Huddlestock Fintech AS (OSL:HUDL) EBIT : kr-93.94 Mil (TTM As of Jun. 2024)

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What is Huddlestock Fintech AS EBIT?

Huddlestock Fintech AS's earnings before interest and taxes (EBIT) for the three months ended in Jun. 2024 was kr-17.71 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2024 was kr-93.94 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Huddlestock Fintech AS's annualized ROC % for the quarter that ended in Jun. 2024 was -22.89%. Huddlestock Fintech AS's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was -38,404.34%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Huddlestock Fintech AS's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was -67.98%.

Huddlestock Fintech AS EBIT Historical Data

The historical data trend for Huddlestock Fintech AS'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.

Huddlestock Fintech AS EBIT Chart

Huddlestock Fintech AS Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

EBIT

-8.66

-12.39

-18.26

-32.71

-84.43

Huddlestock Fintech AS Quarterly Data
	Jun19	Dec19	Jun20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
EBIT	Get a 7-Day Free Trial													-9.63	-20.72	-39.74	-15.77	-17.71

Competitive Comparison of Huddlestock Fintech AS's EBIT

For the Software - Application subindustry, Huddlestock Fintech AS'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.

Huddlestock Fintech AS's EV-to-EBIT Distribution in the Software Industry

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

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

Huddlestock Fintech AS 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 Jun. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was kr-93.94 Mil.

Huddlestock Fintech AS (OSL:HUDL) EBIT Explanation

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

Huddlestock Fintech AS's annualized ROC % for the quarter that ended in Jun. 2024 is calculated as:

	ROC % (Q: Jun. 2024 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Mar. 2024 )	+	Invested Capital (Q: Jun. 2024 ))	/ count )
=	-71.176 * ( 1 - -1.23% )	/	( (320.288	+	309.181)	/ 2 )
=	-72.0514648	/	314.7345
=	-22.89 %

where

	Invested Capital		(Q: Mar. 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	))
=	253.051	-	11.165	-	( 9.897	-	max(0, 105.556	-	27.154	+	9.897	))
=	320.288

	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	))
=	240.621	-	12.322	-	( 9.852	-	max(0, 105.192	-	24.31	+	9.852	))
=	309.181

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

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

Huddlestock Fintech AS's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Jun. 2024 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Mar. 2024		Q: Jun. 2024
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-70.856	/	( ( (0.19 + max(-61.961, 0))	+	(0.179 + max(-63.596, 0)) )	/	2 )
=	-70.856	/	( ( 0.19	+	0.179 )	/	2 )
=	-70.856	/	0.1845
=	-38,404.34 %

where Working Capital is:

	Working Capital		(Q: Mar. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(14.709	+	0	+	0.0010000000000012)	-	(11.165	+	0	+	65.506)
=	-61.961

	Working Capital		(Q: Jun. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(13.128	+	0	+	-0.0010000000000012)	-	(12.322	+	0	+	64.401)
=	-63.596

When net working capital is negative, 0 is used.

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

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

Huddlestock Fintech AS's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Jun. 2024 )
	=	-93.937	/	138.174
	=	-67.98 %

Huddlestock Fintech AS EBIT Related Terms

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Huddlestock Fintech AS Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Huddlestock Fintech AS (OSL:HUDL) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

9JR:Germany

Address

Kanalsletta 2, Stavanger, NOR, 4033

Website

https://www.huddlestock.com

Huddlestock Fintech AS is a wealth and asset management technology company. The company develops software as a service solution for digitizing work processes for custody banks, asset managers, and retail trading venues. The data-centric platform offers customers a differentiated real-time product that reduces cost and increases efficiency. Its Fintech technology enables end-to-end digital services such as onboarding, client communication, reporting, order execution, and portfolio management, all executed on the same platform.

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