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Bexil (BXLC) Gross Profit : $0.65 Mil (TTM As of Sep. 2023)


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What is Bexil Gross Profit?

Bexil's gross profit for the three months ended in Sep. 2023 was $0.65 Mil. Bexil's gross profit for the trailing twelve months (TTM) ended in Sep. 2023 was $0.65 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Bexil's gross profit for the three months ended in Sep. 2023 was $0.65 Mil. Bexil's Revenue for the three months ended in Sep. 2023 was $0.65 Mil. Therefore, Bexil's Gross Margin % for the quarter that ended in Sep. 2023 was N/A%.

Bexil had a gross margin of N/A% for the quarter that ended in Sep. 2023 => No sustainable competitive advantage

During the past 8 years, the highest Gross Margin % of Bexil was -28.05%. The lowest was -28.05%. And the median was -28.05%.


Bexil Gross Profit Historical Data

The historical data trend for Bexil'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.

Bexil Gross Profit Chart

Bexil Annual Data
Trend Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11
Gross Profit
Get a 7-Day Free Trial - - - - 0.86

Bexil Quarterly Data
Sep07 Dec07 Mar08 Jun08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Sep22 Sep23
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 0.21 0.29 0.31 0.65 0.65

Competitive Comparison of Bexil's Gross Profit

For the Asset Management subindustry, Bexil'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.


Bexil's Gross Profit Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Bexil's Gross Profit distribution charts can be found below:

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



Bexil Gross Profit Calculation

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

Bexil's Gross Profit for the fiscal year that ended in Dec. 2011 is calculated as

Gross Profit (A: Dec. 2011 )=Revenue - Cost of Goods Sold
=0.862 - 0
=0.86

Bexil's Gross Profit for the quarter that ended in Sep. 2023 is calculated as

Gross Profit (Q: Sep. 2023 )=Revenue - Cost of Goods Sold
=0.647 - 0
=0.65

Gross Profit for the trailing twelve months (TTM) ended in Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.65 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.)

Bexil's Gross Margin % for the quarter that ended in Sep. 2023 is calculated as

Gross Margin % (Q: Sep. 2023 )=Gross Profit (Q: Sep. 2023 ) / Revenue (Q: Sep. 2023 )
=(Revenue - Cost of Goods Sold) / Revenue
=0.65 / 0.647
=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.


Bexil  (OTCPK:BXLC) 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

Bexil had a gross margin of N/A% for the quarter that ended in Sep. 2023 => No sustainable competitive advantage


Bexil Gross Profit Related Terms

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Bexil (BXLC) Business Description

Traded in Other Exchanges
N/A
Address
2255 Buffalo Road, Rochester, NY, USA, 12545
Bexil Corporation is a United States firm engaged through a wholly-owned subsidiary, Bexil Advisers LLC, in investment management. Bexil Advisers is a registered investment adviser and the investment manager to Dividend and Income Fund, a closed-end fund.
Executives
Mark Campbell Winmill 10 percent owner 3814 ROUTE 44, MILLBROOK NY 12545
John F Ramirez officer: Chief Compliance Officer 11 HANOVER SQUARE, 12TH FLOOR, NEW YORK NY 10005
Thomas Omalley officer: Chief Financial Officer 3814 ROUTE 44, MILLBROOK NY 12545
Bexil Corp officer: Chief Financial Officer 2255 BUFFALO ROAD, ROCHESTER NY 14624
Thomas Bassett Winmill director, 10 percent owner, officer: President P.O. BOX 4, WALPOLE NH 03608
Bassett Starr Winmill director, 10 percent owner, officer: Executive Chairman 11 HANOVER SQUARE, NEW YORK NY 10005
Burke Russell E Iii director 3814 ROUTE 44, MILLBROOK NY 12545
Investor Service Center Inc /de 10 percent owner 11 HANOVER SQUARE, NEW YORK NY 10005