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Goobit Group AB (OSTO:BTCX) EBIT : kr-13.04 Mil (TTM As of Jul. 2023)


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What is Goobit Group AB EBIT?

Goobit Group AB's earnings before interest and taxes (EBIT) for the three months ended in Jul. 2023 was kr-3.07 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jul. 2023 was kr-13.04 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Goobit Group AB's annualized ROC % for the quarter that ended in Jul. 2023 was -53.49%. Goobit Group AB's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jul. 2023 was -8,308.11%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Goobit Group AB's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jul. 2023 was -34.21%.


Goobit Group AB EBIT Historical Data

The historical data trend for Goobit Group 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.

Goobit Group AB EBIT Chart

Goobit Group AB Annual Data
Trend Apr19 Apr20 Apr21 Apr22 Apr23
EBIT
-7.03 -7.52 11.45 -17.48 -15.68

Goobit Group AB Quarterly Data
Apr19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23
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 -5.72 -2.12 -4.02 -3.82 -3.07

Competitive Comparison of Goobit Group AB's EBIT

For the Financial Data & Stock Exchanges subindustry, Goobit Group 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.


Goobit Group AB's EV-to-EBIT Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Goobit Group AB's EV-to-EBIT distribution charts can be found below:

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



Goobit Group 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 Jul. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was kr-13.04 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.


Goobit Group AB  (OSTO:BTCX) EBIT Explanation

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

Goobit Group AB's annualized ROC % for the quarter that ended in Jul. 2023 is calculated as:

ROC % (Q: Jul. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Apr. 2023 ) + Invested Capital (Q: Jul. 2023 ))/ count )
=-12.296 * ( 1 - 0% )/( (22.392 + 23.586)/ 2 )
=-12.296/22.989
=-53.49 %

where

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

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

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

ROC (Joel Greenblatt) %(Q: Jul. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Apr. 2023  Q: Jul. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-12.296/( ( (0.113 + max(-8.169, 0)) + (0.183 + max(-10.069, 0)) )/ 2 )
=-12.296/( ( 0.113 + 0.183 )/ 2 )
=-12.296/0.148
=-8,308.11 %

where Working Capital is:

Working Capital(Q: Apr. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0.282 + 0.065) - (0.827 + 0 + 7.689)
=-8.169

Working Capital(Q: Jul. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0.183 + -8.8817841970013E-16) - (0.373 + 0 + 9.879)
=-10.069

When net working capital is negative, 0 is used.

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

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jul. 2023 )
=-13.041/38.116
=-34.21 %

* 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.


Goobit Group AB EBIT Related Terms

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Goobit Group AB (OSTO:BTCX) Business Description

Traded in Other Exchanges
Address
Stora Nygatan 28, Stockholm, SWE, 111 27
Goobit Group AB is a crypto exchange company. It offers exchange services of Swedish kronor and euros to the digital currencies bitcoin and ether, and has so far exchanged over SEK 1.7 billion. The company's brands are BTCX Express and Standard BTCX.

Goobit Group AB (OSTO:BTCX) Headlines

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