Engage XR Holdings (LSE:EXR) EBIT : £-3.48 Mil (TTM As of Dec. 2023)

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What is Engage XR Holdings EBIT?

Engage XR Holdings's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2023 was £-1.61 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was £-3.48 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Engage XR Holdings's annualized ROC % for the quarter that ended in Dec. 2023 was -411.63%. Engage XR Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -631.27%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Engage XR Holdings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -230.60%.

Engage XR Holdings EBIT Historical Data

The historical data trend for Engage XR Holdings'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.

Engage XR Holdings EBIT Chart

Engage XR Holdings Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

EBIT

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-1.64

-2.47

-2.66

-5.22

-3.49

Engage XR Holdings Semi-Annual Data
	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
EBIT	Get a 7-Day Free Trial								-1.56	-2.39	-2.80	-1.88	-1.61

Competitive Comparison of Engage XR Holdings's EBIT

For the Software - Application subindustry, Engage XR Holdings'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.

Engage XR Holdings's EV-to-EBIT Distribution in the Software Industry

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

* The bar in red indicates where Engage XR Holdings's EV-to-EBIT falls into.

Engage XR Holdings 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 £-3.48 Mil.

Engage XR Holdings (LSE:EXR) EBIT Explanation

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

Engage XR Holdings'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 )
=	-3.54 * ( 1 - 0% )	/	( (0.796	+	0.924)	/ 2 )
=	-3.54	/	0.86
=	-411.63 %

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	))
=	9.446	-	0.544	-	( 8.106	-	max(0, 0.557	-	9.346	+	8.106	))
=	0.796

	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	))
=	7.952	-	0.213	-	( 6.815	-	max(0, 0.575	-	7.845	+	6.815	))
=	0.924

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:

Engage XR Holdings'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 )
=	-3.21	/	( ( (0.089 + max(0.695, 0))	+	(0.107 + max(0.126, 0)) )	/	2 )
=	-3.21	/	( ( 0.784	+	0.233 )	/	2 )
=	-3.21	/	0.5085
=	-631.27 %

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)
=	(1.24	+	0	+	0)	-	(0.544	+	0	+	0.001)
=	0.695

	Working Capital		(Q: Dec. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0.51	+	0	+	0.145)	-	(0.213	+	0	+	0.316)
=	0.126

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:

Engage XR Holdings's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Dec. 2023 )
	=	-3.482	/	1.510
	=	-230.60 %

Engage XR Holdings EBIT Related Terms

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Engage XR Holdings (LSE:EXR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Engage XR Holdings PLC (LSE:EXR) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

6VR:Germany

Address

Old Kilmeaden Road, Unit 9 Cleaboy Business Park, Waterford, IRL, X91 AX83

Website

https://www.engagevr.io

Engage XR Holdings PLC operates as a virtual reality software and technology company in Ireland. It is engaged in the development of the educational Virtual Reality platform - ENGAGE. The company also develops and sells online virtual social learning and presentation platforms for creating, sharing, and delivering proprietary and third-party VR content for educational and corporate training purposes. Its products include ENGAGE platform, 1943 Berlin Blitz, Titanic VR, Apollo 11 VR, and RCSI medical training app.