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Aisix Solutions (TSXV:AISX) EBIT : C$-1.61 Mil (TTM As of Dec. 2023)


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What is Aisix Solutions EBIT?

Aisix Solutions's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was C$-0.36 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was C$-1.61 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Aisix Solutions's annualized ROC % for the quarter that ended in Dec. 2023 was -451.46%. Aisix Solutions's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -599.16%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Aisix Solutions's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -44.12%.


Aisix Solutions EBIT Historical Data

The historical data trend for Aisix Solutions'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.

Aisix Solutions EBIT Chart

Aisix Solutions Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial -4.09 -2.77 -2.14 -2.04 -1.61

Aisix Solutions Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.72 -0.43 -0.10 -0.72 -0.36

Competitive Comparison of Aisix Solutions's EBIT

For the Software - Application subindustry, Aisix Solutions'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.


Aisix Solutions's EV-to-EBIT Distribution in the Software Industry

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

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



Aisix Solutions 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. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-1.61 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.


Aisix Solutions  (TSXV:AISX) EBIT Explanation

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

Aisix Solutions's annualized ROC % for the quarter that ended in Dec. 2023 is calculated as:

ROC % (Q: Dec. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2023 ) + Invested Capital (Q: Dec. 2023 ))/ count )
=-1.316 * ( 1 - 0% )/( (0.303 + 0.28)/ 2 )
=-1.316/0.2915
=-451.46 %

where

Note: The Operating Income data used here is four times the quarterly (Dec. 2023) data.

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

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

ROC (Joel Greenblatt) %(Q: Dec. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2023  Q: Dec. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-1.432/( ( (0.246 + max(-0.024, 0)) + (0.232 + max(-0.056, 0)) )/ 2 )
=-1.432/( ( 0.246 + 0.232 )/ 2 )
=-1.432/0.239
=-599.16 %

where Working Capital is:

Working Capital(Q: Sep. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.123) - (0.147 + 0 + 0)
=-0.024

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.079) - (0.135 + 0 + 0)
=-0.056

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=-1.606/3.640
=-44.12 %

* 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.


Aisix Solutions EBIT Related Terms

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Aisix Solutions (TSXV:AISX) Business Description

Traded in Other Exchanges
Address
1166 Alberni Street, Suite 810, Vancouver, BC, CAN, V6E 3Z3
Aisix Solutions Inc Formerly Minerva Intelligence Inc is engaged in developing and marketing AI software products to various industries with technical and scientific data. Its AI Platform combines human domain expertise with information from public and private databases in a cognitive computer reasoning system to carry out complex tasks faster. Geographically, it derives a majority of its revenue from Canada and also has a presence in the United States.
Executives
Mihalis Belantis Senior Officer

Aisix Solutions (TSXV:AISX) Headlines

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