GURUFOCUS.COM » STOCK LIST » Technology » Software » Substrate Artificial Inteligence SA (FRA:U8S) » Definitions » EBIT

Substrate Artificial Inteligence (FRA:U8S) EBIT : €-7.40 Mil (TTM As of Dec. 2023)


View and export this data going back to 2022. Start your Free Trial

What is Substrate Artificial Inteligence EBIT?

Substrate Artificial Inteligence's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2023 was €-5.40 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was €-7.40 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Substrate Artificial Inteligence's annualized ROC % for the quarter that ended in Dec. 2023 was -19.12%. Substrate Artificial Inteligence's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -2,289.83%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Substrate Artificial Inteligence's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -17.13%.

Substrate Artificial Inteligence EBIT Historical Data

The historical data trend for Substrate Artificial Inteligence'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.

Substrate Artificial Inteligence EBIT Chart

Substrate Artificial Inteligence Annual Data
Trend Dec21 Dec22 Dec23
EBIT
-1.88 -15.49 -7.40

Substrate Artificial Inteligence Semi-Annual Data
Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
EBIT Get a 7-Day Free Trial -1.63 -14.50 -0.99 -2.00 -5.40

Competitive Comparison of Substrate Artificial Inteligence's EBIT

For the Software - Infrastructure subindustry, Substrate Artificial Inteligence'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.

Substrate Artificial Inteligence's EV-to-EBIT Distribution in the Software Industry

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

* The bar in red indicates where Substrate Artificial Inteligence's EV-to-EBIT falls into.


Substrate Artificial Inteligence 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 €-7.40 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.

Substrate Artificial Inteligence  (FRA:U8S) EBIT Explanation

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

Substrate Artificial Inteligence'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 )
=-5.798 * ( 1 - -2.96% )/( (20.557 + 41.898)/ 2 )
=-5.9696208/31.2275
=-19.12 %

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))
=22.16 - 0.816 - ( 1.048 - max(0, 2.162 - 2.949+1.048))
=20.557

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))
=44.46 - 5.461 - ( 4.444 - max(0, 12.966 - 10.067+4.444))
=41.898

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:

Substrate Artificial Inteligence'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 )
=-10.808/( ( (0.157 + max(-0.177, 0)) + (0.787 + max(-7.11, 0)) )/ 2 )
=-10.808/( ( 0.157 + 0.787 )/ 2 )
=-10.808/0.472
=-2,289.83 %

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)
=(1.255 + 0.301 + 0.33) - (0.816 + 0 + 1.247)
=-0.177

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(4.707 + 0.781 + 0.077999999999999) - (5.461 + 0 + 7.215)
=-7.11

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:

Substrate Artificial Inteligence's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=-7.402/43.201
=-17.13 %

* 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.

Substrate Artificial Inteligence EBIT Related Terms

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

Substrate Artificial Inteligence Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Substrate Artificial Inteligence SA (FRA:U8S) » Definitions » EBIT
Comparable Companies
XMAD:AGIL XMAD:GIGA MSFT ORCL PLTR PANW CRWD FTNT SNPS XAMS:ADYEN NET XYZ ZS IOT CPAY GDDY CHKP VRSN MDB AFRM
Traded in Other Exchanges
SUIAF:USA SAI:Spain
Address
C/ Maria de Molina, 41, Office 506, Madrid, ESP, 28006
Website
https://www.substrate.ai
Substrate Artificial Inteligence SA is an Artificial Intelligence company in Spain. Its software is applied in agritech, energy, industry, fintech, human resources, or health sectors. Its technology is easy to implement and allows it to address all the problems faced by companies in the digitization and streamlining of their processes, optimizing decision-making and generating great cost savings.

Substrate Artificial Inteligence Headlines

No Headlines