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I-Tech AB (OSTO:ITECH) EBIT : kr48.0 Mil (TTM As of Dec. 2024)


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What is I-Tech AB EBIT?

I-Tech AB's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2024 was kr18.1 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2024 was kr48.0 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. I-Tech AB's annualized ROC % for the quarter that ended in Dec. 2024 was 74.59%. I-Tech AB's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was 258.85%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. I-Tech AB's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was 5.01%.


I-Tech AB EBIT Historical Data

The historical data trend for I-Tech 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.

I-Tech AB EBIT Chart

I-Tech AB Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
EBIT
Get a 7-Day Free Trial Premium Member Only -5.75 -3.18 13.44 26.54 49.21

I-Tech AB Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 0.55 9.12 11.01 9.85 18.05

Competitive Comparison of I-Tech AB's EBIT

For the Specialty Chemicals subindustry, I-Tech 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.


I-Tech AB's EV-to-EBIT Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, I-Tech AB's EV-to-EBIT distribution charts can be found below:

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


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I-Tech 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 Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was kr48.0 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.


I-Tech AB  (OSTO:ITECH) EBIT Explanation

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

I-Tech AB's annualized ROC % for the quarter that ended in Dec. 2024 is calculated as:

ROC % (Q: Dec. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2024 ) + Invested Capital (Q: Dec. 2024 ))/ count )
=67.052 * ( 1 - 20.78% )/( (69.476 + 72.95)/ 2 )
=53.1185944/71.213
=74.59 %

where

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

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

I-Tech AB's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2024  Q: Dec. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=72.2/( ( (2.298 + max(18.994, 0)) + (2.394 + max(32.099, 0)) )/ 2 )
=72.2/( ( 21.292 + 34.493 )/ 2 )
=72.2/27.8925
=258.85 %

where Working Capital is:

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(33.965 + 5.68 + 0) - (0 + 0 + 20.651)
=18.994

Working Capital(Q: Dec. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(43.758 + 4.067 + 0) - (0 + 0 + 15.726)
=32.099

When net working capital is negative, 0 is used.

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

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2024 )
=48.023/958.728
=5.01 %

* 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.


I-Tech AB EBIT Related Terms

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I-Tech AB Business Description

Traded in Other Exchanges
N/A
Address
Forandringens gata 10, Molndal, SWE, SE- 431 53
I-Tech AB is a biotechnology company. The company owns all IP and regulatory rights to the antifouling agent Selektope. Its business is to commercialize patented active substances to reduce marine fouling on hulls, gears, and other submerged structures.

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