Sports Ventures Acquisition EBIT

Sports Ventures Acquisition (AKIC) currently reports a EBIT of $-7.7M as of September 2022. That compares with $-640K in the prior-year period — down 1095.6% year over year. That is below the sector sector average of $-6.4M. Use the charts on this page to explore Sports Ventures Acquisition's EBIT history and peer comparisons.

Sports Ventures Acquisition's EBIT decreased from $-640K to $-7.7M — a 1095.6% year-over-year decrease (period ending September 2022). Watching multi-year history on the chart below helps separate one-off swings from a lasting trend.

Sports Ventures Acquisition's EBIT of $-7.7M is lower than the its sector sector average of $-6.4M. That is roughly 20.0% 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.

Sports Ventures Acquisition reported $-7.7M in EBIT as of September 2022. That compares with $-640K in the prior-year period — down 1095.6% 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 $-7.7M, then check the historical chart for trend and the peer comparison chart for relative positioning. The sector average is $-6.4M. From there, open related valuation or income-statement pages for Sports Ventures Acquisition, and consider following AKIC for alerts when major investors trade the stock.