Duos Technologies Group (Duos Technologies Group) EBIT : $-11.84 Mil (TTM As of Mar. 2024)

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What is Duos Technologies Group EBIT?

Duos Technologies Group's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was $-2.75 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was $-11.84 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Duos Technologies Group's annualized ROC % for the quarter that ended in Mar. 2024 was -116.35%. Duos Technologies Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -197.17%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Duos Technologies Group's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -62.58%.

Duos Technologies Group EBIT Historical Data

The historical data trend for Duos Technologies Group'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.

Duos Technologies Group EBIT Chart

Duos Technologies Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

EBIT

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-2.40

-6.60

-5.99

-6.86

-11.24

Duos Technologies Group Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
EBIT	Get a 7-Day Free Trial															-2.14	-2.99	-2.95	-3.16	-2.75

Competitive Comparison of Duos Technologies Group's EBIT

For the Software - Application subindustry, Duos Technologies Group'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.

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

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

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

Duos Technologies Group 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-11.84 Mil.

Duos Technologies Group (NAS:DUOT) EBIT Explanation

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

Duos Technologies Group's annualized ROC % for the quarter that ended in Mar. 2024 is calculated as:

	ROC % (Q: Mar. 2024 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Dec. 2023 )	+	Invested Capital (Q: Mar. 2024 ))	/ count )
=	-11.044 * ( 1 - 0% )	/	( (9.64	+	9.344)	/ 2 )
=	-11.044	/	9.492
=	-116.35 %

where

	Invested Capital		(Q: Dec. 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	))
=	12.842	-	0.76	-	( 2.442	-	max(0, 3.247	-	6.257	+	2.442	))
=	9.64

	Invested Capital		(Q: Mar. 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	))
=	12.742	-	0.42	-	( 2.978	-	max(0, 3.081	-	6.387	+	2.978	))
=	9.344

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

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

Duos Technologies Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Mar. 2024 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Dec. 2023		Q: Mar. 2024
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-11.008	/	( ( (5.1 + max(0.747, 0))	+	(4.935 + max(0.384, 0)) )	/	2 )
=	-11.008	/	( ( 5.847	+	5.319 )	/	2 )
=	-11.008	/	5.583
=	-197.17 %

where Working Capital is:

	Working Capital		(Q: Dec. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(1.462	+	1.526	+	0.185)	-	(0.76	+	1.666	+	0)
=	0.747

	Working Capital		(Q: Mar. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0.596	+	1.502	+	0.399)	-	(0.42	+	1.693	+	0)
=	0.384

When net working capital is negative, 0 is used.

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

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

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

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Mar. 2024 )
	=	-11.844	/	18.925
	=	-62.58 %

Duos Technologies Group EBIT Related Terms

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Duos Technologies Group (Duos Technologies Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Duos Technologies Group Inc (NAS:DUOT) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

7660 Centurion Parkway, Suite 100, Jacksonville, FL, USA, 32256

Website

https://www.duostech.com

Duos Technologies Group Inc operating under its brand name duostech, designs, develops, deploys and operates intelligent technology solutions supporting rail, logistics and intermodal businesses that streamline operations, improve safety and reduce costs. The company's main offering, the Railcar Inspection Portal (RIP), provides both freight and transit railroad customers and select government agencies the ability to conduct fully automated railcar inspections of trains while they are moving at full speed. It has also developed the Automated Logistics Information System (ALIS) which automates gatehouse operations where transport trucks enter and exit large logistics and intermodal facilities. Its segments are Rail, Commercial, Petrochemical, Governments, Banking, IT Suppliers, and AI.

Executives

Frank A Lonegro	director	500 WATER STREET, JACKSONVILLE FL 32202
James Craig Nixon	director	7859 SOUTHDOWN ROAD, ALEXANDRIA VA 22308
Kenneth S Ehrman	director	C/O ID SYSTEMS INC, ONE UNIVERSITY PLAZA, HACKENSACK NJ 07601
Ned Mavrommatis	director	C/O ID SYSTEMS INC, ONE UNIVERSITY PLAZA, HACKENSACK NJ 07601
Andrew Winslow Murphy	officer: CFO	C/O DUOS TECHNOLOGIES, 7660 CENTURION PKWY, STE 100, JACKSONVILLE FL 32256
Adrian Graham Goldfarb	other: Former CFO	7660 CENTURION PARKWAY, SUITE 100, JACKSONVILLE FL 32256
Norman H Pessin	10 percent owner	C/O LEVY, HARKINS & CO., INC., 366 MADISON AVENUE, 14TH FLOOR, NEW YORK NY 10017
Charles Parker Ferry	director, officer: Chief Executive Officer	6622 SOUTHPOINT DRIVE SOUTH, SUITE 310, JACKSONVILLE FL 32216
Bleichroeder Lp	10 percent owner	1345 AVENUE OF THE AMERICAS, 47TH FLOOR, NEW YORK NY 10105
Edmond L Harris	director	500 WATER STREET, JACKSONVILLE FL 32202
Gianni B Arcaini	director, officer: Chairman & CEO	6622 SOUTHPOINT DRIVE SOUTH, SUITE 310, JACKSONVILLE FL 32216
21 April Fund, Ltd.	10 percent owner	Citco Fund Services (Cayman Islands) Ltd, Regatta Office Park West Bay Road, GRAND CAYMAN E9 KY1-1205
Brian L. Pessin	10 percent owner	310 EAST 75TH STREET, APT. 2A, NEW YORK NY 10021
Sandra F Pessin	10 percent owner	C/O NORMAN PESSIN, 366 MADISON AVENUE, 14TH FLOOR, NEW YORK NY 10017
Weeks Connie L.	officer: Chief Accounting Officer	6858 PLUM LAKE LN. E., JACKSONVILLE FL 32222