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TROOPS (TROOPS) EBIT : $-0.13 Mil (TTM As of Jun. 2023)


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What is TROOPS EBIT?

TROOPS's earnings before interest and taxes (EBIT) for the six months ended in Jun. 2023 was $-1.06 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2023 was $-0.13 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. TROOPS's annualized ROC % for the quarter that ended in Jun. 2023 was -3.13%. TROOPS's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2023 was -4.37%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. TROOPS's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2023 was -0.12%.


TROOPS EBIT Historical Data

The historical data trend for TROOPS'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.

TROOPS EBIT Chart

TROOPS Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.81 -0.53 -67.21 -8.44 -0.34

TROOPS Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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 -1.16 -7.27 -1.27 0.92 -1.06

Competitive Comparison of TROOPS's EBIT

For the Software - Application subindustry, TROOPS'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.


TROOPS's EV-to-EBIT Distribution in the Software Industry

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

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



TROOPS 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. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $-0.13 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.


TROOPS  (NAS:TROO) EBIT Explanation

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

TROOPS's annualized ROC % for the quarter that ended in Jun. 2023 is calculated as:

ROC % (Q: Jun. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2022 ) + Invested Capital (Q: Jun. 2023 ))/ count )
=-2.118 * ( 1 - 4.51% )/( (64.755 + 64.561)/ 2 )
=-2.0224782/64.658
=-3.13 %

where

Note: The Operating Income data used here is two times the semi-annual (Jun. 2023) data.

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

TROOPS's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2023 is calculated as:

ROC (Joel Greenblatt) %(Q: Jun. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2022  Q: Jun. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-2.11/( ( (48.681 + max(-1.941, 0)) + (47.821 + max(-2.839, 0)) )/ 2 )
=-2.11/( ( 48.681 + 47.821 )/ 2 )
=-2.11/48.251
=-4.37 %

where Working Capital is:

Working Capital(Q: Dec. 2022 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.128) - (1.981 + 0.088 + 0)
=-1.941

Working Capital(Q: Jun. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0) - (2.839 + 0 + 0)
=-2.839

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Jun. 2023) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2023 )
=-0.133/115.068
=-0.12 %

* 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.


TROOPS EBIT Related Terms

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TROOPS (TROOPS) Business Description

Traded in Other Exchanges
N/A
Address
8 Fui Yiu Kok Street, 21st Floor, Tsuen Wan, New Territories, Hong Kong, HKG
TROOPS Inc is a conglomerate group of various businesses with its headquarters based in Hong Kong. The group is principally engaged in money lending business in Hong Kong providing mortgage loans to high quality target borrowers, property investment to generate additional rental income and the development, operation and management of an online financial marketplace that provides one-stop financial technology solutions including API services by leveraging artificial intelligence, large data and blockchain, and cloud computing (SaaS). It derives revenue from Hong Kong and Australia. Majority of its revenue generates from domestic market.
Executives
Hong Xiang Liu director 2F20 XIAO HUOWA, BAIXIA DISTRICT, SHANGHAI F4 210002
Hao Wu director, officer: Chief Financial Officer CIRO'S PLAZA, 388 NANJING WEST RD., SUITE 2307, SHANGHAI F4 200003
William R Hambrecht 10 percent owner C/O ADOBE SUSTEMS INC, 345 PARK AVENUE P O BOX 2704, SAN JOSE CA 95110-2704
Stephen N Cannon 10 percent owner, officer: Vice President of Acquisitions 13/F TOWER 2, NEW WORLD TOWER, 18 QUEENS ROAD CENTRAL, HONG KONG K3 K3 00000
Wr Hambrecht & Co Llc 10 percent owner 550 15TH STREET, SAN FRANCISCO CA 94103
Robert J Eu director, 10 percent owner, officer: Chairman, CFO and Secretary 13/F TOWER 2, NEW WORLD TOWER, 18 QUEENS ROAD CENTRAL, HONG KONG K3 K3 00000
John Wang director, 10 percent owner, officer: CEO, President and Director 13/F TOWER 2, NEW WORLD TOWER, 18 QUEENS ROAD CENTRAL, HONG KONG K3 K3 00000
Lee S Ting director 13/F TOWER 2, NEW WORLD TOWER, 18 QUEENS, ROAD CENTRAL, HONG KONG K3 0000000

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