Adventure SpA (MIL:ADV) EBIT: €0.34 Mil (TTM As of Dec. 2025)

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MIL:ADV Adventure SpA MIL:ADV
15 GF Score
Price €12.00
! 6 Warning Signs
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What is Adventure SpA EBIT?

Adventure SpA MIL:ADV 15 EBIT is €0.34 Mil as of Dec. 2025. GuruFocus rates MIL:ADV with a GF Score™ of 15/100. The stock has 6 warning signs investors should review.

Adventure SpA's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2025 was €-0.11 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2025 was €0.34 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Adventure SpA's annualized ROC % for the quarter that ended in Dec. 2025 was -1.15%. Adventure SpA's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was -5.76%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Adventure SpA's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 0.35%.

Adventure SpA  (MIL:ADV) EBIT Explanation

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

Adventure SpA'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 )
=-0.352 * ( 1 - 41.3% )/( (16.085 + 20.006)/ 2 )
=-0.206624/18.0455
=-1.15 %

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))
=21.588 - 3.85 - ( 2.531 - max(0, 8.712 - 10.365+2.531))
=16.085

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))
=24.57 - 2.845 - ( 1.719 - max(0, 7.213 - 12.81+1.719))
=20.006

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:

Adventure SpA'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 )
=-0.212/( ( (1.591 + max(0.433, 0)) + (1.454 + max(3.878, 0)) )/ 2 )
=-0.212/( ( 2.024 + 5.332 )/ 2 )
=-0.212/3.678
=-5.76 %

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)
=(2.284 + 0 + 1.997) - (3.85 + 0 + -0.0020000000000007)
=0.433

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(7.862 + 0 + 3.229) - (2.845 + 0 + 4.368)
=3.878

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:

Adventure SpA's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2025 )
=0.335/94.657
=0.35 %

* 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.

Adventure SpA EBIT Related Terms

Adventure SpA EBIT Historical Data

* Premium members only.

The historical data trend for Adventure SpA'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.

Adventure SpA EBIT Chart

Adventure SpA Annual Data
Trend Dec22 Dec23 Dec24 Dec25
EBIT
0.33 1.26 0.35 0.34

Adventure SpA Semi-Annual Data
Dec22 Dec23 Jun24 Dec24 Jun25 Dec25
EBIT Get a 7-Day Free Trial 0.00 0.75 -0.40 0.44 -0.11

MIL:ADV vs UBER, SHOP, CRM: EBIT Comparison

For the Software - Application subindustry, Adventure SpA'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.

Adventure SpA EV-to-EBIT vs Software Industry

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

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


MIL:ADV
15GF Score
Adventure SpA MIL:ADV
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Adventure SpA 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 €0.34 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 €0.34 Mil mean?
Adventure SpA (MIL:ADV) has a EBIT of €0.34 Mil as of Dec. 2025. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Adventure SpA.
Is Adventure SpA's EBIT too high?
Adventure SpA's current EBIT is €0.34 Mil. Overall, Adventure SpA has a GF Score™ of 15/100, reflecting its overall financial health beyond just this single metric.
How does Adventure SpA's EBIT compare to UBER and SHOP?
Adventure SpA's EBIT of €0.34 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 Adventure SpA. Adventure SpA's current EBIT is €0.34 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Adventure SpA stock overvalued right now?
Adventure SpA (MIL:ADV) has a current EBIT of €0.34 Mil. The current EBIT is €0.34 Mil. Adventure SpA's overall GF Score™ is 15/100 with 6 warning signs to review. 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 Adventure SpA (MIL:ADV), the current EBIT is €0.34 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.

Adventure SpA Business Description

Address Via Bertola 2, Torino, ITA, IT-10121
Adventure SpA operates as an online rate comparison platform. The company is engaged in providing carious services that includes lead generation solutions, Advertising solutions, Web development solutions, operational efficiency improvement, and others. The core business of the company is through the portal ameconviene.it a website dedicated to providing consumers with in-depth and up-to-date services and information on tracking the value for its finances, with a focus on home savings, investments, and smart financial choices.
15GF Score

Get the complete analysis for MIL:ADV

EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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