Velox Energy Materials (TSXV:VLX) EBIT: C$-0.31 Mil (TTM As of Mar. 2026)


What is Velox Energy Materials EBIT?

Velox Energy Materials TSXV:VLX EBIT is C$-0.31 Mil as of Mar. 2026.

Velox Energy Materials's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was C$-0.08 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was C$-0.31 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Velox Energy Materials's annualized ROC % for the quarter that ended in Mar. 2026 was -11.44%. Velox Energy Materials's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -14.59%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Velox Energy Materials's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -5.31%.

Velox Energy Materials  (TSXV:VLX) EBIT Explanation

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

Velox Energy Materials'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 )
=-0.332 * ( 1 - 0% )/( (2.849 + 2.957)/ 2 )
=-0.332/2.903
=-11.44 %

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))
=3.088 - 0.176 - ( 0.21 - max(0, 0.176 - 0.239+0.21))
=2.849

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))
=6.016 - 0.158 - ( 3.022 - max(0, 0.158 - 3.059+3.022))
=2.957

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

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

Velox Energy Materials'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 )
=-0.332/( ( (2.221 + max(-0.151, 0)) + (2.33 + max(-0.136, 0)) )/ 2 )
=-0.332/( ( 2.221 + 2.33 )/ 2 )
=-0.332/2.2755
=-14.59 %

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)
=(0 + 0 + 0.025) - (0.176 + 0 + 0)
=-0.151

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.022) - (0.158 + 0 + 0)
=-0.136

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:

Velox Energy Materials's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=-0.311/5.859
=-5.31 %

* 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.

Velox Energy Materials EBIT Related Terms

Velox Energy Materials EBIT Historical Data

* Premium members only.

The historical data trend for Velox Energy Materials'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.

Velox Energy Materials EBIT Chart

Velox Energy Materials Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.30 -0.65 -1.57 -1.58 -0.27

Velox Energy Materials Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.04 0.09 -0.13 -0.19 -0.08

Velox Energy Materials EBIT Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Velox Energy Materials'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.

Velox Energy Materials EV-to-EBIT vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Velox Energy Materials's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Velox Energy Materials's EV-to-EBIT falls into.


Velox Energy Materials 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$-0.31 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$-0.31 Mil mean?
Velox Energy Materials (TSXV:VLX) has a EBIT of C$-0.31 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Velox Energy Materials.
Is Velox Energy Materials' EBIT too high?
Velox Energy Materials' current EBIT is C$-0.31 Mil.
How does Velox Energy Materials' EBIT compare to competitors?
Velox Energy Materials' EBIT of C$-0.31 Mil can be compared against companies in the Metals & Mining 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 Metals & Mining company?
A good EBIT depends on the Metals & Mining 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 Velox Energy Materials. Velox Energy Materials's current EBIT is C$-0.31 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Velox Energy Materials stock overvalued right now?
Velox Energy Materials (TSXV:VLX) has a current EBIT of C$-0.31 Mil. The current EBIT is C$-0.31 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For Velox Energy Materials (TSXV:VLX), the current EBIT is C$-0.31 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.

Velox Energy Materials Business Description

Other Exchanges OJ4:Germany
Address 1111 West Hastings, 15th Floor, Vancouver, BC, CAN, V6E 2J3
Velox Energy Materials Inc is an exploration and development company. It is a precious metal explorer company. Its project includes The North Queensland Vanadium Project which is located in northwest Queensland, Australia. The other projects of the company include Kotai Hydrogen Project. The Company conducts its business in a single operating segment, as its exploration resource property in Australia.