Royal Wins (Royal Wins) EBIT : $-4.89 Mil (TTM As of Jun. 2022)

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What is Royal Wins EBIT?

Royal Wins's earnings before interest and taxes (EBIT) for the three months ended in Jun. 2022 was $0.00 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2022 was $-4.89 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Royal Wins's annualized ROC % for the quarter that ended in Jun. 2022 was 0.00%. Royal Wins's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2022 was %.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Royal Wins's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2022 was -112.62%.

Royal Wins EBIT Historical Data

The historical data trend for Royal Wins'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.

Royal Wins EBIT Chart

Royal Wins Annual Data

Trend

Dec19

Dec20

Jun21

Jun22

EBIT

-0.03

-0.24

-1.78

Royal Wins Quarterly Data
	Sep19	Dec19	Mar20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22
EBIT	Get a 7-Day Free Trial						-	-0.69	-0.91	-3.29	-

Competitive Comparison of Royal Wins's EBIT

For the Gambling subindustry, Royal Wins'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.

Royal Wins's EV-to-EBIT Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Royal Wins's EV-to-EBIT distribution charts can be found below:

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

Royal Wins 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. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $-4.89 Mil.

Royal Wins (OTCPK:RYWCF) EBIT Explanation

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

Royal Wins's annualized ROC % for the quarter that ended in Jun. 2022 is calculated as:

	ROC % (Q: Jun. 2022 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Mar. 2022 )	+	Invested Capital (Q: Jun. 2022 ))	/ count )
=	0 * ( 1 - 0% )	/	( (1.189	+	0)	/ 1 )
=	0	/	1.189
=	0.00 %

where

	Invested Capital		(Q: Mar. 2022 )
=	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	))
=	0.393	-	2.374	-	( 0.073	-	max(0, 3.407	-	0.237	+	0.073	))
=	1.189

	Invested Capital		(Q: Jun. 2022 )
=	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	))
=	0	-	0	-	( 0	-	max(0, 0	-	0	+	0	))
=	0

Note: The Operating Income data used here is four times the quarterly (Jun. 2022) data.

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

Royal Wins's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2022 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Jun. 2022 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Mar. 2022		Q: Jun. 2022
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	0	/	( ( (0 + max(-2.269, 0))	+	(0 + max(0, 0)) )	/	1 )
=	0	/	( ( 0	+	0 )	/	1 )
=	0	/	0
=	%

where Working Capital is:

	Working Capital		(Q: Mar. 2022 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0.106)	-	(2.374	+	0	+	0.00099999999999989)
=	-2.269

	Working Capital		(Q: Jun. 2022 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0)	-	(0	+	0	+	0)
=	0

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Jun. 2022) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Jun. 2022 )
	=	-4.889	/	4.341
	=	-112.62 %

Royal Wins EBIT Related Terms

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Royal Wins (Royal Wins) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Royal Wins Corp (OTCPK:RYWCF) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

401 Bay Street, Suite 2704, Box 4, Toronto, ON, CAN, M5H2Y4

Website

https://www.royalwins.com

Royal Wins Corp is a digital games studio pioneering skill game wagering and betting on mobile casual games. It designs, develops, and operates real money-wagering skill games, to disrupt and dominate the online gaming space such that all players of legal age can play and win life-changing jackpots and prizes on their skill instead of only on chance and odds. It designs develops and operates pure skill games for both cash and non-cash prizes targeting millennial markets via its primary skill gaming app, the Kash Karnival. Its primary innovation and intellectual property centres around solving big data problems around skill gaming mechanics, algorithms pertaining to balancing cash jackpots, game difficulty modules, and maintenance of return-to-player percentages.

Royal Wins (Royal Wins) Headlines

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