Infobird Co (Infobird Co) EBIT : $-14.73 Mil (TTM As of Jun. 2023)

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What is Infobird Co EBIT?

Infobird Co's earnings before interest and taxes (EBIT) for the six months ended in Jun. 2023 was $-0.77 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2023 was $-14.73 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Infobird Co's annualized ROC % for the quarter that ended in Jun. 2023 was -8.26%. Infobird Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2023 was -1,493.20%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Infobird Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2023 was -1,748.81%.

Infobird Co EBIT Historical Data

The historical data trend for Infobird Co'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.

Infobird Co EBIT Chart

Infobird Co Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

EBIT

3.09

6.19

4.56

-13.78

-14.81

Infobird Co Semi-Annual Data
	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
EBIT	Get a 7-Day Free Trial					-6.02	-7.76	-0.86	-13.96	-0.77

Competitive Comparison of Infobird Co's EBIT

For the Software - Application subindustry, Infobird Co'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.

Infobird Co's EV-to-EBIT Distribution in the Software Industry

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

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

Infobird Co 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 Jun. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $-14.73 Mil.

Infobird Co (NAS:IFBD) EBIT Explanation

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

Infobird Co's annualized ROC % for the quarter that ended in Jun. 2023 is calculated as:

	ROC % (Q: Jun. 2023 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Dec. 2022 )	+	Invested Capital (Q: Jun. 2023 ))	/ count )
=	-1.71 * ( 1 - 0% )	/	( (8.309	+	33.085)	/ 2 )
=	-1.71	/	20.697
=	-8.26 %

where

	Invested Capital		(Q: Dec. 2022 )
=	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	))
=	16.634	-	5.057	-	( 7.743	-	max(0, 10.106	-	13.374	+	7.743	))
=	8.309

	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	))
=	33.088	-	0	-	( 0.003	-	max(0, 24.28	-	32.925	+	0.003	))
=	33.085

Note: The Operating Income data used here is two times the semi-annual (Jun. 2023) data.

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

Infobird Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2023 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Jun. 2023 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Dec. 2022		Q: Jun. 2023
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-1.538	/	( ( (0.206 + max(-1.017, 0))	+	(0 + max(-16.352, 0)) )	/	2 )
=	-1.538	/	( ( 0.206	+	0 )	/	2 )
=	-1.538	/	0.103
=	-1,493.20 %

where Working Capital is:

	Working Capital		(Q: Dec. 2022 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0.402	+	0	+	5.099)	-	(5.057	+	1.46	+	0.00099999999999945)
=	-1.017

	Working Capital		(Q: Jun. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	7.928)	-	(0	+	0	+	24.28)
=	-16.352

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Jun. 2023) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Jun. 2023 )
	=	-14.725	/	0.842
	=	-1,748.81 %

Infobird Co EBIT Related Terms

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Infobird Co (Infobird Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Infobird Co Ltd (NAS:IFBD) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 1 Courtyard, Lize Zhongyi Road, Boya International Center, Building 2, Room 12A06, Block A, Chaoyang District, Beijing, CHN, 100102

Website

https://www.infobird.com

Infobird Co Ltd is engaged in developing and providing customer engagement cloud-based services. It software-as-a-service, provider of innovative AI-powered, or artificial intelligence enabled, customer engagement solutions in China. It provides holistic software solutions to help corporate clients proactively deliver and manage end-to-end customer engagement activities at all stages of the sales process including pre-sales and sales activities and post-sales customer support. It also offer AI-powered cloud-based sales force management software including intelligent quality inspection and intelligent training software to help clients monitor, benchmark and improve the performances of agents.