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AgEagle Aerial Systems (AgEagle Aerial Systems) EBIT : $-39.71 Mil (TTM As of Mar. 2024)


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What is AgEagle Aerial Systems EBIT?

AgEagle Aerial Systems's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was $-2.53 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was $-39.71 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. AgEagle Aerial Systems's annualized ROC % for the quarter that ended in Mar. 2024 was -44.82%. AgEagle Aerial Systems's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -124.66%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. AgEagle Aerial Systems's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -240.78%.


AgEagle Aerial Systems EBIT Historical Data

The historical data trend for AgEagle Aerial Systems'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.

AgEagle Aerial Systems EBIT Chart

AgEagle Aerial Systems 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 -2.52 -4.93 -30.10 -58.19 -41.47

AgEagle Aerial Systems Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -4.29 -5.00 -7.62 -24.56 -2.53

Competitive Comparison of AgEagle Aerial Systems's EBIT

For the Computer Hardware subindustry, AgEagle Aerial Systems'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.


AgEagle Aerial Systems's EV-to-EBIT Distribution in the Hardware Industry

For the Hardware industry and Technology sector, AgEagle Aerial Systems's EV-to-EBIT distribution charts can be found below:

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



AgEagle Aerial Systems 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 $-39.71 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.


AgEagle Aerial Systems  (AMEX:UAVS) EBIT Explanation

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

AgEagle Aerial Systems'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 )
=-9.576 * ( 1 - 0% )/( (21.215 + 21.515)/ 2 )
=-9.576/21.365
=-44.82 %

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:

AgEagle Aerial Systems'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 )
=-10.12/( ( (4.325 + max(4.31, 0)) + (3.779 + max(3.822, 0)) )/ 2 )
=-10.12/( ( 8.635 + 7.601 )/ 2 )
=-10.12/8.118
=-124.66 %

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)
=(2.058 + 6.937 + 0.548) - (4.425 + 0.226 + 0.582)
=4.31

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1.351 + 6.438 + 0.721) - (3.672 + 0.349 + 0.667)
=3.822

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:

AgEagle Aerial Systems's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=-39.709/16.492
=-240.78 %

* 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.


AgEagle Aerial Systems EBIT Related Terms

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AgEagle Aerial Systems (AgEagle Aerial Systems) Business Description

Traded in Other Exchanges
Address
8863 East. 34th Street North, Wichita, KS, USA, 67226
AgEagle Aerial Systems Inc is a provider of drone imagery data analytics for the precision and sustainable agriculture markets. It designs, produces, distributes, and supports technologically- advanced small unmanned aerial systems (UAVs) that it offers for sale commercially to the precision agriculture industry. Its segments include Drones, Sensors and Software-as-a-Service (SaaS). The company's majority revenue is derived primarily through the sales of drones and drone-related products.
Executives
Barrett Mooney director, officer: Chairman and CEO C/O AGEAGLE AERIAL SYSTEMS, INC., 8863 E. 34TH STREET NORTH, WICHITA KS 67226
Nicole M. Fernandez-mcgovern officer: Chief Financial Officer C/O AGEAGLE AERIAL SYSTEMS INC., 8863 E. 34TH STREET NORTH, WICHITA KS 67226
Kelly Anderson director C/O TOMI ENVIRONMENTAL SOLUTIONS, INC., 9454 WILSHIRE BLVD., R-1, BEVERLY HILLS CA 90212
Grant A Begley director 420 ROYAL PALM WAY, SUITE 100, PALM BEACH FL 33480
Thomas J Gardner director C/O AGEAGLE AERIAL SYSTEMS, INC., 117 SOUTH 4TH STREET, NEODESHA KS 66757
Michael D O'sullivan officer: Chief Commercial Officer C/O AGEAGLE AERIAL SYSTEMS, INC., 8863 E. 34TH STREET NORTH, WICHITA KS 67226
Luisa Ingargiola director 4826 BLUE JAY CIRCLE, PALM HARBOR FL 34683
Bret Chilcott director, officer: CEO, President, Secretary C/O AGEAGLE AERIAL SYSTEMS, INC., 117 SOUTH 4TH STREET, NEODESHA KS 66757
Michael Drozd officer: Chief Executive Officer 117 S. 4TH STREET, NEODESHA KS 66757
Kull Corbett director C/O AGEAGLE AERIAL SYSTEMS, INC., 117 SOUTH 4 STREET, NEODESHA KS 66757
Louis G Schott officer: Chief Financial Officer 4040 BROADWAY, SUITE 508, SAN ANTONIO TX 78209
Scott R Burell director 6500 HARBOUR HEIGHTS PKWY #303, MUKILTEO WA 98275
Lindsay Katrina Edwards director C/O AGEAGLE AERIAL SYSTEMS, INC., 117 SOUTH 4TH STREET, NEODESHA KS 66757
Kent Roach officer: Executive Vice President 4040 BROADWAY, SUITE 508, SAN ANTONIO TX 78209
David L Kunovic officer: Vice President of Exploration 4040 BROADWAY, SUITE 508, SAN ANTONIO TX 78209

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