AI Artificial Intelligence Ventures (TSXV:AIVC) EBIT : C$-5.47 Mil (TTM As of Feb. 2024)

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What is AI Artificial Intelligence Ventures EBIT?

AI Artificial Intelligence Ventures's earnings before interest and taxes (EBIT) for the three months ended in Feb. 2024 was C$-0.48 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Feb. 2024 was C$-5.47 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. AI Artificial Intelligence Ventures's annualized ROC % for the quarter that ended in Feb. 2024 was -1,054.04%. AI Artificial Intelligence Ventures's annualized ROC (Joel Greenblatt) % for the quarter that ended in Feb. 2024 was %.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. AI Artificial Intelligence Ventures's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Feb. 2024 was -43.94%.

AI Artificial Intelligence Ventures EBIT Historical Data

The historical data trend for AI Artificial Intelligence Ventures'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.

AI Artificial Intelligence Ventures EBIT Chart

AI Artificial Intelligence Ventures Annual Data

Trend

Aug14

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

EBIT

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-3.80

1.81

-1.28

-5.50

-2.06

AI Artificial Intelligence Ventures Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
EBIT	Get a 7-Day Free Trial															1.27	-2.22	-2.09	-0.67	-0.48

Competitive Comparison of AI Artificial Intelligence Ventures's EBIT

For the Asset Management subindustry, AI Artificial Intelligence Ventures'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.

AI Artificial Intelligence Ventures's EV-to-EBIT Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, AI Artificial Intelligence Ventures's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where AI Artificial Intelligence Ventures's EV-to-EBIT falls into.

AI Artificial Intelligence Ventures 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 Feb. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-5.47 Mil.

AI Artificial Intelligence Ventures (TSXV:AIVC) EBIT Explanation

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

AI Artificial Intelligence Ventures's annualized ROC % for the quarter that ended in Feb. 2024 is calculated as:

	ROC % (Q: Feb. 2024 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Nov. 2023 )	+	Invested Capital (Q: Feb. 2024 ))	/ count )
=	-2.672 * ( 1 - 0% )	/	( (0.26	+	0.247)	/ 2 )
=	-2.672	/	0.2535
=	-1,054.04 %

where

	Invested Capital		(Q: Nov. 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	))
=	2.65	-	0.823	-	( 2.333	-	max(0, 1.083	-	2.65	+	2.333	))
=	0.26

	Invested Capital		(Q: Feb. 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	))
=	2.2	-	0.869	-	( 1.884	-	max(0, 1.116	-	2.2	+	1.884	))
=	0.247

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

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

AI Artificial Intelligence Ventures's annualized ROC (Joel Greenblatt) % for the quarter that ended in Feb. 2024 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Feb. 2024 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Nov. 2023		Q: Feb. 2024
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-1.932	/	( ( (0 + max(-0.823, 0))	+	(0 + max(-0.765, 0)) )	/	2 )
=	-1.932	/	( ( 0	+	0 )	/	2 )
=	-1.932	/	0
=	%

where Working Capital is:

	Working Capital		(Q: Nov. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	-4.4408920985006E-16)	-	(0.823	+	0	+	0)
=	-0.823

	Working Capital		(Q: Feb. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0.104)	-	(0.869	+	0	+	0)
=	-0.765

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Feb. 2024) EBIT data.

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

AI Artificial Intelligence Ventures's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Feb. 2024 )
	=	-5.465	/	12.437
	=	-43.94 %

AI Artificial Intelligence Ventures EBIT Related Terms

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AI Artificial Intelligence Ventures (TSXV:AIVC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » AI Artificial Intelligence Ventures Inc (TSXV:AIVC) » Definitions » EBIT

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ESIFF:USA L1D:Germany

Address

409 Granville Street, Suite 1000, Vancouver, BC, CAN, V6C 1T2

Website

https://www.aivc-inc.com

AI Artificial Intelligence Ventures Inc is a Canada-based company that operates in building a portfolio of investments, with a view to participating in income and capital growth from the ultimate sale or other disposal of those investments.

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