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ML (MoneyLion) EBIT : $29.9 Mil (TTM As of Sep. 2024)


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What is MoneyLion EBIT?

MoneyLion's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2024 was $7.0 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was $29.9 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. MoneyLion's annualized ROC % for the quarter that ended in Sep. 2024 was -42.51%. MoneyLion's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 186.87%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. MoneyLion's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 2.91%.


MoneyLion EBIT Historical Data

The historical data trend for MoneyLion'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.

MoneyLion EBIT Chart

MoneyLion Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
-75.84 -38.63 -162.18 -184.90 -17.66

MoneyLion Quarterly Data
Dec19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.38 1.35 13.50 8.03 7.02

Competitive Comparison of MoneyLion's EBIT

For the Software - Application subindustry, MoneyLion'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.


MoneyLion's EV-to-EBIT Distribution in the Software Industry

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

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



MoneyLion 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 quarterly data reported by the company within the most recent 12 months, which was $29.9 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.


MoneyLion  (NYSE:ML) EBIT Explanation

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

MoneyLion'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: Jun. 2024 ) + Invested Capital (Q: Sep. 2024 ))/ count )
=30.052 * ( 1 - 640.04% )/( (398.398 + 365.243)/ 2 )
=-162.2928208/381.8205
=-42.51 %

where

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))
=530.716 - 53.529 - ( 111.944 - max(0, 53.529 - 347.434+111.944))
=365.243

Note: The Operating Income data used here is four times the quarterly (Sep. 2024) data.

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

MoneyLion'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: Jun. 2024  Q: Sep. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=28.084/( ( (15.482 + max(-15.949, 0)) + (14.576 + max(-15.573, 0)) )/ 2 )
=28.084/( ( 15.482 + 14.576 )/ 2 )
=28.084/15.029
=186.87 %

where Working Capital is:

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(23.045 + 0 + 9.99) - (48.984 + 0 + 0)
=-15.949

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(24.279 + 0 + 13.677) - (53.529 + 0 + 0)
=-15.573

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Sep. 2024) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2024 )
=29.9/1026.946
=2.91 %

* 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.


MoneyLion EBIT Related Terms

Thank you for viewing the detailed overview of MoneyLion's EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.


MoneyLion Business Description

Traded in Other Exchanges
N/A
Address
30 West 21st Street, 9th Floor, New York, NY, USA, 10010
MoneyLion Inc is a mobile banking and financial membership platform that empowers people to take control of their finances. It is a full-service digital platform to deliver mobile banking, lending, and investment solutions. The company offers a personalized, all-in-one, digital financial platform that provides convenient, low-cost access to banking, borrowing, and investing solutions tailored for its customers, rooted in data, and delivered through its proprietary technology platform.
Executives
Richard Correia officer: Chief Financial Officer 30 WEST 21ST STREET, 9TH FLOOR, NEW YORK NY 10010
Diwakar Choubey director, officer: President, CEO and Director 30 WEST 21ST STREET, 9TH FLOOR, NEW YORK NY 10010
Adam Vanwagner officer: General Counsel 30 WEST 21ST STREET, 9TH FLOOR, NEW YORK NY 10010
Mark Torossian officer: Chief Accounting Officer 1400 BROADWAY, 25TH FLOOR, NEW YORK NY 10018
Timmie Hong officer: Chief Product Officer 30 WEST 21ST STREET, 9TH FLOOR, NEW YORK NY 10010
John C Chrystal director C/O BANCORP, INC., 409 SILVERSIDE ROAD, SUITE 105, WILMINGTON DE 19809
Jeff Gary director, officer: Chief Financial Officer 390 PARK AVENUE, 15TH FLOOR, NEW YORK NY 10022
Matthew Derella director C/O TWITTER, INC., 1355 MARKET STREET, SUITE 900, SAN FRANCISCO CA 94103
Gregory Depetris director 30 WEST 21ST STREET, 9TH FLOOR, NEW YORK NY 10010
Michael Paull director 30 WEST 21ST STREET, 9TH FLOOR, NEW YORK NY 10010
Rohit Dsouza 10 percent owner C/O MONEYLION INC., 30 WEST 21ST STREET, 9TH FLOOR, NEW YORK NY 10010
Chee Mun Foong officer: Chief Technology Officer 30 WEST 21ST STREET, 9TH FLOOR, NEW YORK NY 10010
Greenspring Global Partners Viii-c, L.p. 10 percent owner 100 PAINTERS MILL ROAD, SUITE 700, OWINGS MILLS MD 21117
Greenspring Global Partners Viii-a, L.p 10 percent owner 100 PAINTERS MILL ROAD, SUITE 700, OWINGS MILLS MD 21117
Rds Moneylion Holdings I, Llc 10 percent owner C/O MONEYLION INC., 30 WEST 21ST STREET, 9TH FLOOR, NEW YORK NY 10010