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Paid (PAYD) EBIT : $-0.21 Mil (TTM As of Mar. 2024)


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What is Paid EBIT?

Paid's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was $-0.04 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was $-0.21 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Paid's annualized ROC % for the quarter that ended in Mar. 2024 was -3.86%. Paid's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -646.81%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Paid's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -1.79%.


Paid EBIT Historical Data

The historical data trend for Paid'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.

Paid EBIT Chart

Paid 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 -0.71 -2.13 -0.49 0.06 -0.59

Paid 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 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 -0.42 -0.07 -0.07 -0.04 -0.04

Competitive Comparison of Paid's EBIT

For the Software - Application subindustry, Paid'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.


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

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

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



Paid 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 $-0.21 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.


Paid  (OTCPK:PAYD) EBIT Explanation

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

Paid'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 )
=-0.152 * ( 1 - 1.97% )/( (3.338 + 4.381)/ 2 )
=-0.1490056/3.8595
=-3.86 %

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:

Paid'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 )
=-0.152/( ( (0.025 + max(-1.578, 0)) + (0.022 + max(-1.299, 0)) )/ 2 )
=-0.152/( ( 0.025 + 0.022 )/ 2 )
=-0.152/0.0235
=-646.81 %

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)
=(0.206 + 0 + 0.135) - (1.903 + 0.015 + 0.0010000000000001)
=-1.578

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.291 + 0 + 0.118) - (1.695 + 0.013 + 2.2204460492503E-16)
=-1.299

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=-0.206/11.514
=-1.79 %

* 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.


Paid EBIT Related Terms

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


Paid (PAYD) Business Description

Traded in Other Exchanges
N/A
Address
225 Cedar Hill Street, Suite 200, Marlborough, MA, USA, 01752
Paid Inc is an all-in-one e-commerce service platform focusing on web development and online auctions. It operates in six segments: Client services, Shipping calculator services, Brewery management software, Merchant processing services, and shipping coordination & label generation services, and corporate operations. The majority of its revenue comes from its shipping coordination & label generation services segment. Some of its products are PaidWeb, PaidCart, PaidPayments, and PaidShipping. Its geographical segments are Canada and the United States, of which the majority of its revenue comes from Canada.
Executives
David Daniel Scott officer: Chief Operating Officer 798 UPPER KENILWORTH AVE, HAMILTON A6 L8T5A4
Christopher J Coghlin 10 percent owner 27 OTIS STREET, WESTBOROUGH MA 01581
Pratt Allan director 79 LAURENDALE AVENUE, WATERDOWN A6 L0R 2H3
Laurie Diane Bradley director 8128 TIMBER TRAIL, WHITE LAKE MI 48386
David Ogden director 6517 AUTUMN WOODS BLVD., NAPLES FL 34109
Terry Fokas director 6630 NORTHPORT DRIVE, DALLAS TX 75230
James P O'neil director C/O PAID, INC., 40 WASHINGTON STREET, SUITE 3000, WESTBOROUGH MA 01581
Lewis William Austin Iv director, officer: President and CEO 201 E 87TH STREET, APT 5H, NEW YORK NY 10128
Andrew Pilaro director C/O SALES ONLINE DIRECT INC, 4 BRUSSELS ST, WORCESTER MA 01610
Christopher Culross officer: CFO, Treas., Asst. Secretary 4 BRUSSELS STREET, WORCESTER MA 01610
Gregory Rotman director, officer: President and CEO C/O PAID INC, 4 BRUSSELS STREET, WORCESTER MA 01610
Augustine Fund Lp 10 percent owner 141 WEST JACKSON BLVD. STE. 2182, CHICAGO IL 60606
Thomas F Duszynski 10 percent owner 141 W. JACKSON, SUITE 2182, CHICAGO IL 60604
John T Porter 10 percent owner 141 W. JACKSON, SUITE 2182, CHICAGO IL 60604
Brian D Porter 10 percent owner 141 W. JACKSON, SUITE 2182, CHICAGO IL 60604

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