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Adara Acquisition (Adara Acquisition) Gross Profit : $0.00 Mil (TTM As of Sep. 2022)


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What is Adara Acquisition Gross Profit?

Adara Acquisition's gross profit for the three months ended in Sep. 2022 was $0.00 Mil. Adara Acquisition's gross profit for the trailing twelve months (TTM) ended in Sep. 2022 was $0.00 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Adara Acquisition's gross profit for the three months ended in Sep. 2022 was $0.00 Mil. Adara Acquisition's Revenue for the three months ended in Sep. 2022 was $0.00 Mil. Therefore, Adara Acquisition's Gross Margin % for the quarter that ended in Sep. 2022 was N/A%.

Adara Acquisition had a gross margin of N/A% for the quarter that ended in Sep. 2022 => No sustainable competitive advantage


Adara Acquisition Gross Profit Historical Data

The historical data trend for Adara Acquisition'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.

Adara Acquisition Gross Profit Chart

Adara Acquisition Annual Data
Trend Dec20 Dec21
Gross Profit
- -

Adara Acquisition Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
Gross Profit Get a 7-Day Free Trial - - - - -

Competitive Comparison of Adara Acquisition's Gross Profit

For the Shell Companies subindustry, Adara Acquisition'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.


Adara Acquisition's Gross Profit Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Adara Acquisition's Gross Profit distribution charts can be found below:

* The bar in red indicates where Adara Acquisition's Gross Profit falls into.



Adara Acquisition Gross Profit Calculation

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

Adara Acquisition's Gross Profit for the fiscal year that ended in Dec. 2021 is calculated as

Gross Profit (A: Dec. 2021 )=Revenue - Cost of Goods Sold
=0 - 0
=0.00

Adara Acquisition's Gross Profit for the quarter that ended in Sep. 2022 is calculated as

Gross Profit (Q: Sep. 2022 )=Revenue - Cost of Goods Sold
=0 - 0
=0.00

Gross Profit for the trailing twelve months (TTM) ended in Sep. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.00 Mil.

Gross Profit is the numerator in the calculation of Gross Margin. (Note that if there's no value for Cost of Goods Sold, then Gross Margin % is not calculated.)

Adara Acquisition's Gross Margin % for the quarter that ended in Sep. 2022 is calculated as

Gross Margin % (Q: Sep. 2022 )=Gross Profit (Q: Sep. 2022 ) / Revenue (Q: Sep. 2022 )
=(Revenue - Cost of Goods Sold) / Revenue
=0.00 / 0
=N/A %

* 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.


Adara Acquisition  (AMEX:ADRA.U) 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

Adara Acquisition had a gross margin of N/A% for the quarter that ended in Sep. 2022 => No sustainable competitive advantage


Adara Acquisition Gross Profit Related Terms

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Adara Acquisition (Adara Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
8845 Red Oak Boulevard, Charlotte, NC, USA, 28217
Adara Acquisition Corp is a blank check company.
Executives
Paul Eibeler director C/O MOOMJIAN & WAITE, LLP, 100 JERICHO QUADRANGLE STE 225, JERICHO NY 11753
Ogilvie Bruce A Jr director, 10 percent owner, officer: See Remarks 1401 NW 136TH AVE, SUITE 100, SUNRISE FL 33323
John Edwin Kutch officer: Chief Financial Officer 1401 NW 136TH AVE, SUITE 100, SUNRISE FL 33323
Chris Nagelson director 1401 NW 136TH AVE, SUITE 100, SUNRISE FL 33323
Terilea J Wielenga director 25 CEDAR RIDGE, IRVINE CA 92603
Jeffrey Clinton Walker director, 10 percent owner, officer: Chief Executive Officer 1401 NW 136TH AVE, SUITE 100, SUNRISE FL 33323
Dylan Glenn director 535 BROAD HOLLOW ROAD, SUITE B51, MELVILLE NY 11747
Martin A. Sumichrast director, 10 percent owner, officer: Chief Executive Officer 11125 COLONIAL COUNTRY LANE, CHARLOTTE NC 28277
Thomas M Finke director BARINGS LLC, 300 SOUTH TRYON STREET, SUITE 2500, CHARLOTTE NC 28202
Paul G Porter officer: Chief Financial Officer 7621 LITTLE AVE, STE 414, CHARLOTTE NC 28226
Adara Sponsor Llc 10 percent owner 8845 RED OAK BOULEVARD, CHARLOTTE NC 28217
Donaldson Walter Tommy Iii director 211 EAST BLVD., CHARLOTTE NC 28203
Beatriz Acevedo-greiff director 1023 MAPLE STREET, SANTA MONICA CA 90405
Frank Quintero director 1966 DEERMONT RD, GLENDALE CA 91207

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