GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Nixxy Inc (NAS:NIXX) » Definitions » EBIT

Nixxy (NIXX) EBIT : $-15.99 Mil (TTM As of Sep. 2024)


View and export this data going back to 1994. Start your Free Trial

What is Nixxy EBIT?

Nixxy's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2024 was $-13.21 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was $-15.99 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Nixxy's annualized ROC % for the quarter that ended in Sep. 2024 was -179.50%. Nixxy's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was -293,444.44%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Nixxy's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was -65.16%.


Nixxy EBIT Historical Data

The historical data trend for Nixxy'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.

Nixxy EBIT Chart

Nixxy Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -9.50 -15.02 -13.20 -16.63 -5.58

Nixxy Quarterly Data
Dec19 Mar20 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 Premium Member Only -0.68 -1.51 -0.41 -0.86 -13.21

Competitive Comparison of Nixxy's EBIT

For the Staffing & Employment Services subindustry, Nixxy'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.


Nixxy's EV-to-EBIT Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Nixxy's EV-to-EBIT distribution charts can be found below:

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



Nixxy 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 $-15.99 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.


Nixxy  (NAS:NIXX) EBIT Explanation

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

Nixxy'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 )
=-21.972 * ( 1 - 0% )/( (13.628 + 10.853)/ 2 )
=-21.972/12.2405
=-179.50 %

where

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

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

Nixxy'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 )
=-52.82/( ( (0.021 + max(-3.162, 0)) + (0.015 + max(-3.026, 0)) )/ 2 )
=-52.82/( ( 0.021 + 0.015 )/ 2 )
=-52.82/0.018
=-293,444.44 %

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)
=(0.041 + 0 + 0.272) - (2.494 + 0.116 + 0.865)
=-3.162

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.039 + 0 + 0.153) - (2.261 + 0.105 + 0.852)
=-3.026

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2024 )
=-15.987/24.535
=-65.16 %

* 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.


Nixxy EBIT Related Terms

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


Nixxy Business Description

Traded in Other Exchanges
N/A
Address
100 Waugh Drive, Suite 300, Houston, TX, USA, 77007
Nixxy Inc formerly Recruiter.Com Group Inc is a hiring platform for the network of recruiters. It empowers businesses to recruit specialized talent faster with virtual teams of recruiters and AI job-matching technology. The Recruiter.com network of over 28,000 small and independent recruiters utilize a web platform, complete with AI-driven job matching, to recruit talent faster. Its Recruiters On Demand provides businesses of all sizes access to virtual recruiters specialized by vertical industries to source, engage, and hire talent on an as-needed basis.
Executives
Douglas Roth director 54 W 40TH STREET, NEW YORK NY 10018
Miles L Jennings director, officer: CEO 4 OAKLAND STREET, BRISTOL CT 06010
Evan Sohn director, officer: Executive Chairman 344 GROVE STREET #2 #4018, JERSEY CITY NJ 07302
Josh Mcbride officer: SVP, AI Solutions 500 SEVENTH AVENUE, NEW YORK NY 10018
Xuan Smith officer: Chief Technology Officer 500 SEVENTH AVENUE, NEW YORK NY 10018
Wallace D Ruiz director
Judy Krandel officer: Chief Financial Officer 320 W. 37TH STREET, 13TH FLOOR, NEW YORK NY 10018
Robert H Heath director 1 MARKET STREET, STEUART TOWER, SUITE 800, SAN FRANCISCO CA 94105
Stephen Pemberton director 801 W. ADAMS STREET SUITE 600, CHICAGO IL 60607
Deborah Leff director 500 SEVENTH AVENUE, NEW YORK NY 10018
Robert Scherne officer: Interim CFO and Controller 27 ARBOR ROAD, SYOSSET NY 11791
Ricky Don Roberts officer: See Remarks 344 GROVE STREET #2 #4018, JERSEY CITY NJ 07302
Ashley Saddul 10 percent owner, officer: Chief Technology Officer 344 GROVE STREET #2 #4018, JERSEY CITY NJ 07302
Tim O'rourke director 344 GROVE STREET #2 #4018, JERSEY CITY NJ 07302
Elliot M Maza 10 percent owner, officer: CEO and CFO C/O IMMUNE PHARMACEUTICALS INC., ONE BROADWAY, 14TH FLOOR, CAMBRIDGE MA 02142