FINEOS Holdings (FINEOS Holdings) EBIT : $-17.6 Mil (TTM As of Dec. 2023)

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What is FINEOS Holdings EBIT?

FINEOS Holdings's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2023 was $-8.6 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was $-17.6 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. FINEOS Holdings's annualized ROC % for the quarter that ended in Dec. 2023 was -9.65%. FINEOS Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -330.74%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. FINEOS Holdings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -5.40%.

FINEOS Holdings EBIT Historical Data

The historical data trend for FINEOS Holdings'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.

FINEOS Holdings EBIT Chart

FINEOS Holdings Annual Data

Trend

Jun20

Jun21

Jun22

EBIT

1.10

-16.13

-31.08

FINEOS Holdings Semi-Annual Data
	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
EBIT	Get a 7-Day Free Trial					-5.20	-26.21	-16.03	-8.98	-8.63

Competitive Comparison of FINEOS Holdings's EBIT

For the Software - Infrastructure subindustry, FINEOS Holdings'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.

FINEOS Holdings's EV-to-EBIT Distribution in the Software Industry

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

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

FINEOS Holdings 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. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $-17.6 Mil.

FINEOS Holdings (OTCPK:FNCHF) EBIT Explanation

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

FINEOS Holdings's annualized ROC % for the quarter that ended in Dec. 2023 is calculated as:

	ROC % (Q: Dec. 2023 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Jun. 2023 )	+	Invested Capital (Q: Dec. 2023 ))	/ count )
=	-18.216 * ( 1 - 13.12% )	/	( (162.902	+	165.207)	/ 2 )
=	-15.8260608	/	164.0545
=	-9.65 %

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	))
=	217.953	-	49.508	-	( 27.646	-	max(0, 49.508	-	55.051	+	27.646	))
=	162.902

	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	))
=	214.075	-	27.869	-	( 30.682	-	max(0, 27.869	-	48.868	+	30.682	))
=	165.207

Note: The Operating Income data used here is two times the semi-annual (Dec. 2023) data.

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

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

	ROC (Joel Greenblatt) %		(Q: Dec. 2023 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Jun. 2023		Q: Dec. 2023
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-17.25	/	( ( (5.608 + max(-26.352, 0))	+	(4.823 + max(-13.123, 0)) )	/	2 )
=	-17.25	/	( ( 5.608	+	4.823 )	/	2 )
=	-17.25	/	5.2155
=	-330.74 %

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)
=	(18.8	+	0	+	4.356)	-	(49.508	+	0	+	0)
=	-26.352

	Working Capital		(Q: Dec. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(9.011	+	0	+	5.735)	-	(27.869	+	0	+	0)
=	-13.123

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Dec. 2023) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Dec. 2023 )
	=	-17.602	/	326.192
	=	-5.40 %

FINEOS Holdings EBIT Related Terms

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FINEOS Holdings (FINEOS Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » FINEOS Corp Holdings PLC (OTCPK:FNCHF) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

0M9:Germany FCL:Australia

Address

East Point Business Park, Alfie Byrne Road, Fineos House, East Wall, Dublin, IRL, D03 FT97

Website

https://www.fineos.com

Fineos Corp Holdings PLC is an Irish company engaged in providing software solutions that include management and administration of policies and claims to the life, accident, and health insurance industry. The company's platform, Fineos AdminSuite, comprises Fineos Absence, Fineos Billing, Fineos Claims, Fineos Payments, and Fineos Provider, among other solutions.