INEO Tech (TSXV:INEO) EBIT : C$-2.90 Mil (TTM As of Dec. 2024)

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What is INEO Tech EBIT?

INEO Tech's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2024 was C$-0.79 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2024 was C$-2.90 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. INEO Tech's annualized ROC % for the quarter that ended in Dec. 2024 was -122.68%. INEO Tech's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was -185.86%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. INEO Tech's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was -38.98%.

INEO Tech EBIT Historical Data

The historical data trend for INEO Tech'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.

INEO Tech EBIT Chart

INEO Tech Annual Data

Trend

May11

May12

May17

May18

May19

Jun20

Jun21

Jun22

Jun23

Jun24

EBIT

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-5.71

-2.18

-3.25

-3.21

-2.80

INEO Tech Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
EBIT	Get a 7-Day Free Trial															-0.64	-0.72	-0.80	-0.59	-0.79

Competitive Comparison of INEO Tech's EBIT

For the Advertising Agencies subindustry, INEO Tech'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.

INEO Tech's EV-to-EBIT Distribution in the Media - Diversified Industry

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

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

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INEO Tech 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-2.90 Mil.

INEO Tech (TSXV:INEO) EBIT Explanation

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

INEO Tech's annualized ROC % for the quarter that ended in Dec. 2024 is calculated as:

	ROC % (Q: Dec. 2024 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Sep. 2024 )	+	Invested Capital (Q: Dec. 2024 ))	/ count )
=	-3.056 * ( 1 - 0% )	/	( (1.958	+	3.024)	/ 2 )
=	-3.056	/	2.491
=	-122.68 %

where

	Invested Capital		(Q: Sep. 2024 )
=	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	))
=	2.071	-	2.042	-	( 0.047	-	max(0, 2.377	-	0.448	+	0.047	))
=	1.958

	Invested Capital		(Q: Dec. 2024 )
=	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	))
=	3.759	-	2.29	-	( 1.508	-	max(0, 3.498	-	1.943	+	1.508	))
=	3.024

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

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

INEO Tech's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2024 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Dec. 2024 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Sep. 2024		Q: Dec. 2024
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-3.168	/	( ( (1.593 + max(-1.65, 0))	+	(1.816 + max(-1.896, 0)) )	/	2 )
=	-3.168	/	( ( 1.593	+	1.816 )	/	2 )
=	-3.168	/	1.7045
=	-185.86 %

where Working Capital is:

	Working Capital		(Q: Sep. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0.148	+	0.212	+	0.032)	-	(2.042	+	0	+	0)
=	-1.65

	Working Capital		(Q: Dec. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0.184	+	0.192	+	0.018)	-	(2.29	+	0	+	0)
=	-1.896

When net working capital is negative, 0 is used.

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

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

INEO Tech's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Dec. 2024 )
	=	-2.903	/	7.448
	=	-38.98 %

INEO Tech EBIT Related Terms

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INEO Tech Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » INEO Tech Corp (TSXV:INEO) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

INEOF:USA

Address

No 105 - 19130 24th Avenue, Surrey, BC, CAN, V3Z 3S9

Website

https://www.ineosolutionsinc.com

INEO Tech Corp is engaged in operating of the INEO Media Network for retailers, which provides retail analytics and targeted advertising through its cloud-based IoT (Internet of Things) and AI (Artificial Intelligence) technology. The Company operates the INEO Media Network using a SaaS-based model for retail stores. The operating segments of the company are Loss Prevention, Fabrication, Retail Media, and other.

Executives

Yagiz Gundogdu	10% Security Holder
Steven Emanuel Matyas	Director

INEO Tech Headlines

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