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Spire Global (Spire Global) EBIT : $-52.2 Mil (TTM As of Mar. 2024)


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What is Spire Global EBIT?

Spire Global's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was $-20.2 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was $-52.2 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Spire Global's annualized ROC % for the quarter that ended in Mar. 2024 was -23.08%. Spire Global's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -93.61%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Spire Global's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -16.99%.


Spire Global EBIT Historical Data

The historical data trend for Spire Global'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.

Spire Global EBIT Chart

Spire Global Annual Data
Trend Dec20 Dec21 Dec22 Dec23
EBIT
-25.33 -26.18 -75.13 -44.85

Spire Global Quarterly Data
Sep20 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 -12.83 -11.34 -12.99 -7.69 -20.16

Competitive Comparison of Spire Global's EBIT

For the Specialty Business Services subindustry, Spire Global'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.


Spire Global's EV-to-EBIT Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Spire Global's EV-to-EBIT distribution charts can be found below:

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



Spire Global 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 $-52.2 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.


Spire Global  (NYSE:SPIR) EBIT Explanation

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

Spire Global'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 )
=-46.812 * ( 1 - -0.16% )/( (204.16 + 202.151)/ 2 )
=-46.8868992/203.1555
=-23.08 %

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:

Spire Global'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 )
=-80.648/( ( (86.13 + max(-21.526, 0)) + (86.177 + max(-20.051, 0)) )/ 2 )
=-80.648/( ( 86.13 + 86.177 )/ 2 )
=-80.648/86.1535
=-93.61 %

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)
=(9.911 + 0 + 6.603) - (14.875 + 23.165 + 0)
=-21.526

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(12.346 + 0 + 6.12) - (13.983 + 22.617 + 1.917)
=-20.051

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=-52.184/307.198
=-16.99 %

* 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.


Spire Global EBIT Related Terms

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Spire Global (Spire Global) Business Description

Traded in Other Exchanges
Address
8000 Towers Crescent Drive, Suite 1100, Vienna, VA, USA, 22182
Spire Global Inc is a provider of space-based data, analytics, and Space Services, offering datasets and powerful insights about Earth from the ultimate vantage point of space so that organizations can make decisions with confidence, accuracy, and speed. The Company generates revenue from four solutions: Maritime, Aviation, Weather, and Space Services. It offers the following three data solutions to customers; Maritime-precise space-based data used for accurate ship monitoring, ship safety, and route optimization, Aviation-precise space-based data used for accurate aircraft monitoring, aircraft safety, and route optimization, and Weather-precise space-based data used for accurate weather forecasting.
Executives
Boyd C. Johnson officer: CLO and Corporate Secretary 8000 TOWERS CRESCENT DRIVE, SUITE 1225, VIENNA VA 22182
Theresa Condor director, officer: EVP, GM Spire Space Services 251 RHODE ISLAND STREET, SUITE 204, SAN FRANCISCO CA 94103
Peter Platzer director, officer: Chief Executive Officer 251 RHODE ISLAND STREET, SUITE 204, SAN FRANCISCO CA 94103
Leonardo Basola officer: Chief Financial Officer 8000 TOWERS CRESCENT DRIVE, SUITE 1225, VIENNA VA 22182
Thomas Krywe officer: Chief Financial Officer 251 RHODE ISLAND STREET, SUITE 204, SAN FRANCISCO CA 94103
Joan Lordi Amble director AMERICAN EXPRESS COMPANY, 200 VESEY STREET, NEW YORK NY 10285
Jack Pearlstein director 2525 NETWORK PLACE, HERNDON VA 20171
Dirk Hoke director 251 RHODE ISLAND STREET, SUITE 204, SAN FRANCISCO CA 94103
Elizabeth Ananda Martin officer: General Counsel 8000 TOWERS CRESCENT DRIVE, SUITE 1225, VIENNA VA 22182
John F Lusk officer: VP & GM, Global Data Services 251 RHODE ISLAND STREET, SUITE 204, SAN FRANCISCO CA 94103
Keith E Johnson officer: VP & General Manager, Federal 251 RHODE ISLAND STREET, SUITE 204, SAN FRANCISCO CA 94103
William Porteous director 251 RHODE ISLAND STREET, SUITE 204, SAN FRANCISCO CA 94103
Stephen Messer director 251 RHODE ISLAND STREET, SUITE 204, SAN FRANCISCO CA 94103
William P Crowell other: See Remarks 41343 RASPBERRY DR, LEESBURG VA 20176
Six4 Holdings, Llc other: See Remarks 12020 SUNRISE VALLEY DRIVE, SUITE 100, RESTON VA 20191