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Aterian (Aterian) EBIT : $-52.8 Mil (TTM As of Mar. 2024)


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What is Aterian EBIT?

Aterian's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was $-4.7 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was $-52.8 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Aterian's annualized ROC % for the quarter that ended in Mar. 2024 was -75.09%. Aterian's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -118.08%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Aterian's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -370.27%.


Aterian EBIT Historical Data

The historical data trend for Aterian'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.

Aterian EBIT Chart

Aterian Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial -54.23 -58.04 -222.24 -193.97 -73.31

Aterian 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 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 -25.18 -34.22 -5.69 -8.21 -4.70

Competitive Comparison of Aterian's EBIT

For the Furnishings, Fixtures & Appliances subindustry, Aterian'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.


Aterian's EV-to-EBIT Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Aterian's EV-to-EBIT distribution charts can be found below:

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



Aterian 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 $-52.8 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.


Aterian  (NAS:ATER) EBIT Explanation

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

Aterian'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 )
=-21.112 * ( 1 - -1.39% )/( (29.952 + 27.064)/ 2 )
=-21.4054568/28.508
=-75.09 %

where

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

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

Aterian'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 )
=-18.792/( ( (0.775 + max(16.313, 0)) + (0.748 + max(13.993, 0)) )/ 2 )
=-18.792/( ( 17.088 + 14.741 )/ 2 )
=-18.792/15.9145
=-118.08 %

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)
=(4.225 + 20.39 + 4.998) - (11.894 + 0 + 1.406)
=16.313

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(2.382 + 18.52 + 5.138) - (11.065 + 0 + 0.982)
=13.993

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=-52.826/14.267
=-370.27 %

* 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.


Aterian EBIT Related Terms

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Aterian (Aterian) Business Description

Traded in Other Exchanges
Address
37 East 18th Street, 7th Floor, New York, NY, USA, 10003
Aterian Inc is a technology-enabled consumer products company. Its product categories include home and kitchen appliances, kitchenware, environmental appliances (dehumidifiers and air conditioners), beauty-related products and, consumer electronics. It has various owned and operated brands including Vremi, Healing Solutions, Xtava, TRUWEO, Spiralize, Pohl+Schmitt, and RIF6. The company generates revenue through the online sales of various consumer products that are sold online.
Executives
Bari A Harlam director C/O MOHAWK GROUP HOLDINGS, INC., 37 EAST 18TH STREET, 7TH FLOOR, NEW YORK NY 10003
Roi Zion Zahut officer: Chief Technology Officer C/O MOHAWK GROUP HOLDINGS, INC., 37 EAST 18TH STREET, 7TH FLOOR, NEW YORK NY 10003
William Kurtz director NOVELLUS SYSTEMS, INC., 4000 NORTH FIRST STREET, SAN JOSE CA 95134
Sarah Liebel director 1STDIBS.COM, INC., 51 ASTOR PLACE, 3RD FLOOR, NEW YORK NY 10003
Phillip Lepper officer: Chief Revenue Officer 21908 N SPOTTED RD, DEER PARK WA 990006
Yaniv Zion Sarig director, 10 percent owner, officer: See Remarks C/O MOHAWK GROUP HOLDINGS, INC., 37 EAST 18TH STREET, 7TH FLOOR, NEW YORK NY 10003
Arturo Rodriguez officer: Chief Financial Officer C/O ATARI, INC., 417 FIFTH AVENUE, NEW YORK NY 10016
Joseph A Risico officer: General Counsel C/O MOHAWK GROUP HOLDINGS, INC., 37 EAST 18TH STREET, 7TH FLOOR, NEW YORK NY 10003
Mihal Chaouat-fix officer: Chief Product Officer C/O MOHAWK GROUP HOLDINGS, INC., 37 EAST 18TH STREET, 7TH FLOOR, NEW YORK NY 10003
Rueden Anton Von officer: COO C/O ATERIAN, INC., 37 EAST 18TH STREET, 7TH FLOOR, NEW YORK NY 10003
Cynthia W Williams director C/O WIZARDS OF THE COAST LLC, 1600 LIND AVENUE, SW, STE 400, RENTON WA 98055
Susan E. Lattmann director C/O BED BATH & BEYOND INC., 650 LIBERTY AVENUE, UNION NJ 07083
Tomer Pascal officer: Chief Revenue Officer C/O MOHAWK GROUP HOLDINGS, INC., 37 EAST 18TH STREET, 7TH FLOOR, NEW YORK NY 10003
9830 Macarthur Llc 10 percent owner 30 N. GOULD ST, SUITE R, SHERIDAN WY 82801
Walter Amy Von director C/O MOHAWK GROUP HOLDINGS, INC., 37 EAST 18TH STREET, 7TH FLOOR, NEW YORK NY 10003