Odd Burger (FRA:IA9) EBIT : €-1.34 Mil (TTM As of Jun. 2024)

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What is Odd Burger EBIT?

Odd Burger's earnings before interest and taxes (EBIT) for the three months ended in Jun. 2024 was €-0.03 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2024 was €-1.34 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Odd Burger's annualized ROC % for the quarter that ended in Jun. 2024 was -20.57%. Odd Burger's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was -6.27%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Odd Burger's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was -7.34%.

Odd Burger EBIT Historical Data

The historical data trend for Odd Burger'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.

Odd Burger EBIT Chart

Odd Burger Annual Data

Trend

Sep20

Sep21

Sep22

Sep23

EBIT

-1.74

-3.40

-3.06

-2.97

Odd Burger Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
EBIT	Get a 7-Day Free Trial													-0.53	-0.99	-0.13	-0.19	-0.03

Competitive Comparison of Odd Burger's EBIT

For the Restaurants subindustry, Odd Burger'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.

Odd Burger's EV-to-EBIT Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Odd Burger's EV-to-EBIT distribution charts can be found below:

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

Odd Burger 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €-1.34 Mil.

Odd Burger (FRA:IA9) EBIT Explanation

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

Odd Burger's annualized ROC % for the quarter that ended in Jun. 2024 is calculated as:

	ROC % (Q: Jun. 2024 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Mar. 2024 )	+	Invested Capital (Q: Jun. 2024 ))	/ count )
=	-0.684 * ( 1 - 0% )	/	( (3.401	+	3.25)	/ 2 )
=	-0.684	/	3.3255
=	-20.57 %

where

	Invested Capital		(Q: Mar. 2024 )
=	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	))
=	3.129	-	1.968	-	( 0.05	-	max(0, 2.678	-	0.438	+	0.05	))
=	3.401

	Invested Capital		(Q: Jun. 2024 )
=	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	))
=	2.907	-	1.816	-	( 0.041	-	max(0, 2.593	-	0.434	+	0.041	))
=	3.25

Note: The Operating Income data used here is four times the quarterly (Jun. 2024) data.

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

Odd Burger's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Jun. 2024 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Mar. 2024		Q: Jun. 2024
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-0.104	/	( ( (1.835 + max(-1.912, 0))	+	(1.48 + max(-1.754, 0)) )	/	2 )
=	-0.104	/	( ( 1.835	+	1.48 )	/	2 )
=	-0.104	/	1.6575
=	-6.27 %

where Working Capital is:

	Working Capital		(Q: Mar. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0.018	+	0.171	+	0.045)	-	(1.968	+	0.177	+	0.00099999999999989)
=	-1.912

	Working Capital		(Q: Jun. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0.046	+	0.147	+	0.046)	-	(1.816	+	0.177	+	0)
=	-1.754

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Jun. 2024) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Jun. 2024 )
	=	-1.335	/	18.188
	=	-7.34 %

Odd Burger EBIT Related Terms

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Odd Burger Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Odd Burger Corp (FRA:IA9) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

ODDAF:USA ODD:Canada

Address

505 Consortium Court, London, ON, CAN, N6E 2S8

Website

https://www.oddburger.com

Odd Burger Corp is a plant based food technology company that manufactures and distributes plant-based protein and dairy alternatives using locally sourced and sustainable ingredients. It distributes its products through a proprietary food service line to company-owned and franchised fast-food restaurant locations. Its restaurant locations operate as smart kitchens, which use state-of-the-art cooking technology and automation solutions to deliver a delicious food experience to customers craving healthier and more sustainable fast food. The company operates a manufacturing facility and has restaurant locations in Canada.

Odd Burger Headlines

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