Inflection Point Acquisition (Inflection Point Acquisition) EBIT : $-2.94 Mil (TTM As of Sep. 2022)

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What is Inflection Point Acquisition EBIT?

Inflection Point Acquisition's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2022 was $-2.01 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2022 was $-2.94 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Inflection Point Acquisition's annualized ROC % for the quarter that ended in Sep. 2022 was -2.43%. Inflection Point Acquisition's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2022 was %.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Inflection Point Acquisition's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2022 was -0.68%.

Inflection Point Acquisition EBIT Historical Data

The historical data trend for Inflection Point 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.

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Inflection Point Acquisition EBIT Chart

Inflection Point Acquisition Annual Data

Trend

Dec21

EBIT

Inflection Point Acquisition Quarterly Data
	Jan21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22
EBIT	Get a 7-Day Free Trial			-0.05	-	-0.35	-0.58	-2.01

Competitive Comparison of Inflection Point Acquisition's EBIT

For the Shell Companies subindustry, Inflection Point 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.

Inflection Point Acquisition's EV-to-EBIT Distribution in the Diversified Financial Services Industry

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

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

Inflection Point 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 Sep. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $-2.94 Mil.

Inflection Point Acquisition (NAS:IPAX) EBIT Explanation

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

Inflection Point Acquisition's annualized ROC % for the quarter that ended in Sep. 2022 is calculated as:

	ROC % (Q: Sep. 2022 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Jun. 2022 )	+	Invested Capital (Q: Sep. 2022 ))	/ count )
=	-8.048 * ( 1 - 0% )	/	( (330.355	+	331.868)	/ 2 )
=	-8.048	/	331.1115
=	-2.43 %

where

	Invested Capital		(Q: Jun. 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	))
=	330.844	-	0.576	-	( 0.003	-	max(0, 0.576	-	0.489	+	0.003	))
=	330.355

	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	))
=	332.22	-	2.347	-	( 0.019	-	max(0, 2.472	-	0.477	+	0.019	))
=	331.868

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

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

Inflection Point Acquisition's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2022 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Sep. 2022 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Jun. 2022		Q: Sep. 2022
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-8.048	/	( ( (0 + max(-0.09, 0))	+	(0 + max(-1.889, 0)) )	/	2 )
=	-8.048	/	( ( 0	+	0 )	/	2 )
=	-8.048	/	0
=	%

where Working Capital is:

	Working Capital		(Q: Jun. 2022 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0.486)	-	(0.576	+	0	+	0)
=	-0.09

	Working Capital		(Q: Sep. 2022 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0.458)	-	(2.347	+	0	+	0)
=	-1.889

When net working capital is negative, 0 is used.

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

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

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

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Sep. 2022 )
	=	-2.937	/	429.605
	=	-0.68 %

Inflection Point Acquisition EBIT Related Terms

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Inflection Point Acquisition (Inflection Point Acquisition) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Inflection Point Acquisition Corp (NAS:IPAX) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

34 East 51st Street, 5th Floor, New York, NY, USA, 10022

Website

https://www.inflectionpointacquisition.com

Inflection Point Acquisition Corp is a blank check company.

Executives

Erin Clift	director	C/O INFLECTION POINT ACQUISITION CORP., 34 EAST 51ST STREET, 5TH FLOOR, NEW YORK NY 10022
Kingstown Capital Partners, Llc	director, other: See Remarks	535 MADISON AVENUE, 30TH FLOOR, NEW YORK NY 10022
Kingstown 1740 Fund L.p.	director, other: See Remarks	34 EAST 51ST STREET, 5TH FLOOR, NEW YORK NY 10022
Guy Shanon	director, 10 percent owner, officer: Co-Chief Executive Officer	1270 BROADWAY, SUITE 1009, NEW YORK NY 10001
Michael Blitzer	director, 10 percent owner, officer: Co-Chief Executive Officer	1270 BROADWAY, SUITE 1009, NEW YORK NY 10001
Kingstown Capital Management L.p.	10 percent owner, other: See Remarks	167 MADISON AVENUE, SUITE 205 #1033, NEW YORK NY 10016
Kingstown Management Gp Llc	10 percent owner, other: See Remarks	1270 BROADWAY, SUITE 1009, NEW YORK NY 10001
Paula Sutter	director	969 BROADWAY, SUITE 200, OAKLAND CA 94607
Inflection Point Holdings Llc	10 percent owner, other: See Remarks	34 EAST 51ST STREET, 5TH FLOOR, NEW YORK NY 10022
Brian Pitz	director, officer: Chief Financial Officer	P.O. BOX 2158, AMTECH CAPITAL PARTNERS LLC, AMAGANSETT NY 11930
Nicholas Shekerdemian	director	201 EAST 21ST STREET, NEW YORK NY 10010