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Elliptic Laboratories ASA (STU:EIP) EBIT : €-2.57 Mil (TTM As of Mar. 2024)


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What is Elliptic Laboratories ASA EBIT?

Elliptic Laboratories ASA's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was €-0.18 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was €-2.57 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Elliptic Laboratories ASA's annualized ROC % for the quarter that ended in Mar. 2024 was -14.57%. Elliptic Laboratories ASA's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -11.50%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Elliptic Laboratories ASA's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -2.18%.


Elliptic Laboratories ASA EBIT Historical Data

The historical data trend for Elliptic Laboratories ASA'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.

Elliptic Laboratories ASA EBIT Chart

Elliptic Laboratories ASA Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial -1.35 -1.21 -1.17 -3.64 -3.90

Elliptic Laboratories ASA Quarterly Data
Dec18 Jun19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -1.56 0.59 -0.63 -2.35 -0.18

Competitive Comparison of Elliptic Laboratories ASA's EBIT

For the Software - Infrastructure subindustry, Elliptic Laboratories ASA'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.


Elliptic Laboratories ASA's EV-to-EBIT Distribution in the Software Industry

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

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



Elliptic Laboratories ASA 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 €-2.57 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.


Elliptic Laboratories ASA  (STU:EIP) EBIT Explanation

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

Elliptic Laboratories ASA'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 )
=-3.62 * ( 1 - 17.15% )/( (19.865 + 21.302)/ 2 )
=-2.99917/20.5835
=-14.57 %

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:

Elliptic Laboratories ASA'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 )
=-0.716/( ( (1.73 + max(4.31, 0)) + (1.714 + max(4.701, 0)) )/ 2 )
=-0.716/( ( 6.04 + 6.415 )/ 2 )
=-0.716/6.2275
=-11.50 %

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)
=(5.269 + 0 + 0.513) - (0.749 + 0 + 0.723)
=4.31

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(6.005 + 0 + 0.119) - (0.328 + 0 + 1.095)
=4.701

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:

Elliptic Laboratories ASA's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=-2.568/117.766
=-2.18 %

* 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.


Elliptic Laboratories ASA EBIT Related Terms

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Elliptic Laboratories ASA (STU:EIP) Business Description

Traded in Other Exchanges
Address
Akersgata 32, Oslo, NOR, 0180
Elliptic Laboratories ASA is a software-based AI Virtual Smart Sensor Platform. Its AI Virtual Security Sensor is a presence-detection solution used to improve the security of data stored on laptops. The AI Virtual Security Sensor leverages a laptop's existing speaker and microphone to generate and process ultrasound waves to detect presence.

Elliptic Laboratories ASA (STU:EIP) Headlines

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