LKCOF (Luokung Technology) EBIT: $-164.67 Mil (TTM As of Jun. 2024)

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LKCOF Luokung Technology Corp LKCOF
12 GF Score
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What is Luokung Technology EBIT?

Luokung Technology LKCOF 12 EBIT is $-164.67 Mil as of Jun. 2024. GuruFocus rates LKCOF with a GF Score™ of 12/100.

Luokung Technology's earnings before interest and taxes (EBIT) for the six months ended in Jun. 2024 was $-10.43 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2024 was $-164.67 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Luokung Technology's annualized ROC % for the quarter that ended in Jun. 2024 was -27.85%. Luokung Technology's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was -1,642.52%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Luokung Technology's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 96,861.76%.

Luokung Technology  (OTCPK:LKCOF) EBIT Explanation

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

Luokung Technology's annualized ROC % for the quarter that ended in Jun. 2024 is calculated as:

ROC % (Q: Jun. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2023 ) + Invested Capital (Q: Jun. 2024 ))/ count )
=-20.814 * ( 1 - 4.58% )/( (101.134 + 41.495)/ 2 )
=-19.8607188/71.3145
=-27.85 %

where

Invested Capital(Q: Dec. 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))
=53.638 - 46.095 - ( 0.084 - max(0, 100.74 - 7.149+0.084))
=101.134

Invested Capital(Q: Jun. 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))
=48.373 - 95.608 - ( 0.351 - max(0, 96.36 - 7.63+0.351))
=41.495

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

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

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

ROC (Joel Greenblatt) %(Q: Jun. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2023  Q: Jun. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-20.86/( ( (1.826 + max(-42.775, 0)) + (0.714 + max(-93.235, 0)) )/ 2 )
=-20.86/( ( 1.826 + 0.714 )/ 2 )
=-20.86/1.27
=-1,642.52 %

where Working Capital is:

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(3.35 + 0 + 0.652) - (46.095 + 0.683 + -0.0010000000000048)
=-42.775

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(2.593 + 0 + 0.459) - (95.608 + 0.678 + 0.0010000000000048)
=-93.235

When net working capital is negative, 0 is used.

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

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2024 )
=-164.665/-0.170
=96,861.76 %

* 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.

Luokung Technology EBIT Related Terms

Luokung Technology EBIT Historical Data

* Premium members only.

The historical data trend for Luokung Technology'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.

Luokung Technology EBIT Chart

Luokung Technology Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -31.92 -36.43 -65.48 -50.79 -175.47

Luokung Technology Semi-Annual Data
Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 -27.57 -23.22 -21.23 -154.24 -10.43

LKCOF vs CMGO, NWCN, MMND: EBIT Comparison

For the Advertising Agencies subindustry, Luokung Technology'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.

Luokung Technology EV-to-EBIT vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Luokung Technology's EV-to-EBIT distribution charts can be found below:

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


LKCOF
12GF Score
Luokung Technology Corp LKCOF
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Luokung Technology 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 Jun. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was $-164.67 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 $-164.67 Mil mean?
Luokung Technology (LKCOF) has a EBIT of $-164.67 Mil as of Jun. 2024. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Luokung Technology.
Is Luokung Technology's EBIT too high?
Luokung Technology's current EBIT is $-164.67 Mil. Overall, Luokung Technology has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Luokung Technology's EBIT compare to CMGO and NWCN?
Luokung Technology's EBIT of $-164.67 Mil can be compared against companies in the Media - Diversified 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 Media - Diversified company?
A good EBIT depends on the Media - Diversified 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 Luokung Technology. Luokung Technology's current EBIT is $-164.67 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Luokung Technology stock overvalued right now?
Luokung Technology (LKCOF) has a current EBIT of $-164.67 Mil. The current EBIT is $-164.67 Mil. Luokung Technology's 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 Luokung Technology (LKCOF), the current EBIT is $-164.67 Mil as of Jun. 2024. 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.

Luokung Technology Business Description

Address No. 9, Guanghua Road, Miss. Qinyu Zhao B9-8, Block B, SOHO Phase II, Chaoyang District, Beijing, CHN, 100020
Luokung Technology Corp is a spatial-temporal intelligent big data services company, as well as a provider of LBS for various industries in China. It has established city-level and industry-level holographic spatial-temporal digital twin systems and actively serves industries including smart transportation (autonomous driving, smart highway and vehicle-road collaboration), natural resource asset management (carbon neutral and environmental protection remote sensing data service), and LBS smart industry applications (mobile Internet LBS, smart travel, smart logistics, new infrastructure, smart cities, emergency rescue, among others).
12GF Score

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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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