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SpringBig Holdings (SpringBig Holdings) ROE % : Negative Equity% (As of Mar. 2024)


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What is SpringBig Holdings ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. SpringBig Holdings's annualized net income for the quarter that ended in Mar. 2024 was $1.67 Mil. SpringBig Holdings's average Total Stockholders Equity over the quarter that ended in Mar. 2024 was $-8.35 Mil. Therefore, SpringBig Holdings's annualized ROE % for the quarter that ended in Mar. 2024 was Negative Equity%.

The historical rank and industry rank for SpringBig Holdings's ROE % or its related term are showing as below:

SBIG's ROE % is not ranked *
in the Software industry.
Industry Median: 3.23
* Ranked among companies with meaningful ROE % only.

SpringBig Holdings ROE % Historical Data

The historical data trend for SpringBig Holdings's ROE % 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.

SpringBig Holdings ROE % Chart

SpringBig Holdings Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
ROE %
-86.15 -26.14 -82.23 -3,147.05 -

SpringBig Holdings Quarterly Data
Dec19 Dec20 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
ROE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - Negative Equity

Competitive Comparison of SpringBig Holdings's ROE %

For the Software - Application subindustry, SpringBig Holdings's ROE %, along with its competitors' market caps and ROE % 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.


SpringBig Holdings's ROE % Distribution in the Software Industry

For the Software industry and Technology sector, SpringBig Holdings's ROE % distribution charts can be found below:

* The bar in red indicates where SpringBig Holdings's ROE % falls into.



SpringBig Holdings ROE % Calculation

SpringBig Holdings's annualized ROE % for the fiscal year that ended in Dec. 2023 is calculated as

ROE %=Net Income (A: Dec. 2023 )/( (Total Stockholders Equity (A: Dec. 2022 )+Total Stockholders Equity (A: Dec. 2023 ))/ count )
=-10.233/( (-3.628+-8.674)/ 2 )
=-10.233/-6.151
=N/A %

SpringBig Holdings's annualized ROE % for the quarter that ended in Mar. 2024 is calculated as

ROE %=Net Income (Q: Mar. 2024 )/( (Total Stockholders Equity (Q: Dec. 2023 )+Total Stockholders Equity (Q: Mar. 2024 ))/ count )
=1.668/( (-8.674+-8.025)/ 2 )
=1.668/-8.3495
=Negative Equity %

* 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.

In the calculation of annual ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Mar. 2024) net income data. ROE % is displayed in the 30-year financial page.

* Note that if the average Total Stockholders Equity is zero or negative, then ROE % would be considered meaningless and hence not be calculated.


SpringBig Holdings  (OTCPK:SBIG) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Mar. 2024 )
=Net Income/Total Stockholders Equity
=1.668/-8.3495
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(1.668 / 25.896)*(25.896 / 7.0915)*(7.0915 / -8.3495)
=Net Margin %*Asset Turnover*Equity Multiplier
=6.44 %*3.6517*N/A
=ROA %*Equity Multiplier
=23.52 %*N/A
=Negative Equity %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Mar. 2024 )
=Net Income/Total Stockholders Equity
=1.668/-8.3495
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (1.668 / 1.668) * (1.668 / -1.128) * (-1.128 / 25.896) * (25.896 / 7.0915) * (7.0915 / -8.3495)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1 * -1.4787 * -4.36 % * 3.6517 * N/A
=Negative Equity %

Note: The net income data used here is four times the quarterly (Mar. 2024) net income data. The Revenue data used here is four times the quarterly (Mar. 2024) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* 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.


Be Aware

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.


SpringBig Holdings ROE % Related Terms

Thank you for viewing the detailed overview of SpringBig Holdings's ROE % provided by GuruFocus.com. Please click on the following links to see related term pages.


SpringBig Holdings (SpringBig Holdings) Business Description

Traded in Other Exchanges
N/A
Address
621 North West 53rd Street, Suite 250, Boca Raton, FL, USA, 33487
SpringBig Holdings Inc is a software platform providing customer loyalty and marketing automation solutions to cannabis retailers and brands in the U.S. and Canada. The company's platform connects consumers with retailers and brands, through SMS marketing, emails, customer feedback system, and loyalty programs, to support retailers' and brands' customer engagement and retention.
Executives
Paul Sykes officer: Chief Financial Officer 621 NW 53RD STREET, SUITE 250, BOCA RATON FL 33487
Jeffrey Todd Harris director, 10 percent owner, officer: Chief Executive Officer 621 NW 53RD STREET, SUITE 260, BOCA RATON FL 33487
Steven E Bernstein director C/O SBA COMMUNICATIONS CORP, ONE TOWN CENTER ROAD - THIRD FLOOR, BOCO RATON FL 83486
Jonathan Trauben director 621 NW 53RD STREET, SUITE 250, BOCA RATON FL 33487
Patricia Glassford director 621 NW 53RD STREET, SUITE 250, BOCA RATON FL 33487
Philip Schwarz director C/O CORAZON CAPITAL, 1322 WEST HENDERSON STREET, CHICAGO IL 60657
Tuatara Capital Fund Ii, L.p. 10 percent owner 12 EAST 44TH STREET, 8FL, NEW YORK NY 10017
Medici Holdings V, Inc. 10 percent owner 621 NW 53RD STREET, SUITE 250, BOCA RATON FL 33487
Amanda Lannert director 621 NW 53RD STREET, SUITE 250, BOCA RATON FL 33487
Navin Anand officer: Chief Technology Officer 621 NW 53RD STREET, SUITE 250, BOCA RATON FL 33487
Tcac Sponsor, Llc 10 percent owner TUATARA CAPITAL, L.P., 655 THIRD AVENUE, 8TH FL, NEW YORK NY 10017
Mark Zittman director, officer: Chief Operating Officer TUATARA CAPITAL, L.P., 655 THIRD AVENUE, 8TH FL, NEW YORK NY 10017
Sergey Sherman officer: Chief Financial Officer TUATARA CAPITAL, L.P., 655 THIRD AVENUE, 8TH FL, NEW YORK NY 10017
Albert John Foreman director, officer: Chief Executive Officer TUATARA CAPITAL, L.P., 655 THIRD AVENUE, 8TH FL, NEW YORK NY 10017
Aris Kekedjian director 655 THIRD AVENUE, 8TH FLOOR, 10017 NY 10017