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QuoteMedia (QuoteMedia) EBIT : $0.33 Mil (TTM As of Dec. 2023)


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What is QuoteMedia EBIT?

QuoteMedia's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was $0.04 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was $0.33 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. QuoteMedia's annualized ROC % for the quarter that ended in Dec. 2023 was 4.37%. QuoteMedia's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 4.77%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. QuoteMedia's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 1.90%.


QuoteMedia EBIT Historical Data

The historical data trend for QuoteMedia'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.

QuoteMedia EBIT Chart

QuoteMedia Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.57 -0.64 0.22 0.45 0.37

QuoteMedia Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.14 0.12 0.07 0.10 0.04

Competitive Comparison of QuoteMedia's EBIT

For the Financial Data & Stock Exchanges subindustry, QuoteMedia'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.


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

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

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



QuoteMedia 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.33 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.


QuoteMedia  (OTCPK:QMCI) EBIT Explanation

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

QuoteMedia's annualized ROC % for the quarter that ended in Dec. 2023 is calculated as:

ROC % (Q: Dec. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2023 ) + Invested Capital (Q: Dec. 2023 ))/ count )
=0.32 * ( 1 - 2% )/( (7.244 + 7.103)/ 2 )
=0.3136/7.1735
=4.37 %

where

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

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

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

ROC (Joel Greenblatt) %(Q: Dec. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2023  Q: Dec. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=0.14/( ( (5.171 + max(-2.603, 0)) + (0.696 + max(-2.274, 0)) )/ 2 )
=0.14/( ( 5.171 + 0.696 )/ 2 )
=0.14/2.9335
=4.77 %

where Working Capital is:

Working Capital(Q: Sep. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1.028 + 0 + 0.248) - (2.202 + 1.677 + 0)
=-2.603

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1.155 + 0 + 0.238) - (2.211 + 1.456 + 4.4408920985006E-16)
=-2.274

When net working capital is negative, 0 is used.

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

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=0.328/17.256
=1.90 %

* 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.


QuoteMedia EBIT Related Terms

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QuoteMedia (QuoteMedia) Business Description

Traded in Other Exchanges
N/A
Address
17100 East Shea Boulevard, Suite 230, Fountain Hills, AZ, USA, 85268
QuoteMedia Inc is a provider of financial data, news feeds, market research information, and financial software solutions to online brokerages, clearing firms, banks, financial service companies, media portals, and public corporations. It is a single source for a wide array of market information and services, including streaming stock market data feeds, research and analysis information, content applications, portfolio management systems, software products, corporate investor relations provisioning, news services, wireless applications, and custom development. The company has three general product lines: Interactive Content and Data Applications, Data Feed Services, and Portfolio Management Systems.
Executives
David Shworan director, officer: CEO 17100 SHEA BLVD STE 230, FOUNTAIN HILLS CA 85268
Keith J Randall officer: CFO 11909 E BECKER LANE, SCOTTSDALE AZ 85259
Robert James Thompson director
R Keith Guelpa director, officer: Chief Executive Officer 17100 SHEA BLVD, SUITE 230, FOUNTAIN HILLS AZ 85268

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