THNCF (Thinkific Labs) EBIT: $-3.02 Mil (TTM As of Mar. 2026)


THNCF Thinkific Labs Inc THNCF
72 GF Score
Price $0.82
GF Value $2.52
Valuation Significantly Undervalued
! 4 Warning Signs
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What is Thinkific Labs EBIT?

Thinkific Labs THNCF 72 EBIT is $-3.02 Mil as of Mar. 2026. GuruFocus rates THNCF with a GF Score™ of 72/100 and a GF Value™ of $2.52 (Significantly Undervalued). The stock has 4 warning signs investors should review.

Thinkific Labs's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was $-1.89 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was $-3.02 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Thinkific Labs's annualized ROC % for the quarter that ended in Mar. 2026 was -41.44%. Thinkific Labs's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -402.89%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Thinkific Labs's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -31.51%.

Thinkific Labs  (OTCPK:THNCF) EBIT Explanation

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

Thinkific Labs's annualized ROC % for the quarter that ended in Mar. 2026 is calculated as:

ROC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=-7.54 * ( 1 - 0% )/( (17.516 + 18.874)/ 2 )
=-7.54/18.195
=-41.44 %

where

Invested Capital(Q: Dec. 2025 )
=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))
=62.779 - 4.021 - ( 50.694 - max(0, 18.396 - 59.638+50.694))
=17.516

Invested Capital(Q: Mar. 2026 )
=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))
=61.618 - 2.992 - ( 49.418 - max(0, 18.733 - 58.485+49.418))
=18.874

Note: The Operating Income data used here is four times the quarterly (Mar. 2026) data.

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

Thinkific Labs's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-7.54/( ( (1.926 + max(-10.054, 0)) + (1.817 + max(-10.223, 0)) )/ 2 )
=-7.54/( ( 1.926 + 1.817 )/ 2 )
=-7.54/1.8715
=-402.89 %

where Working Capital is:

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(4.97 + 0 + 3.03) - (4.021 + 13.756 + 0.277)
=-10.054

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(5.26 + 0 + 2.909) - (2.992 + 14.702 + 0.698)
=-10.223

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=-3.017/9.576
=-31.51 %

* 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.

Thinkific Labs EBIT Related Terms

Thinkific Labs EBIT Historical Data

* Premium members only.

The historical data trend for Thinkific Labs'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.

Thinkific Labs EBIT Chart

Thinkific Labs Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EBIT
Get a 7-Day Free Trial -24.31 -30.94 -10.60 -2.44 -1.33

Thinkific Labs Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 -0.19 -0.84 -0.23 -0.06 -1.89

THNCF vs CRM, SHOP, UBER: EBIT Comparison

For the Software - Application subindustry, Thinkific Labs'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.

Thinkific Labs EV-to-EBIT vs Software Industry

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

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


THNCF
72GF Score
Thinkific Labs Inc THNCF
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Thinkific Labs 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. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-3.02 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.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of $-3.02 Mil mean?
Thinkific Labs (THNCF) has a EBIT of $-3.02 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Thinkific Labs.
Is Thinkific Labs' EBIT too high?
Thinkific Labs' current EBIT is $-3.02 Mil. Overall, Thinkific Labs has a GF Score™ of 72/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Thinkific Labs' EBIT compare to CRM and SHOP?
Thinkific Labs' EBIT of $-3.02 Mil can be compared against companies in the Software industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for a Software company?
A good EBIT depends on the Software industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Thinkific Labs. Thinkific Labs's current EBIT is $-3.02 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thinkific Labs stock overvalued right now?
Based on GuruFocus' analysis, Thinkific Labs (THNCF) is currently considered Significantly Undervalued. The stock's GF Value™ is $2.52, compared to a current price of $0.82 — trading 67.4% below its estimated fair value. The current EBIT is $-3.02 Mil. Thinkific Labs' overall GF Score™ is 72/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For Thinkific Labs (THNCF), the current EBIT is $-3.02 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Thinkific Labs (THNCF) Overvalued in 2026?

Based on GuruFocus' analysis, Thinkific Labs stock appears to be undervalued. The current stock price of $0.82 is trading 67.4% below its estimated GF Value™ of $2.52. GuruFocus considers Thinkific Labs to be Significantly Undervalued.

Key valuation signals for THNCF:

  • EBIT: $-3.02 Mil
  • GF Value™: $2.52 vs. price of $0.82 (67.4% below fair value)
  • GF Score™: 72/100 with 4 warning signs

No single metric tells the full story. See the THNCF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Thinkific Labs Business Description

Other Exchanges 5S0A:GermanyTHNC:Canada
Address 369 Terminal Avenue, Suite 400, Vancouver, BC, CAN, V6A 4C4
Thinkific Labs Inc is a cloud-based software platform. Its business activity is to provide a learning commerce platform that helps businesses scale and generate revenue through courses, communities, AI and commerce. The company's platform provides its customers with a learning commerce solution that enables them to create new revenue streams, retain customers, and build community through customized courses, membership sites, communities, digital products and other experiences. Its sources of revenue consist of software subscriptions to its cloud-based platform and revenue from payment processing. Geographically, it operates in Canada; United States, generating maximum revenue; and Rest of the World.
72GF Score

Get the complete analysis for THNCF

EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.82
Price
$2.52
GF Value