GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Airobot Technologies AS (OTSE:AIR) » Definitions » EBIT

Airobot Technologies AS (OTSE:AIR) EBIT : €0.06 Mil (TTM As of Dec. 2023)


View and export this data going back to 2022. Start your Free Trial

What is Airobot Technologies AS EBIT?

Airobot Technologies AS's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2023 was €0.25 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was €0.06 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Airobot Technologies AS's annualized ROC % for the quarter that ended in Dec. 2023 was 111.89%. Airobot Technologies AS's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 498.99%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Airobot Technologies AS's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 0.93%.

Airobot Technologies AS EBIT Historical Data

The historical data trend for Airobot Technologies 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.

Airobot Technologies AS EBIT Chart

Airobot Technologies AS Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
0.01 0.01 -0.09 -0.38 0.06

Airobot Technologies AS Semi-Annual Data
Dec19 Dec20 Dec21 Jun22 Dec22 Jun23 Dec23
EBIT Get a 7-Day Free Trial - -0.23 -0.15 -0.19 0.25

Competitive Comparison of Airobot Technologies AS's EBIT

For the Consumer Electronics subindustry, Airobot Technologies 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.

Airobot Technologies AS's EV-to-EBIT Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Airobot Technologies AS's EV-to-EBIT distribution charts can be found below:

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


Airobot Technologies 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 Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was €0.06 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.

Airobot Technologies AS  (OTSE:AIR) EBIT Explanation

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

Airobot Technologies AS's annualized ROC % for the quarter that ended in Dec. 2023 is calculated as:

ROC % (Q: Dec. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2023 ) + Invested Capital (Q: Dec. 2023 ))/ count )
=0.494 * ( 1 - 0% )/( (0.5 + 0.383)/ 2 )
=0.494/0.4415
=111.89 %

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))
=0.745 - 0.207 - ( 0.263 - max(0, 0.542 - 0.58+0.263))
=0.5

Invested Capital(Q: Dec. 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))
=0.776 - 0.192 - ( 0.318 - max(0, 0.329 - 0.53+0.318))
=0.383

Note: The Operating Income data used here is two times the semi-annual (Dec. 2023) data.

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

Airobot Technologies AS's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2023  Q: Dec. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=0.494/( ( (0.099 + max(-0.088, 0)) + (0.099 + max(-0.017, 0)) )/ 2 )
=0.494/( ( 0.099 + 0.099 )/ 2 )
=0.494/0.099
=498.99 %

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)
=(0.017 + 0.293 + 0.007) - (0.207 + 0 + 0.198)
=-0.088

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0.175 + 0) - (0.192 + 0 + 0)
=-0.017

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Dec. 2023) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=0.059/6.348
=0.93 %

* 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.

Airobot Technologies AS EBIT Related Terms

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

Airobot Technologies AS (OTSE:AIR) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Airobot Technologies AS (OTSE:AIR) » Definitions » EBIT
Comparable Companies
SZSE:301120 SHSE:688539 SHSE:688138 SZSE:002897 SZSE:002222 SHSE:688001 SZSE:300684 SZSE:301282 SZSE:002112 SZSE:002952 AAPL XKRX:005930 TSE:6758 HKSE:01810 TSE:6752 XKRX:066570 XKRX:003550 SZSE:002241 SHSE:603296 SZSE:300866
Traded in Other Exchanges
N/A
Address
Suur-sojamae 37a, Rae Vald, EST, 75322
Website
https://www.airobothome.com
Airobot Technologies AS is an indoor climate technology and production company, which is characterized by strong software and air analysis. The company's main product is innovative ventilation equipment with a demand-based control algorithm, which has been developed in cooperation with researchers from the University of Tartu and TalTech.