Wishpond Technologies (TSXV:WISH) ROCE % : -28.09% (As of Dec. 2023)

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What is Wishpond Technologies ROCE %?

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. Wishpond Technologies's annualized ROCE % for the quarter that ended in Dec. 2023 was -28.09%.

Wishpond Technologies ROCE % Historical Data

The historical data trend for Wishpond Technologies's ROCE % 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.

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Wishpond Technologies ROCE % Chart

Wishpond Technologies Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

-67.80

-22.62

-17.76

Wishpond Technologies Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial													-7.30	-23.09	-23.34	13.59	-28.09

Wishpond Technologies ROCE % Calculation

Wishpond Technologies's annualized ROCE % for the fiscal year that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	-1.77	/	( ( (16.278 - 5.666)	+	(14.469 - 5.153) )	/ 2 )
	=	-1.77	/	( (10.612	+	9.316)	/ 2 )
	=	-1.77	/	9.964
	=	-17.76 %

Wishpond Technologies's ROCE % of for the quarter that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	-2.692	/	( ( (14.171 - 4.322)	+	(14.469 - 5.153) )	/ 2 )
	=	-2.692	/	( ( 9.849	+	9.316 )	/ 2 )
	=	-2.692	/	9.5825
	=	-28.09 %

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

Wishpond Technologies (TSXV:WISH) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

Wishpond Technologies ROCE % Related Terms

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Wishpond Technologies (TSXV:WISH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Wishpond Technologies Ltd (TSXV:WISH) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

WPNDF:USA

Address

422 Richards Street, No.170, Vancouver, BC, CAN, V6B 2Z4

Website

https://www.wishpond.com

Wishpond Technologies Ltd is a provider of marketing-focused online business solutions providing digital marketing solutions that empower entrepreneurs to achieve success online. The company offers an all-in-one marketing suite that provides companies with marketing, promotion, lead generation, sales automation, ad management, referral marketing, and sales conversion capabilities from one integrated platform. It replaces entire marketing functions in an easy-to-use product, for a fraction of the cost. It serves over 3,700 customers who are mainly small-to-medium size businesses in a wide variety of industries. The company employs a Software-as-a-Service (SaaS) business model where substantially all its revenue is subscription-based recurring revenue.

Executives

David Pais

Senior Officer

Wishpond Technologies (TSXV:WISH) Headlines

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