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Movella Holdings (Movella Holdings) EBIT : $-11.92 Mil (TTM As of Jun. 2023)


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What is Movella Holdings EBIT?

Movella Holdings's earnings before interest and taxes (EBIT) for the three months ended in Jun. 2023 was $-13.97 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2023 was $-11.92 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Movella Holdings's annualized ROC % for the quarter that ended in Jun. 2023 was -37.66%. Movella Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2023 was -715.39%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Movella Holdings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2023 was -291.13%.


Movella Holdings EBIT Historical Data

The historical data trend for Movella Holdings'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.

Movella Holdings EBIT Chart

Movella Holdings Annual Data
Trend Dec20 Dec21 Dec22
EBIT
-10.64 -1.48 -8.04

Movella Holdings Quarterly Data
Dec20 Jun21 Dec21 Mar22 Jun22 Dec22 Mar23 Jun23
EBIT Get a 7-Day Free Trial -5.42 -6.75 -13.90 15.95 -13.97

Competitive Comparison of Movella Holdings's EBIT

For the Software - Application subindustry, Movella Holdings'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.


Movella Holdings's EV-to-EBIT Distribution in the Software Industry

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

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



Movella Holdings 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 Jun. 2023 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.


Movella Holdings  (OTCPK:MVLA) EBIT Explanation

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

Movella Holdings's annualized ROC % for the quarter that ended in Jun. 2023 is calculated as:

ROC % (Q: Jun. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Mar. 2023 ) + Invested Capital (Q: Jun. 2023 ))/ count )
=-30.944 * ( 1 - -0.51% )/( (80.773 + 84.419)/ 2 )
=-31.1018144/82.596
=-37.66 %

where

Note: The Operating Income data used here is four times the quarterly (Jun. 2023) data.

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

Movella Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2023 is calculated as:

ROC (Joel Greenblatt) %(Q: Jun. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2023  Q: Jun. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-55.872/( ( (5.469 + max(0.69600000000001, 0)) + (5.826 + max(3.629, 0)) )/ 2 )
=-55.872/( ( 6.165 + 9.455 )/ 2 )
=-55.872/7.81
=-715.39 %

where Working Capital is:

Working Capital(Q: Mar. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(4.716 + 6.57 + 3.338) - (6.254 + 3.159 + 4.515)
=0.69600000000001

Working Capital(Q: Jun. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(5.517 + 6.348 + 3.148) - (5.09 + 3.053 + 3.241)
=3.629

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Jun. 2023) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2023 )
=-11.919/4.094
=-291.13 %

* 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.


Movella Holdings EBIT Related Terms

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Movella Holdings (Movella Holdings) Business Description

Traded in Other Exchanges
N/A
Address
3535 Executive Terminal Drive, Suite 110, Henderson, NV, USA, 89052
Movella Holdings Inc is a full-stack provider of sensors, software, and analytics that enable the digitization of movement. It serves the entertainment, health & sports, and automation & mobility markets.
Executives
Ben A Lee director, officer: See Remarks 3408 GARRETT DRIVE, SANTA CLARA CA 95054
Stephen M Smith officer: Chief Financial Officer
Boele De Bie officer: Chief Operating Officer C/O MOVELLA INC., 2570 NORTH FIRST STREET, SUITE 300, SAN JOSE CA 95131
Industry Ventures Tech Buyout, Lp 10 percent owner 30 HOTALING PLACE, 3RD FLOOR, SAN FRANCISCO CA 94111
Fp Credit Partners Phoenix Ii, L.p. 10 percent owner ONE LETTERMAN DR, BUILDING C - STE 410, SAN FRANCISCO CA 94129
Fp Credit Partners Gp Ii, L.p. 10 percent owner ONE LETTERMAN DR, BUILDING C - STE 410, SAN FRANCISCO CA 94129
Fp Credit Partners Ii, L.p. 10 percent owner ONE LETTERMAN DR, BUILDING C - STE 410, SAN FRANCISCO CA 94129
Fp Credit Partners Gp Ii Management, Llc 10 percent owner ONE LETTERMAN DR, BUILDING C - STE 410, SAN FRANCISCO CA 94129
Iv Tech Buyout Gp, Llc 10 percent owner 1950 UNIVERSITY AVENUE, SUITE 350, PALO ALTO CA 94303
Arrowhead Holdings, Llc / New 10 percent owner 1950 UNIVERSITY AVENUE, SUITE 350, PALO ALTO CA 94303
Hggc Pathfinder Holdings I, Llc 10 percent owner 1950 UNIVERSITY AVENUE, SUITE 350, PALO ALTO CA 94303
Pathfinder Acquisition Llc 10 percent owner 1950 UNIVERSITY AVENUE, PALO ALTO CA 94303
Chung David H S director 10900 NE 8TH STREET, SUITE 800, BELLEVUE WA 98004
Eric Salzman director C/O 8X8 INC., 675 CREEKSIDE WAY, CAMPCALL CA 95008
Wen Hsuan Hsieh director C/O DESKTOP METAL, INC., 63 THIRD AVENUE, BURLINGTON MA 01803