Issuer Direct (Issuer Direct) EBIT : $1.79 Mil (TTM As of Mar. 2024)

View and export this data going back to 1994. Start your Free Trial

What is Issuer Direct EBIT?

Issuer Direct's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was $-0.05 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was $1.79 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Issuer Direct's annualized ROC % for the quarter that ended in Mar. 2024 was -0.37%. Issuer Direct's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -14.12%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Issuer Direct's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 3.43%.

Issuer Direct EBIT Historical Data

The historical data trend for Issuer Direct'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.

Issuer Direct EBIT Chart

Issuer Direct Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

EBIT

Get a 7-Day Free Trial

0.47

2.69

3.74

2.67

2.43

Issuer Direct 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															0.58	1.75	0.59	-0.50	-0.05

Competitive Comparison of Issuer Direct's EBIT

For the Software - Application subindustry, Issuer Direct'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.

Issuer Direct's EV-to-EBIT Distribution in the Software Industry

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

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

Issuer Direct 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 $1.79 Mil.

Issuer Direct (AMEX:ISDR) EBIT Explanation

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

Issuer Direct'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 )
=	-0.208 * ( 1 - -13.01% )	/	( (63.06	+	62.856)	/ 2 )
=	-0.2350608	/	62.958
=	-0.37 %

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	))
=	65.152	-	3.238	-	( 5.714	-	max(0, 12.65	-	11.504	+	5.714	))
=	63.06

	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	))
=	64.371	-	3.631	-	( 5.399	-	max(0, 13.215	-	11.099	+	5.399	))
=	62.856

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

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

Issuer Direct'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 )
=	-0.208	/	( ( (1.517 + max(-3.092, 0))	+	(1.43 + max(-3.728, 0)) )	/	2 )
=	-0.208	/	( ( 1.517	+	1.43 )	/	2 )
=	-0.208	/	1.4735
=	-14.12 %

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)
=	(4.368	+	0	+	1.19)	-	(3.238	+	5.412	+	1.7763568394003E-15)
=	-3.092

	Working Capital		(Q: Mar. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(4.201	+	0	+	1.286)	-	(3.631	+	5.584	+	0)
=	-3.728

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:

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

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Mar. 2024 )
	=	1.792	/	52.275
	=	3.43 %

Issuer Direct EBIT Related Terms

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

Issuer Direct (Issuer Direct) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Issuer Direct Corp (AMEX:ISDR) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

IDE:Germany

Address

One Glenwood Avenue, Suite 1001, Raleigh, NC, USA, 27603

Website

https://www.issuerdirect.com

Issuer Direct Corp is a communications and compliance company. It focuses on the needs of corporate issuers. It provides disclosure management solutions, shareholder communications tools, and cloud-based compliance technologies. The company serves a diverse range of client base in the financial services industry, including brokerage firms, banks, mutual funds, accounting and the legal communities. Its current brands and products include the following: Issuer Direct, Accesswire, Investor Network, Blueprint, Classify, iProxy Direct, iR Direct and annual report service. Its primary geographic markets are North America and Europe of which North America contributes the vast majority of total revenue.

Executives

Brian R Balbirnie	director, 10 percent owner, officer: Chairman & CEO	C/O ISSUER DIRECT CORP., 500 PERIMETER PARK DRIVE, SUITE D, MORRISVILLE NC 27560
J. Patrick Galleher	director	11 S. 12TH STREET, RICHMOND VA 23219
William H Everett	director	6 ARROWWOOD LANE, ANDOVER MA 01810
Steven Winfield Knerr	officer: Chief Financial Officer	500 PERIMETER PARK DRIVE, SUITE D, MORRISVILLE NC 27560
Timothy Pitoniak	officer: Chief Financial Officer	8651 10TH ST N, APT 132, ST. PETERSBURG FL 33702
Marti Beller Lazear	director	1000 CENTRAL AVENUE, ST. PETERSBURG FL 33705
Graeme P. Rein	director	221 WILCOX ST, SUITE A, CASTLE ROCK CO 80104
Eric Alan Frank	director	23 WASHINGTON AVENUE, IRVINGTON NY 10533
Michael Joseph Nowlan	director	336 GLENGARRY AVE., NORTH YORK A6 M5M1E6
Red Oak Partners, Llc	10 percent owner	95 S. FEDERAL HWY, SUITE 201, BOCA RATON FL 33432
Wesley T Pollard	officer: Chief Financial Officer	10109 SPORTING CLUB DR, RALEIGH NC 27617
James Michael	10 percent owner	5321 RIDGELOCH PLACE, RALEIGH NC 27612
David Sandberg	director	40 SE 5TH STREET, SUITE 502, BOCA RATON FL 33432
Andre Boisvert	director	46939 BAYSIDE PKWY, FREMONT CA 94538
Lori A Jones	officer: Chief Executive Officer	8310 N. NEW BRAUNFELS, SUITE 205, SAN ANTONIO TX 78217