accesso Technology Group (LSE:ACSO) EBIT : £8.2 Mil (TTM As of Dec. 2023)

View and export this data going back to 2002. Start your Free Trial

What is accesso Technology Group EBIT?

accesso Technology Group's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2023 was £8.5 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was £8.2 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. accesso Technology Group's annualized ROC % for the quarter that ended in Dec. 2023 was 9.25%. accesso Technology Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 663.14%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. accesso Technology Group's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 3.07%.

accesso Technology Group EBIT Historical Data

The historical data trend for accesso Technology Group'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.

accesso Technology Group EBIT Chart

accesso Technology Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

EBIT

Get a 7-Day Free Trial

-42.99

-23.62

9.81

10.60

8.24

accesso Technology Group Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
EBIT	Get a 7-Day Free Trial															8.56	2.71	7.87	-0.28	8.52

Competitive Comparison of accesso Technology Group's EBIT

For the Software - Application subindustry, accesso Technology Group'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.

accesso Technology Group's EV-to-EBIT Distribution in the Software Industry

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

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

accesso Technology Group 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 Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was £8.2 Mil.

accesso Technology Group (LSE:ACSO) EBIT Explanation

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

accesso Technology Group's annualized ROC % for the quarter that ended in Dec. 2023 is calculated as:

	ROC % (Q: Dec. 2023 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Jun. 2023 )	+	Invested Capital (Q: Dec. 2023 ))	/ count )
=	16.97 * ( 1 - 14.01% )	/	( (153.971	+	161.704)	/ 2 )
=	14.592503	/	157.8375
=	9.25 %

where

	Invested Capital		(Q: Jun. 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	))
=	207.797	-	19.631	-	( 34.195	-	max(0, 24.668	-	62.301	+	34.195	))
=	153.971

	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	))
=	216.435	-	23.811	-	( 40.933	-	max(0, 38.867	-	69.787	+	40.933	))
=	161.704

Note: The Operating Income data used here is two times the semi-annual (Dec. 2023) data.

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

accesso Technology Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Dec. 2023 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Jun. 2023		Q: Dec. 2023
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	17.036	/	( ( (2.736 + max(0.068000000000001, 0))	+	(2.334 + max(-12.443, 0)) )	/	2 )
=	17.036	/	( ( 2.804	+	2.334 )	/	2 )
=	17.036	/	2.569
=	663.14 %

where Working Capital is:

	Working Capital		(Q: Jun. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(20.701	+	0.456	+	3.033)	-	(19.631	+	0	+	4.491)
=	0.068000000000001

	Working Capital		(Q: Dec. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(19.709	+	0.881	+	5.208)	-	(23.811	+	0	+	14.43)
=	-12.443

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Dec. 2023) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Dec. 2023 )
	=	8.238	/	268.470
	=	3.07 %

accesso Technology Group EBIT Related Terms

Thank you for viewing the detailed overview of accesso Technology Group's EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.

accesso Technology Group (LSE:ACSO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » accesso Technology Group PLC (LSE:ACSO) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

LOQPF:USA

Address

Unit 5, The Pavilions, Ruscombe Park, Twyford, GBR, RG10 9NN

Website

https://www.accesso.com

accesso Technology Group PLC is a software company engaged in the development and application of ticketing, mobile, and eCommerce technologies,s, licensing, and operation of virtual queuing solutions s and providing a personalized experience to customers within the attractions and leisure industry. It operates in Ticketing and Distribution segment. Its solutions are accesso LoQueue, accesso Passport, accesso Siriuswarem, and accesso ShoWare, which provide solutions for ticketing & admissions, gift cards, kiosks, and eCommerce, box office, call center, and social media sales, food and beverage, retail, eCommerce via kiosk or mobile. It has a presence in the UK, other Europe, Australia, the USA, and Canada which drives key revenue, in Central and South America.

accesso Technology Group (LSE:ACSO) Headlines

No Headlines