GEX Management (GEX Management) EBIT : $0.84 Mil (TTM As of Dec. 2023)

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What is GEX Management EBIT?

GEX Management's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was $0.59 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was $0.84 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. GEX Management's annualized ROC % for the quarter that ended in Dec. 2023 was -73.55%. GEX Management's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 2,030.77%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. GEX Management's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 32.42%.

GEX Management EBIT Historical Data

The historical data trend for GEX Management'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.

GEX Management EBIT Chart

GEX Management Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

EBIT

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0.12

-0.10

-46.18

44.40

0.83

GEX Management 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															44.86	0.01	0.04	0.20	0.59

Competitive Comparison of GEX Management's EBIT

For the Staffing & Employment Services subindustry, GEX Management'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.

GEX Management's EV-to-EBIT Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, GEX Management's EV-to-EBIT distribution charts can be found below:

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

GEX Management 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 $0.84 Mil.

GEX Management (OTCPK:GXXM) EBIT Explanation

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

GEX Management'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 )
=	-1.268 * ( 1 - 0% )	/	( (0.234	+	3.214)	/ 2 )
=	-1.268	/	1.724
=	-73.55 %

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	))
=	0.633	-	0.292	-	( 0.107	-	max(0, 0.496	-	0.633	+	0.107	))
=	0.234

	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	))
=	0.499	-	1.474	-	( 0.018	-	max(0, 4.688	-	0.499	+	0.018	))
=	3.214

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

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

GEX Management'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 )
=	2.376	/	( ( (0 + max(0.234, 0))	+	(0 + max(-1.842, 0)) )	/	2 )
=	2.376	/	( ( 0.234	+	0 )	/	2 )
=	2.376	/	0.117
=	2,030.77 %

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)
=	(0.48	+	0	+	0.046)	-	(0.292	+	0	+	0)
=	0.234

	Working Capital		(Q: Dec. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0.481	+	0	+	0)	-	(1.474	+	0	+	0.849)
=	-1.842

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:

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

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Dec. 2023 )
	=	0.839	/	2.588
	=	32.42 %

GEX Management EBIT Related Terms

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GEX Management (GEX Management) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » GEX Management Inc (OTCPK:GXXM) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

3662 West Camp Wisdom Road, Dallas, TX, USA, 75237

Website

https://www.gexmanagement.com

GEX Management Inc is engaged in the business of providing business management and human resources solutions for small to midsize businesses. The company also provides staffing and back-office services to a wide variety of industries, and it earns revenue from its management consulting services.

Executives

Srikumar Vanamali	director, 10 percent owner, officer: Interim CEO & Exec Director	12001 N CENTRAL EXPY, #825, DALLAS TX 75243
Shaheed Bailey	director, 10 percent owner, officer: Interim Chief Invstmt Officer	39 F BROOKSIDE DRIVE, CLIFTON NJ 07054
Clayton Carter	director, 10 percent owner, officer: Chief Financial Officer	325 N. ST. PAUL STREET, SUITE 1350, DALLAS TX 75201
Chelsea Christopherson	director, 10 percent owner, officer: Chief Operating Officer	10931 STONE CANYON ROAD, APT 229, DALLAS TX 75243
Carl Dorvil	director, 10 percent owner, officer: Chariman of the Board & CEO	1411 NEWCASTLE, ROCKWALL TX 75032