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BigCommerce Holdings (BigCommerce Holdings) EBIT : $-47.9 Mil (TTM As of Mar. 2024)


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What is BigCommerce Holdings EBIT?

BigCommerce Holdings's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was $-5.9 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was $-47.9 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. BigCommerce Holdings's annualized ROC % for the quarter that ended in Mar. 2024 was -21.69%. BigCommerce Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -101.61%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. BigCommerce Holdings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -7.14%.


BigCommerce Holdings EBIT Historical Data

The historical data trend for BigCommerce Holdings'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.

BigCommerce Holdings EBIT Chart

BigCommerce Holdings Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial -40.95 -34.43 -76.46 -138.56 -63.76

BigCommerce Holdings 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 -21.69 -18.63 -19.94 -3.50 -5.88

Competitive Comparison of BigCommerce Holdings's EBIT

For the Software - Application subindustry, BigCommerce Holdings'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.


BigCommerce Holdings's EV-to-EBIT Distribution in the Software Industry

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

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



BigCommerce Holdings 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 $-47.9 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.


BigCommerce Holdings  (NAS:BIGC) EBIT Explanation

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

BigCommerce Holdings'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 )
=-31.58 * ( 1 - -4.75% )/( (148.578 + 156.422)/ 2 )
=-33.08005/152.5
=-21.69 %

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))
=444.058 - 25.346 - ( 270.134 - max(0, 70.75 - 341.986+270.134))
=148.578

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))
=442.473 - 20.87 - ( 265.181 - max(0, 67.945 - 343.541+265.181))
=156.422

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

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

BigCommerce Holdings'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 )
=-23.516/( ( (14.638 + max(4.1909999999999, 0)) + (14.015 + max(13.445, 0)) )/ 2 )
=-23.516/( ( 18.829 + 27.46 )/ 2 )
=-23.516/23.1445
=-101.61 %

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)
=(37.713 + 0 + 34.139) - (25.346 + 32.242 + 10.073)
=4.1909999999999

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(39.302 + 0 + 39.058) - (20.87 + 34.81 + 9.235)
=13.445

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=-47.949/671.347
=-7.14 %

* 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.


BigCommerce Holdings EBIT Related Terms

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BigCommerce Holdings (BigCommerce Holdings) Business Description

Traded in Other Exchanges
Address
11305 Four Points Drive, Suite 100, Building II, Austin, TX, USA, 78726
BigCommerce Holdings Inc is engaged in offering Software-as-a-service (SaaS) e-commerce platform. The company's SaaS platform engages in the creation of online stores by delivering a combination of ease-of-use, enterprise functionality, and flexibility. It powers both the customers' branded ecommerce stores and their cross-channel connections to popular online marketplaces, social networks, and offline point-of-sale systems. The group operates in a single segment covering geographical areas of Americas-U.S.; Americas-other; EMEA; and APAC, of which a majority of revenue is generated from Americas-U.S.
Executives
Jeffrey Gordon Richards director 3000 SAND HILL ROAD, BUILDING 4, SUITE 230, MENLO PARK CA 94025
Steven Chung officer: President 11305 FOUR POINTS DR., BLDG. 2, SUITE 100, AUSTIN TX 78726
Lisa Pearson officer: Chief Marketing Officer 11305 FOUR POINTS DRIVE, BUILDING II, SUITE 100, AUSTIN TX 78726
Daniel Lentz officer: Chief Financial Officer 11305 FOUR POINT DRIVE, BUILDING II, SUITE 100, AUSTIN TX 78726
Hubert S Ban officer: Chief Accounting Officer 11305 FOUR POINTS DRIVE, BUILDING II, SUITE 100, AUSTIN TX 78726
Charles D Cassidy officer: General Counsel 11305 FOUR POINTS DRIVE, BUILDING II, SUITE 100, AUSTIN TX 78726
Brent Bellm director, officer: See Remarks 11305 FOUR POINTS DRIVE, BUILDING II, THIRD FLOOR, AUSTIN TX 78726
Brian Singh Dhatt officer: Chief Technology Officer 11305 FOUR POINTS DRIVE, BLDG. II, THIRD FLOOR, AUSTIN TX 78726
Jeff Mengoli officer: See Remarks 11305 FOUR POINTS DRIVE, BUILDING II, THIRD FLOOR, AUSTIN TX 78726
Russell Scott Klein officer: Chief Commercial Officer 11305 FOUR POINTS DRIVE, BUILDING II, THIRD FLOOR, AUSTIN TX 78726
Marc Ostryniec officer: Chief Sales Officer 11305 FOUR POINTS DRIVE, BUILDING II, THIRD FLOOR, AUSTIN TX 78726
Robert Kaloustian officer: Chief Services Officer 11305 FOUR POINTS DRIVE, BLDG II, THIRD FLOOR, AUSTIN TX 78726
Robert Alvarez officer: Chief Financial Officer 11305 FOUR POINTS DRIVE, BUILDING II, SUITE 100, AUSTIN TX 78726
Sarah Gilligan director 11305 FOUR POINTS DRIVE, BUILDING II, SUITE 100, AUSTIN TX 78726
Satish Malhotra director C/O CONTAINER STORE GROUP, INC., 550 FREEPORT PARKWAY, COPPELL TX 75019