Nowonomics AB (NGM:NOWO.TO2) EBIT : kr-34.55 Mil (TTM As of Sep. 2023)

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What is Nowonomics AB EBIT?

Nowonomics AB's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2023 was kr-7.00 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2023 was kr-34.55 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Nowonomics AB's annualized ROC % for the quarter that ended in Sep. 2023 was -67.81%. Nowonomics AB's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was -49,978.57%.

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

Nowonomics AB EBIT Historical Data

The historical data trend for Nowonomics AB'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.

Nowonomics AB EBIT Chart

Nowonomics AB Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

EBIT

-18.16

-14.51

-20.41

-29.73

Nowonomics AB Quarterly Data
	Dec19	Jun20	Dec20	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
EBIT	Get a 7-Day Free Trial								-3.56	-9.69	-8.93	-8.94	-7.00

Competitive Comparison of Nowonomics AB's EBIT

For the Software - Application subindustry, Nowonomics AB'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.

Nowonomics AB's EV-to-EBIT Distribution in the Software Industry

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

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

Nowonomics AB 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. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was kr-34.55 Mil.

Nowonomics AB (NGM:NOWO.TO2) EBIT Explanation

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

Nowonomics AB's annualized ROC % for the quarter that ended in Sep. 2023 is calculated as:

	ROC % (Q: Sep. 2023 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Jun. 2023 )	+	Invested Capital (Q: Sep. 2023 ))	/ count )
=	-27.988 * ( 1 - 0% )	/	( (37.046	+	45.507)	/ 2 )
=	-27.988	/	41.2765
=	-67.81 %

where

	Invested Capital		(Q: Jun. 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	))
=	29.423	-	0.888	-	( 5.288	-	max(0, 17.215	-	8.704	+	5.288	))
=	37.046

	Invested Capital		(Q: Sep. 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	))
=	30.85	-	1.511	-	( 7.872	-	max(0, 27.048	-	10.88	+	7.872	))
=	45.507

Note: The Operating Income data used here is four times the quarterly (Sep. 2023) data.

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

Nowonomics AB's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2023 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Sep. 2023 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Jun. 2023		Q: Sep. 2023
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-27.988	/	( ( (0.056 + max(-7.053, 0))	+	(0.056 + max(-11.883, 0)) )	/	2 )
=	-27.988	/	( ( 0.056	+	0.056 )	/	2 )
=	-27.988	/	0.056
=	-49,978.57 %

where Working Capital is:

	Working Capital		(Q: Jun. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0.049	+	0	+	0.113)	-	(0.888	+	0	+	6.327)
=	-7.053

	Working Capital		(Q: Sep. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0.033	+	0	+	0.132)	-	(1.511	+	0	+	10.537)
=	-11.883

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Sep. 2023) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Sep. 2023 )
	=	-34.553	/	0.000
	=	%

Nowonomics AB EBIT Related Terms

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Nowonomics AB (NGM:NOWO.TO2) Business Description

Industry

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NOWO:Sweden

Address

Artillerigatan 42, Stockholm, SWE, 114 45

Website

https://www.nowo.se

Nowonomics AB is a savings platform whose purpose is to help you as a user to get a better personal finances. It aims to promote savings before retirement and therefore develops its own tools and solutions together with partners to simplify, educate and help members to have a better financial situation.

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