IC Group Holdings (TSXV:ICGH) EBIT: C$-1.12 Mil (TTM As of Mar. 2026)

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TSXV:ICGH IC Group Holdings Inc TSXV:ICGH
13 GF Score
Price C$0.43
! 1 Warning Sign
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What is IC Group Holdings EBIT?

IC Group Holdings TSXV:ICGH 13 EBIT is C$-1.12 Mil as of Mar. 2026. GuruFocus rates TSXV:ICGH with a GF Score™ of 13/100. The stock has 1 warning sign investors should review.

IC Group Holdings's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was C$-0.07 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was C$-1.12 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. IC Group Holdings's annualized ROC % for the quarter that ended in Mar. 2026 was -3.57%. IC Group Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -14.86%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. IC Group Holdings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -4.88%.

IC Group Holdings  (TSXV:ICGH) EBIT Explanation

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

IC Group Holdings'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 )
=-0.92 * ( 1 - 0% )/( (28.223 + 23.356)/ 2 )
=-0.92/25.7895
=-3.57 %

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))
=32.929 - 5.239 - ( 4.811 - max(0, 18.168 - 17.635+4.811))
=28.223

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))
=27.902 - 4.992 - ( 3.411 - max(0, 13.309 - 12.863+3.411))
=23.356

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

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

IC Group Holdings'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 )
=-0.272/( ( (1.827 + max(-3.747, 0)) + (1.835 + max(-2.364, 0)) )/ 2 )
=-0.272/( ( 1.827 + 1.835 )/ 2 )
=-0.272/1.831
=-14.86 %

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)
=(3.479 + 0 + 9.336) - (5.239 + 11.323 + 0)
=-3.747

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(3.347 + 0 + 6.1) - (4.992 + 6.819 + -1.7763568394003E-15)
=-2.364

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=-1.122/23.007
=-4.88 %

* 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.

IC Group Holdings EBIT Related Terms

IC Group Holdings EBIT Historical Data

* Premium members only.

The historical data trend for IC Group 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.

IC Group Holdings EBIT Chart

IC Group Holdings Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
EBIT
0.00 1.51 0.02 -5.07 -2.99

IC Group Holdings Quarterly Data
Dec21 Dec22 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 -1.93 -0.36 -0.17 -0.52 -0.07

TSXV:ICGH vs APP, OMC, TTD: EBIT Comparison

For the Advertising Agencies subindustry, IC Group 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.

IC Group Holdings EV-to-EBIT vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, IC Group Holdings's EV-to-EBIT distribution charts can be found below:

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


TSXV:ICGH
13GF Score
IC Group Holdings Inc TSXV:ICGH
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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IC Group 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 Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-1.12 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$-1.12 Mil mean?
IC Group Holdings (TSXV:ICGH) has a EBIT of C$-1.12 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on IC Group Holdings.
Is IC Group Holdings' EBIT too high?
IC Group Holdings' current EBIT is C$-1.12 Mil. Overall, IC Group Holdings has a GF Score™ of 13/100, reflecting its overall financial health beyond just this single metric.
How does IC Group Holdings' EBIT compare to APP and OMC?
IC Group Holdings' EBIT of C$-1.12 Mil can be compared against companies in the Media - Diversified 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 a Media - Diversified company?
A good EBIT depends on the Media - Diversified 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 IC Group Holdings. IC Group Holdings's current EBIT is C$-1.12 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IC Group Holdings stock overvalued right now?
IC Group Holdings (TSXV:ICGH) has a current EBIT of C$-1.12 Mil. The current EBIT is C$-1.12 Mil. IC Group Holdings' overall GF Score™ is 13/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For IC Group Holdings (TSXV:ICGH), the current EBIT is C$-1.12 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.

IC Group Holdings Business Description

Address 383 Dovercourt Drive, Winnipeg, MB, CAN, R3Y 1G4
IC Group Holdings Inc is a marketing services technology company, powering consumer engagement and promotions for Fortune 500 Brands. It is delivering impactful digital promotions, loyalty, rebate, mobile messaging, and speciality insurance solutions in world-wide jurisdictions. The Company delivers digital promotions and consumer engagement programs for customers in over 20 countries. The company operates in three segments: IC Engage, IC Mobile, and IC Insurance. The majority of its revenue is generated from the IC Engage, which delivers turnkey and custom enterprise digital promotions, including gamified content, loyalty, reward, and incentive solutions across digital channels, customer ecosystems, and live events to capture data and drive commerce.
13GF Score

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EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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