GURUFOCUS.COM » STOCK LIST » Technology » Software » SharpSpring Inc (NAS:SHSP) » Definitions » EBIT

SharpSpring (SharpSpring) EBIT : $-9.55 Mil (TTM As of Jun. 2021)


View and export this data going back to 2011. Start your Free Trial

What is SharpSpring EBIT?

SharpSpring's earnings before interest and taxes (EBIT) for the three months ended in Jun. 2021 was $-3.60 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2021 was $-9.55 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. SharpSpring's annualized ROC % for the quarter that ended in Jun. 2021 was -49.17%. SharpSpring's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2021 was -144.34%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. SharpSpring's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2021 was -4.65%.


SharpSpring EBIT Historical Data

The historical data trend for SharpSpring'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.

SharpSpring EBIT Chart

SharpSpring Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -6.35 -6.98 -8.86 -10.26 -6.61

SharpSpring Quarterly Data
Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21
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 -0.91 -1.53 -1.67 -2.75 -3.60

Competitive Comparison of SharpSpring's EBIT

For the Software - Application subindustry, SharpSpring'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.


SharpSpring's EV-to-EBIT Distribution in the Software Industry

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

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



SharpSpring 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. 2021 adds up the quarterly data reported by the company within the most recent 12 months, which was $-9.55 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.


SharpSpring  (NAS:SHSP) EBIT Explanation

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

SharpSpring's annualized ROC % for the quarter that ended in Jun. 2021 is calculated as:

ROC % (Q: Jun. 2021 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Mar. 2021 ) + Invested Capital (Q: Jun. 2021 ))/ count )
=-14.4 * ( 1 - -1.14% )/( (31.447 + 27.795)/ 2 )
=-14.56416/29.621
=-49.17 %

where

Note: The Operating Income data used here is four times the quarterly (Jun. 2021) data.

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

SharpSpring's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2021 is calculated as:

ROC (Joel Greenblatt) %(Q: Jun. 2021 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2021  Q: Jun. 2021
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-14.4/( ( (10.157 + max(-1.751, 0)) + (9.796 + max(-2.501, 0)) )/ 2 )
=-14.4/( ( 10.157 + 9.796 )/ 2 )
=-14.4/9.9765
=-144.34 %

where Working Capital is:

Working Capital(Q: Mar. 2021 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.366 + 0 + 1.443) - (2.609 + 0.951 + 0)
=-1.751

Working Capital(Q: Jun. 2021 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.3 + 0 + 1.294) - (3.232 + 0.863 + 0)
=-2.501

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Jun. 2021) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2021 )
=-9.552/205.211
=-4.65 %

* 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.


SharpSpring EBIT Related Terms

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


SharpSpring (SharpSpring) Business Description

Traded in Other Exchanges
N/A
Address
5001 Celebration Pointe Avenue, Suite 410, Gainesville, FL, USA, 32608
SharpSpring Inc provides cloud-based marketing technology. Its marketing automation platform uses features such as web tracking, lead scoring, and an automated workflow to deliver the right message to the right customer at the right time. It provides SaaS-based marketing technologies to customers around the world. Its platform also includes customer relationship management technology that enables a business to store, manage and optimize customer and prospect data in a cloud-based environment. Its products include the Mail+ product and marketing automation platform. The majority of the revenue is generated by Marketing automation.
Executives
Richard Alan Carlson director, officer: CEO and President 304 WEST UNIVERSITY AVENUE GAINESVILLE FL 32601
Travis Whitton officer: Chief Technology Officer 304 WEST UNIVERSITY AVENUE GAINESVILLE FL 32601
Greenhaven Road Capital Fund 1, L.p. director 8 SOUND SHORE DRIVE, C/O ROYCE & ASSOCIATES, SUITE 190, GREENWICH CT 06830
Greenhaven Road Investment Management, L.p. director 8 SOUND SHORE DRIVE, C/O ROYCE & ASSOCIATES, SUITE 190, GREENWICH CT 06830
Mvm Funds Llc director 8 SOUND SHORE DRIVE, C/O ROYCE & ASSOCIATES, SUITE 190, GREENWICH CT 06930
Scott Stewart Miller director, 10 percent owner 70 GREENHAVEN ROAD, RYE NY 10580
David A. Buckel director SHARPSPRING, 550 SW 2ND AVENUE, GAINESVILLE FL 32601
Steven A. Huey director C/O SHARPSPRING 550 SW 2ND AVENUE GAINESVILLE FL 32601
Savneet Singh director 120 RIVERSIDE BLVD, PH 2K, NEW YORK NY 10069
Greenhaven Road Capital Fund 2, L.p. director 8 SOUND SHORE DRIVE, C/O ROYCE & ASSOCIATES, SUITE 190, GREENWICH CT 06830
Marietta Davis director C/O SHARPSPRING, 550 SW 2ND AVENUE, GAINESVILLE FL 32601
Aaron David Jackson officer: Interim CFO 2034 SW 73RD TER GAINESVILLE FL 32607
Michael Power officer: Chief Financial Officer 5001 CELEBRATION POINTE AVE SUITE 410 GAINESVILLE FL 32608
Cat Rock Capital Management Lp 10 percent owner 8 SOUND SHORE DRIVE, SUITE 250 GREENWICH CT 06830
Daniel Allen director 299 PARK AVENUE SOUTH, SUITE 90959, NEW YORK NY 10003