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Ispire Technology (Ispire Technology) EBIT : $-11.5 Mil (TTM As of Mar. 2024)


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What is Ispire Technology EBIT?

Ispire Technology's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was $-5.7 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was $-11.5 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Ispire Technology's annualized ROC % for the quarter that ended in Mar. 2024 was -205.12%. Ispire Technology's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -381.18%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Ispire Technology's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -3.15%.


Ispire Technology EBIT Historical Data

The historical data trend for Ispire Technology'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.

Ispire Technology EBIT Chart

Ispire Technology Annual Data
Trend Jun21 Jun22 Jun23
EBIT
3.64 -0.99 -4.57

Ispire Technology Quarterly Data
Jun21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only -2.69 -0.98 -0.91 -3.95 -5.68

Competitive Comparison of Ispire Technology's EBIT

For the Tobacco subindustry, Ispire Technology'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.


Ispire Technology's EV-to-EBIT Distribution in the Tobacco Products Industry

For the Tobacco Products industry and Consumer Defensive sector, Ispire Technology's EV-to-EBIT distribution charts can be found below:

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



Ispire Technology 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 $-11.5 Mil.

* 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.


Ispire Technology  (NAS:ISPR) EBIT Explanation

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

Ispire Technology'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 )
=-22.72 * ( 1 - -4.48% )/( (10.522 + 12.623)/ 2 )
=-23.737856/11.5725
=-205.12 %

where

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

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

Ispire Technology'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 )
=-22.72/( ( (6.118 + max(-1.349, 0)) + (5.803 + max(-9.639, 0)) )/ 2 )
=-22.72/( ( 6.118 + 5.803 )/ 2 )
=-22.72/5.9605
=-381.18 %

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)
=(45.455 + 7.548 + 2.928) - (55.575 + 1.705 + 0)
=-1.349

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(47.732 + 9.814 + 1.282) - (66.616 + 1.327 + 0.524)
=-9.639

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=-11.517/366.125
=-3.15 %

* 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.


Ispire Technology EBIT Related Terms

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Ispire Technology (Ispire Technology) Business Description

Traded in Other Exchanges
N/A
Address
19700 Magellan Drive, Los Angeles, CA, USA, 90502
Ispire Technology Inc is engaged in the research and development, design, commercialization, sales, marketing and distribution of branded e-cigarettes and cannabis vaping products.
Executives
Daniel J. Machock officer: Chief Financial Officer 19700 MAGELLAN DRIVE, LOS ANGELESC CA 90502
Christopher Robert Burch director 19700 MAGELLAN DRIVE, LOS ANGELES CA 90502
Jeffrey Doiron officer: Chief Revenue Officer 3606 W MAGNOLIA BLVD, BURBANK CA 91505
John Fargis director 2000 S BAYSHORE DR, UNIT 20, MIAMI FL 33133
Joel Paritz director 204 MAIN STREET, FORT LEE NJ 07024
Lauren Stower officer: Chief Impact Officer 19700 MAGELLAN DRIVE, LOS ANGELES CA 90502
Brent Cox director 19700 MAGELLAN DRIVE, LOS ANGELES CA 90502
Ted Rouhani officer: Chief Operating Officer 19700 MAGELLAN DRIVE, LOS ANGELES CA 90502
Michael Xue Wang officer: CHIEF FINANCIAL OFFICER 19700 MAGELLAN DRIVE, LOS ANGELES CA 90502
Tuanfang Liu director, 10 percent owner, officer: CEO and Chairman 19700 MAGELLAN DRIVE, LOS ANGELES CA 90502
Jiangyan Zhu director 19700 MAGELLAN DRIVE, LOS ANGELES CA 90502
Pride Worldwide Investment Ltd 10 percent owner 14 JIANAN ROAD, TANGWEI FUYONG TOWN GUANGDONG PROVINCE, SHENZHEN F4 000000