT LLC, 399 PARK AVENUE, NEW YORK NY 10022
Ics Opportunities, Ltd.	10 percent owner	MILLENNIUM INTERNATIONAL MANAGEMENT LP, 399 PARK AVENUE, NEW YORK NY 10022
Cohen Steven A/sac Capital Mgmt Lp	10 percent owner	C/O SAC CAPITAL ADVISORS LLC, 72 CUMMINGS POINT ROAD, STAMFORD CT 06902
Allen Salmasi	director	C/O NEXTWAVE WIRELESS LLC, 12670 HIGH BLUFF DRIVE, SAN DIEGO CA 92130
Eric Zimits	officer: Secretary and CCDO	C/O KINS TECHNOLOGY GROUP INC., FOUR PALO ALTO SQUARE, PALO ALTO CA 94306