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Big Technologies (LSE:BIG) EBIT : £14.51 Mil (TTM As of Jun. 2024)


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What is Big Technologies EBIT?

Big Technologies's earnings before interest and taxes (EBIT) for the six months ended in Jun. 2024 was £4.11 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2024 was £14.51 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Big Technologies's annualized ROC % for the quarter that ended in Jun. 2024 was 5.92%. Big Technologies's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 15.55%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Big Technologies's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 7.73%.

Big Technologies EBIT Historical Data

The historical data trend for Big Technologies'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.

Big Technologies EBIT Chart

Big Technologies Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
6.37 13.22 13.77 21.04 19.47

Big Technologies Semi-Annual Data
Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.88 12.16 9.07 10.40 4.11

Competitive Comparison of Big Technologies's EBIT

For the Software - Application subindustry, Big Technologies'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.

Big Technologies's EV-to-EBIT Distribution in the Software Industry

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

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


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Big Technologies 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 £14.51 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.

Big Technologies  (LSE:BIG) EBIT Explanation

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

Big Technologies'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 )
=4.824 * ( 1 - 2.62% )/( (41.286 + 117.478)/ 2 )
=4.6976112/79.382
=5.92 %

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))
=134.958 - 6.146 - ( 87.526 - max(0, 7.084 - 103.263+87.526))
=41.286

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))
=143.985 - 6.347 - ( 20.16 - max(0, 8.528 - 111.897+20.16))
=117.478

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:

Big Technologies'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 )
=8.228/( ( (6.775 + max(8.927, 0)) + (6.6 + max(83.513, 0)) )/ 2 )
=8.228/( ( 15.702 + 90.113 )/ 2 )
=8.228/52.9075
=15.55 %

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)
=(8.328 + 7.206 + 0.203) - (6.146 + 0 + 0.664)
=8.927

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(9.15 + 7.987 + 74.6) - (6.347 + 0 + 1.877)
=83.513

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2024 )
=14.51/187.816
=7.73 %

* 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.

Big Technologies EBIT Related Terms

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Big Technologies Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Big Technologies PLC (LSE:BIG) » Definitions » EBIT
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Traded in Other Exchanges
7I8:Germany
Address
17 Church Street, Talbot House, Rickmansworth, GBR, WD3 1DE
Website
https://www.bigtechnologies.co.uk
Big Technologies PLC provides products and services to the remote and personal monitoring industry under several brand and trading names. The company's criminal justice solution involves proprietary monitoring software combined with modular monitoring hardware being used to accurately track the location of tag wearers. Alongside this, it also offers monitoring services solutions for its customers. The company provides its solutions on a SaaS-like subscription-based model, with long-term contracts spanning up to twelve years in length, providing a secure revenue base from which to deliver contract expansion and to win new contracts. It generates revenue across the world, with operations across the United Kingdom, Australia, the United States and Colombia.

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