Presto Automation (Presto Automation) EBIT : $-53.50 Mil (TTM As of Mar. 2024)

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What is Presto Automation EBIT?

Presto Automation's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was $-14.92 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was $-53.50 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Presto Automation's annualized ROC % for the quarter that ended in Mar. 2024 was -82.62%. Presto Automation's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -1,449.64%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Presto Automation's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -72.58%.

Presto Automation EBIT Historical Data

The historical data trend for Presto Automation'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.

Presto Automation EBIT Chart

Presto Automation Annual Data

Trend

Jun20

Jun21

Jun22

Jun23

EBIT

-21.47

-44.51

-51.11

-21.72

Presto Automation Quarterly Data
	Jun20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
EBIT	Get a 7-Day Free Trial										-12.69	-33.20	9.13	-14.50	-14.92

Competitive Comparison of Presto Automation's EBIT

For the Software - Application subindustry, Presto Automation'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.

Presto Automation's EV-to-EBIT Distribution in the Software Industry

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

* The bar in red indicates where Presto Automation's EV-to-EBIT falls into.

Presto Automation 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-53.50 Mil.

Presto Automation (NAS:PRST) EBIT Explanation

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

Presto Automation's annualized ROC % for the quarter that ended in Mar. 2024 is calculated as:

	ROC % (Q: Mar. 2024 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Dec. 2023 )	+	Invested Capital (Q: Mar. 2024 ))	/ count )
=	-61.2 * ( 1 - -0.25% )	/	( (72.757	+	75.766)	/ 2 )
=	-61.353	/	74.2615
=	-82.62 %

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	))
=	30.866	-	7.139	-	( 3.375	-	max(0, 67.802	-	18.772	+	3.375	))
=	72.757

	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	))
=	20.432	-	8.043	-	( 4.235	-	max(0, 71.534	-	8.157	+	4.235	))
=	75.766

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

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

Presto Automation's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Mar. 2024 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Dec. 2023		Q: Mar. 2024
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-59.696	/	( ( (0.506 + max(7.153, 0))	+	(0.577 + max(-5.081, 0)) )	/	2 )
=	-59.696	/	( ( 7.659	+	0.577 )	/	2 )
=	-59.696	/	4.118
=	-1,449.64 %

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)
=	(1.791	+	0.312	+	13.294)	-	(7.139	+	1.105	+	0)
=	7.153

	Working Capital		(Q: Mar. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(1.246	+	0.181	+	2.495)	-	(8.043	+	0.96	+	1.4210854715202E-14)
=	-5.081

When net working capital is negative, 0 is used.

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

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

Presto Automation's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Mar. 2024 )
	=	-53.496	/	73.702
	=	-72.58 %

Presto Automation EBIT Related Terms

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Presto Automation (Presto Automation) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Presto Automation Inc (NAS:PRST) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

985 Industrial Road, San Carlos, CA, USA, 94070

Website

https://www.presto.com

Presto Automation Inc overlays next-gen digital solutions onto the physical world. It provides an accurate, next-gen solution that uses artificial intelligence to automate speech recognition for restaurant drive-thru. The Company earns substantially all of its revenue in the United States.

Executives

Keith E Kravcik	director	11840 VALLEY VIEW ROAD, EDEN PRAIRIE MN 55344
Dan Mosher	officer: Chief Revenue Officer	810 HAMILTON STREET, REDWOOD CITY CA 94063
Justin Foster	officer: Chief Revenue Officer	PRESTO AUTOMATION INC., 985 INDUSTRIAL ROAD, SAN CARLOS CA 94070
Cleveland Avenue Food & Beverage Fund Ii, Lp	10 percent owner	222 N. CANAL STREET, CHICAGO IL 60606
Nathan Cook	officer: Interim CFO	PRESTO AUTOMATION INC., 985 INDUSTRIAL ROAD, SAN CARLOS CA 94070
Xavier Casanova	officer: CHIEF OPERATING OFFICER	PRESTO AUTOMATION INC., 985 INDUSTRIAL ROAD, SAN CARLOS CA 94070
Rajat Suri	10 percent owner	525 MIDDLEFIELD ROAD, SUITE 250, MENLO PARK CA 94025
Stanley Mbugua	officer: Chief Accounting Officer	SKILLZ INC, PO BOX 455, SAN FRAN CA 94104
Scott David Raskin	director	QUOTIENT TECHNOLOGY INC., 1260 EAST STRINGHAM AVENUE, SUITE 600, SALT LAKE CITY UT 84106
Gail Zauder	director	122 EAST 82ND STREET, NEW YORK NY 10028
Kim A Lopdrup	director	1000 DARDEN CENTER DRIVE, ORLANDO FL 32837
Jonas Grossman	director, 10 percent owner	17 STREET, SUITE 1600, NEW YORK NY 10004
Ashish Ram Gupta	officer: Chief Financial Officer	810 HAMILTON STREET, REDWOOD CITY CA 94063
William Robert Healey	officer: Chief Technology Officer	810 HAMILTON STREET, REDWOOD CITY CA 94063
Romulus Elc B3 Special Opportunity, L.p.	10 percent owner	307 HARVARD STREET, CAMBRIDGE MA 02139