Fintech Scion (Fintech Scion) EBIT : $-1.67 Mil (TTM As of Dec. 2023)

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What is Fintech Scion EBIT?

Fintech Scion's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was $-0.90 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was $-1.67 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Fintech Scion's annualized ROC % for the quarter that ended in Dec. 2023 was -9.99%. Fintech Scion's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -9,144.30%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Fintech Scion's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -0.79%.

Fintech Scion EBIT Historical Data

The historical data trend for Fintech Scion'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.

Fintech Scion EBIT Chart

Fintech Scion Annual Data

Trend

Oct14

Oct15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

EBIT

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-0.51

-0.16

-0.45

0.78

-1.68

Fintech Scion Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
EBIT	Get a 7-Day Free Trial															1.31	-0.02	-0.36	-0.39	-0.90

Competitive Comparison of Fintech Scion's EBIT

For the Software - Infrastructure subindustry, Fintech Scion'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.

Fintech Scion's EV-to-EBIT Distribution in the Software Industry

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

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

Fintech Scion 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-1.67 Mil.

Fintech Scion (OTCPK:FINR) EBIT Explanation

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

Fintech Scion's annualized ROC % for the quarter that ended in Dec. 2023 is calculated as:

	ROC % (Q: Dec. 2023 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Sep. 2023 )	+	Invested Capital (Q: Dec. 2023 ))	/ count )
=	-3.612 * ( 1 - -0.41% )	/	( (55.877	+	16.731)	/ 2 )
=	-3.6268092	/	36.304
=	-9.99 %

where

	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	))
=	60.489	-	2.046	-	( 3.725	-	max(0, 2.046	-	4.612	+	3.725	))
=	55.877

	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	))
=	21.078	-	2.756	-	( 3.766	-	max(0, 2.756	-	4.347	+	3.766	))
=	16.731

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

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

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

	ROC (Joel Greenblatt) %		(Q: Dec. 2023 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Sep. 2023		Q: Dec. 2023
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-3.612	/	( ( (0.04 + max(-1.389, 0))	+	(0.039 + max(-2.47, 0)) )	/	2 )
=	-3.612	/	( ( 0.04	+	0.039 )	/	2 )
=	-3.612	/	0.0395
=	-9,144.30 %

where Working Capital is:

	Working Capital		(Q: Sep. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0.541	+	0.014	+	0.102)	-	(2.046	+	0	+	0)
=	-1.389

	Working Capital		(Q: Dec. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0.06	+	0.012	+	0.214)	-	(2.756	+	0	+	0)
=	-2.47

When net working capital is negative, 0 is used.

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

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

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

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Dec. 2023 )
	=	-1.671	/	212.838
	=	-0.79 %

Fintech Scion EBIT Related Terms

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Fintech Scion (Fintech Scion) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Fintech Scion Ltd (OTCPK:FINR) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

Portman House, 2 Portman Street, London, GBR, W1H 6DU

Website

https://www.fintechcashier.com

Fintech Scion Ltd Formerly HWGC Holdings Ltd offers digital banking services by providing the tools, skills and solutions to facilitate payment services to merchants, offering a variety of secured, online and fully managed transactions and settlements. It provides a financial layered ecosystem built on a broad technology infrastructure that enables financial institutions to offer a consolidated experience. The Company support different verticals serving the business-to-business, business-to-consumer and consumer-to-business landscape.

Executives

Shalom Dodoun	10 percent owner	PORTMAN HOUSE, 2 PORTMAN STREET,, LONDON X0 W1H 6DU
Lip Bin Mok	director	37, JALAN BUKIT MALURI 14, TAMAN BUKIT MALURI, FEDERAL TERRITORY KUALA LUMPUR N8 52100
Chun Hoo Lim	director, 10 percent owner	NO. 59, JALAN MANJA 5, VILLA MANJA, SUNWAY SPK DAMANSARA, FEDERAL TERRITORY KUALA LUMPUR N8 52200
Christine Kulbas	director	PORTMAN HOUSE, 2 PORTMAN STREET, 4TH FLOOR FINTECHCASHIER OFFICE, LONDON X0 W1H 6DU
Yee Ming Leong	director, officer: CHIEF EXECUTIVE OFFICER	C-7-11 OAKLEAF PARK CONDO, BUKIT ANTARABANGSA, AMPANG N8 68000
Lim Hui Sing	10 percent owner	NO.27, JLN DU 4/7, TAMAN DAMAI UTAMA, PUCHONG, SELANGOR N8 47180
Wee Kiat Lim	director, 10 percent owner, officer: SECRETARY & CHAIRMAN OF BOARD	NO. 22A JALAN PJU 3/16 B, DAMANSARA INDAH RESORT HOMES, PETALING JAYA N8 47410
Chun Yen Lim	10 percent owner	792 CAMERON EAST TOWER, BLK 3B, GASHING HEIGHTS CONDO, PETALING JAYA N8 46000
Chun Hoo Lim	director	59 JALAN MANJA 5, VILLA MANJA SUNWAY SPK, DAMANSARA, WILAYAH PERSEKUTUAN, KUALA LUMPUR N8 52200

Fintech Scion (Fintech Scion) Headlines

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