MVNC (Marvion) EBIT : $-27.89 Mil (TTM As of Sep. 2024)

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What is Marvion EBIT?

Marvion's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2024 was $-0.38 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was $-27.89 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Marvion's annualized ROC % for the quarter that ended in Sep. 2024 was -32.79%. Marvion's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was -90.84%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Marvion's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was -230.34%.

Marvion EBIT Historical Data

The historical data trend for Marvion'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.

Marvion EBIT Chart

Marvion Annual Data

Trend

Jun08

Jun09

Jun10

Jun11

Jun12

Jun13

Dec20

Dec21

Dec22

Dec23

EBIT

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-0.95

-2.11

-10.03

-25.29

Marvion Quarterly Data
	Mar13	Jun13	Sep13	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
EBIT	Get a 7-Day Free Trial															0.07	-25.37	-0.43	-1.71	-0.38

Competitive Comparison of Marvion's EBIT

For the Entertainment subindustry, Marvion'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.

Marvion's EV-to-EBIT Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Marvion's EV-to-EBIT distribution charts can be found below:

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

Marvion 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 $-27.89 Mil.

Marvion (OTCPK:MVNC) EBIT Explanation

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

Marvion'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 )
=	-1.508 * ( 1 - -0.8% )	/	( (0.185	+	9.086)	/ 2 )
=	-1.520064	/	4.6355
=	-32.79 %

where

	Invested Capital		(Q: Jun. 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	))
=	8.89	-	21.038	-	( 0.394	-	max(0, 21.208	-	8.875	+	0.394	))
=	0.185

	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	))
=	3.708	-	2.857	-	( 0.16	-	max(0, 8.623	-	0.388	+	0.16	))
=	9.086

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

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

Marvion'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 )
=	-1.508	/	( ( (0 + max(-12.557, 0))	+	(3.32 + max(-2.629, 0)) )	/	2 )
=	-1.508	/	( ( 0	+	3.32 )	/	2 )
=	-1.508	/	1.66
=	-90.84 %

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)
=	(0	+	7.771	+	0.71)	-	(21.038	+	0	+	-3.5527136788005E-15)
=	-12.557

	Working Capital		(Q: Sep. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0.211	+	0	+	0.017)	-	(2.857	+	0	+	-1.7763568394003E-15)
=	-2.629

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:

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

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Sep. 2024 )
	=	-27.889	/	12.108
	=	-230.34 %

Marvion EBIT Related Terms

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Marvion Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Marvion Inc (OTCPK:MVNC) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

3 Temasek Avenue, 21st Floor, Centennial Tower, Singapore, SGP, 039190

Website

https://www.marvion.media

Marvion Inc engaged in the media distribution business. It provides authentication, valuation and certification service, sale and purchase, hire purchase, financing, custody, security and exhibition services to buyers of movie and music media through traditional channels as well as through leveraging blockchain technology through the creation of Digital Ownership Tokens (DOT). The company operates in two business segments; Media & Entertainment Segment, which mainly operates an online platform to sell and distribute the licensed IP right and media products to end-users; and Business Consulting Segment, which mainly provides financing, business development solutions and related professional services to the customers. The majority of the revenue earned from Media & Entertainment Segment.