Vita Mobile Systems (Vita Mobile Systems) Gross Margin % : 0.00% (As of . 20)

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What is Vita Mobile Systems Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Vita Mobile Systems's Gross Profit for the three months ended in . 20 was $0.00 Mil. Vita Mobile Systems's Revenue for the three months ended in . 20 was $0.00 Mil. Therefore, Vita Mobile Systems's Gross Margin % for the quarter that ended in . 20 was 0.00%. If there's no value for Cost of Goods Sold, then Gross Margin % is not calculated.

The historical rank and industry rank for Vita Mobile Systems's Gross Margin % or its related term are showing as below:

VMSI's Gross Margin % is not ranked ^*
in the Interactive Media industry.
Industry Median: 60.93
* Ranked among companies with meaningful Gross Margin % only.

Vita Mobile Systems had a gross margin of N/A% for the quarter that ended in . 20 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Vita Mobile Systems was 0.00% per year.

Vita Mobile Systems Gross Margin % Historical Data

The historical data trend for Vita Mobile Systems's Gross Margin % 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.

Vita Mobile Systems Gross Margin % Chart

Vita Mobile Systems Annual Data

Trend

Gross Margin %

Vita Mobile Systems Quarterly Data

Gross Margin %

Competitive Comparison of Vita Mobile Systems's Gross Margin %

For the Internet Content & Information subindustry, Vita Mobile Systems's Gross Margin %, along with its competitors' market caps and Gross Margin % 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.

Vita Mobile Systems's Gross Margin % Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Vita Mobile Systems's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Vita Mobile Systems's Gross Margin % falls into.

Vita Mobile Systems Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue. (Note that if there's no value for Cost of Goods Sold, then Gross Margin % is not calculated.)

Vita Mobile Systems's Gross Margin for the fiscal year that ended in . 20 is calculated as

Gross Margin % (A: . 20 )	=	Gross Profit (A: . 20 )	/	Revenue (A: . 20 )
	=	0	/
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	( - )	/
	=	N/A %

Vita Mobile Systems's Gross Margin for the quarter that ended in . 20 is calculated as

Gross Margin % (Q: . 20 )	=	Gross Profit (Q: . 20 )	/	Revenue (Q: . 20 )
	=	0	/
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	( - )	/
	=	N/A %

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.

Vita Mobile Systems (OTCPK:VMSI) Gross Margin % 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

Vita Mobile Systems had a gross margin of N/A% for the quarter that ended in . 20 => No sustainable competitive advantage

Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.

Vita Mobile Systems Gross Margin % Related Terms

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Vita Mobile Systems (Vita Mobile Systems) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Vita Mobile Systems Inc (OTCPK:VMSI) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

2640 Main Street, Irvine, CA, USA, 92614

Website

https://www.vitamobilesystems.com

Vita Mobile Systems Inc is an internet technology and marketing company. It focuses on digital imaging and technology in mobile devices. The company's application VITA is for iOS and Android smart mobile devices that will illustrate locations and current events. The application introduced the use of a camera and reorganizes the process for posting pictures and videos.

Vita Mobile Systems (Vita Mobile Systems) Headlines

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