INKAU (KludeIn I Acquisition) EBIT : $-3.90 Mil (TTM As of Dec. 2022)

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What is KludeIn I Acquisition EBIT?

KludeIn I Acquisition's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2022 was $-1.14 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2022 was $-3.90 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. KludeIn I Acquisition's annualized ROC % for the quarter that ended in Dec. 2022 was -1.96%. KludeIn I Acquisition's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2022 was %.

EBIT is also linked to Joel Greenblatt's definition of earnings yield.

KludeIn I Acquisition EBIT Historical Data

The historical data trend for KludeIn I Acquisition'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.

KludeIn I Acquisition EBIT Chart

KludeIn I Acquisition Annual Data

Trend

Dec20

Dec21

Dec22

EBIT

-1.61

-3.90

KludeIn I Acquisition Quarterly Data
	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22
EBIT	Get a 7-Day Free Trial					-0.67	-0.64	-1.48	-0.64	-1.14

Competitive Comparison of KludeIn I Acquisition's EBIT

For the Shell Companies subindustry, KludeIn I Acquisition'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.

KludeIn I Acquisition's EV-to-EBIT Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, KludeIn I Acquisition's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where KludeIn I Acquisition's EV-to-EBIT falls into.

KludeIn I Acquisition 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. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $-3.90 Mil.

KludeIn I Acquisition (NAS:INKAU) EBIT Explanation

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

KludeIn I Acquisition's annualized ROC % for the quarter that ended in Dec. 2022 is calculated as:

	ROC % (Q: Dec. 2022 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Sep. 2022 )	+	Invested Capital (Q: Dec. 2022 ))	/ count )
=	-4.568 * ( 1 - 53.55% )	/	( (106.695	+	109.393)	/ 2 )
=	-2.121836	/	108.044
=	-1.96 %

where

	Invested Capital		(Q: Sep. 2022 )
=	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	))
=	105.956	-	2.017	-	( 0.113	-	max(0, 3.047	-	0.291	+	0.113	))
=	106.695

	Invested Capital		(Q: Dec. 2022 )
=	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	))
=	107.434	-	2.737	-	( 0.101	-	max(0, 4.797	-	0.101	+	0.101	))
=	109.393

Note: The Operating Income data used here is four times the quarterly (Dec. 2022) data.

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

KludeIn I Acquisition's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2022 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Dec. 2022 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Sep. 2022		Q: Dec. 2022
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-4.568	/	( ( (0 + max(-1.839, 0))	+	(0 + max(-4.11, 0)) )	/	2 )
=	-4.568	/	( ( 0	+	0 )	/	2 )
=	-4.568	/	0
=	%

where Working Capital is:

	Working Capital		(Q: Sep. 2022 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0.178)	-	(2.017	+	0	+	4.4408920985006E-16)
=	-1.839

	Working Capital		(Q: Dec. 2022 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0)	-	(2.737	+	0	+	1.373)
=	-4.11

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Dec. 2022) EBIT data.

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

KludeIn I Acquisition's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Dec. 2022 )
	=	-3.901	/	0.000
	=	%

KludeIn I Acquisition EBIT Related Terms

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KludeIn I Acquisition Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » KludeIn I Acquisition Corp (NAS:INKAU) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

1096 Keeler Avenue, Berkeley, CA, USA, 94708

Website

KludeIn I Acquisition Corp is a blank check company.

Executives

Blake Ross	10 percent owner	1887 WHITNEY MESA DRIVE, #2070, HENDERSON NV 89014
Polar Asset Management Partners Inc.	10 percent owner	16 YORK STREET SUITE 2900, TORONTO A6 M5J 0E6
Krishnan Rajagopalan	director	2001 PENNSYLVANIA AVENUE, SUITE 800, WASHINGTON DC 20006
Mark W Bailey	director	10200 S DE ANZA BLVD, CUPERTINO CA 95014
Ashish Gupta	officer: Co-President	C/O PUBMATIC, INC., 3 LAGOON DRIVE, SUITE 180, REDWOOD CITY CA 94065
Kludein Prime Llc	10 percent owner	855 EL CAMINO REAL #13A-385, PALO ALTO CA 94301
Mary Krishnamoorthy	director, officer: Chief Financial Officer	2400 BROADWAY ST. SUITE 230, REDWOOD CITY CA 94063
Narayan Ramachandran	director, 10 percent owner, officer: CEO, COB, Co-President	2400 BROADWAY ST. SUITE 230, REDWOOD CITY CA 94063
Sriram Raghavan	10 percent owner	2400 BROADWAY ST. SUITE 230, REDWOOD CITY CA 94063
Madhavan Rangaswami	director	2400 BROADWAY ST. SUITE 230, REDWOOD CITY CA 94063