Touchpoint EBIT margin
What is the EBIT margin of Touchpoint?
The EBIT margin of Touchpoint Group Holdings, Inc. is -8,776.47%
What is the definition of EBIT margin?
EBIT margin is a profitability ratio that measures earnings of the company as a percentage of revenue without taking into account the effect of taxes and interest.
ttm (trailing twelve months)
EBIT margin measures the profitability and operational efficiency of a company. It compares the amount of money that remains after the cost of goods and all operating expenses are subtracted from net revenue to sales. EBIT margin is calculated as earnings before interest and taxes divided by net revenue.
EBIT and EBIT margin evaluate how well a business manages its operations. Interest and taxes are not operating expenses and don’t impact operating efficiency. EBIT margin is usually used to compare operational efficiency and profitability of companies within the same industry. Taxes can vary by location thus excluding them from the calculation gives a better basis for comparing different companies.
EBIT and operating income are often used interchangeably, but there is a difference between them, which can cause the numbers to give different results. The key difference is that operating income does not include non-operating income, non-operating expenses, and other income.
EBIT margin of companies in the Communication Services sector on NYSE compared to Touchpoint
What does Touchpoint do?
Touchpoint Group Holdings, Inc., through its subsidiaries, operates as a software development company in the United States, Hong Kong, China, and the United Kingdom. The company engages in the software development, design, integration, support, and maintenance services of a robust fan engagement platform that enhances fan experience and drives commercial aspects of the sport and entertainment business. Its fan engagement platform also brings users closer to the action by enabling them to engage with clubs, favorite players, peers, and relevant brands through various features, including live streaming, access to limited edition merchandise, gamification, user rewards, third party branded offers, credit cards, and related benefits. The company was formerly known as One Horizon Group, Inc. and changed its name to Touchpoint Group Holdings, Inc. in September 2019. Touchpoint Group Holdings, Inc. was incorporated in 1972 and is based in Miami, Florida.
Companies with ebit margin similar to Touchpoint
- Digjam has EBIT margin of -9,243.11%
- NetCents Technology has EBIT margin of -9,203.34%
- CurAegis Technologies has EBIT margin of -9,200.00%
- Atyr Pharma Inc has EBIT margin of -9,171.60%
- Liminal Biosciences Inc has EBIT margin of -8,975.88%
- Aminex Plc has EBIT margin of -8,840.96%
- Touchpoint has EBIT margin of -8,776.47%
- Koonenberry Gold has EBIT margin of -8,756.57%
- Zosano Pharma Corp has EBIT margin of -8,622.15%
- Concepta PLC has EBIT margin of -8,621.18%
- Clean TeQ has EBIT margin of -8,463.62%
- Onconova Therapeutics Inc has EBIT margin of -8,384.07%
- POET Technologies has EBIT margin of -8,153.08%