GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » GomSpace Group AB (STU:1G2) » Definitions » EBIT

GomSpace Group AB (STU:1G2) EBIT : €-3.54 Mil (TTM As of Jun. 2024)


View and export this data going back to 2017. Start your Free Trial

What is GomSpace Group AB EBIT?

GomSpace Group AB's earnings before interest and taxes (EBIT) for the three months ended in Jun. 2024 was €-0.33 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2024 was €-3.54 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. GomSpace Group AB's annualized ROC % for the quarter that ended in Jun. 2024 was -14.17%. GomSpace Group AB's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was -28.01%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. GomSpace Group AB's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was -2.81%.


GomSpace Group AB EBIT Historical Data

The historical data trend for GomSpace Group AB'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.

GomSpace Group AB EBIT Chart

GomSpace Group AB Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -13.83 -4.38 -2.80 -21.01 -7.69

GomSpace Group AB Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Jun24
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 -1.26 -3.02 -0.68 -2.54 -0.33

Competitive Comparison of GomSpace Group AB's EBIT

For the Aerospace & Defense subindustry, GomSpace Group AB'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.


GomSpace Group AB's EV-to-EBIT Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, GomSpace Group AB's EV-to-EBIT distribution charts can be found below:

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



GomSpace Group AB 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 quarterly data reported by the company within the most recent 12 months, which was €-3.54 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.


GomSpace Group AB  (STU:1G2) EBIT Explanation

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

GomSpace Group AB'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 )
=-2.96 * ( 1 - -3.6% )/( (19.876 + 23.405)/ 2 )
=-3.06656/21.6405
=-14.17 %

where

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

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

GomSpace Group AB'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 )
=-1.308/( ( (3.679 + max(-0.636, 0)) + (5.662 + max(-1.539, 0)) )/ 2 )
=-1.308/( ( 3.679 + 5.662 )/ 2 )
=-1.308/4.6705
=-28.01 %

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)
=(2.266 + 3.887 + 0.915) - (1.681 + 0 + 6.023)
=-0.636

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(3.325 + 3.583 + 1.073) - (2.411 + 0 + 7.109)
=-1.539

When net working capital is negative, 0 is used.

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

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

GomSpace Group AB's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2024 )
=-3.539/125.970
=-2.81 %

* 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.


GomSpace Group AB EBIT Related Terms

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


GomSpace Group AB Business Description

Traded in Other Exchanges
Address
Ulls Vag 29A, Uppsala, SWE, 756 51
GomSpace Group AB develops and commercializes nano-satellites. It provides turn-key solutions to enable space-based businesses including solutions for IoT, communication, tracking, surveillance, and remote sensing. The company also offers professional nano-satellite turn-key solutions, platforms, commercial off the shelf sub-systems, software modules, and off-the-shelf payloads for tracking or delivering payloads to customer requirements based on radio technology building blocks. Its business areas are Academia, Commercial, Defense, and Science operating geographically in Sweden, Denmark, other parts of Europe, the United States, Asia, and the Rest of the world. The majority of the company's revenue comes from Europe (excluding Sweden and Denmark).

GomSpace Group AB Headlines

No Headlines