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Zapp Electric Vehicles Group (Zapp Electric Vehicles Group) EBIT : $-5.49 Mil (TTM As of Dec. 2022)


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What is Zapp Electric Vehicles Group EBIT?

Zapp Electric Vehicles Group's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2022 was $-3.69 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2022 was $-5.49 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Zapp Electric Vehicles Group's annualized ROC % for the quarter that ended in Dec. 2022 was -7.69%. Zapp Electric Vehicles Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2022 was %.

EBIT is also linked to Joel Greenblatt's definition of earnings yield.


Zapp Electric Vehicles Group EBIT Historical Data

The historical data trend for Zapp Electric Vehicles Group'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.

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Zapp Electric Vehicles Group EBIT Chart

Zapp Electric Vehicles Group Annual Data
Trend Dec21 Dec22
EBIT
-1.55 -5.49

Zapp Electric Vehicles Group Quarterly Data
Feb21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22
EBIT Get a 7-Day Free Trial -1.49 -0.79 -0.81 -0.20 -3.69

Competitive Comparison of Zapp Electric Vehicles Group's EBIT

For the Auto Manufacturers subindustry, Zapp Electric Vehicles Group'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.


Zapp Electric Vehicles Group's EV-to-EBIT Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Zapp Electric Vehicles Group's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Zapp Electric Vehicles Group's EV-to-EBIT falls into.



Zapp Electric Vehicles Group 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. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $-5.49 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.


Zapp Electric Vehicles Group  (NAS:CIIGU) EBIT Explanation

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

Zapp Electric Vehicles Group's annualized ROC % for the quarter that ended in Dec. 2022 is calculated as:

ROC % (Q: Dec. 2022 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2022 ) + Invested Capital (Q: Dec. 2022 ))/ count )
=-14.748 * ( 1 - -53.72% )/( (293.579 + 295.886)/ 2 )
=-22.6706256/294.7325
=-7.69 %

where

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

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

Zapp Electric Vehicles Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2022 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2022 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2022  Q: Dec. 2022
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-14.748/( ( (0 + max(-2.149, 0)) + (0 + max(-5.253, 0)) )/ 2 )
=-14.748/( ( 0 + 0 )/ 2 )
=-14.748/0
= %

where Working Capital is:

Working Capital(Q: Sep. 2022 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.347) - (2.496 + 0 + 0)
=-2.149

Working Capital(Q: Dec. 2022 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.249) - (5.502 + 0 + 0)
=-5.253

When net working capital is negative, 0 is used.

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

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

Zapp Electric Vehicles Group's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2022 )
=-5.493/0.000
= %

* 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.


Zapp Electric Vehicles Group EBIT Related Terms

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Zapp Electric Vehicles Group (Zapp Electric Vehicles Group) Business Description

Traded in Other Exchanges
N/A
Address
5 Technology Park, Colindeep Lane, London, GBR, NW9 6BX
Zapp Electric Vehicles Group Ltd is an electric motorcycle company run by a team of experts from the mobility industry. The i300 is the first in a suite of high-performance electric two-wheelers expected to come to market from Zapp. The company plans to offer a high-quality direct-to-customer experience known as DSDTC (drop-ship-direct-to-customer).