GURUFOCUS.COM » STOCK LIST » Technology » Software » Banxa Holdings Inc (TSXV:BNXA) » Definitions » EBIT

Banxa Holdings (TSXV:BNXA) EBIT : C$0.5 Mil (TTM As of Sep. 2024)


View and export this data going back to 2021. Start your Free Trial

What is Banxa Holdings EBIT?

Banxa Holdings's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2024 was C$0.2 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was C$0.5 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Banxa Holdings's annualized ROC % for the quarter that ended in Sep. 2024 was 6.68%. Banxa Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 80.82%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Banxa Holdings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 1.13%.


Banxa Holdings EBIT Historical Data

The historical data trend for Banxa Holdings'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.

Banxa Holdings EBIT Chart

Banxa Holdings Annual Data
Trend Jun20 Jun21 Jun22 Jun23 Jun24
EBIT
-3.49 -4.98 -15.08 -6.91 -1.10

Banxa Holdings Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 -1.30 -0.31 0.99 -0.44 0.24

Competitive Comparison of Banxa Holdings's EBIT

For the Information Technology Services subindustry, Banxa Holdings'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.


Banxa Holdings's EV-to-EBIT Distribution in the Software Industry

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

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



Banxa Holdings 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$0.5 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.


Banxa Holdings  (TSXV:BNXA) EBIT Explanation

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

Banxa Holdings's annualized ROC % for the quarter that ended in Sep. 2024 is calculated as:

ROC % (Q: Sep. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2024 ) + Invested Capital (Q: Sep. 2024 ))/ count )
=1.164 * ( 1 - 48.44% )/( (8.636 + 9.332)/ 2 )
=0.6001584/8.984
=6.68 %

where

Note: The Operating Income data used here is four times the quarterly (Sep. 2024) data.

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

Banxa Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Sep. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2024  Q: Sep. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=0.944/( ( (0.392 + max(1.268, 0)) + (0.304 + max(0.372, 0)) )/ 2 )
=0.944/( ( 1.66 + 0.676 )/ 2 )
=0.944/1.168
=80.82 %

where Working Capital is:

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(8.018 + 0.317 + 0.49) - (6.804 + 0 + 0.753)
=1.268

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(6.265 + 0.304 + 0.511) - (5.917 + 0 + 0.791)
=0.372

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Sep. 2024) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2024 )
=0.475/42.204
=1.13 %

* 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.


Banxa Holdings EBIT Related Terms

Thank you for viewing the detailed overview of Banxa Holdings's EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.


Banxa Holdings Business Description

Traded in Other Exchanges
Address
1111 West Hastings Street, 15th Floor, Vancouver, BC, CAN, V6E 2J3
Banxa Holdings Inc is a payments service provider for the digital asset space. It offers a cryptocurrency gateway platform to other businesses in the industry. The company's goal is to onboard the general public to digital currency by building a fully compliant payment infrastructure that enables simple and secure conversion of fiat currency to digital currency. Geographically, it operates in Australia, North America and Europe and derives a majority of its revenue from Europe.
Executives
Holger Roman Arians Senior Officer
Zafer Alam Qureshi Director
Domenico Carosa Director
Gregor Peter Cooney Senior Officer
Richard Leonard Mico Senior Officer
Iain Forbes Clark Senior Officer
Shyamal Rishikant Deo Senior Officer

Banxa Holdings Headlines

No Headlines