Evo Acquisition (Evo Acquisition) EBIT : $-1.93 Mil (TTM As of Dec. 2022)

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

What is Evo Acquisition EBIT?

Evo Acquisition's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2022 was $-0.71 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2022 was $-1.93 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Evo Acquisition's annualized ROC % for the quarter that ended in Dec. 2022 was -4.14%. Evo Acquisition's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2022 was %.

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

Evo Acquisition EBIT Historical Data

The historical data trend for Evo Acquisition'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.

Evo Acquisition EBIT Chart

Evo Acquisition Annual Data

Trend

Dec20

Dec21

Dec22

EBIT

-0.70

-1.93

Evo Acquisition Quarterly Data
	Nov20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22
EBIT	Get a 7-Day Free Trial				0.10	-0.41	-0.34	-0.47	-0.71

Competitive Comparison of Evo Acquisition's EBIT

For the Shell Companies subindustry, Evo Acquisition'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.

Evo Acquisition's EV-to-EBIT Distribution in the Diversified Financial Services Industry

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

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

Evo Acquisition 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. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $-1.93 Mil.

Evo Acquisition (NAS:EVOJU) EBIT Explanation

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

Evo Acquisition's annualized ROC % for the quarter that ended in Dec. 2022 is calculated as:

	ROC % (Q: Dec. 2022 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Sep. 2022 )	+	Invested Capital (Q: Dec. 2022 ))	/ count )
=	-2.844 * ( 1 - 0% )	/	( (126.552	+	10.703)	/ 2 )
=	-2.844	/	68.6275
=	-4.14 %

where

	Invested Capital		(Q: Sep. 2022 )
=	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	))
=	125.995	-	0.335	-	( 0.178	-	max(0, 1.085	-	0.193	+	0.178	))
=	126.552

	Invested Capital		(Q: Dec. 2022 )
=	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	))
=	10.31	-	0.806	-	( 0.607	-	max(0, 1.806	-	0.607	+	0.607	))
=	10.703

Note: The Operating Income data used here is four times the quarterly (Dec. 2022) data.

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

Evo Acquisition's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2022 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Dec. 2022 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Sep. 2022		Q: Dec. 2022
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-2.844	/	( ( (0 + max(-0.32, 0))	+	(0 + max(-0.806, 0)) )	/	2 )
=	-2.844	/	( ( 0	+	0 )	/	2 )
=	-2.844	/	0
=	%

where Working Capital is:

	Working Capital		(Q: Sep. 2022 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0.015)	-	(0.335	+	0	+	0)
=	-0.32

	Working Capital		(Q: Dec. 2022 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0)	-	(0.806	+	0	+	0)
=	-0.806

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Dec. 2022) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Dec. 2022 )
	=	-1.931	/	0.000
	=	%

Evo Acquisition EBIT Related Terms

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

Evo Acquisition (Evo Acquisition) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Evo Acquisition Corp (NAS:EVOJU) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

10 Stateline Road, Crystal Bay, NV, USA, 89402

Website

https://www.evospac.com

Evo Acquisition Corp is a blank check company formed for the purpose of effecting an initial business combination.

Executives

Red Dawn Capital Llc	10 percent owner	2122 OXFORD AVENUE, AUSTIN TX 78704
Jason Sausto	officer: Managing Director	10 STATELINE ROAD, CRYSTAL BAY NV 89402
Maclean Malcolm F Iv	director	C/O ASPEN GROUP, INC., 1660 SOUTH ALBION STREET, SUITE 525, DENVER CO 80222
Robert J Valentine	director	160 OSER AVENUE, HAUPPAUGE NY 11788
Evo Sponsor Llc	10 percent owner	11390 W. OLYMPIC BLVD SUITE 100, LOS ANGELES CA 90064
Michael Lerch	director, 10 percent owner, officer: Chairman	10 STATELINE ROAD, CRYSTAL BAY NV 89402
Adrian Brindle	officer: Chief Financial Officer	10 STATELINE ROAD, CRYSTAL BAY NV 89402
Kazuko Miyashita	director	10 STATELINE ROAD, CRYSTAL BAY NV 89402
Richard Chisholm	director, officer: Chief Executive Officer	10 STATELINE ROAD, CRYSTAL BAY NV 89402
Takahiro Fushimi	director	10 STATELINE ROAD, CRYSTAL BAY NV 89402
Shigeo Kashiwagi	director	10 STATELINE ROAD, CRYSTAL BAY NV 89402