Kubient (Kubient) EBIT : $-12.45 Mil (TTM As of Mar. 2023)

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What is Kubient EBIT?

Kubient's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2023 was $-2.46 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2023 was $-12.45 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Kubient's annualized ROC % for the quarter that ended in Mar. 2023 was -5,633.99%. Kubient's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2023 was %.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Kubient's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2023 was 105.98%.

Kubient EBIT Historical Data

The historical data trend for Kubient'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.

Kubient EBIT Chart

Kubient Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

EBIT

-3.68

-3.31

-6.35

-10.28

-13.61

Kubient Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23
EBIT	Get a 7-Day Free Trial													-3.62	-5.81	-1.67	-2.51	-2.46

Competitive Comparison of Kubient's EBIT

For the Software - Application subindustry, Kubient'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.

Kubient's EV-to-EBIT Distribution in the Software Industry

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

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

Kubient 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. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-12.45 Mil.

Kubient (OTCPK:KBNT) EBIT Explanation

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

Kubient's annualized ROC % for the quarter that ended in Mar. 2023 is calculated as:

	ROC % (Q: Mar. 2023 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Dec. 2022 )	+	Invested Capital (Q: Mar. 2023 ))	/ count )
=	-9.944 * ( 1 - 0% )	/	( (0.233	+	0.12)	/ 2 )
=	-9.944	/	0.1765
=	-5,633.99 %

where

	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	))
=	15.232	-	2.126	-	( 14.739	-	max(0, 2.349	-	15.222	+	14.739	))
=	0.233

	Invested Capital		(Q: Mar. 2023 )
=	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	))
=	12.25	-	1.612	-	( 11.828	-	max(0, 1.722	-	12.24	+	11.828	))
=	0.12

Note: The Operating Income data used here is four times the quarterly (Mar. 2023) data.

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

Kubient's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2023 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Mar. 2023 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Dec. 2022		Q: Mar. 2023
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-9.852	/	( ( (0 + max(-1.866, 0))	+	(0 + max(-1.31, 0)) )	/	2 )
=	-9.852	/	( ( 0	+	0 )	/	2 )
=	-9.852	/	0
=	%

where Working Capital is:

	Working Capital		(Q: Dec. 2022 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0.136	+	0	+	0.347)	-	(2.126	+	0.028	+	0.195)
=	-1.866

	Working Capital		(Q: Mar. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0.098	+	0	+	0.314)	-	(1.612	+	0.001	+	0.109)
=	-1.31

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2023) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Mar. 2023 )
	=	-12.448	/	-11.746
	=	105.98 %

Kubient EBIT Related Terms

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Kubient (Kubient) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Kubient Inc (OTCPK:KBNT) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

500 7th Avenue, 8th Floor, New York, NY, USA, 10018

Website

https://www.kubient.com

Kubient Inc has developed a cloud-based software platform for real-time trading of digital, programmatic advertising. The platform allows both advertisers and publishers to use machine learning during any programmatic ad space auction.

Executives

Capital Spc Mithaq	10 percent owner	C/O SYNERGY, ANAS IBN MALIK ROAD, AL MALQA, RIYADH T0 13521
Alrajhi Turki Saleh A.	other: DIRECTOR TO MITHAQ CAPITAL SPC	MITHAQ CAPITAL, C/O SYNERGY, ANAS IBN MALIK ROAD, AL MALQA, RIYADH T0 13521
Muhammad Asif Seemab	other: DIRECTOR TO MITHAQ CAPITAL SPC	MITHAQ CAPITAL, C/O SYNERGY, ANAS IBN MALIK ROAD, AL MALQA, RIYADH T0 13521
Mitchell Berg	officer: Chief Technology Officer	3 PEGS LANE, COLD SPRING HARBOR NY 11724
Leon Zemel	officer: Chief Product Officer	45 OXFORD ROAD, NEW ROCHELLE NY 10804
Joshua Adam Weiss	officer: Chief Financial Officer	330 SEVENTH AVENUE, 10TH FLOOR, NEW YORK NY 10011
Grainne M Coen	director	111 WEST 28TH STREET, NEW YORK NY 10001
Jonathan Bond	director	C/O SITO MOBILE, LTD., 100 TOWN SQUARE PLACE, SUITE 204, JERSEY CITY NJ 07310
Lawrence G Harris	director	180 BAYVIEW AVENUE, NORTHPORT NY 11768
Christopher Francia	officer: Chief Product Officer	49 HARDING AVE., VALHALLA NY 10595
Bordes Peter A Jr	director, officer: Chief Executive Officer	C/O BEASLEY BROADCAST GROUP, INC., 3033 RIVIERA DRIVE, SUITE 200, NAPLES FL 34103
Christopher H Smith	director	C/O ONEIDA LTD., 163-181 KENWOOD AVENUE, ONEIDA NY 13421
Paul Damian Roberts	director, officer: See Remarks	111 WEST 28TH STREET, NEW YORK NY 10001
Pavel Medvedev	officer: Chief Technology Officer	228 PARK AVENUE SOUTH, SUITE 72602, NEW YORK NY 10003
Christopher Andrews	officer: Chief Digital Officer	228 PARK AVENUE SOUTH, SUITE 72602, NEW YORK NY 10003