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BEACN Wizardry & Magic (TSXV:BECN) EBIT : C$-2.40 Mil (TTM As of Sep. 2023)


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What is BEACN Wizardry & Magic EBIT?

BEACN Wizardry & Magic's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2023 was C$-0.62 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2023 was C$-2.40 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. BEACN Wizardry & Magic's annualized ROC % for the quarter that ended in Sep. 2023 was -87.36%. BEACN Wizardry & Magic's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was -92.64%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. BEACN Wizardry & Magic's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was -24.74%.


BEACN Wizardry & Magic EBIT Historical Data

The historical data trend for BEACN Wizardry & Magic'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.

BEACN Wizardry & Magic EBIT Chart

BEACN Wizardry & Magic Annual Data
Trend Dec20 Dec21 Dec22
EBIT
- -2.69 -0.40

BEACN Wizardry & Magic Quarterly Data
Nov20 Feb21 May21 Aug21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.16 -0.71 -0.52 -0.55 -0.62

Competitive Comparison of BEACN Wizardry & Magic's EBIT

For the Consumer Electronics subindustry, BEACN Wizardry & Magic'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.


BEACN Wizardry & Magic's EV-to-EBIT Distribution in the Hardware Industry

For the Hardware industry and Technology sector, BEACN Wizardry & Magic's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where BEACN Wizardry & Magic's EV-to-EBIT falls into.



BEACN Wizardry & Magic 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 Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-2.40 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.


BEACN Wizardry & Magic  (TSXV:BECN) EBIT Explanation

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

BEACN Wizardry & Magic's annualized ROC % for the quarter that ended in Sep. 2023 is calculated as:

ROC % (Q: Sep. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2023 ) + Invested Capital (Q: Sep. 2023 ))/ count )
=-2.468 * ( 1 - 0% )/( (2.95 + 2.7)/ 2 )
=-2.468/2.825
=-87.36 %

where

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

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

BEACN Wizardry & Magic's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2023 is calculated as:

ROC (Joel Greenblatt) %(Q: Sep. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2023  Q: Sep. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-2.472/( ( (0.344 + max(2.428, 0)) + (0.323 + max(2.242, 0)) )/ 2 )
=-2.472/( ( 2.772 + 2.565 )/ 2 )
=-2.472/2.6685
=-92.64 %

where Working Capital is:

Working Capital(Q: Jun. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.121 + 1.755 + 0.742) - (0.191 + 0 + -0.001)
=2.428

Working Capital(Q: Sep. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.207 + 1.835 + 0.453) - (0.252 + 0 + 0.001)
=2.242

When net working capital is negative, 0 is used.

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

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

BEACN Wizardry & Magic's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2023 )
=-2.396/9.684
=-24.74 %

* 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.


BEACN Wizardry & Magic EBIT Related Terms

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BEACN Wizardry & Magic (TSXV:BECN) Business Description

Traded in Other Exchanges
N/A
Address
3450 Uptown Boulevard, Suite 301, Victoria, BC, CAN, V8Z 0B9
Website
BEACN Wizardry & Magic Inc develops innovative audio equipment, peripherals, and technology for gamers, live streamers, and content creators. The group delivers premium products that produce studio-quality content. Its product portfolio consists of Beacn Mic, Beacn Mix, and?Beacn Mix Create. The group has two reportable geographic segments namely North America and Other.