IWSY (ImageWare Systems) EBIT: $9.30 Mil (TTM As of Mar. 2022)


IWSY ImageWare Systems Inc IWSY
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What is ImageWare Systems EBIT?

ImageWare Systems IWSY -99.00% 12 EBIT is $9.30 Mil as of Mar. 2022. GuruFocus rates IWSY with a GF Score™ of 12/100.

ImageWare Systems's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2022 was $-2.65 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2022 was $9.30 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. ImageWare Systems's annualized ROC % for the quarter that ended in Mar. 2022 was -61.15%. ImageWare Systems's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2022 was -1,170.35%.

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

ImageWare Systems  (OTCPK:IWSY) EBIT Explanation

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

ImageWare Systems's annualized ROC % for the quarter that ended in Mar. 2022 is calculated as:

ROC % (Q: Mar. 2022 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2021 ) + Invested Capital (Q: Mar. 2022 ))/ count )
=-7.852 * ( 1 - 0% )/( (12.159 + 13.524)/ 2 )
=-7.852/12.8415
=-61.15 %

where

Invested Capital(Q: Dec. 2021 )
=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))
=6.316 - 2.203 - ( 1.202 - max(0, 9.871 - 1.825+1.202))
=12.159

Invested Capital(Q: Mar. 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))
=5.727 - 2.492 - ( 0.832 - max(0, 11.569 - 1.28+0.832))
=13.524

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

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

ImageWare Systems's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2022 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2022 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2021  Q: Mar. 2022
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-10.58/( ( (0.926 + max(-8.228, 0)) + (0.882 + max(-9.023, 0)) )/ 2 )
=-10.58/( ( 0.926 + 0.882 )/ 2 )
=-10.58/0.904
=-1,170.35 %

where Working Capital is:

Working Capital(Q: Dec. 2021 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.383 + 0.025 + 0.215) - (2.203 + 1.222 + 5.426)
=-8.228

Working Capital(Q: Mar. 2022 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.314 + 0.024 + 0.11) - (2.492 + 0.955 + 6.024)
=-9.023

When net working capital is negative, 0 is used.

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

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

ImageWare Systems's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2022 )
=9.295/0.000
= %

* 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.

ImageWare Systems EBIT Related Terms

ImageWare Systems EBIT Historical Data

* Premium members only.

The historical data trend for ImageWare Systems'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.

ImageWare Systems EBIT Chart

ImageWare Systems Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -9.77 -12.00 -12.25 -7.14 9.29

ImageWare Systems Quarterly Data
Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22
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 -1.89 -2.74 -2.44 17.12 -2.65

IWSY vs MAXD, FDBL, AVYAQ: EBIT Comparison

For the Software - Application subindustry, ImageWare Systems'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.

ImageWare Systems EV-to-EBIT vs Software Industry

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

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


IWSY
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ImageWare Systems Inc IWSY
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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ImageWare Systems 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. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $9.30 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.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of $9.30 Mil mean?
ImageWare Systems (IWSY) has a EBIT of $9.30 Mil as of Mar. 2022. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on ImageWare Systems.
Is ImageWare Systems' EBIT too high?
ImageWare Systems' current EBIT is $9.30 Mil. Overall, ImageWare Systems has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does ImageWare Systems' EBIT compare to MAXD and FDBL?
ImageWare Systems' EBIT of $9.30 Mil can be compared against companies in the Software industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for a Software company?
A good EBIT depends on the Software industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on ImageWare Systems. ImageWare Systems's current EBIT is $9.30 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ImageWare Systems stock overvalued right now?
ImageWare Systems (IWSY) has a current EBIT of $9.30 Mil. The current EBIT is $9.30 Mil. ImageWare Systems' overall GF Score™ is 12/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For ImageWare Systems (IWSY), the current EBIT is $9.30 Mil as of Mar. 2022. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

ImageWare Systems Business Description

Address 11440 West Bernardo Court, Suite 300, San Diego, CA, USA, 92127
ImageWare Systems Inc was founded to innovate imaging. The company built a digital booking platform. ImageWare has evolved as a holder of multimodal biometrics, managing over million identities daily. It is democratizing biometrics by offering defense grade identity and authentication solutions to the masses. By identifying the person, not a device, and never disclosing Personally Identifiable Information (PII), the company is giving populations around the globe access to their important data.
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EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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