Cykel AI (LSE:CYK) EBIT : £-2.20 Mil (TTM As of Jun. 2024)

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What is Cykel AI EBIT?

Cykel AI's earnings before interest and taxes (EBIT) for the six months ended in Jun. 2024 was £-3.98 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2024 was £-2.20 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Cykel AI's annualized ROC % for the quarter that ended in Jun. 2024 was -3,265.57%. Cykel AI's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was -1,593,600.00%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Cykel AI's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was -20.76%.

Cykel AI EBIT Historical Data

The historical data trend for Cykel AI'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.

Cykel AI EBIT Chart

Cykel AI Annual Data

Trend

Jan19

Dec20

Dec21

Dec22

EBIT

-0.07

-0.23

-0.41

0.11

Cykel AI Semi-Annual Data
	Jul18	Jan19	Jul19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
EBIT	Get a 7-Day Free Trial							-0.38	0.49	-1.17	1.79	-3.98

Competitive Comparison of Cykel AI's EBIT

For the Software - Infrastructure subindustry, Cykel AI'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.

Cykel AI's EV-to-EBIT Distribution in the Software Industry

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

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

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Cykel AI 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 £-2.20 Mil.

Cykel AI (LSE:CYK) EBIT Explanation

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

Cykel AI'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 )
=	-7.968 * ( 1 - 0% )	/	( (0.224	+	0.264)	/ 2 )
=	-7.968	/	0.244
=	-3,265.57 %

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	))
=	0.015	-	0.106	-	( 0.009	-	max(0, 0.33	-	0.015	+	0.009	))
=	0.224

	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	))
=	0.837	-	0.179	-	( 0.515	-	max(0, 0.222	-	0.616	+	0.515	))
=	0.264

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:

Cykel AI'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 )
=	-7.968	/	( ( (0.001 + max(-0.163, 0))	+	(0 + max(-0.124, 0)) )	/	2 )
=	-7.968	/	( ( 0.001	+	0 )	/	2 )
=	-7.968	/	0.0005
=	-1,593,600.00 %

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)
=	(0	+	0	+	0.006)	-	(0.106	+	0	+	0.063)
=	-0.163

	Working Capital		(Q: Jun. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0.098)	-	(0.179	+	0	+	0.043)
=	-0.124

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:

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

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Jun. 2024 )
	=	-2.198	/	10.590
	=	-20.76 %

Cykel AI EBIT Related Terms

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Cykel AI Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Cykel AI PLC (LSE:CYK) » Definitions » EBIT

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Traded in Other Exchanges

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Address

16 Great Queen Street, London, GBR, WC2B 5DG

Website

https://www.cykel.ai

Cykel AI PLC engaged to build AI tools that can interact with any UI, website or API in response to natural language commands.

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