Business earnings from Total Revenue after deducting the COGS and OPEX and Non-Recurring Expenses:
EBIT = EBITDA − D&A + Non-Operating Revenue - Non-Recurring Expenses
EBIT = Sales − COGS − OPEX + Non-Operating Revenue - Non-Recurring Expenses
EBIT = Sales − COGS − SG&A − D&A + Non-Operating Revenue - Non-Recurring Expenses
Connection with Operating Profit:
Operating Profit = EBIT - Non-Operating Revenue + Non-Recurring Expenses
See also
Business / Business Administration / Financial Management / Financial Accounting / Profit and Loss (P&L)