Engagesmart (Engagesmart) EBIT : $45.2 Mil (TTM As of Sep. 2023)

View and export this data going back to 2021. Start your Free Trial

What is Engagesmart EBIT?

Engagesmart's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2023 was $18.0 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2023 was $45.2 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Engagesmart's annualized ROC % for the quarter that ended in Sep. 2023 was 1.72%. Engagesmart's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was 171.48%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Engagesmart's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was 1.28%.

Engagesmart EBIT Historical Data

The historical data trend for Engagesmart'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.

Engagesmart EBIT Chart

Engagesmart Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

EBIT

0.60

-1.36

19.87

Engagesmart Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
EBIT	Get a 7-Day Free Trial									5.83	6.70	8.36	12.16	18.00

Competitive Comparison of Engagesmart's EBIT

For the Software - Infrastructure subindustry, Engagesmart'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.

Engagesmart's EV-to-EBIT Distribution in the Software Industry

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

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

Engagesmart 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 $45.2 Mil.

Engagesmart (NYSE:ESMT) EBIT Explanation

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

Engagesmart'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 )
=	15.224 * ( 1 - 35.46% )	/	( (570.456	+	570.453)	/ 2 )
=	9.8255696	/	570.4545
=	1.72 %

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	))
=	902.072	-	18.991	-	( 332.831	-	max(0, 50.902	-	363.527	+	332.831	))
=	570.456

	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	))
=	929.71	-	21.876	-	( 366.034	-	max(0, 59.117	-	396.498	+	366.034	))
=	570.453

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

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

Engagesmart'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 )
=	72	/	( ( (42.169 + max(-21.007, 0))	+	(41.808 + max(-30.532, 0)) )	/	2 )
=	72	/	( ( 42.169	+	41.808 )	/	2 )
=	72	/	41.9885
=	171.48 %

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)
=	(11.543	+	0	+	13.476)	-	(18.991	+	8.924	+	18.111)
=	-21.007

	Working Capital		(Q: Sep. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(10.672	+	0	+	13.076)	-	(21.876	+	10.27	+	22.134)
=	-30.532

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:

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

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Sep. 2023 )
	=	45.222	/	3542.587
	=	1.28 %

Engagesmart EBIT Related Terms

Thank you for viewing the detailed overview of Engagesmart's EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.

Engagesmart (Engagesmart) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Engagesmart Inc (NYSE:ESMT) » Definitions » EBIT

Comparable Companies

HCP EEFT SQSP VRNS FIVN BOX TDC FLYW STNE WIX MSFT ORCL ADBE PANW SNPS VMW FTNT CRWD PLTR SQ

Traded in Other Exchanges

N/A

Address

30 Braintree Hill Office Park, Suite 101, Braintree, MA, USA, 02184

Website

https://www.engagesmart.com

Engagesmart Inc is a provider of vertically tailored customer engagement software and integrated payments capabilities. It offers single instance, multi-tenant, true Software-as-a-Service vertical solutions that are designed to simplify customers' engagement with clients by driving digital adoption and self-service. Its operating segments include Enterprise Solutions and SMB Solution.

Executives

Kevin William O'brien	officer: See Remarks	C/O ENGAGESMART, LLC, 30 BRAINTREE HILL OFFICE PARK, SUITE 101, BRAINTREE MA 02184
Seltzer Jonathan Cole	officer: President, SMB Solutions	C/O ENGAGESMART, LLC, 30 BRAINTREE HILL OFFICE PARK, SUITE 101, BRAINTREE MA 02184
Patrick F Donovan	officer: Chief Accounting Officer	C/O ENGAGESMART, LLC, 30 BRAINTREE HILL OFFICE PARK, SUITE 101, BRAINTREE MA 02184
Robert Paul Bennett	director, officer: Chief Executive Officer	C/O ENGAGESMART, LLC, 30 BRAINTREE HILL OFFICE PARK, SUITE 101, BRAINTREE MA 02184
Cassandra Hudson	officer: Chief Financial Officer	C/O CARBONITE, INC., 2 AVENUE DE LAFAYETTE, BOSTON MA 02111
General Atlantic Partners (bermuda) Eu, L.p.	10 percent owner	C/O GENERAL ATLANTIC SERVICE COMPANY LP, 55 EAST 52ND STREET, 33RD FLOOR, NEW YORK NY 10055
General Atlantic, L.p.	director, 10 percent owner	55 EAST 52ND STREET, 33RD FLOOR, NEW YORK NY 10055
Summit Partners Growth Equity Fund Viii-a, L.p.	10 percent owner	222 BERKELEY STREET, 18TH FLOOR, BOSTON MA 02116
General Atlantic Genpar (bermuda), L.p.	director, 10 percent owner	C/O GENERAL ATLANTIC SERVICE COMPANY,LLC, 55 EAST 52ND ST. 32ND FLOOR, NEW YORK NY 10055
Scott C Collins	10 percent owner	C/O SUMMIT PARTNERS, 222 BERKELEY ST 18TH FL, BOSTON MA 02116
General Atlantic Genpar, L.p.	director, 10 percent owner	55 EAST 52ND STREET, 32ND FLOOR, NEW YORK NY 10055
Diego A Rodriguez	director	C/O ENGAGESMART, LLC, 30 BRAINTREE HILL OFFICE PARK, SUITE 101, BRAINTREE MA 02184
Scott N Semel	officer: General Counsel
Summit Partners Entrepreneur Advisors Fund I, L.p.	10 percent owner	222 BERKELEY STREET, 18TH FLOOR, BOSTON MA 02116
Raphael Osnoss	director	C/O ALKAMI TECHNOLOGY, INC., 5601 GRANITE PARKWAY, SUITE 120, PLANO TX 75024