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Axios Mobile Assets (Axios Mobile Assets) Gross Profit : $-2.05 Mil (TTM As of Sep. 2016)


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What is Axios Mobile Assets Gross Profit?

Axios Mobile Assets's gross profit for the three months ended in Sep. 2016 was $-0.27 Mil. Axios Mobile Assets's gross profit for the trailing twelve months (TTM) ended in Sep. 2016 was $-2.05 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Axios Mobile Assets's gross profit for the three months ended in Sep. 2016 was $-0.27 Mil. Axios Mobile Assets's Revenue for the three months ended in Sep. 2016 was $0.71 Mil. Therefore, Axios Mobile Assets's Gross Margin % for the quarter that ended in Sep. 2016 was -37.87%.

Axios Mobile Assets had a gross margin of -37.87% for the quarter that ended in Sep. 2016 => No sustainable competitive advantage


Axios Mobile Assets Gross Profit Historical Data

The historical data trend for Axios Mobile Assets'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.

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Axios Mobile Assets Gross Profit Chart

Axios Mobile Assets Annual Data
Trend Sep08 Sep09 Sep10 Dec11 Dec12 Dec13 Dec14 Dec15
Gross Profit
Get a 7-Day Free Trial - -0.18 -1.01 -0.38 -0.86

Axios Mobile Assets 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 0.07 -0.92 -0.54 -0.32 -0.27

Competitive Comparison of Axios Mobile Assets's Gross Profit

For the Communication Equipment subindustry, Axios Mobile Assets'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.


Axios Mobile Assets's Gross Profit Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Axios Mobile Assets's Gross Profit distribution charts can be found below:

* The bar in red indicates where Axios Mobile Assets's Gross Profit falls into.



Axios Mobile Assets Gross Profit Calculation

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

Axios Mobile Assets's Gross Profit for the fiscal year that ended in Dec. 2015 is calculated as

Gross Profit (A: Dec. 2015 )=Revenue - Cost of Goods Sold
=0.998 - 1.855
=-0.86

Axios Mobile Assets's Gross Profit for the quarter that ended in Sep. 2016 is calculated as

Gross Profit (Q: Sep. 2016 )=Revenue - Cost of Goods Sold
=0.713 - 0.983
=-0.27

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 $-2.05 Mil.

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

Axios Mobile Assets'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
=-0.27 / 0.713
=-37.87 %

* 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.


Axios Mobile Assets  (OTCPK:AXBSF) 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

Axios Mobile Assets had a gross margin of -37.87% for the quarter that ended in Sep. 2016 => No sustainable competitive advantage


Axios Mobile Assets Gross Profit Related Terms

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Axios Mobile Assets (Axios Mobile Assets) Business Description

Traded in Other Exchanges
N/A
Address
30 Topflight Drive, Unit 7, Mississauga, ON, CAN, L5S 0A8
Axios Mobile Assets Corp is a Canada based logistics enabler featuring a next generation, bio-based pallet technology, which can be bundled with its proprietary cross-platform tracking and information system that helps improve the value chain in the logistics market. The company's bundled offering aims to provide lower total cost, lighter weight, sanitary pallets, and real-time data. Its segments are Pallet Rental which accounts for the majority revenues and Freight Services.

Axios Mobile Assets (Axios Mobile Assets) Headlines

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