Almawave SpA (MIL:AIW) EBIT : €9.23 Mil (TTM As of Dec. 2023)

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What is Almawave SpA EBIT?

Almawave SpA's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2023 was €4.92 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was €9.23 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Almawave SpA's annualized ROC % for the quarter that ended in Dec. 2023 was 18.27%. Almawave SpA's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 155.21%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Almawave SpA's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 7.47%.

Almawave SpA EBIT Historical Data

The historical data trend for Almawave SpA'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.

Almawave SpA EBIT Chart

Almawave SpA Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

EBIT

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4.18

3.41

4.68

6.52

9.23

Almawave SpA Semi-Annual Data
	Dec17	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
EBIT	Get a 7-Day Free Trial						2.23	2.64	3.88	4.31	4.92

Competitive Comparison of Almawave SpA's EBIT

For the Information Technology Services subindustry, Almawave SpA'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.

Almawave SpA's EV-to-EBIT Distribution in the Software Industry

For the Software industry and Technology sector, Almawave SpA's EV-to-EBIT distribution charts can be found below:

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

Almawave SpA 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. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was €9.23 Mil.

Almawave SpA (MIL:AIW) EBIT Explanation

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

Almawave SpA's annualized ROC % for the quarter that ended in Dec. 2023 is calculated as:

	ROC % (Q: Dec. 2023 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Jun. 2023 )	+	Invested Capital (Q: Dec. 2023 ))	/ count )
=	8.812 * ( 1 - -29.3% )	/	( (56.999	+	67.76)	/ 2 )
=	11.393916	/	62.3795
=	18.27 %

where

	Invested Capital		(Q: Jun. 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	))
=	110.727	-	41.208	-	( 12.52	-	max(0, 42.407	-	65.339	+	12.52	))
=	56.999

	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	))
=	118.144	-	40.004	-	( 10.38	-	max(0, 40.837	-	64.633	+	10.38	))
=	67.76

Note: The Operating Income data used here is two times the semi-annual (Dec. 2023) data.

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

Almawave SpA's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Dec. 2023 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Jun. 2023		Q: Dec. 2023
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	9.84	/	( ( (0.381 + max(3.076, 0))	+	(0.313 + max(8.91, 0)) )	/	2 )
=	9.84	/	( ( 3.457	+	9.223 )	/	2 )
=	9.84	/	6.34
=	155.21 %

where Working Capital is:

	Working Capital		(Q: Jun. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(45.228	+	0	+	0.073999999999998)	-	(41.208	+	0	+	1.018)
=	3.076

	Working Capital		(Q: Dec. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(46.334	+	0	+	3.262)	-	(40.004	+	0	+	0.682)
=	8.91

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Dec. 2023) EBIT data.

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

Almawave SpA's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Dec. 2023 )
	=	9.233	/	123.625
	=	7.47 %

Almawave SpA EBIT Related Terms

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Almawave SpA (MIL:AIW) Business Description

Industry

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Traded in Other Exchanges

101:Germany

Address

188/190, Via di Casal Boccone, Rome, ITA, 00137

Website

https://www.almawave.com/en

Almawave SpA is an Italian player in artificial intelligence and natural language analysis. It brings breed technologies and exhaustive Big data-oriented services to support the digital enhancement of enterprises and public administrations. The company's platform leverages cutting-edge proprietary technologies and applied services for Big Data, Data Science, Machine Learning, AI Architecture, and Integration, to interpret text and voice in over 30 languages, interacting in multi-channel mode, analyzing data and information with a view to knowledge development and automation.

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