Infinity Stone Ventures (Infinity Stone Ventures) EBIT : $-0.99 Mil (TTM As of May. 2023)

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What is Infinity Stone Ventures EBIT?

Infinity Stone Ventures's earnings before interest and taxes (EBIT) for the three months ended in May. 2023 was $-0.08 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in May. 2023 was $-0.99 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Infinity Stone Ventures's annualized ROC % for the quarter that ended in May. 2023 was -18.51%. Infinity Stone Ventures's annualized ROC (Joel Greenblatt) % for the quarter that ended in May. 2023 was -12.72%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Infinity Stone Ventures's Earnings Yield (Joel Greenblatt) % for the quarter that ended in May. 2023 was -19.55%.

Infinity Stone Ventures EBIT Historical Data

The historical data trend for Infinity Stone Ventures'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.

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Infinity Stone Ventures EBIT Chart

Infinity Stone Ventures Annual Data

Trend

Aug21

Aug22

EBIT

-24.15

-1.88

Infinity Stone Ventures Quarterly Data
	May20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23
EBIT	Get a 7-Day Free Trial							-0.62	-0.92	-1.20	1.20	-0.08

Competitive Comparison of Infinity Stone Ventures's EBIT

For the Software - Application subindustry, Infinity Stone Ventures'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.

Infinity Stone Ventures's EV-to-EBIT Distribution in the Software Industry

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

* The bar in red indicates where Infinity Stone Ventures's EV-to-EBIT falls into.

Infinity Stone Ventures 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 May. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.99 Mil.

Infinity Stone Ventures (OTCPK:GEMSF) EBIT Explanation

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

Infinity Stone Ventures's annualized ROC % for the quarter that ended in May. 2023 is calculated as:

	ROC % (Q: May. 2023 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Feb. 2023 )	+	Invested Capital (Q: May. 2023 ))	/ count )
=	-1.34 * ( 1 - 0% )	/	( (7.189	+	7.292)	/ 2 )
=	-1.34	/	7.2405
=	-18.51 %

where

	Invested Capital		(Q: Feb. 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	))
=	2.806	-	0.866	-	( 0.087	-	max(0, 5.624	-	0.375	+	0.087	))
=	7.189

	Invested Capital		(Q: May. 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	))
=	2.761	-	0.765	-	( 0.001	-	max(0, 5.517	-	0.221	+	0.001	))
=	7.292

Note: The Operating Income data used here is four times the quarterly (May. 2023) data.

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

Infinity Stone Ventures's annualized ROC (Joel Greenblatt) % for the quarter that ended in May. 2023 is calculated as:

	ROC (Joel Greenblatt) %		(Q: May. 2023 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Feb. 2023		Q: May. 2023
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-0.316	/	( ( (2.431 + max(-0.598, 0))	+	(2.539 + max(-0.566, 0)) )	/	2 )
=	-0.316	/	( ( 2.431	+	2.539 )	/	2 )
=	-0.316	/	2.485
=	-12.72 %

where Working Capital is:

	Working Capital		(Q: Feb. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0.091	+	0	+	0.177)	-	(0.866	+	0	+	0)
=	-0.598

	Working Capital		(Q: May. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0.059	+	0	+	0.14)	-	(0.765	+	0	+	8.8817841970013E-16)
=	-0.566

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (May. 2023) EBIT data.

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

Infinity Stone Ventures's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: May. 2023 )
	=	-0.99	/	5.063
	=	-19.55 %

Infinity Stone Ventures EBIT Related Terms

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Infinity Stone Ventures (Infinity Stone Ventures) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Infinity Stone Ventures Corp (OTCPK:GEMSF) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

B2IA:Germany GEMS:Canada

Address

750 - 1095 West Pender Street, Vancouver, BC, CAN, V6E 2M6

Website

https://www.infinitystone.ventures

Infinity Stone Ventures Corp is engaged in the development of battery metals projects to fuel the green revolution, alongside a diversified portfolio of SaaS solutions, thereby delivering solutions across industries to its customers. The company's primary business units include Health Check and the energy metals portfolio. Geographically, it operates in Canada and USA. The Company is engaged in the development, marketing, and commercialization of contact tracing solutions. It is a technology company developing and delivering SaaS solutions for the public and private sectors. It integrates data collection and management (Smart Health RM), communications (Smart Connect), advertising (Engagency), and IoT devices (Smart Check).