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Wealthcraft Capital (Wealthcraft Capital) Gross Profit : $0.76 Mil (TTM As of Sep. 2023)


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What is Wealthcraft Capital Gross Profit?

Wealthcraft Capital's gross profit for the three months ended in Sep. 2023 was $0.42 Mil. Wealthcraft Capital's gross profit for the trailing twelve months (TTM) ended in Sep. 2023 was $0.76 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Wealthcraft Capital's gross profit for the three months ended in Sep. 2023 was $0.42 Mil. Wealthcraft Capital's Revenue for the three months ended in Sep. 2023 was $0.42 Mil. Therefore, Wealthcraft Capital's Gross Margin % for the quarter that ended in Sep. 2023 was N/A%.

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

During the past 6 years, the highest Gross Margin % of Wealthcraft Capital was 72.04%. The lowest was 16.43%. And the median was 39.56%.


Wealthcraft Capital Gross Profit Historical Data

The historical data trend for Wealthcraft Capital'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.

Wealthcraft Capital Gross Profit Chart

Wealthcraft Capital Annual Data
Trend Dec03 Dec04 Dec05 Dec06 Dec07 Dec08
Gross Profit
Get a 7-Day Free Trial - 0.12 0.54 0.15 0.71

Wealthcraft Capital Quarterly Data
Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Sep15 Mar16 Jun16 Sep16 Mar22 Sep22 Mar23 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 - 0.51 0.56 0.34 0.42

Competitive Comparison of Wealthcraft Capital's Gross Profit

For the Security & Protection Services subindustry, Wealthcraft Capital'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.


Wealthcraft Capital's Gross Profit Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Wealthcraft Capital's Gross Profit distribution charts can be found below:

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



Wealthcraft Capital Gross Profit Calculation

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

Wealthcraft Capital's Gross Profit for the fiscal year that ended in Dec. 2008 is calculated as

Gross Profit (A: Dec. 2008 )=Revenue - Cost of Goods Sold
=1.589 - 0.88
=0.71

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

Gross Profit (Q: Sep. 2023 )=Revenue - Cost of Goods Sold
=0.415 - 0
=0.42

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 $0.76 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.)

Wealthcraft Capital'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
=0.42 / 0.415
=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.


Wealthcraft Capital  (OTCPK:WCCP) 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

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


Wealthcraft Capital Gross Profit Related Terms

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Wealthcraft Capital (Wealthcraft Capital) Business Description

Traded in Other Exchanges
N/A
Address
300 South Park Avenue, Suite 818, Pomona, CA, USA, 91766
Wealthcraft Capital Inc operates through its subsidiary which is engaged in providing security services for commercial, retail, and industrial customers, with customized services and special patrol methods applicable to the cannabis industry.
Executives
Li Jenny Xiao Zhen officer: CFO ROOM 1005, 10TH FLOOR, 3 ARBUTHNOT ROAD, HONG KONG K3 SAR
Hulleman Curtis Cornelius director, 10 percent owner, officer: Director and CIO ROOM 1005, 10TH FLOOR, 3 ARBUTHNOT ROAD, HONG KONG K3 SAR
Tallas Kelly Jay Michael director, 10 percent owner, officer: President & CEO ROOM 1005, 10TH FLOOR, 3 ARBUTHNOT ROAD, HONG KONG K3 SAR

Wealthcraft Capital (Wealthcraft Capital) Headlines