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SPTY (Specificity) EBIT : $-0.77 Mil (TTM As of Dec. 2023)


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What is Specificity EBIT?

Specificity's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was $-0.03 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was $-0.77 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Specificity's annualized ROC % for the quarter that ended in Dec. 2023 was -13.94%. Specificity's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -118.52%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Specificity's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -4.90%.


Specificity EBIT Historical Data

The historical data trend for Specificity'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.

Specificity EBIT Chart

Specificity Annual Data
Trend Dec20 Dec21 Dec22 Dec23
EBIT
- -2.33 -4.11 -0.80

Specificity Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only -2.43 -0.45 -0.36 0.07 -0.03

Competitive Comparison of Specificity's EBIT

For the Advertising Agencies subindustry, Specificity'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.


Specificity's EV-to-EBIT Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Specificity's EV-to-EBIT distribution charts can be found below:

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



Specificity 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 quarterly data reported by the company within the most recent 12 months, which was $-0.77 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.


Specificity  (OTCPK:SPTY) EBIT Explanation

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

Specificity'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: Sep. 2023 ) + Invested Capital (Q: Dec. 2023 ))/ count )
=-0.112 * ( 1 - 0% )/( (0.786 + 0.821)/ 2 )
=-0.112/0.8035
=-13.94 %

where

Note: The Operating Income data used here is four times the quarterly (Dec. 2023) data.

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

Specificity'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: Sep. 2023  Q: Dec. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-0.112/( ( (0.096 + max(-0.466, 0)) + (0.093 + max(-0.548, 0)) )/ 2 )
=-0.112/( ( 0.096 + 0.093 )/ 2 )
=-0.112/0.0945
=-118.52 %

where Working Capital is:

Working Capital(Q: Sep. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.076 + 0 + 0.009) - (0.184 + 0.367 + 0)
=-0.466

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.014) - (0.178 + 0.385 + -0.001)
=-0.548

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=-0.772/15.760
=-4.90 %

* 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.


Specificity EBIT Related Terms

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Specificity Business Description

Traded in Other Exchanges
N/A
Address
410 Ware Boulevard, Suite 508, Tampa, FL, USA, 33619
Specificity Inc is a full-service digital marketing firm that delivers cutting-edge marketing solutions to business to business clients as well as business to consumer clients. The company offers host of marketing services including Email Marketing, Automated Marketing, Retargeting Marketing ,Content Marketing, Social Media Content Creation, Digital Production Marketing, Creating Brand Standard, Logo Creation It builds digital marketing campaigns for all sorts of businesses, small to large, all over the country.
Executives
Jason Allen Wood director, 10 percent owner, officer: CHIEF EXECUTIVE OFFICER 14213 SUNDIAL PL, LAKEWOOD RANCH FL 34202-5894
Kevin Frisbie director PO BOX 714, LEWISTON ME 04243
William Mark Anderson director, officer: CHIEF OPERATING OFFICER 2215 E 4TH AVE, TAMPA FL 33605-5409