Adcore (TSX:ADCO) Gross-Profit-to-Asset % : 67.59% (As of Mar. 2024)

View and export this data going back to 2018. Start your Free Trial

What is Adcore Gross-Profit-to-Asset %?

Gross-Profit-to-Asset % is calculated as Gross Profit divided by its average Total Assets over a certain period of time. Adcore's annualized Gross Profit for the quarter that ended in Mar. 2024 was C$12.42 Mil. Adcore's average Total Assets over the quarter that ended in Mar. 2024 was C$18.38 Mil. Therefore, Adcore's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 67.59%.

Adcore Gross-Profit-to-Asset % Historical Data

The historical data trend for Adcore's Gross-Profit-to-Asset % 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.

Adcore Gross-Profit-to-Asset % Chart

Adcore Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Gross-Profit-to-Asset %

Get a 7-Day Free Trial

162.33

66.21

56.25

55.09

64.73

Adcore Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Gross-Profit-to-Asset %	Get a 7-Day Free Trial															60.37	72.85	76.94	78.97	67.59

Competitive Comparison of Adcore's Gross-Profit-to-Asset %

For the Software - Application subindustry, Adcore's Gross-Profit-to-Asset %, along with its competitors' market caps and Gross-Profit-to-Asset % 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.

Adcore's Gross-Profit-to-Asset % Distribution in the Software Industry

For the Software industry and Technology sector, Adcore's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Adcore's Gross-Profit-to-Asset % falls into.

Adcore Gross-Profit-to-Asset % Calculation

Adcore's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Dec. 2023 is calculated as:

Gross-Profit-to-Asset %	=	Gross Profit (A: Dec. 2023 )	/	( (Total Assets (A: Dec. 2022 )	+	Total Assets (A: Dec. 2023 ))	/ count )
	=	12.659	/	( (19.757	+	19.357)	/ 2 )
	=	12.659	/	19.557
	=	64.73 %

Adcore's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 is calculated as:

Gross-Profit-to-Asset %	=	Gross Profit (Q: Mar. 2024 )	/	( (Total Assets (Q: Dec. 2023 )	+	Total Assets (Q: Mar. 2024 ))	/ count )
	=	12.42	/	( (19.357	+	17.394)	/ 2 )
	=	12.42	/	18.3755
	=	67.59 %

In the calculation of annual Gross-Profit-to-Asset %, the Gross Profit of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Gross Profit data used here is four times the quarterly (Mar. 2024) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.

Adcore Gross-Profit-to-Asset % Related Terms

Thank you for viewing the detailed overview of Adcore's Gross-Profit-to-Asset % provided by GuruFocus.com. Please click on the following links to see related term pages.

Adcore (TSX:ADCO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Adcore Inc (TSX:ADCO) » Definitions » Gross-Profit-to-Asset %

Comparable Companies

Traded in Other Exchanges

ADCOF:USA ADQ:Germany

Address

105 Allenby Street, Yafo, Tel Aviv, ISR, 6513444

Website

https://www.adcore.com

Adcore Inc is a provider of machine-learning powered advertising technologies used by digital advertisers to enhance and maximize their Search Engine Marketing (SEM). It offers various products and services such as SEMDoc, Feeditor, and ADCORE Views. The company serves retail; travel; financial; food; education and other industries. It provides a solution to small and large agencies and direct advertisers. The Company and its subsidiaries are engaged in the following segments: AdTech which is an e-commerce advertising management and automation platform. EdTech which is a marketplace for live classes, connecting and enriching humanity through knowledge.

Adcore (TSX:ADCO) Headlines

No Headlines