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Metavesco (Metavesco) EBIT : $-0.48 Mil (TTM As of Jun. 2023)


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What is Metavesco EBIT?

Metavesco's earnings before interest and taxes (EBIT) for the three months ended in Jun. 2023 was $-0.39 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2023 was $-0.48 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Metavesco's annualized ROC % for the quarter that ended in Jun. 2023 was -36.43%. Metavesco's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2023 was -2,305.19%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Metavesco's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2023 was -12.91%.


Metavesco EBIT Historical Data

The historical data trend for Metavesco'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.

Metavesco EBIT Chart

Metavesco Annual Data
Trend Jun08 Jun09 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.52 -0.06 -0.07 -1.10 -0.48

Metavesco Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only -1.04 -0.04 -0.08 0.03 -0.39

Competitive Comparison of Metavesco's EBIT

For the Capital Markets subindustry, Metavesco'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.


Metavesco's EV-to-EBIT Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Metavesco's EV-to-EBIT distribution charts can be found below:

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



Metavesco 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 quarterly data reported by the company within the most recent 12 months, which was $-0.48 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.


Metavesco  (OTCPK:MVCO) EBIT Explanation

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

Metavesco'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: Mar. 2023 ) + Invested Capital (Q: Jun. 2023 ))/ count )
=-0.196 * ( 1 - 0% )/( (0.61 + 0.466)/ 2 )
=-0.196/0.538
=-36.43 %

where

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

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

Metavesco'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: Mar. 2023  Q: Jun. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-1.556/( ( (0.068 + max(-0.021, 0)) + (0.067 + max(-0.041, 0)) )/ 2 )
=-1.556/( ( 0.068 + 0.067 )/ 2 )
=-1.556/0.0675
=-2,305.19 %

where Working Capital is:

Working Capital(Q: Mar. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.008) - (0.029 + 0 + -5.5511151231258E-17)
=-0.021

Working Capital(Q: Jun. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0.008 + 0.009) - (0.058 + 0 + 0)
=-0.041

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Jun. 2023) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2023 )
=-0.476/3.688
=-12.91 %

* 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.


Metavesco EBIT Related Terms

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Metavesco (Metavesco) Business Description

Traded in Other Exchanges
N/A
Address
410 Peachtree Pkwy, Suite 4245, Cumming, GA, USA, 30041
Metavesco Inc is a web3 enterprise and digital asset innovator. It has three areas of focus which include Liquidity Provider, Staking, and NFTs. The company has bitcoin mining operations at its hosted facilities in TX and KY. It generates income as a liquidity provider, via decentralized exchanges such as Uniswap.
Executives
Whiting Chisman director
Franklin P Earley director, officer: CEO 2505 CHEYNE WALK, VIRGINIA BEACH VA 23454
Marvin S Friedberg director PO BOX 826, VIRGINIA BEACH VA 23451
Eric L Fox director
Litton T Richard Jr director 1051 CAMBRIDGE CRESCENT, NORFOLK VA 23508
Lex W Troutman officer: Vice President 1332 CLONCURRY ROAD, NORFOLK VA 23505
Martin N Speroni officer: Vice President 793 CHIPPENDALE DRIVE, VIRGINIA BEACH VA 23455
Ernest Hardee director
Meredith Peter M Jr director MEREDITH CONSTRUCTION CO., INC., PO BOX 11265, NORFOLK VA 23517-0265
J Alan Lindauer director, officer: President/CEO 500 E MAIN STREET #8700, NORFOLK VA 23510
Harris Henry V Iii director
Richard G Ornstein director