BrainChip Holdings (FRA:24YA) EBIT : €-26.34 Mil (TTM As of Dec. 2023)

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What is BrainChip Holdings EBIT?

BrainChip Holdings's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2023 was €-10.66 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was €-26.34 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. BrainChip Holdings's annualized ROC % for the quarter that ended in Dec. 2023 was -527.39%. BrainChip Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -1,083.51%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. BrainChip Holdings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -10.63%.

BrainChip Holdings EBIT Historical Data

The historical data trend for BrainChip 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.

BrainChip Holdings EBIT Chart

BrainChip Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

EBIT

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-9.63

-17.49

-18.41

-20.73

-26.24

BrainChip Holdings Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
EBIT	Get a 7-Day Free Trial															-10.32	-7.77	-12.99	-15.68	-10.66

Competitive Comparison of BrainChip Holdings's EBIT

For the Semiconductors subindustry, BrainChip 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.

BrainChip Holdings's EV-to-EBIT Distribution in the Semiconductors Industry

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

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

BrainChip 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 €-26.34 Mil.

BrainChip Holdings (FRA:24YA) EBIT Explanation

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

BrainChip 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 )
=	-21.886 * ( 1 - -0.75% )	/	( (3.791	+	4.571)	/ 2 )
=	-22.050145	/	4.181
=	-527.39 %

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	))
=	25.592	-	1.657	-	( 20.144	-	max(0, 2.687	-	22.955	+	20.144	))
=	3.791

	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	))
=	18.507	-	0.783	-	( 13.153	-	max(0, 1.784	-	16.101	+	13.153	))
=	4.571

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:

BrainChip 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 )
=	-21.318	/	( ( (1.804 + max(0.515, 0))	+	(1.616 + max(-0.56, 0)) )	/	2 )
=	-21.318	/	( ( 2.319	+	1.616 )	/	2 )
=	-21.318	/	1.9675
=	-1,083.51 %

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)
=	(1.911	+	0.567	+	0.333)	-	(1.657	+	0	+	0.639)
=	0.515

	Working Capital		(Q: Dec. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0.056	+	0.443	+	0.284)	-	(0.783	+	0.053	+	0.507)
=	-0.56

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:

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

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Dec. 2023 )
	=	-26.338	/	247.756
	=	-10.63 %

BrainChip Holdings EBIT Related Terms

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BrainChip Holdings (FRA:24YA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » BrainChip Holdings Ltd (FRA:24YA) » Definitions » EBIT

Comparable Companies

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BCHPY:USA BRCHF:USA 24Y:Germany BRN:Australia

Address

Level 12, 225 George Street, Sydney, NSW, AUS, 2000

Website

https://www.brainchipinc.com

BrainChip Holdings Ltd is engaged in neuromorphic computing. Neuromorphic computing is a branch of artificial intelligence (AI) that simulates the functionality of the human neuron. The company has developed a revolutionary spiking neural network (SNN) technology, a type of neuromorphic computing that learns autonomously, evolves, and associates information just like the human brain. It operates through one segment namely, the technological development of designs. The company's products include Akida IP, Meta TF, Akida1000, and others.

BrainChip Holdings (FRA:24YA) Headlines

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