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DTOCU (Digital Transformation Opportunities) EBIT : $-4.37 Mil (TTM As of Jun. 2023)


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What is Digital Transformation Opportunities EBIT?

Digital Transformation Opportunities's earnings before interest and taxes (EBIT) for the three months ended in Jun. 2023 was $-1.50 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2023 was $-4.37 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Digital Transformation Opportunities's annualized ROC % for the quarter that ended in Jun. 2023 was -31.60%. Digital Transformation Opportunities's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2023 was %.

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

Digital Transformation Opportunities EBIT Historical Data

The historical data trend for Digital Transformation Opportunities'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.

Digital Transformation Opportunities EBIT Chart

Digital Transformation Opportunities Annual Data
Trend Dec20 Dec21 Dec22
EBIT
- -1.63 -2.39

Digital Transformation Opportunities Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only -0.28 -0.97 -0.89 -1.01 -1.50

Competitive Comparison of Digital Transformation Opportunities's EBIT

For the Shell Companies subindustry, Digital Transformation Opportunities'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.

Digital Transformation Opportunities's EV-to-EBIT Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Digital Transformation Opportunities's EV-to-EBIT distribution charts can be found below:

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


Digital Transformation Opportunities 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 Jun. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-4.37 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.

Digital Transformation Opportunities  (NAS:DTOCU) EBIT Explanation

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

Digital Transformation Opportunities's annualized ROC % for the quarter that ended in Jun. 2023 is calculated as:

ROC % (Q: Jun. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Mar. 2023 ) + Invested Capital (Q: Jun. 2023 ))/ count )
=-5.988 * ( 1 - -2.09% )/( (19.186 + 19.504)/ 2 )
=-6.1131492/19.345
=-31.60 %

where

Invested Capital(Q: Mar. 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))
=19.21 - 6.991 - ( 0.004 - max(0, 7.141 - 0.174+0.004))
=19.186

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))
=19.398 - 8.444 - ( 0.002 - max(0, 8.644 - 0.094+0.002))
=19.504

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

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

Digital Transformation Opportunities's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2023 is calculated as:

ROC (Joel Greenblatt) %(Q: Jun. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2023  Q: Jun. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-5.988/( ( (0 + max(-6.821, 0)) + (0 + max(-8.352, 0)) )/ 2 )
=-5.988/( ( 0 + 0 )/ 2 )
=-5.988/0
= %

where Working Capital is:

Working Capital(Q: Mar. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.17) - (6.991 + 0 + 0)
=-6.821

Working Capital(Q: Jun. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.092) - (8.444 + 0 + 0)
=-8.352

When net working capital is negative, 0 is used.

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

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

Digital Transformation Opportunities's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2023 )
=-4.37/0.000
= %

* 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.

Digital Transformation Opportunities EBIT Related Terms

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Digital Transformation Opportunities Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Digital Transformation Opportunities Corp (NAS:DTOCU) » Definitions » EBIT
Comparable Companies
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Traded in Other Exchanges
N/A
Address
10250 Constellation boulevard, Suite 23126, Los Angeles, CA, USA, 90067
Website
https://www.dtocorp.com
Digital Transformation Opportunities Corp is a blank check company.
Executives
Bradley M Fluegel director 120 MONUMENT CIRCLE, INDIANAPOLIS IN 46204
Kyle Francis officer: Chief Financial Officer 700 NORTH BRAND BLVD., SUITE 450, GLENDALE CA 91203
Heather Zynczak director C/O THRYV HOLDINGS, INC., 2200 WEST AIRFIELD DRIVE P.O. BOX 619810, DALLAS TX 75261
Jim Moffatt director 1423 GARFIELD AVE., SOUTH PASADENA CA 91030
Digital Transformation Sponsor Llc 10 percent owner 10207 CLEMATIS COURT, LOS ANGELES CA 90077
Kevin Nazemi director, officer: Chief Executive Officer 10485 NE 6TH ST, UNIT 3930, BELLEVUE WA 98004