Absolute Software EBIT

Absolute Software (ABST) currently reports a EBIT of $-2.4M as of March 2023. That compares with $-14M in the prior-year period — up 83.0% year over year. That is below the Technology sector average of $12T. Use the charts on this page to explore Absolute Software's EBIT history and peer comparisons.

Absolute Software's EBIT increased from $-14M to $-2.4M — a 83.0% year-over-year increase (period ending March 2023). Watching multi-year history on the chart below helps separate one-off swings from a lasting trend.

Absolute Software's EBIT of $-2.4M is lower than the Technology sector average of $12T. That is roughly 100.0% below the sector mean. A reading lower peers can reflect different growth expectations, capital structure, or profitability — so it is worth checking the peer comparison chart before drawing conclusions.

Absolute Software reported $-2.4M in EBIT as of March 2023. That compares with $-14M in the prior-year period — up 83.0% year over year. Absolute dollar amounts are most useful when compared with prior periods, peers, and related line items such as revenue, assets, or liabilities on Stockcircle.

Start with the current EBIT of $-2.4M, then check the historical chart for trend and the peer comparison chart for relative positioning. The Technology average is $12T. From there, open related valuation or income-statement pages for Absolute Software, and consider following ABST for alerts when major investors trade the stock.