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LPTV (Loop Media) EBIT : $-21.43 Mil (TTM As of Jun. 2024)


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What is Loop Media EBIT?

Loop Media's earnings before interest and taxes (EBIT) for the three months ended in Jun. 2024 was $-4.78 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2024 was $-21.43 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Loop Media's annualized ROC % for the quarter that ended in Jun. 2024 was -196.39%. Loop Media's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was -736.38%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Loop Media's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was -198.51%.


Loop Media EBIT Historical Data

The historical data trend for Loop Media'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.

Loop Media EBIT Chart

Loop Media Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Dec20 Sep21 Sep22 Sep23 Sep24
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -14.19 - -25.86 -28.14 -21.43

Loop Media Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 -8.08 -4.28 -6.84 -4.78 -5.52

Competitive Comparison of Loop Media's EBIT

For the Broadcasting subindustry, Loop Media'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.


Loop Media's EV-to-EBIT Distribution in the Media - Diversified Industry

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

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



Loop Media 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 quarterly data reported by the company within the most recent 12 months, which was $-21.43 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.


Loop Media  (OTCPK:LPTV) EBIT Explanation

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

Loop Media'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: Mar. 2024 ) + Invested Capital (Q: Jun. 2024 ))/ count )
=-18.24 * ( 1 - 0% )/( (9.02 + 9.555)/ 2 )
=-18.24/9.2875
=-196.39 %

where

Note: The Operating Income data used here is four times the quarterly (Jun. 2024) data.

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

Loop Media'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: Mar. 2024  Q: Jun. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-19.12/( ( (2.496 + max(-9.622, 0)) + (2.697 + max(-10.951, 0)) )/ 2 )
=-19.12/( ( 2.496 + 2.697 )/ 2 )
=-19.12/2.5965
=-736.38 %

where Working Capital is:

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(3.572 + 0 + 2.417) - (14.393 + 0.053 + 1.165)
=-9.622

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(3.542 + 0 + 1.44) - (14.898 + 0.026 + 1.009)
=-10.951

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Jun. 2024) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2024 )
=-21.427/10.794
=-198.51 %

* 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.


Loop Media EBIT Related Terms

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Loop Media Business Description

Traded in Other Exchanges
N/A
Address
2600 West Olive Avenue, Suite 5470, Burbank, CA, USA, 91505
Loop Media Inc is a multichannel digital video platform media company that uses marketing technology. The company is focused on premium short-form video. It offers music videos and film, game, and TV trailers which can be viewed in hospitality, dining, and retail venues, on branded media and entertainment sites, and on over-the-top TV platforms and IPTV devices.
Executives
Excel Family Partners Lllp 10 percent owner 700 N CENTRAL AVENUE, SUITE 430, GLENDALE CA 91203
Jon Maxwell Niermann Living Trust 10 percent owner 700 N CENTRAL AVENUE, SUITE 430, GLENDALE CA 91203
Cassidy Bruce A. Sr. director, 10 percent owner C/O LOOP MEDIA, 700 N CENTRAL AVENUE, SUITE 430, GLENDALE CA 91203
David Saint-fleur director C/O LOOP MEDIA, 700 N CENTRAL AVENUE, SUITE 430, GLENDALE CA 91203
Denise M. Penz director C/O LOOP MEDIA, INC., 700 N. CENTRAL AVE., SUITE 430, GLENDALE CA 91203
Bruce A. Cassidy 2013 Irrevocable Trust 10 percent owner 8060 COW CAMP LANE, SARASOTA FL 34240
Bob Gruters officer: Chief Revenue Officer C/O LOOP MEDIA, 700 N CENTRAL AVENUE, SUITE 430, GLENDALE CA 91203
Andy Schuon officer: Head of Loop Studios C/O LOOP MEDIA, 700 N CENTRAL AVENUE, SUITE 430, GLENDALE CA 91203
Sonya Zilka director C/O LOOP MEDIA, 700 N CENTRAL AVENUE, SUITE 430, GLENDALE CA 91203
Neil T Watanabe officer: Chief Financial Officer 13245 RIVERSIDE DRIVE, SUITE 450, SHERMAN OAKS CA 91423
Liam Mccallum officer: Chief Product and Tech Officer C/O LOOP MEDIA, 700 N CENTRAL AVENUE, SUITE 430, GLENDALE CA 91203
Cerna James J Jr officer: Chief Financial Officer C/O LOOP MEDIA, 700 N CENTRAL AVENUE, SUITE 430, GLENDALE CA 91203
Jon M Niermann director, 10 percent owner, officer: Chief Executive Officer C/O LOOP MEDIA, 700 N CENTRAL AVENUE, SUITE 430, GLENDALE CA 91203
Pioneer Productions Llc 10 percent owner C/O LOOP MEDIA, 700 N CENTRAL AVENUE, SUITE 430, GLENDALE CA 91203
Running Wind Llc 10 percent owner 1879 HAZELTON DRIVE, GERMANTOWN TN 38138