Adventure SpA (MIL:ADV) EBIT : € Mil (TTM As of Dec. 2023)

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What is Adventure SpA EBIT?

Adventure SpA's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2023 was €0.00 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. 2023 was 0.00%. Adventure SpA's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 0.00%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield.

Adventure SpA EBIT Historical Data

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.

* Premium members only.

Adventure SpA EBIT Chart

Adventure SpA Annual Data

Trend

Dec22

Dec23

EBIT

0.33

1.25

Adventure SpA Semi-Annual Data
	Dec22	Dec23	Jun24
EBIT	-	-	0.75

Competitive Comparison of Adventure SpA's EBIT

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's EV-to-EBIT Distribution in the 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.

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. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was € Mil.

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. 2023 is calculated as:

	ROC % (Q: Dec. 2023 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Dec. 2022 )	+	Invested Capital (Q: Dec. 2023 ))	/ count )
=	0 * ( 1 - 0% )	/	( (1.27	+	2.432)	/ 2 )
=	0	/	1.851
=	0.00 %

where

	Invested Capital		(Q: Dec. 2022 )
=	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	))
=	2.237	-	1.06	-	( 0.504	-	max(0, 1.551	-	1.458	+	0.504	))
=	1.27

	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	))
=	5.34	-	1.794	-	( 1.882	-	max(0, 2.947	-	4.061	+	1.882	))
=	2.432

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:

Adventure SpA'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: Dec. 2022		Q: Dec. 2023
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	0	/	( ( (0.267 + max(-0.149, 0))	+	(0.457 + max(0.276, 0)) )	/	2 )
=	0	/	( ( 0.267	+	0.733 )	/	2 )
=	0	/	0.5
=	0.00 %

where Working Capital is:

	Working Capital		(Q: Dec. 2022 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0.761	+	0	+	0.173)	-	(1.06	+	0	+	0.023)
=	-0.149

	Working Capital		(Q: Dec. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(1.85	+	0	+	0.283)	-	(1.794	+	0	+	0.063)
=	0.276

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:

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

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Dec. 2023 )
	=		/	144.800
	=	%

Adventure SpA EBIT Related Terms

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Adventure SpA Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Adventure SpA (MIL:ADV) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

Via Bertola 2, Torino, ITA, IT-10121

Website

https://www.adventurespa.it

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.