Mind Gym (LSE:MIND) EBIT : £0.34 Mil (TTM As of Sep. 2024)

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What is Mind Gym EBIT?

Mind Gym's earnings before interest and taxes (EBIT) for the six months ended in Sep. 2024 was £-0.77 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was £0.34 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Mind Gym's annualized ROC % for the quarter that ended in Sep. 2024 was -7.46%. Mind Gym's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was -82.94%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Mind Gym's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 1.75%.

Mind Gym EBIT Historical Data

The historical data trend for Mind Gym'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.

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Mind Gym EBIT Chart

Mind Gym Annual Data

Trend

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

EBIT

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7.47

-0.19

-0.33

3.14

-11.98

Mind Gym Semi-Annual Data
	Mar16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
EBIT	Get a 7-Day Free Trial												0.69	2.45	-13.09	1.11	-0.77

Competitive Comparison of Mind Gym's EBIT

For the Specialty Business Services subindustry, Mind Gym'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.

Mind Gym's EV-to-EBIT Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Mind Gym's EV-to-EBIT distribution charts can be found below:

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

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Mind Gym 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 Sep. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was £0.34 Mil.

Mind Gym (LSE:MIND) EBIT Explanation

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

Mind Gym's annualized ROC % for the quarter that ended in Sep. 2024 is calculated as:

	ROC % (Q: Sep. 2024 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Mar. 2024 )	+	Invested Capital (Q: Sep. 2024 ))	/ count )
=	-1.484 * ( 1 - 8.28% )	/	( (19.117	+	17.352)	/ 2 )
=	-1.3611248	/	18.2345
=	-7.46 %

where

	Invested Capital		(Q: Mar. 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	))
=	22.38	-	3.021	-	( 1.369	-	max(0, 9.505	-	9.747	+	1.369	))
=	19.117

	Invested Capital		(Q: Sep. 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	))
=	19.598	-	2.743	-	( 0.746	-	max(0, 7.949	-	7.452	+	0.746	))
=	17.352

Note: The Operating Income data used here is two times the semi-annual (Sep. 2024) data.

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

Mind Gym's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Sep. 2024 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Mar. 2024		Q: Sep. 2024
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-1.544	/	( ( (2.1 + max(-1.02, 0))	+	(1.623 + max(-1.485, 0)) )	/	2 )
=	-1.544	/	( ( 2.1	+	1.623 )	/	2 )
=	-1.544	/	1.8615
=	-82.94 %

where Working Capital is:

	Working Capital		(Q: Mar. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(5.892	+	0.04	+	1.573)	-	(3.021	+	0	+	5.504)
=	-1.02

	Working Capital		(Q: Sep. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(4.939	+	0.026	+	0.893)	-	(2.743	+	0	+	4.6)
=	-1.485

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Sep. 2024) EBIT data.

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

Mind Gym's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Sep. 2024 )
	=	0.338	/	19.273
	=	1.75 %

Mind Gym EBIT Related Terms

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Mind Gym Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

N/A

Address

160 Kensington High Street, London, GBR, W8 7RG

Website

https://www.themindgym.com

Mind Gym PLC is an international behavioural science company delivering business improvement solutions to companies across the world. The firm provides solutions like performance management, management development, reorganization, personal effectiveness, onboarding, employee engagement, and customer service. The group has two operating segments; EMEA (comprising the United Kingdom, Singapore, and the United Arab Emirates) and America (comprising the United States and Canada). It derives revenue from the provision of human capital and business improvement solutions.