Vertiqal Studios (TSX:VRTS) EBIT: C$-10.04 Mil (TTM As of Mar. 2026)


What is Vertiqal Studios EBIT?

Vertiqal Studios TSX:VRTS EBIT is C$-10.04 Mil as of Mar. 2026. The stock has 7 warning signs investors should review.

Vertiqal Studios's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was C$-1.11 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was C$-10.04 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Vertiqal Studios's annualized ROC % for the quarter that ended in Mar. 2026 was -49.58%. Vertiqal Studios's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -3,616.26%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Vertiqal Studios's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -77.63%.

Vertiqal Studios  (TSX:VRTS) EBIT Explanation

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

Vertiqal Studios'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 )
=-7.148 * ( 1 - 0% )/( (13.889 + 14.944)/ 2 )
=-7.148/14.4165
=-49.58 %

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))
=11.835 - 13.422 - ( 0.172 - max(0, 19.077 - 3.601+0.172))
=13.889

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))
=11.262 - 12.543 - ( 0.721 - max(0, 19.593 - 3.368+0.721))
=14.944

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

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

Vertiqal Studios'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 )
=-4.448/( ( (0.136 + max(-10.184, 0)) + (0.11 + max(-12.176, 0)) )/ 2 )
=-4.448/( ( 0.136 + 0.11 )/ 2 )
=-4.448/0.123
=-3,616.26 %

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)
=(3.022 + 0 + 0.216) - (13.422 + 0 + 0)
=-10.184

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1.67 + 0 + 0.758) - (12.543 + 0 + 2.061)
=-12.176

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=-10.035/12.927
=-77.63 %

* 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.

Vertiqal Studios EBIT Related Terms

Vertiqal Studios EBIT Historical Data

* Premium members only.

The historical data trend for Vertiqal Studios'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.

Vertiqal Studios EBIT Chart

Vertiqal Studios Annual Data
Trend Nov19 Nov20 Dec21 Dec22 Dec23 Dec24 Dec25
EBIT
Get a 7-Day Free Trial -9.38 -11.20 -52.65 -1.62 -10.01

Vertiqal Studios 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 -1.09 -0.29 -2.83 -5.80 -1.11

TSX:VRTS vs NTES, EA, TTWO: EBIT Comparison

For the Electronic Gaming & Multimedia subindustry, Vertiqal Studios'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.

Vertiqal Studios EV-to-EBIT vs Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Vertiqal Studios's EV-to-EBIT distribution charts can be found below:

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


Vertiqal Studios 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 C$-10.04 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 C$-10.04 Mil mean?
Vertiqal Studios (TSX:VRTS) has a EBIT of C$-10.04 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Vertiqal Studios.
Is Vertiqal Studios' EBIT too high?
Vertiqal Studios' current EBIT is C$-10.04 Mil.
How does Vertiqal Studios' EBIT compare to NTES and EA?
Vertiqal Studios' EBIT of C$-10.04 Mil can be compared against companies in the Interactive Media 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 an Interactive Media company?
A good EBIT depends on the Interactive Media 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 Vertiqal Studios. Vertiqal Studios's current EBIT is C$-10.04 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vertiqal Studios stock overvalued right now?
Based on GuruFocus' analysis, Vertiqal Studios (TSX:VRTS) is currently considered Possible Value Trap. The stock's GF Value™ is C$0.02, compared to a current price of C$0.01 — trading 50% below its estimated fair value. The current EBIT is C$-10.04 Mil. 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 Vertiqal Studios (TSX:VRTS), the current EBIT is C$-10.04 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.

Vertiqal Studios Business Description

Other Exchanges VERTF:USA
Address 441 King Street West, Unit 200, Toronto, ON, CAN, M5V 1K4
Vertiqal Studios Corp is a technology and entertainment company providing direct advertising services to brands over its social media channels, with future programmatic advertising services planned as well as plans to build and acquire assets to unite the Woeld'wide gaming community. The Company is engaged in a single business activity. The company has presence in Canada and United States. The company generates majority of revenue from Canada.