Exodus Movement (Exodus Movement) EBIT : $ Mil (TTM As of Mar. 2024)

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What is Exodus Movement EBIT?

Exodus Movement's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was $67.10 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Exodus Movement's annualized ROC % for the quarter that ended in Mar. 2024 was 134.34%. Exodus Movement's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 64,830.92%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield.

Exodus Movement EBIT Historical Data

The historical data trend for Exodus Movement'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.

Exodus Movement EBIT Chart

Exodus Movement Annual Data

Trend

EBIT

Exodus Movement Quarterly Data
	Mar23	Mar24
EBIT	0.96	67.10

Competitive Comparison of Exodus Movement's EBIT

For the Software - Infrastructure subindustry, Exodus Movement'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.

Exodus Movement's EV-to-EBIT Distribution in the Software Industry

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

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

Exodus Movement 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 $ Mil.

Exodus Movement (OTCPK:EXOD) EBIT Explanation

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

Exodus Movement'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: Mar. 2023 )	+	Invested Capital (Q: Mar. 2024 ))	/ count )
=	268.4 * ( 1 - 19.38% )	/	( (0	+	161.073)	/ 1 )
=	216.38408	/	161.073
=	134.34 %

where

	Invested Capital		(Q: Mar. 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	-	0	-	( 0	-	max(0, 0	-	0	+	0	))
=	0

	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	))
=	225.418	-	1.77	-	( 64.907	-	max(0, 10.768	-	73.343	+	64.907	))
=	161.073

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

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

Exodus Movement'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: Mar. 2023		Q: Mar. 2024
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	268.4	/	( ( (0 + max(0, 0))	+	(0.414 + max(-2.332, 0)) )	/	1 )
=	268.4	/	( ( 0	+	0.414 )	/	1 )
=	268.4	/	0.414
=	64,830.92 %

where Working Capital is:

	Working Capital		(Q: Mar. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0)	-	(0	+	0	+	0)
=	0

	Working Capital		(Q: Mar. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(6.605	+	0	+	1.831)	-	(1.77	+	0	+	8.998)
=	-2.332

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:

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

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Mar. 2024 )
	=		/	278.285
	=	%

Exodus Movement EBIT Related Terms

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Exodus Movement (Exodus Movement) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Exodus Movement Inc (OTCPK:EXOD) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

15418 Weir Street, Suite 333, Omaha, NE, USA, 68137

Website

https://www.exodus.com

Exodus Movement Inc is a self-custodial platform that connects people with the world of decentralized finance and the power of the blockchain. Available for desktop and mobile, it allows users to secure, manage and exchange cryptocurrencies like Bitcoin, Ethereum. Geographical presence in Europe, United States, the Middle East, and Africa (EMEA); Asia-Pacific (APAC); and Canada and Latin America (Other Americas).