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SpringBig Holdings (SpringBig Holdings) EBIT : $-4.82 Mil (TTM As of Mar. 2024)


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What is SpringBig Holdings EBIT?

SpringBig Holdings's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was $1.29 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was $-4.82 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. SpringBig Holdings's annualized ROC % for the quarter that ended in Mar. 2024 was -12.39%. SpringBig Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 257.37%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. SpringBig Holdings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -30.60%.


SpringBig Holdings EBIT Historical Data

The historical data trend for SpringBig Holdings'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.

SpringBig Holdings EBIT Chart

SpringBig Holdings Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
-2.33 -1.60 -5.75 -12.12 -7.98

SpringBig Holdings Quarterly Data
Dec19 Dec20 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -1.87 -1.71 -2.34 -2.06 1.29

Competitive Comparison of SpringBig Holdings's EBIT

For the Software - Application subindustry, SpringBig Holdings'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.


SpringBig Holdings's EV-to-EBIT Distribution in the Software Industry

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

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



SpringBig Holdings 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 $-4.82 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.


SpringBig Holdings  (OTCPK:SBIG) EBIT Explanation

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

SpringBig Holdings'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 )
=-1.128 * ( 1 - 0% )/( (10.177 + 8.035)/ 2 )
=-1.128/9.106
=-12.39 %

where

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

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

SpringBig Holdings'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 )
=5.168/( ( (0.66 + max(-4.509, 0)) + (3.356 + max(-2.162, 0)) )/ 2 )
=5.168/( ( 0.66 + 3.356 )/ 2 )
=5.168/2.008
=257.37 %

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)
=(3.69 + 0 + 0.893) - (4.034 + 4.676 + 0.382)
=-4.509

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(4.005 + 0 + 0.588) - (2.405 + 3.948 + 0.402)
=-2.162

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:

SpringBig Holdings's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=-4.819/15.746
=-30.60 %

* 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.


SpringBig Holdings EBIT Related Terms

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SpringBig Holdings (SpringBig Holdings) Business Description

Traded in Other Exchanges
N/A
Address
621 North West 53rd Street, Suite 250, Boca Raton, FL, USA, 33487
SpringBig Holdings Inc is a software platform providing customer loyalty and marketing automation solutions to cannabis retailers and brands in the U.S. and Canada. The company's platform connects consumers with retailers and brands, through SMS marketing, emails, customer feedback system, and loyalty programs, to support retailers' and brands' customer engagement and retention.
Executives
Paul Sykes officer: Chief Financial Officer 621 NW 53RD STREET, SUITE 250, BOCA RATON FL 33487
Jeffrey Todd Harris director, 10 percent owner, officer: Chief Executive Officer 621 NW 53RD STREET, SUITE 260, BOCA RATON FL 33487
Steven E Bernstein director C/O SBA COMMUNICATIONS CORP, ONE TOWN CENTER ROAD - THIRD FLOOR, BOCO RATON FL 83486
Jonathan Trauben director 621 NW 53RD STREET, SUITE 250, BOCA RATON FL 33487
Patricia Glassford director 621 NW 53RD STREET, SUITE 250, BOCA RATON FL 33487
Philip Schwarz director C/O CORAZON CAPITAL, 1322 WEST HENDERSON STREET, CHICAGO IL 60657
Tuatara Capital Fund Ii, L.p. 10 percent owner 12 EAST 44TH STREET, 8FL, NEW YORK NY 10017
Medici Holdings V, Inc. 10 percent owner 621 NW 53RD STREET, SUITE 250, BOCA RATON FL 33487
Amanda Lannert director 621 NW 53RD STREET, SUITE 250, BOCA RATON FL 33487
Navin Anand officer: Chief Technology Officer 621 NW 53RD STREET, SUITE 250, BOCA RATON FL 33487
Tcac Sponsor, Llc 10 percent owner TUATARA CAPITAL, L.P., 655 THIRD AVENUE, 8TH FL, NEW YORK NY 10017
Mark Zittman director, officer: Chief Operating Officer TUATARA CAPITAL, L.P., 655 THIRD AVENUE, 8TH FL, NEW YORK NY 10017
Sergey Sherman officer: Chief Financial Officer TUATARA CAPITAL, L.P., 655 THIRD AVENUE, 8TH FL, NEW YORK NY 10017
Albert John Foreman director, officer: Chief Executive Officer TUATARA CAPITAL, L.P., 655 THIRD AVENUE, 8TH FL, NEW YORK NY 10017
Aris Kekedjian director 655 THIRD AVENUE, 8TH FLOOR, 10017 NY 10017