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Siyata Mobile (Siyata Mobile) EBIT : $-7.67 Mil (TTM As of Mar. 2024)


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What is Siyata Mobile EBIT?

Siyata Mobile's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was $-2.02 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was $-7.67 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Siyata Mobile's annualized ROC % for the quarter that ended in Mar. 2024 was -71.28%. Siyata Mobile's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -389.19%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield.

Siyata Mobile EBIT Historical Data

The historical data trend for Siyata Mobile'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.

Siyata Mobile EBIT Chart

Siyata Mobile 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 -6.70 -11.80 -21.68 -15.18 -12.80

Siyata Mobile Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 -6.59 -4.84 -1.82 -3.84 -2.02

Competitive Comparison of Siyata Mobile's EBIT

For the Communication Equipment subindustry, Siyata Mobile'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.

Siyata Mobile's EV-to-EBIT Distribution in the Hardware Industry

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

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


Siyata Mobile 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 $-7.67 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.

Siyata Mobile  (NAS:SYTAW) EBIT Explanation

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

Siyata Mobile'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 )
=-8.12 * ( 1 - 0% )/( (11.164 + 11.618)/ 2 )
=-8.12/11.391
=-71.28 %

where

Invested Capital(Q: Dec. 2023 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=15.512 - 3.449 - ( 0.899 - max(0, 5.419 - 6.702+0.899))
=11.164

Invested Capital(Q: Mar. 2024 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=14.308 - 3.916 - ( 0.586 - max(0, 6.94 - 5.714+0.586))
=11.618

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

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

Siyata Mobile'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 )
=-8.068/( ( (0.806 + max(1.895, 0)) + (0.717 + max(0.728, 0)) )/ 2 )
=-8.068/( ( 2.701 + 1.445 )/ 2 )
=-8.068/2.073
=-389.19 %

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)
=(0.88 + 3.545 + 1.077) - (3.449 + 0.002 + 0.156)
=1.895

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1.153 + 2.645 + 0.982) - (3.916 + 0.002 + 0.134)
=0.728

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=-7.674/0.000
= %

* 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.

Siyata Mobile EBIT Related Terms

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Siyata Mobile (Siyata Mobile) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Siyata Mobile Inc (NAS:SYTAW) » Definitions » EBIT
Comparable Companies
BDRL ELST ASNS MLRT TPTW WLAN CASSQ TCCO MITQ CAMP CSCO SHSE:601138 MSI HPE OHEL:NOKIA OSTO:ERIC B ZBRA SZSE:000063 SHSE:688036 JNPR
Traded in Other Exchanges
SYTA:USA WK30:Germany
Address
1001 Lenoir Street, Suite A- 414, Montreal, QC, CAN, H4C2Z6
Website
https://www.siyatamobile.com
Siyata Mobile Inc is engaged in the sale of vehicle mounted, cellular-based communications platforms over advanced 3G (Third generation) mobile networks and cellular booster systems. The Company develops, markets and sells a portfolio of rugged handheld Push-to-Talk over Cellular (PoC) smartphone devices. These rugged business-to-business (B2B) environments are focused on enterprise customers, first responders, construction workers, security guards, government agencies, utilities, transportation and waste management, amusement parks, and mobile workers in multiple industries.