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Moatable (Moatable) EBIT : $-11.92 Mil (TTM As of Mar. 2024)


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What is Moatable EBIT?

Moatable's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was $-0.94 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was $-11.92 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Moatable's annualized ROC % for the quarter that ended in Mar. 2024 was -14.25%. Moatable's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -54.74%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Moatable's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 59.27%.


Moatable EBIT Historical Data

The historical data trend for Moatable'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.

Moatable EBIT Chart

Moatable Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -28.45 -16.63 -45.32 -67.34 -14.41

Moatable Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Dec19 Jun20 Dec20 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 Premium Member Only Premium Member Only -3.42 -2.83 -0.80 -7.36 -0.94

Competitive Comparison of Moatable's EBIT

For the Software - Application subindustry, Moatable'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.


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

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

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



Moatable 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 $-11.92 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.


Moatable  (OTCPK:MTBLY) EBIT Explanation

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

Moatable'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 )
=-3.744 * ( 1 - -5.15% )/( (29.327 + 25.926)/ 2 )
=-3.936816/27.6265
=-14.25 %

where

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

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

Moatable'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 )
=-3.744/( ( (6.901 + max(-9.392, 0)) + (6.778 + max(-8.336, 0)) )/ 2 )
=-3.744/( ( 6.901 + 6.778 )/ 2 )
=-3.744/6.8395
=-54.74 %

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)
=(2.603 + 0 + 8.984) - (15.629 + 4.322 + 1.028)
=-9.392

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(3.041 + 0 + 9.45) - (16.494 + 4.333 + 0)
=-8.336

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=-11.922/-20.114
=59.27 %

* 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.


Moatable EBIT Related Terms

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Moatable (Moatable) Business Description

Traded in Other Exchanges
Address
45 West Buchanan Street, Phoenix, AZ, USA, 85003
Moatable Inc provides management expertise, support services, and capital to help its SaaS businesses grow, scale, and reach their full potential. The Chime division includes the Company's all-in-one real estate sales acceleration and client lifecycle management platform. The Trucker Path division includes the Company's driver-centric online transportation management platform.
Executives
Softbank Group Corp 10 percent owner 1-7-1 KAIGAN, MINATO-KU, TOKYO M0 105-7537
Rebecca C. Polak director 611 BAINBRIDGE STREET, SUITE 100, RICHMOND VA 23224
Michael J Schifsky officer: Interim CFO C/O MOATABLE, INC., 45 W. BUCHANAN STREET, PHOENIX AZ 85003
James D Reed director 3200 INDUSTRIAL PARK ROAD, VAN BUREN AR 72956
Joseph Chen director, 10 percent owner, officer: Chief Executive Officer 23/F, JING AN CENTER, 8 NORTH THIRD RING, ROAD EAST, CHAOYANG DISTRICT, BEIJING F4 100028
Lin Cong director C/O KAIXIN AUTO HOLDINGS, 5/F NORTH WING, 18 JIUXIANQUIAO NORTH ROAD, CHAOYANG DISTRICT, BEIJING F4 100016
James Jian Liu director, officer: Chief Operating Officer C/O KAIXIN AUTO HOLDINGS, 5/F NORTH WING, 18 JIUXIANQUIAO NORTH ROAD, CHAOYANG DISTRICT, BEIJING F4 100016
Chris Palmer officer: Chief Financial Officer C/O RENREN INC., 2828 N. CENTRAL AVENUE, 7TH FLOOR, PHOENIX AZ 85004
James M Dumler director C/O RENREN INC., 2828 N. CENTRAL AVENUE, 7TH FLOOR, PHOENIX AZ 85004
Henry He Li officer: Vice President of Technology C/O RENREN INC., 2828 N. CENTRAL AVENUE, 7TH FLOOR, PHOENIX AZ 85004