GEO Exploration (LSE:GEO) EBIT : £-0.78 Mil (TTM As of Jun. 2024)

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What is GEO Exploration EBIT?

GEO Exploration's earnings before interest and taxes (EBIT) for the six months ended in Jun. 2024 was £-0.54 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2024 was £-0.78 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. GEO Exploration's annualized ROC % for the quarter that ended in Jun. 2024 was -69.01%. GEO Exploration's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was -71.35%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. GEO Exploration's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was -13.68%.

GEO Exploration EBIT Historical Data

The historical data trend for GEO Exploration'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.

GEO Exploration EBIT Chart

GEO Exploration Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

EBIT

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-1.23

-1.14

-1.19

-1.04

-0.78

GEO Exploration Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
EBIT	Get a 7-Day Free Trial															-0.56	-0.57	-0.50	-0.25	-0.54

Competitive Comparison of GEO Exploration's EBIT

For the Oil & Gas E&P subindustry, GEO Exploration'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.

GEO Exploration's EV-to-EBIT Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, GEO Exploration's EV-to-EBIT distribution charts can be found below:

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

GEO Exploration 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 £-0.78 Mil.

GEO Exploration (LSE:GEO) EBIT Explanation

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

GEO Exploration'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 )
=	-1.072 * ( 1 - 0% )	/	( (1.521	+	1.586)	/ 2 )
=	-1.072	/	1.5535
=	-69.01 %

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	))
=	2.011	-	0.018	-	( 0.472	-	max(0, 0.018	-	0.495	+	0.472	))
=	1.521

	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	))
=	1.859	-	0.255	-	( 0.152	-	max(0, 0.255	-	0.273	+	0.152	))
=	1.586

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:

GEO Exploration'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 )
=	-1.072	/	( ( (1.414 + max(0.005, 0))	+	(1.586 + max(-0.134, 0)) )	/	2 )
=	-1.072	/	( ( 1.419	+	1.586 )	/	2 )
=	-1.072	/	1.5025
=	-71.35 %

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)
=	(0.023	+	0	+	0)	-	(0.018	+	0	+	0)
=	0.005

	Working Capital		(Q: Jun. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0.019	+	0	+	0.102)	-	(0.255	+	0	+	0)
=	-0.134

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:

GEO Exploration's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Jun. 2024 )
	=	-0.784	/	5.731
	=	-13.68 %

GEO Exploration EBIT Related Terms

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GEO Exploration Business Description

Industry

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Address

91 William Street, Level 4, Melbourne, VIC, AUS, 3000

Website

https://www.geoexplorationlimited.com

GEO Exploration Ltd is an early-stage mineral resource and hydrocarbon exploration company. The Company's primary focus is highly prospective projects in Australia, with significant interest in Africa and the Mediterranean. Its projects include The Juno Project, Offshore Adriatic Coast, Italy, and Namibian Project.