INVL Technology UTIB (OVSE:INC1L) EBIT : €6.25 Mil (TTM As of Jun. 2024)

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What is INVL Technology UTIB EBIT?

INVL Technology UTIB's earnings before interest and taxes (EBIT) for the six months ended in Jun. 2024 was €0.64 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2024 was €6.25 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. INVL Technology UTIB's annualized ROC % for the quarter that ended in Jun. 2024 was 2.64%. INVL Technology UTIB's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 2,673.68%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. INVL Technology UTIB's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 15.54%.

INVL Technology UTIB EBIT Historical Data

The historical data trend for INVL Technology UTIB'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.

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INVL Technology UTIB EBIT Chart

INVL Technology UTIB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

EBIT

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0.93

4.77

2.62

2.12

5.17

INVL Technology UTIB Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
EBIT	Get a 7-Day Free Trial															1.28	0.84	-0.44	5.61	0.64

Competitive Comparison of INVL Technology UTIB's EBIT

For the Asset Management subindustry, INVL Technology UTIB'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.

INVL Technology UTIB's EV-to-EBIT Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, INVL Technology UTIB's EV-to-EBIT distribution charts can be found below:

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

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INVL Technology UTIB 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 semi-annually data reported by the company within the most recent 12 months, which was €6.25 Mil.

INVL Technology UTIB (OVSE:INC1L) EBIT Explanation

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

INVL Technology UTIB'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: Dec. 2023 )	+	Invested Capital (Q: Jun. 2024 ))	/ count )
=	1.27 * ( 1 - 0% )	/	( (48.009	+	48.092)	/ 2 )
=	1.27	/	48.0505
=	2.64 %

where

	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	))
=	48.888	-	0.13	-	( 0.749	-	max(0, 0.453	-	2.103	+	0.749	))
=	48.009

	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	))
=	49.145	-	0.175	-	( 0.878	-	max(0, 0.183	-	2.806	+	0.878	))
=	48.092

Note: The Operating Income data used here is two times the semi-annual (Jun. 2024) data.

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

INVL Technology UTIB'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: Dec. 2023		Q: Jun. 2024
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	1.27	/	( ( (0 + max(-0.049, 0))	+	(0 + max(0.095, 0)) )	/	2 )
=	1.27	/	( ( 0	+	0.095 )	/	2 )
=	1.27	/	0.0475
=	2,673.68 %

where Working Capital is:

	Working Capital		(Q: Dec. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0.104	+	0	+	0)	-	(0.13	+	0	+	0.023)
=	-0.049

	Working Capital		(Q: Jun. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0.278	+	0	+	0)	-	(0.175	+	0	+	0.008)
=	0.095

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Jun. 2024) EBIT data.

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

INVL Technology UTIB's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Jun. 2024 )
	=	6.247	/	40.190
	=	15.54 %

INVL Technology UTIB EBIT Related Terms

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INVL Technology UTIB Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » INVL Technology UTIB (OVSE:INC1L) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

Gyneju Street 14, Vilnius, LTU, LT-01109

Website

https://www.invltechnology.lt

INVL Technology UTIB operates as a closed-end fund (CEF) that invests in and develops European IT businesses. The company is headquartered in Vilnius and listed on the Nasdaq Vilnius stock exchange. INVL Technology owns 3 company groups: Novian (a Baltic IT company), NRD Companies (a GovTech company) and NRD Cyber Security (a cyber security company). INVL Technology develops businesses in order to create value for shareholders. Geographically it operates in various countries in Europe, Central America, South and Southeast Asia, and Sub-Saharan Africa.

INVL Technology UTIB Headlines

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