Tap Global Group (LSE:TAP) EBIT: £-1.87 Mil (TTM As of Dec. 2025)


What is Tap Global Group EBIT?

Tap Global Group LSE:TAP +5.66% EBIT is £-1.87 Mil as of Dec. 2025. The stock has 2 warning signs investors should review.

Tap Global Group's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2025 was £-0.67 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2025 was £-1.87 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Tap Global Group's annualized ROC % for the quarter that ended in Dec. 2025 was -36.41%. Tap Global Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was -5,262.75%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Tap Global Group's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was -16.95%.

Tap Global Group  (LSE:TAP) EBIT Explanation

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

Tap Global Group's annualized ROC % for the quarter that ended in Dec. 2025 is calculated as:

ROC % (Q: Dec. 2025 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2025 ) + Invested Capital (Q: Dec. 2025 ))/ count )
=-1.342 * ( 1 - 0% )/( (3.861 + 3.51)/ 2 )
=-1.342/3.6855
=-36.41 %

where

Invested Capital(Q: Jun. 2025 )
=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))
=4.857 - 0.554 - ( 0.811 - max(0, 0.966 - 1.408+0.811))
=3.861

Invested Capital(Q: Dec. 2025 )
=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))
=4.22 - 0.621 - ( 0.433 - max(0, 0.745 - 0.834+0.433))
=3.51

Note: The Operating Income data used here is two times the semi-annual (Dec. 2025) data.

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

Tap Global Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2025 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2025  Q: Dec. 2025
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-1.342/( ( (0.034 + max(-0.607, 0)) + (0.017 + max(-0.458, 0)) )/ 2 )
=-1.342/( ( 0.034 + 0.017 )/ 2 )
=-1.342/0.0255
=-5,262.75 %

where Working Capital is:

Working Capital(Q: Jun. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.333) - (0.554 + 0 + 0.386)
=-0.607

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.113 + 0 + 0.165) - (0.621 + 0 + 0.115)
=-0.458

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Dec. 2025) EBIT data.

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

Tap Global Group's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2025 )
=-1.872/11.042
=-16.95 %

* 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.

Tap Global Group EBIT Related Terms

Tap Global Group EBIT Historical Data

* Premium members only.

The historical data trend for Tap Global Group'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.

Tap Global Group EBIT Chart

Tap Global Group Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.07 -0.32 -1.08 -2.51 -1.33

Tap Global Group Semi-Annual Data
Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Dec24 Jun25 Dec25
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 -0.13 -1.20 -0.67

LSE:TAP vs UBER, SHOP, CRM: EBIT Comparison

For the Software - Application subindustry, Tap Global Group'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.

Tap Global Group EV-to-EBIT vs Software Industry

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

* The bar in red indicates where Tap Global Group's EV-to-EBIT falls into.


Tap Global Group 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. 2025 adds up the semi-annually data reported by the company within the most recent 12 months, which was £-1.87 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.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of £-1.87 Mil mean?
Tap Global Group (LSE:TAP) has a EBIT of £-1.87 Mil as of Dec. 2025. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Tap Global Group.
Is Tap Global Group's EBIT too high?
Tap Global Group's current EBIT is £-1.87 Mil.
How does Tap Global Group's EBIT compare to UBER and SHOP?
Tap Global Group's EBIT of £-1.87 Mil can be compared against companies in the Software industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for a Software company?
A good EBIT depends on the Software industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Tap Global Group. Tap Global Group's current EBIT is £-1.87 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tap Global Group stock overvalued right now?
Tap Global Group (LSE:TAP) has a current EBIT of £-1.87 Mil. The current EBIT is £-1.87 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For Tap Global Group (LSE:TAP), the current EBIT is £-1.87 Mil as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Tap Global Group Business Description

Other Exchanges 8J9:Germany
Address 8 Bishopsgate, Huckletree, Level 2, London, GBR, EC2N 4BQ
Tap Global Group Plc operates a regulated digital finance platform that connects traditional fiat finance and digital assets. The Group provides cryptocurrency trading, digital wallets, card-based payment services, and multi-currency fiat accounts, enabling customers to trade more than 70 cryptocurrencies, store digital assets, and manage payments using GBP and EUR IBAN accounts. Its services are offered to individual, business, and institutional customers, including crypto trading and wallet services, regulated payment accounts for businesses, and Bitcoin Treasury as a Service. The Group has an international presence, serving customers in more than 40 countries.