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Marketwise (Marketwise) EBIT : $45.3 Mil (TTM As of Mar. 2024)


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What is Marketwise EBIT?

Marketwise's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was $21.6 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was $45.3 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Marketwise's annualized ROC % for the quarter that ended in Mar. 2024 was 18.96%. Marketwise's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 1,114.10%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Marketwise's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -66.38%.


Marketwise EBIT Historical Data

The historical data trend for Marketwise'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.

Marketwise EBIT Chart

Marketwise Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial 25.57 -538.69 -967.59 87.28 54.39

Marketwise Quarterly Data
Dec18 Dec19 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 30.61 8.92 11.63 3.24 21.56

Competitive Comparison of Marketwise's EBIT

For the Software - Application subindustry, Marketwise'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.


Marketwise's EV-to-EBIT Distribution in the Software Industry

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

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



Marketwise 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 $45.3 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.


Marketwise  (NAS:MKTW) EBIT Explanation

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

Marketwise'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 )
=86.22 * ( 1 - 3.13% )/( (445.87 + 435.308)/ 2 )
=83.521314/440.589
=18.96 %

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))
=396.555 - 56.737 - ( 155.174 - max(0, 373.893 - 267.841+155.174))
=445.87

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))
=359.29 - 25.328 - ( 131.175 - max(0, 333.903 - 232.557+131.175))
=435.308

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

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

Marketwise'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 )
=86.22/( ( (8.021 + max(-264.962, 0)) + (7.457 + max(-233.055, 0)) )/ 2 )
=86.22/( ( 8.021 + 7.457 )/ 2 )
=86.22/7.739
=1,114.10 %

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)
=(4.528 + 0 + 102.957) - (56.737 + 287.751 + 27.959)
=-264.962

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(3.35 + 0 + 96.024) - (25.328 + 280.314 + 26.787)
=-233.055

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=45.335/-68.294
=-66.38 %

* 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.


Marketwise EBIT Related Terms

Thank you for viewing the detailed overview of Marketwise's EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.


Marketwise (Marketwise) Business Description

Traded in Other Exchanges
Address
1125 N. Charles Street, Baltimore, MD, USA, 21201
Marketwise Inc is a multi-brand subscription services platform providing premium financial research, software, education, and tools for investors. Its products are built for high-value financial research, education, actionable investment ideas, and investment software. It is a digital, direct-to-consumer company offering its research across a variety of platforms including mobile, desktops, and tablets.
Executives
Greenhaven Road Investment Management, L.p. 10 percent owner 8 SOUND SHORE DRIVE, C/O ROYCE & ASSOCIATES, SUITE 190, GREENWICH CT 06830
Glenn H Tongue director 600 MONTGOMERY STREET, SUITE 1100, SAN FRANCISCO CA 94111
Frank Porter Stansberry 10 percent owner 1217 ST. PAUL STREET, BALTIMORE MD 21202
Erik Mickels officer: Chief Financial Officer 155 108TH AVENUE NE, SUITE 400, BELLEVUE WA 98004
Amber Lee Mason officer: Chief Operating Officer C/O MARKETWISE, 1125 N. CHARLES STREET, BALTIMORE MD 21201
Matthew Joseph Turner director C/O MARKETWISE, 1125 N. CHARLES STREET, BALTIMORE MD 21201
Matthew Tate Smith director C/O MARKETWISE, 1125 N. CHARLES STREET, BALTIMORE MD 21201
David Eifrig director C/O MARKETWISE, 1125 N. CHARLES STREET, BALTIMORE MD 21201
Stephen M Park officer: Chief Financial Officer C/O MARKETWISE, 1125 N. CHARLES STREET, BALTIMORE MD 21201
Riaan Hodgson director, officer: Chief Operating Officer C/O ASCENDANT DIGITAL ACQUISITION CORP., 667 MADISON AVENUE, 5TH FLOOR, NEW YORK NY 10065
Greenhaven Road Special Opportunities Fund Lp 10 percent owner 8 SOUND SHORE DRIVE, SUITE 190, GREENWICH CT 06830
Gary Daniel Anderson officer: GENERAL COUNSEL C/O MARKETWISE, 1125 N. CHARLES STREET, BALTIMORE MD 21201
Mcginness James Andrew Iii officer: Corporate Controller C/O MARKETWISE, 1125 N. CHARLES STREET, BALTIMORE MD 21201
Marco Galsim officer: Chief Information Officer C/O MARKETWISE, 1125 N. CHARLES STREET, BALTIMORE MD 21201
Cynthia Suzanne Cherry officer: Senior Director of HR C/O MARKETWISE, 1125 N. CHARLES STREET, BALTIMORE MD 21201