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Tio Tech A (Tio Tech A) EBIT : $-1.85 Mil (TTM As of Dec. 2022)


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What is Tio Tech A EBIT?

Tio Tech A's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2022 was $-0.34 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2022 was $-1.85 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Tio Tech A's annualized ROC % for the quarter that ended in Dec. 2022 was -0.39%. Tio Tech A's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2022 was %.

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

Tio Tech A EBIT Historical Data

The historical data trend for Tio Tech A'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.

Tio Tech A EBIT Chart

Tio Tech A Annual Data
Trend Dec21 Dec22
EBIT
- -1.85

Tio Tech A Quarterly Data
Feb21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22
EBIT Get a 7-Day Free Trial - -0.54 -0.60 -0.37 -0.34

Competitive Comparison of Tio Tech A's EBIT

For the Shell Companies subindustry, Tio Tech A'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.

Tio Tech A's EV-to-EBIT Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Tio Tech A's EV-to-EBIT distribution charts can be found below:

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


Tio Tech A 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. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $-1.85 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.

Tio Tech A  (NAS:TIOAU) EBIT Explanation

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

Tio Tech A's annualized ROC % for the quarter that ended in Dec. 2022 is calculated as:

ROC % (Q: Dec. 2022 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2022 ) + Invested Capital (Q: Dec. 2022 ))/ count )
=-1.356 * ( 1 - 0% )/( (346.437 + 348.879)/ 2 )
=-1.356/347.658
=-0.39 %

where

Invested Capital(Q: Sep. 2022 )
=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))
=346.594 - 1.057 - ( 0.021 - max(0, 1.057 - 0.157+0.021))
=346.437

Invested Capital(Q: Dec. 2022 )
=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))
=348.982 - 2.259 - ( 0.006 - max(0, 2.259 - 0.103+0.006))
=348.879

Note: The Operating Income data used here is four times the quarterly (Dec. 2022) data.

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

Tio Tech A's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2022 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2022 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2022  Q: Dec. 2022
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-1.356/( ( (0 + max(-0.921, 0)) + (0 + max(-2.162, 0)) )/ 2 )
=-1.356/( ( 0 + 0 )/ 2 )
=-1.356/0
= %

where Working Capital is:

Working Capital(Q: Sep. 2022 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.136) - (1.057 + 0 + 0)
=-0.921

Working Capital(Q: Dec. 2022 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.035 + 0 + 0.062) - (2.259 + 0 + 0)
=-2.162

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Dec. 2022) EBIT data.

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

Tio Tech A's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2022 )
=-1.845/0.000
= %

* 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.

Tio Tech A EBIT Related Terms

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Tio Tech A (Tio Tech A) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Tio Tech A (NAS:TIOAU) » Definitions » EBIT
Comparable Companies
RXRA LEGA MACC ACAH NAAC PTOC FACT GLBL TWNI SLAC GSHN PSTH XAMS:EPIC ASZ CCYC CVII KAHC DWAC IPOF PBAJ
Traded in Other Exchanges
N/A
Address
Unter den Linden 21, Berlin, DEU, 10117
Website
https://www.tiotechspac.com
Tio Tech A is a blank check company. It is formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses.
Executives
Roman Kirsch director, officer: CEO and Director UNTER DEN LINDEN 21, BERLIN 2M 10117
Spyro Korsanos officer: CFO UNTER DEN LINDEN 21, BERLIN 2M 10117
Dominik Richter director UNTER DEN LINDEN 21, BERLIN 2M 10117
Jonathan Teklu director UNTER DEN LINDEN 21, BERLIN 2M 10117
Jeronimo Folgueira director UNTER DEN LINDEN 21, BERLIN 2M 10117
Manuel Stotz director UNTER DEN LINDEN 21, BERLIN 2M 10117
Lindentor 1055. V V Gmbh 10 percent owner UNTER DEN LINDEN 21, BERLIN 2M 10117