Information Services (Information Services) EBIT : $33.6 Mil (TTM As of Mar. 2024)

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What is Information Services EBIT?

Information Services's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was $5.0 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was $33.6 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Information Services's annualized ROC % for the quarter that ended in Mar. 2024 was 3.38%. Information Services's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 257.78%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Information Services's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 7.30%.

Information Services EBIT Historical Data

The historical data trend for Information Services'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.

Information Services EBIT Chart

Information Services Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

EBIT

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21.19

24.08

36.64

34.35

36.63

Information Services 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															7.94	9.46	8.59	10.49	5.05

Competitive Comparison of Information Services's EBIT

For the Specialty Business Services subindustry, Information Services'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.

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

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

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

Information Services 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 $33.6 Mil.

Information Services (OTCPK:IRMTF) EBIT Explanation

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

Information Services'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 )
=	19.448 * ( 1 - 36.25% )	/	( (371.172	+	362.087)	/ 2 )
=	12.3981	/	366.6295
=	3.38 %

where

	Invested Capital		(Q: Dec. 2023 )
=	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	))
=	399.764	-	39.895	-	( 18.033	-	max(0, 47.329	-	36.026	+	18.033	))
=	371.172

	Invested Capital		(Q: Mar. 2024 )
=	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	))
=	393.604	-	44.891	-	( 14.947	-	max(0, 48.585	-	35.211	+	14.947	))
=	362.087

Note: The Operating Income data used here is four times the quarterly (Mar. 2024) data.

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

Information Services'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 )
=	20.184	/	( ( (8.037 + max(-31.968, 0))	+	(7.623 + max(-30.973, 0)) )	/	2 )
=	20.184	/	( ( 8.037	+	7.623 )	/	2 )
=	20.184	/	7.83
=	257.78 %

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)
=	(10.888	+	0	+	2.379)	-	(39.895	+	5.34	+	-7.105427357601E-15)
=	-31.968

	Working Capital		(Q: Mar. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(12.825	+	0	+	2.916)	-	(44.891	+	1.823	+	0)
=	-30.973

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:

Information Services's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Mar. 2024 )
	=	33.587	/	460.296
	=	7.30 %

Information Services EBIT Related Terms

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Information Services (Information Services) Business Description

Industry

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ISV:Canada

Address

No. 300, 10 Research Drive, Regina, SK, CAN, S4S 7J7

Website

https://www.company.isc.ca

Information Services Corp is a Canada-based provider of registry and information management services for public data and records. The company has three segments namely Registry Operations, Services and Technology Solutions. The Registries segment involves the provision of registry and information services and solutions to governments and private sector organizations. The Services segment provides products and services that utilize public records and data to provide value to customers in the financial and legal sectors. Technology Solutions provides the development, delivery and support of registry (and related) technology solutions.