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Fortitude Group (Fortitude Group) Gross Profit : $0.00 Mil (TTM As of Sep. 2010)


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What is Fortitude Group Gross Profit?

Fortitude Group's gross profit for the three months ended in Sep. 2010 was $0.00 Mil. Fortitude Group's gross profit for the trailing twelve months (TTM) ended in Sep. 2010 was $0.00 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Fortitude Group's gross profit for the three months ended in Sep. 2010 was $0.00 Mil. Fortitude Group's Revenue for the three months ended in Sep. 2010 was $0.00 Mil. Therefore, Fortitude Group's Gross Margin % for the quarter that ended in Sep. 2010 was N/A%.

Fortitude Group had a gross margin of N/A% for the quarter that ended in Sep. 2010 => No sustainable competitive advantage


Fortitude Group Gross Profit Historical Data

The historical data trend for Fortitude Group'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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Fortitude Group Gross Profit Chart

Fortitude Group Annual Data
Trend Dec00 Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09
Gross Profit
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Fortitude Group Quarterly Data
Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10
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Competitive Comparison of Fortitude Group's Gross Profit

For the Asset Management subindustry, Fortitude Group'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.


Fortitude Group's Gross Profit Distribution in the Asset Management Industry

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

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



Fortitude Group Gross Profit Calculation

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

Fortitude Group's Gross Profit for the fiscal year that ended in Dec. 2009 is calculated as

Gross Profit (A: Dec. 2009 )=Revenue - Cost of Goods Sold
=0 - 0
=0.00

Fortitude Group's Gross Profit for the quarter that ended in Sep. 2010 is calculated as

Gross Profit (Q: Sep. 2010 )=Revenue - Cost of Goods Sold
=0 - 0
=0.00

Gross Profit for the trailing twelve months (TTM) ended in Sep. 2010 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.)

Fortitude Group's Gross Margin % for the quarter that ended in Sep. 2010 is calculated as

Gross Margin % (Q: Sep. 2010 )=Gross Profit (Q: Sep. 2010 ) / Revenue (Q: Sep. 2010 )
=(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.


Fortitude Group  (OTCPK:FRTD) 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

Fortitude Group had a gross margin of N/A% for the quarter that ended in Sep. 2010 => No sustainable competitive advantage


Fortitude Group Gross Profit Related Terms

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Fortitude Group (Fortitude Group) Business Description

Traded in Other Exchanges
N/A
Address
1001 State Street, Erie, PA, USA, 16501
Fortitude Group Inc is a diversified investment company. It invests in multiple sectors of the economy targeting joint ventures, wholly owned subsidiaries and or majority/minority positions that cross various market segments with the goal of creating a quality company that builds intrinsic value for its shareholders.

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