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Windfall Geotek (Windfall Geotek) Gross Profit : $0.29 Mil (TTM As of Nov. 2023)


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What is Windfall Geotek Gross Profit?

Windfall Geotek's gross profit for the three months ended in Nov. 2023 was $0.06 Mil. Windfall Geotek's gross profit for the trailing twelve months (TTM) ended in Nov. 2023 was $0.29 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Windfall Geotek's gross profit for the three months ended in Nov. 2023 was $0.06 Mil. Windfall Geotek's Revenue for the three months ended in Nov. 2023 was $0.06 Mil. Therefore, Windfall Geotek's Gross Margin % for the quarter that ended in Nov. 2023 was N/A%.

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


Windfall Geotek Gross Profit Historical Data

The historical data trend for Windfall Geotek'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.

Windfall Geotek Gross Profit Chart

Windfall Geotek Annual Data
Trend Feb14 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.02 0.46 0.48 0.45 0.49

Windfall Geotek Quarterly Data
Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23
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 0.05 0.05 0.18 - 0.06

Competitive Comparison of Windfall Geotek's Gross Profit

For the Software - Application subindustry, Windfall Geotek'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.


Windfall Geotek's Gross Profit Distribution in the Software Industry

For the Software industry and Technology sector, Windfall Geotek's Gross Profit distribution charts can be found below:

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



Windfall Geotek Gross Profit Calculation

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

Windfall Geotek's Gross Profit for the fiscal year that ended in Feb. 2023 is calculated as

Gross Profit (A: Feb. 2023 )=Revenue - Cost of Goods Sold
=0.489 - 0
=0.49

Windfall Geotek's Gross Profit for the quarter that ended in Nov. 2023 is calculated as

Gross Profit (Q: Nov. 2023 )=Revenue - Cost of Goods Sold
=0.055 - 0
=0.06

Gross Profit for the trailing twelve months (TTM) ended in Nov. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.29 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.)

Windfall Geotek's Gross Margin % for the quarter that ended in Nov. 2023 is calculated as

Gross Margin % (Q: Nov. 2023 )=Gross Profit (Q: Nov. 2023 ) / Revenue (Q: Nov. 2023 )
=(Revenue - Cost of Goods Sold) / Revenue
=0.06 / 0.055
=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.


Windfall Geotek  (OTCPK:WINKF) 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

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


Windfall Geotek Gross Profit Related Terms

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Windfall Geotek (Windfall Geotek) Business Description

Traded in Other Exchanges
Address
7005 Boulevard Taschereau, Suite 265, Brossard, QC, CAN, J4Z 1A7
Windfall Geotek Inc is an Artificial Intelligence company developing its proprietary CARDS analysis and data mining techniques. The Company is exploring a new business model through which it will advance projects where the CARDS artificial intelligence software platform has identified high-potential targets. The Company has determined that it operates in two segments, being acquisition, exploration and development of mineral properties for economically recoverable reserves in Canada and providing AI services.

Windfall Geotek (Windfall Geotek) Headlines