AYO Technology Solutions (JSE:AYO) EBIT : R-215 Mil (TTM As of Aug. 2024)

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What is AYO Technology Solutions EBIT?

AYO Technology Solutions's earnings before interest and taxes (EBIT) for the six months ended in Aug. 2024 was R-124 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Aug. 2024 was R-215 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. AYO Technology Solutions's annualized ROC % for the quarter that ended in Aug. 2024 was -18.73%. AYO Technology Solutions's annualized ROC (Joel Greenblatt) % for the quarter that ended in Aug. 2024 was -50.21%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. AYO Technology Solutions's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Aug. 2024 was 264.01%.

AYO Technology Solutions EBIT Historical Data

The historical data trend for AYO Technology Solutions'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.

AYO Technology Solutions EBIT Chart

AYO Technology Solutions Annual Data

Trend

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Aug24

EBIT

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121.06

-187.00

-219.60

-628.92

-215.22

AYO Technology Solutions Semi-Annual Data
	Aug15	Aug16	Feb17	Aug17	Feb18	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23	Aug23	Feb24	Aug24
EBIT	Get a 7-Day Free Trial													-140.04	-249.76	-379.15	-90.94	-124.28

Competitive Comparison of AYO Technology Solutions's EBIT

For the Information Technology Services subindustry, AYO Technology Solutions'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.

AYO Technology Solutions's EV-to-EBIT Distribution in the Software Industry

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

* The bar in red indicates where AYO Technology Solutions's EV-to-EBIT falls into.

AYO Technology Solutions 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 Aug. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was R-215 Mil.

AYO Technology Solutions (JSE:AYO) EBIT Explanation

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

AYO Technology Solutions's annualized ROC % for the quarter that ended in Aug. 2024 is calculated as:

	ROC % (Q: Aug. 2024 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Feb. 2024 )	+	Invested Capital (Q: Aug. 2024 ))	/ count )
=	-288.358 * ( 1 - -14.05% )	/	( (2145.391	+	1366.23)	/ 2 )
=	-328.872299	/	1755.8105
=	-18.73 %

where

	Invested Capital		(Q: Feb. 2024 )
=	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	))
=	2816.423	-	348.429	-	( 322.603	-	max(0, 624.112	-	1902.792	+	322.603	))
=	2145.391

	Invested Capital		(Q: Aug. 2024 )
=	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	))
=	2019.683	-	310.52	-	( 342.933	-	max(0, 591.217	-	1128.014	+	342.933	))
=	1366.23

Note: The Operating Income data used here is two times the semi-annual (Aug. 2024) data.

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

AYO Technology Solutions's annualized ROC (Joel Greenblatt) % for the quarter that ended in Aug. 2024 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Aug. 2024 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Feb. 2024		Q: Aug. 2024
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-248.562	/	( ( (67.609 + max(718.015, 0))	+	(62.815 + max(141.746, 0)) )	/	2 )
=	-248.562	/	( ( 785.624	+	204.561 )	/	2 )
=	-248.562	/	495.0925
=	-50.21 %

where Working Capital is:

	Working Capital		(Q: Feb. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(311.757	+	229.303	+	781.879)	-	(348.429	+	0	+	256.495)
=	718.015

	Working Capital		(Q: Aug. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(340.758	+	223.631	+	147.719)	-	(310.52	+	0	+	259.842)
=	141.746

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Aug. 2024) EBIT data.

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

AYO Technology Solutions's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Aug. 2024 )
	=	-215.222	/	-81.521
	=	264.01 %

AYO Technology Solutions EBIT Related Terms

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AYO Technology Solutions Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » AYO Technology Solutions Ltd (JSE:AYO) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

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Address

Cnr Heerengracht & Walter Sisulu Avenue, 10th Floor, Convention Tower, Foreshore, Cape Town, WC, ZAF, 8001

Website

https://www.ayotsl.com

AYO Technology Solutions Ltd is engaged in the provision of technology-related solutions. The company through its subsidiaries provides solutions to both the public and private sectors within South Africa and overseas countries. It offers a diversified portfolio of services such as data analytics, systems integration, and business process management, software development, security, cloud solutions, and digital transformation. The company's operating segment includes Software and consulting; Security solutions; Unified communications; Health care service; Tracking solutions and Managed Services. It generates maximum revenue from the Managed services segment.

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