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Vonage Holdings (Vonage Holdings) EBIT : $-19 Mil (TTM As of Mar. 2022)


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What is Vonage Holdings EBIT?

Vonage Holdings's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2022 was $-18 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2022 was $-19 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Vonage Holdings's annualized ROC % for the quarter that ended in Mar. 2022 was -4.62%. Vonage Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2022 was -135.11%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Vonage Holdings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2022 was -0.33%.


Vonage Holdings EBIT Historical Data

The historical data trend for Vonage Holdings'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.

Vonage Holdings EBIT Chart

Vonage Holdings Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 60.66 51.59 6.71 0.17 8.29

Vonage Holdings Quarterly Data
Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22
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 Premium Member Only 9.10 7.87 9.35 -18.04 -18.34

Competitive Comparison of Vonage Holdings's EBIT

For the Telecom Services subindustry, Vonage Holdings'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.


Vonage Holdings's EV-to-EBIT Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Vonage Holdings's EV-to-EBIT distribution charts can be found below:

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



Vonage Holdings 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 Mar. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $-19 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.


Vonage Holdings  (NAS:VG) EBIT Explanation

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

Vonage Holdings's annualized ROC % for the quarter that ended in Mar. 2022 is calculated as:

ROC % (Q: Mar. 2022 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2021 ) + Invested Capital (Q: Mar. 2022 ))/ count )
=-75.384 * ( 1 - 22.13% )/( (1282.817 + 1259.74)/ 2 )
=-58.7015208/1271.2785
=-4.62 %

where

Invested Capital(Q: Dec. 2021 )
=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))
=1388.144 - 176.324 - ( 18.342 - max(0, 298.31 - 227.313+18.342))
=1282.817

Invested Capital(Q: Mar. 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))
=1382.456 - 196.493 - ( 15.719 - max(0, 296.99 - 223.213+15.719))
=1259.74

Note: The Operating Income data used here is four times the quarterly (Mar. 2022) data.

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

Vonage Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2022 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2022 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2021  Q: Mar. 2022
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-73.34/( ( (56.189 + max(-78.946, 0)) + (52.376 + max(-78.515, 0)) )/ 2 )
=-73.34/( ( 56.189 + 52.376 )/ 2 )
=-73.34/54.2825
=-135.11 %

where Working Capital is:

Working Capital(Q: Dec. 2021 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(147.622 + 0 + 61.349) - (176.324 + 65.881 + 45.712)
=-78.946

Working Capital(Q: Mar. 2022 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(145.895 + 0 + 61.599) - (196.493 + 57.166 + 32.35)
=-78.515

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2022) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2022 )
=-19.152/5886.087
=-0.33 %

* 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.


Vonage Holdings EBIT Related Terms

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Vonage Holdings (Vonage Holdings) Business Description

Traded in Other Exchanges
N/A
Address
23 Main Street, Holmdel, NJ, USA, 07733
Vonage Holdings Corp is a North American technology company that provides cloud communication services to businesses and consumers. For businesses, the company provides unified communications (as a service), which consists of integrated voice, text, video, data, and mobile applications over Voice over Internet Protocol network. Its reportable operating segments include Vonage Communications Platform and Consumer. For consumer service customers, there is a home telephone replacement service. This can include services such as voicemail, call waiting, and call forwarding. This service is delivered over the Internet. The company generates most of its revenue within the United States.
Executives
Vinod Lala officer: SVP Corporate Development 23 MAIN STREET C/O VONAGE HOLDINGS CORP. HOLMDEL NJ 07733
Randy K. Rutherford officer: Interim Chief Legal Officer C/O VONAGE HOLDINGS CORP. 23 MAIN STREET HOLMDEL NJ 07733
Rory P Read director, officer: Chief Executive Officer ONE DELL WAY, ROUND ROCK TX 78682
Joy Corso officer: Chief Marketing Officer C/O VONAGE HOLDINGS CORP. 23 MAIN STREET HOLMDEL NJ 07733
Jeffrey A Citron director, 10 percent owner, officer: Chairman and Chief Strategist VONAGE HOLDING CORP. 23 MAIN STREET HOLMDEL NJ 07733
Ward Jr Stephen M director C/O CARPENTER TECHNOLOGY CORP, PO BOX 14662, READING PA 19612
Omar Muhammad Javaid officer: Chief Product Officer C/O VONAGE HOLDINGS CORP.,23 MAIN STREET HOLMDEL NJ 07733
Savinay M Berry officer: EVP, Product & Engineering C/O VONAGE HOLDINGS CORP. 23 MAIN STREET HOLMDEL NJ 07733
Stephen L Lasher officer: Chief Financial Officer C/O VONAGE HOLDINGS CORP. 23 MAIN STREET HOLMDEL NJ 07733
Joseph Anthony Bellissimo officer: Chief Operating Officer C/O VONAGE HOLDINGS CORP. 23 MAIN STREET HOLMDEL NJ 07733
Timothy S Shaughnessy officer: Chief Financial Officer IBM CORPORATION, NEW ORCHARD ROAD, ARMONK NY 10504
David T. Pearson officer: CFO & Treasurer C/O VONAGE HOLDINGS CORP, 23 MAIN STREET, HOLMDEL NJ 07733
Vonage Holdings Corp officer: Chief Marketing Officer 101 CRAWFORDS CORNER ROAD SUITE 2416, 4TH FLOOR, BUILDING 2 HOLMDEL NJ 07733
Sagi Dudai officer: SVP Software Engineering 23 MAIN STREET C/O VONAGE HOLDINGS CORP. HOLMDEL NJ 07733
Tien Tzuo director C/O ZUORA, INC., 101 REDWOOD SHORES PARKWAY, REDWOOD CITY CA 94065

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