mCloud Technologies (TSXV:MCLD.H) EBIT : C$-38.31 Mil (TTM As of Sep. 2022)

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What is mCloud Technologies EBIT?

mCloud Technologies's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2022 was C$-7.82 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2022 was C$-38.31 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. mCloud Technologies's annualized ROC % for the quarter that ended in Sep. 2022 was -55.26%. mCloud Technologies's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2022 was -470.12%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. mCloud Technologies's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2022 was -49.34%.

mCloud Technologies EBIT Historical Data

The historical data trend for mCloud Technologies'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.

mCloud Technologies EBIT Chart

mCloud Technologies Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

EBIT

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-6.45

-12.00

-27.19

-29.79

-39.31

mCloud Technologies Quarterly Data
	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22
EBIT	Get a 7-Day Free Trial															-14.07	-10.27	-9.82	-10.41	-7.82

Competitive Comparison of mCloud Technologies's EBIT

For the Software - Application subindustry, mCloud Technologies'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.

mCloud Technologies's EV-to-EBIT Distribution in the Software Industry

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

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

mCloud Technologies 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. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-38.31 Mil.

mCloud Technologies (TSXV:MCLD.H) EBIT Explanation

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

mCloud Technologies's annualized ROC % for the quarter that ended in Sep. 2022 is calculated as:

	ROC % (Q: Sep. 2022 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Jun. 2022 )	+	Invested Capital (Q: Sep. 2022 ))	/ count )
=	-51.848 * ( 1 - 3.74% )	/	( (99.38	+	81.249)	/ 2 )
=	-49.9088848	/	90.3145
=	-55.26 %

where

	Invested Capital		(Q: Jun. 2022 )
=	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	))
=	72.697	-	17.371	-	( 4.406	-	max(0, 63.665	-	19.611	+	4.406	))
=	99.38

	Invested Capital		(Q: Sep. 2022 )
=	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	))
=	51.609	-	13.72	-	( 1.713	-	max(0, 50.649	-	7.289	+	1.713	))
=	81.249

Note: The Operating Income data used here is four times the quarterly (Sep. 2022) data.

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

mCloud Technologies's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2022 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Sep. 2022 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Jun. 2022		Q: Sep. 2022
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-31.268	/	( ( (7.817 + max(-10.988, 0))	+	(5.485 + max(-11.814, 0)) )	/	2 )
=	-31.268	/	( ( 7.817	+	5.485 )	/	2 )
=	-31.268	/	6.651
=	-470.12 %

where Working Capital is:

	Working Capital		(Q: Jun. 2022 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(11.533	+	0	+	2.68)	-	(17.371	+	4.813	+	3.017)
=	-10.988

	Working Capital		(Q: Sep. 2022 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(2.24	+	0	+	2.497)	-	(13.72	+	1.99	+	0.841)
=	-11.814

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Sep. 2022) EBIT data.

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

mCloud Technologies's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Sep. 2022 )
	=	-38.307	/	77.639
	=	-49.34 %

mCloud Technologies EBIT Related Terms

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mCloud Technologies (TSXV:MCLD.H) Business Description

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Address

550-510 Burrard Street, Vancouver, BC, CAN, V6C 3A8

Website

https://www.mcloudcorp.com

mCloud Technologies Corp is creating an efficient future with the use of AI and analytics, curbing energy waste, maximizing energy production, and getting the most out of critical energy infrastructure. Through mCloud's AI-powered AssetCare platform, mCloud offers complete asset management solutions to three distinct segments: smart buildings, wind energy, and oil and gas. IoT sensors bring data from connected assets into the cloud, where AI and analytics are applied to maximize performance. The mCloud family includes an ecosystem of operating subsidiaries that delivers high-performance IoT, AI, 3D, and mobile capabilities to customers, all integrated into AssetCare.

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