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Arway (XCNQ:ARWY) EBIT : C$-3.23 Mil (TTM As of Feb. 2024)


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What is Arway EBIT?

Arway's earnings before interest and taxes (EBIT) for the three months ended in Feb. 2024 was C$-0.39 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Feb. 2024 was C$-3.23 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Arway's annualized ROC % for the quarter that ended in Feb. 2024 was -7,979.49%. Arway's annualized ROC (Joel Greenblatt) % for the quarter that ended in Feb. 2024 was -34,577.78%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Arway's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Feb. 2024 was -40.65%.

Arway EBIT Historical Data

The historical data trend for Arway'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.

Arway EBIT Chart

Arway Annual Data
Trend Aug22 Aug23
EBIT
- -4.50

Arway Quarterly Data
Nov22 Feb23 May23 Aug23 Nov23 Feb24
EBIT Get a 7-Day Free Trial -1.65 -1.45 -1.03 -0.36 -0.39

Competitive Comparison of Arway's EBIT

For the Software - Application subindustry, Arway'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.

Arway's EV-to-EBIT Distribution in the Software Industry

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

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


Arway 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 Feb. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-3.23 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.

Arway  (XCNQ:ARWY) EBIT Explanation

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

Arway's annualized ROC % for the quarter that ended in Feb. 2024 is calculated as:

ROC % (Q: Feb. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Nov. 2023 ) + Invested Capital (Q: Feb. 2024 ))/ count )
=-1.556 * ( 1 - 0% )/( (0.013 + 0.026)/ 2 )
=-1.556/0.0195
=-7,979.49 %

where

Invested Capital(Q: Nov. 2023 )
=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))
=0.153 - 0.123 - ( 0.079 - max(0, 0.132 - 0.149+0.079))
=0.013

Invested Capital(Q: Feb. 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))
=0.16 - 0.189 - ( 0.029 - max(0, 0.211 - 0.156+0.029))
=0.026

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

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

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

ROC (Joel Greenblatt) %(Q: Feb. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Nov. 2023  Q: Feb. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-1.556/( ( (0.005 + max(-0.062, 0)) + (0.004 + max(-0.084, 0)) )/ 2 )
=-1.556/( ( 0.005 + 0.004 )/ 2 )
=-1.556/0.0045
=-34,577.78 %

where Working Capital is:

Working Capital(Q: Nov. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.036 + 0 + 0.034) - (0.123 + 0.009 + 0)
=-0.062

Working Capital(Q: Feb. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.092 + 0 + 0.035) - (0.189 + 0.022 + 0)
=-0.084

When net working capital is negative, 0 is used.

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

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Feb. 2024 )
=-3.227/7.939
=-40.65 %

* 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.

Arway EBIT Related Terms

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Arway (XCNQ:ARWY) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Arway Corp (XCNQ:ARWY) » Definitions » EBIT
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Traded in Other Exchanges
ARWYF:USA E65:Germany
Address
Toronto Rpo Royal Bank Plaza, PO Box 64039, Toronto, ON, CAN, M5J 2T6
Website
https://www.arway.ai
Arway Corp is s an AI-powered augmented reality experience platform for indoor spaces. The platform allows users to easily create experiences for navigation, tours, information sharing, notifications, advertising, and gamification. It creates immersive AR experiences using its web-based studio and brings them to life through smartphones.
Executives
Evan Gappelberg Director

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