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Arkanova Energy (Arkanova Energy) Gross Profit : $-0.79 Mil (TTM As of Sep. 2016)


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What is Arkanova Energy Gross Profit?

Arkanova Energy's gross profit for the three months ended in Sep. 2016 was $-0.58 Mil. Arkanova Energy's gross profit for the trailing twelve months (TTM) ended in Sep. 2016 was $-0.79 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Arkanova Energy's gross profit for the three months ended in Sep. 2016 was $-0.58 Mil. Arkanova Energy's Revenue for the three months ended in Sep. 2016 was $0.10 Mil. Therefore, Arkanova Energy's Gross Margin % for the quarter that ended in Sep. 2016 was -577.00%.

Arkanova Energy had a gross margin of -577.00% for the quarter that ended in Sep. 2016 => No sustainable competitive advantage


Arkanova Energy Gross Profit Historical Data

The historical data trend for Arkanova Energy's Gross Profit 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.

Arkanova Energy Gross Profit Chart

Arkanova Energy Annual Data
Trend Sep07 Sep08 Sep09 Sep10 Sep11 Sep12 Sep13 Sep14 Sep15 Sep16
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.05 0.07 0.06 -0.29 -0.79

Arkanova Energy Quarterly Data
Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16
Gross Profit Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.31 -0.10 -0.03 -0.08 -0.58

Competitive Comparison of Arkanova Energy's Gross Profit

For the Oil & Gas E&P subindustry, Arkanova Energy's Gross Profit, along with its competitors' market caps and Gross Profit 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.


Arkanova Energy's Gross Profit Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Arkanova Energy's Gross Profit distribution charts can be found below:

* The bar in red indicates where Arkanova Energy's Gross Profit falls into.



Arkanova Energy Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

Arkanova Energy's Gross Profit for the fiscal year that ended in Sep. 2016 is calculated as

Gross Profit (A: Sep. 2016 )=Revenue - Cost of Goods Sold
=0.351 - 1.138
=-0.79

Arkanova Energy's Gross Profit for the quarter that ended in Sep. 2016 is calculated as

Gross Profit (Q: Sep. 2016 )=Revenue - Cost of Goods Sold
=0.1 - 0.677
=-0.58

Gross Profit for the trailing twelve months (TTM) ended in Sep. 2016 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.79 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

Arkanova Energy's Gross Margin % for the quarter that ended in Sep. 2016 is calculated as

Gross Margin % (Q: Sep. 2016 )=Gross Profit (Q: Sep. 2016 ) / Revenue (Q: Sep. 2016 )
=(Revenue - Cost of Goods Sold) / Revenue
=-0.58 / 0.1
=-577.00 %

* 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.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


Arkanova Energy  (OTCPK:AKVA) Gross Profit Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Arkanova Energy had a gross margin of -577.00% for the quarter that ended in Sep. 2016 => No sustainable competitive advantage


Arkanova Energy Gross Profit Related Terms

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Arkanova Energy (Arkanova Energy) Business Description

Traded in Other Exchanges
N/A
Address
305 Camp Craft Road, Suite 525, Austin, TX, USA, 78746
Arkanova Energy Corp is a junior producing oil and gas company. The company is engaged in the acquisition, exploration, and development of prospective oil and gas properties. The company holds mineral leases in leasehold interests located in Pondera and Glacier Counties, Montana. Its subsidiaries include Arkanova Acquisition Corporation, Prism Corporation and Provident Energy of Montana, LLC.

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