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Payoneer Global (Payoneer Global) EBIT : $127.0 Mil (TTM As of Mar. 2024)


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What is Payoneer Global EBIT?

Payoneer Global's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was $38.4 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was $127.0 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Payoneer Global's annualized ROC % for the quarter that ended in Mar. 2024 was 1.62%. Payoneer Global's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 394.53%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Payoneer Global's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 7.68%.


Payoneer Global EBIT Historical Data

The historical data trend for Payoneer Global'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.

Payoneer Global EBIT Chart

Payoneer Global Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial 3.64 -17.30 -30.21 -22.21 103.61

Payoneer Global Quarterly Data
Dec18 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 15.01 33.39 29.50 25.71 38.38

Competitive Comparison of Payoneer Global's EBIT

For the Software - Infrastructure subindustry, Payoneer Global'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.


Payoneer Global's EV-to-EBIT Distribution in the Software Industry

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

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



Payoneer Global 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 $127.0 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.


Payoneer Global  (NAS:PAYO) EBIT Explanation

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

Payoneer Global'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 )
=153.504 * ( 1 - 32.44% )/( (6639.93 + 6156.378)/ 2 )
=103.7073024/6398.154
=1.62 %

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))
=7283.119 - 76.441 - ( 617.022 - max(0, 6541.975 - 7108.723+617.022))
=6639.93

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))
=6795.485 - 83.105 - ( 587.18 - max(0, 6060.146 - 6616.148+587.18))
=6156.378

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

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

Payoneer Global'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 )
=153.504/( ( (40.353 + max(-101.44, 0)) + (37.463 + max(-85.383, 0)) )/ 2 )
=153.504/( ( 40.353 + 37.463 )/ 2 )
=153.504/38.908
=394.53 %

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)
=(7.98 + 0 + 6425.384) - (76.441 + 6390.526 + 67.837)
=-101.44

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(7.224 + 0 + 5961.186) - (83.105 + 5920.924 + 49.764)
=-85.383

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=126.973/1653.440
=7.68 %

* 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.


Payoneer Global EBIT Related Terms

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Payoneer Global (Payoneer Global) Business Description

Traded in Other Exchanges
N/A
Address
150 W 30th Street, New York, NY, USA, 10001
Payoneer Global Inc is the world's go-to partner for digital commerce, everywhere. The company started as a cross-border payments platform that empowers businesses, online sellers, and freelancers. The platform allows users to get paid in multiple currencies, bill global clients, and sell on marketplaces worldwide.
Executives
Arnon Kraft officer: Chief Operating Officer 150 W 30TH ST., NEW YORK NY 10001
Scott H. Galit director, officer: Chief Executive Officer C/O FTAC OLYMPUS ACQUISITION CORP., 2929 ARCH STREET, SUITE 1703, PHILADELPHIA PA 19104
Tsafi Goldman officer: CL&RO C/O FTAC OLYMPUS ACQUISITION CORP., 2929 ARCH STREET, SUITE 1703, PHILADELPHIA PA 19104
Avi Zeevi director C/O FTAC OLYMPUS ACQUISITION CORP., 2929 ARCH STREET, SUITE 1703, PHILADELPHIA PA 19104
Susanna Morgan director 1111 THIRD AVENUE, ST. 2100, C/O REMITLY GLOBAL, INC., SEATTLE WA 98101
Itai Perry officer: SVP Finance C/O CROWDSTRIKE HOLDINGS, INC., 206 E. 9TH STREET, AUSTIN TX 78701
Caro Del Castillo Sharda director C/O AFFIRM HOLDINGS, INC., 650 CALIFORNIA STREET, SAN FRANCISCO CA 94108
Beatrice Ordonez officer: Chief Financial Officer TWO BLUE HILL PLAZA - SECOND FLOOR, PEARL RIVER NY 10965
Michael G Levine officer: Chief Financial Officer C/O FTAC OLYMPUS ACQUISITION CORP., 2929 ARCH STREET, SUITE 1703, PHILADELPHIA PA 19104
Robert Kl Clarkson officer: Chief Revenue Officer 150 W 30TH ST., NEW YORK NY 10001
Assaf Ronen officer: Chief Platform Officer 234 1ST ST, SAN FRANCISCO CA 94105
John C. Morris director C/O VISA INC., P.O. BOX 8999, SAN FRANCISCO CA 94128-8999
John Caplan director, officer: Co-Chief Executive Officer C/O PAYONEER GLOBAL INC. 150 W. 30TH ST, NEW YORK NY 10001
Gilad Gruber officer: Chief Technology Officer 150 W. 30TH STREET, NEW YORK NY 10001
Pamela H Patsley director 53 SOUTH AVENUE, BULINGTON MA 01803