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Sol Strategies (XCNQ:HODL) EBIT : C$12.21 Mil (TTM As of Dec. 2024)


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What is Sol Strategies EBIT?

Sol Strategies's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2024 was C$4.42 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2024 was C$12.21 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Sol Strategies's annualized ROC % for the quarter that ended in Dec. 2024 was 22.57%. Sol Strategies's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was %.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Sol Strategies's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was 3.71%.


Sol Strategies EBIT Historical Data

The historical data trend for Sol Strategies'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.

Sol Strategies EBIT Chart

Sol Strategies Annual Data
Trend Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.41 -1.83 -3.96 -6.66 7.94

Sol Strategies 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 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 2.64 -0.12 -1.68 9.60 4.42

Competitive Comparison of Sol Strategies's EBIT

For the Capital Markets subindustry, Sol Strategies'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.


Sol Strategies's EV-to-EBIT Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Sol Strategies's EV-to-EBIT distribution charts can be found below:

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


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Sol Strategies 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$12.21 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.


Sol Strategies  (XCNQ:HODL) EBIT Explanation

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

Sol Strategies'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 )
=16.824 * ( 1 - 26.5% )/( (27.089 + 82.472)/ 2 )
=12.36564/54.7805
=22.57 %

where

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

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

Sol Strategies'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 )
=17.688/( ( (0 + max(-1.781, 0)) + (0 + max(-5.525, 0)) )/ 2 )
=17.688/( ( 0 + 0 )/ 2 )
=17.688/0
= %

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 + 0 + 0) - (1.781 + 0 + 0)
=-1.781

Working Capital(Q: Dec. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.059) - (0.562 + 2.711 + 2.311)
=-5.525

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2024 )
=12.213/329.095
=3.71 %

* 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.


Sol Strategies EBIT Related Terms

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Sol Strategies Business Description

Traded in Other Exchanges
Address
217 Queen Street West, Suite 401, Toronto, ON, CAN, M5V 0R2
Sol Strategies Inc is engaged in investing in blockchain technologies and crypto currencies. Company executes its Investment Objective through three lines of effort: Treasury management: Maintaining a core portfolio of cryptocurrencies for long-term growth, enhanced with risk management strategies to minimize volatility, and generating yield through lending, staking, and liquidity provisioning; Private equity focused on early stage companies in the DeFi and blockchain sectors; and Active investments to generate yield through strategic activities, including Bitcoin mining and stalking and validating Solana.
Executives
Jon Matonis Director
Antanas (tony) Guoga Director, Senior Officer
Leah Katherine Wald Director, Senior Officer
Ungad Chadda Director
Douglas Andrew Harris Senior Officer
Mohammed Adham Director, Senior Officer
Rubsun Ho Director
Marc Charles Henderson Director
Blaise F. Yerly Director
Dennis George Gibson Senior Officer
Dominic Frisby Director
Hft Strategies Inc 10% Security Holder

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