Rivalry (Rivalry) EBIT : $-20.38 Mil (TTM As of Sep. 2023)

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What is Rivalry EBIT?

Rivalry's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2023 was $-4.17 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2023 was $-20.38 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Rivalry's annualized ROC % for the quarter that ended in Sep. 2023 was -685.29%. Rivalry's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was -928.10%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Rivalry's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was -49.02%.

Rivalry EBIT Historical Data

The historical data trend for Rivalry'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.

Rivalry EBIT Chart

Rivalry Annual Data

Trend

Dec20

Dec21

Dec22

EBIT

-5.38

-18.98

-22.91

Rivalry Quarterly Data
	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
EBIT	Get a 7-Day Free Trial								-4.48	-9.09	-2.38	-4.75	-4.17

Competitive Comparison of Rivalry's EBIT

For the Gambling subindustry, Rivalry'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.

Rivalry's EV-to-EBIT Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Rivalry's EV-to-EBIT distribution charts can be found below:

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

Rivalry 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 Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-20.38 Mil.

Rivalry (OTCPK:RVLCF) EBIT Explanation

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

Rivalry's annualized ROC % for the quarter that ended in Sep. 2023 is calculated as:

	ROC % (Q: Sep. 2023 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Jun. 2023 )	+	Invested Capital (Q: Sep. 2023 ))	/ count )
=	-15.58 * ( 1 - 0% )	/	( (2.459	+	2.088)	/ 2 )
=	-15.58	/	2.2735
=	-685.29 %

where

	Invested Capital		(Q: Jun. 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	))
=	11.935	-	2.688	-	( 6.788	-	max(0, 2.831	-	10.886	+	6.788	))
=	2.459

	Invested Capital		(Q: Sep. 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	))
=	6.712	-	1.869	-	( 2.755	-	max(0, 2.012	-	5.704	+	2.755	))
=	2.088

Note: The Operating Income data used here is four times the quarterly (Sep. 2023) data.

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

Rivalry's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2023 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Sep. 2023 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Jun. 2023		Q: Sep. 2023
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-16.664	/	( ( (0.568 + max(1.41, 0))	+	(0.533 + max(1.08, 0)) )	/	2 )
=	-16.664	/	( ( 1.978	+	1.613 )	/	2 )
=	-16.664	/	1.7955
=	-928.10 %

where Working Capital is:

	Working Capital		(Q: Jun. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	4.098)	-	(2.688	+	0	+	0)
=	1.41

	Working Capital		(Q: Sep. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	2.949)	-	(1.869	+	0	+	0)
=	1.08

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Sep. 2023) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Sep. 2023 )
	=	-20.382	/	41.580
	=	-49.02 %

Rivalry EBIT Related Terms

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Rivalry (Rivalry) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Rivalry Corp (OTCPK:RVLCF) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

RVLY:Canada

Address

116 Spadina Avenue, Suite 701, Toronto, ON, CAN, M5V 2K6

Website

https://www.rivalry.com

Rivalry Corp is a Canada based company. The company operates in the Sportsbook segment and Gaming segment. Sportsbook generates revenues from esports and traditional sports betting. Gaming segment revenues are earned from originally developed and third-party casino products such as Rushlane and Aviator.