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Grow Capital (Grow Capital) EBIT : $-3.56 Mil (TTM As of Mar. 2021)


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What is Grow Capital EBIT?

Grow Capital's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2021 was $-0.74 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2021 was $-3.56 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Grow Capital's annualized ROC % for the quarter that ended in Mar. 2021 was -115.03%. Grow Capital's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2021 was -146.05%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Grow Capital's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2021 was -58.80%.


Grow Capital EBIT Historical Data

The historical data trend for Grow Capital'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.

Grow Capital EBIT Chart

Grow Capital Annual Data
Trend Dec11 Dec12 Dec13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -29.69 -0.85 -1.51 -2.28 -2.86

Grow Capital Quarterly Data
Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.59 -1.14 -0.93 -0.75 -0.74

Competitive Comparison of Grow Capital's EBIT

For the Software - Application subindustry, Grow Capital'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.


Grow Capital's EV-to-EBIT Distribution in the Software Industry

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

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



Grow Capital 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 Mar. 2021 adds up the quarterly data reported by the company within the most recent 12 months, which was $-3.56 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.


Grow Capital  (OTCPK:GRWC) EBIT Explanation

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

Grow Capital's annualized ROC % for the quarter that ended in Mar. 2021 is calculated as:

ROC % (Q: Mar. 2021 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2020 ) + Invested Capital (Q: Mar. 2021 ))/ count )
=-3.968 * ( 1 - 0% )/( (3.908 + 2.991)/ 2 )
=-3.968/3.4495
=-115.03 %

where

Note: The Operating Income data used here is four times the quarterly (Mar. 2021) data.

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

Grow Capital's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2021 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2021 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2020  Q: Mar. 2021
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-2.956/( ( (2.074 + max(-1.345, 0)) + (1.974 + max(-1.992, 0)) )/ 2 )
=-2.956/( ( 2.074 + 1.974 )/ 2 )
=-2.956/2.024
=-146.05 %

where Working Capital is:

Working Capital(Q: Dec. 2020 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.225 + 0 + 1.061) - (1.716 + 0.1 + 0.815)
=-1.345

Working Capital(Q: Mar. 2021 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.112 + 0 + 0.234) - (2.064 + 0.079 + 0.195)
=-1.992

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2021) EBIT data.

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

Grow Capital's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2021 )
=-3.557/6.049
=-58.80 %

* 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.


Grow Capital EBIT Related Terms

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Grow Capital (Grow Capital) Business Description

Traded in Other Exchanges
N/A
Address
2485 Village View Drive, Suite 180, Henderson, NV, USA, 89074
Grow Capital Inc is a technology solutions company focused on software, technology, and financial services business. The company serves industries such as insurance, blockchain and crypto currency, mobile payment processing, crowd funding, budgeting, stock trading, and robo-advising apps. Its operating segment includes Bombshell Technologies and corporate and Resort at Lake Selmac. The company generates maximum revenue from Bombshell Technologies and corporate segment.
Executives
Carl Sanko director, officer: Secretary 4824 DENARO DRIVE LAS VEGAS NV 89135
Jonathan Eric Bonnette director, 10 percent owner, officer: CTO 722 W DUTTON ROAD EAGLE POINT OR 97524
James John Olson director, officer: Chairman 45 AMARANTH DRIVE LITTLETON CO 80127
Terry Joe Kennedy director, 10 percent owner, officer: CEO and President 2485 VILLAGE VIEW DRIVE STE #190 HENDERSON NV 89074
Trevor Keegan Hall officer: CFO and Treasurer 6145 S. RAINBOW BLVD, STE 105 LAS VEGAS NV 89118
Joel Aaron Bonnette officer: CEO Bombshell Technologies Inc 25769 ROYAL BIRKDALE DR DENHAM SPRINGS LA 70726
Wayne Andrew Zallen director, 10 percent owner 722 W. DUTTON RD EAGLE POINT OR 97524
David Tobias director PO BOX 1602, MESQUITE NV 89024
Joann Zallen Cleckner officer: Corporate Secretary 3681 WINDGATE STREET MEDFORD OR 97504
Michael Myers director 647 S DEPEW STREET LAKEWOOD CO 80226
Kevin John Asher officer: CFO 2116 E. BEAUTIFUL LANE PHOENIX AZ 85042
Gregory Wayne Holmes director, officer: President 4349 E. SANDS DRIVE PHOENIX AZ 85050
Thomas Lee Harker officer: CTO 1350 N. GOLDEN KEY STREET GILBERT AZ 85233
Hoffmann Christian J. Iii director ONE RENAISSANCE SQUARE, TWO NORTH CENTRAL AVENUE, PHOENIX AZ 85004
Charles H House director 2464 IRON MOUNTAIN DRIVE, PARK CITY UT 84060