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Nextdoor Holdings (Nextdoor Holdings) EBIT : $-168.2 Mil (TTM As of Mar. 2024)


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What is Nextdoor Holdings EBIT?

Nextdoor Holdings's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was $-34.7 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was $-168.2 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Nextdoor Holdings's annualized ROC % for the quarter that ended in Mar. 2024 was -126.39%. Nextdoor Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -184.40%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Nextdoor Holdings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -32.13%.


Nextdoor Holdings EBIT Historical Data

The historical data trend for Nextdoor Holdings'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.

Nextdoor Holdings EBIT Chart

Nextdoor Holdings Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
-75.49 -76.65 -94.81 -144.20 -172.28

Nextdoor Holdings Quarterly Data
Dec19 Jun20 Dec20 Mar21 Jun21 Sep21 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -38.81 -41.44 -44.38 -47.65 -34.75

Competitive Comparison of Nextdoor Holdings's EBIT

For the Internet Content & Information subindustry, Nextdoor Holdings'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.


Nextdoor Holdings's EV-to-EBIT Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Nextdoor Holdings's EV-to-EBIT distribution charts can be found below:

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



Nextdoor Holdings 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 $-168.2 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.


Nextdoor Holdings  (NYSE:KIND) EBIT Explanation

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

Nextdoor Holdings'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 )
=-138.996 * ( 1 - -0.71% )/( (112.52 + 108.982)/ 2 )
=-139.9828716/110.751
=-126.39 %

where

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))
=633.081 - 26.306 - ( 497.793 - max(0, 32.704 - 540.226+497.793))
=108.982

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

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

Nextdoor Holdings'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 )
=-138.996/( ( (65.05 + max(6.6360000000001, 0)) + (62.945 + max(16.127, 0)) )/ 2 )
=-138.996/( ( 71.686 + 79.072 )/ 2 )
=-138.996/75.379
=-184.40 %

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)
=(26.233 + 0 + 9.6060000000001) - (10.943 + 8.294 + 9.966)
=6.6360000000001

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(26.057 + 0 + 16.376) - (26.306 + 0 + 0)
=16.127

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:

Nextdoor Holdings's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=-168.221/523.511
=-32.13 %

* 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.


Nextdoor Holdings EBIT Related Terms

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Nextdoor Holdings (Nextdoor Holdings) Business Description

Traded in Other Exchanges
N/A
Address
420 Taylor Street, San Francisco, CA, USA, 94102
Nextdoor Holdings Inc is the platform to connect to the neighborhoods. The purpose is to cultivate a kinder world where everyone has a neighborhood. Neighbors around the world turn to Nextdoor daily to receive trusted information, give and get help, get things done, and build real-world connections with nearby neighbors, businesses, and public services.
Executives
John Orta officer: Head of Legal and Secretary C/O NEXTDOOR HOLDINGS, INC., 420 TAYLOR STREET, SAN FRANCISCO CA 94012
Dana L Evan director 550 EAST TIMPANOGOS CIRCLE, *, OREM UT 84097
Greylock 16 Gp Llc other: Member of 10% owner group 2550 SAND HILL ROAD, SUITE 200, MENLO PARK CA 94025
David L Sze director GREYLOCK, 880 WINTER STREET SUITE 300, WALTHAM MA 02451
Mary G Meeker director 2750 SAND HILL ROAD, MENLO PARK CA 94025
Jason Pressman director 2440 SAND HILL ROAD, SUITE 300, MENLO PARK CA 94025
Greylock 16 Limited Partnership other: Member of 10% owner group 1600 DISTRICT AVENUE, SUITE 104, BURLINGTON MA 01803
Greylock 16-a Limited Partnership other: Member of 10% owner group 1600 DISTRICT AVENUE, SUITE 104, BURLINGTON MA 01803
Greylock 16 Principals Lp other: Member of 10% owner group 1600 DISTRICT AVENUE, SUITE 104, BURLINGTON MA 01803
Shasta Ventures Ii Gp, Llc 10 percent owner 2440 SAND HILL ROAD, SUITE 300, MENLO PARK CA 94025
Greylock Discovery Fund Llc 10 percent owner 2550 SAND HILL ROAD, SUITE 200, MENLO PARK CA 94025
Sarah Friar director, officer: CEO and President C/O NEXTDOOR HOLDINGS, INC., 420 TAYLOR STREET, SAN FRANCISCO CA 94102
Andrea M Wishom director 651 BRANNAN ST., SAN FRANCISCO CA 94107
Benchmark Capital Management Co. Viii, L.l.c. 10 percent owner 2965 WOODSIDE ROAD, WOODSIDE CA 94062
Benchmark Capital Partners Viii, L.p. 10 percent owner 2965 WOODSIDE ROAD, WOODSIDE CA 94062