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DMG Blockchain Solutions (TSXV:DMGI) EBIT : C$0.86 Mil (TTM As of Jun. 2024)


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What is DMG Blockchain Solutions EBIT?

DMG Blockchain Solutions's earnings before interest and taxes (EBIT) for the three months ended in Jun. 2024 was C$-3.57 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2024 was C$0.86 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. DMG Blockchain Solutions's annualized ROC % for the quarter that ended in Jun. 2024 was -13.77%. DMG Blockchain Solutions's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was -16.16%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. DMG Blockchain Solutions's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 0.80%.


DMG Blockchain Solutions EBIT Historical Data

The historical data trend for DMG Blockchain 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.

DMG Blockchain Solutions EBIT Chart

DMG Blockchain Solutions Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -7.58 -2.54 -9.23 -16.96 -16.30

DMG Blockchain Solutions Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 -4.23 -2.71 6.98 0.17 -3.57

Competitive Comparison of DMG Blockchain Solutions's EBIT

For the Capital Markets subindustry, DMG Blockchain 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.


DMG Blockchain Solutions's EV-to-EBIT Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, DMG Blockchain Solutions's EV-to-EBIT distribution charts can be found below:

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



DMG Blockchain 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 Jun. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$0.86 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.


DMG Blockchain Solutions  (TSXV:DMGI) EBIT Explanation

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

DMG Blockchain Solutions's annualized ROC % for the quarter that ended in Jun. 2024 is calculated as:

ROC % (Q: Jun. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Mar. 2024 ) + Invested Capital (Q: Jun. 2024 ))/ count )
=-14.884 * ( 1 - 0% )/( (110.849 + 105.283)/ 2 )
=-14.884/108.066
=-13.77 %

where

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

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

DMG Blockchain Solutions's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Jun. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2024  Q: Jun. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-14.264/( ( (42.632 + max(40.725, 0)) + (58.681 + max(34.451, 0)) )/ 2 )
=-14.264/( ( 83.357 + 93.132 )/ 2 )
=-14.264/88.2445
=-16.16 %

where Working Capital is:

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.196 + 0 + 46.001) - (5.402 + 0.071 + -0.0010000000000012)
=40.725

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.227 + 0 + 39.057) - (4.786 + 0.046 + 0.0010000000000048)
=34.451

When net working capital is negative, 0 is used.

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

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2024 )
=0.86/107.103
=0.80 %

* 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.


DMG Blockchain Solutions EBIT Related Terms

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DMG Blockchain Solutions Business Description

Traded in Other Exchanges
Address
4193 104 Street, Delta, BC, CAN, V4K3N3
DMG Blockchain Solutions Inc is a full-service blockchain and cryptocurrency company. It manages, operates, and develops end-to-end digital solutions to monetize the blockchain ecosystem. It is also involved in server hosting and other similar service arrangements for the transaction verification services business and software solutions. The company engages in the research and development of technology solutions related to the transaction verification business. It derives revenue from Cryptocurrency mining, the Sale of mining equipment, and Set-up and hosting fees.
Executives
Adrian Glover Senior Officer
Steven Eliscu Director
Justin Rasekh Director
Daniel Reitzik Director, Senior Officer
Ryan Cheung Senior Officer
Sheldon Norman Bennett Director

DMG Blockchain Solutions Headlines

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