GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » FAST Acquisition Corp (NYSE:FST) » Definitions » Gross Margin %

FAST Acquisition (FAST Acquisition) Gross Margin % : 0.00% (As of Jun. 2022)


View and export this data going back to 2020. Start your Free Trial

What is FAST Acquisition Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. FAST Acquisition's Gross Profit for the three months ended in Jun. 2022 was $0.00 Mil. FAST Acquisition's Revenue for the three months ended in Jun. 2022 was $0.00 Mil. Therefore, FAST Acquisition's Gross Margin % for the quarter that ended in Jun. 2022 was 0.00%. If there's no value for Cost of Goods Sold, then Gross Margin % is not calculated.


The historical rank and industry rank for FAST Acquisition's Gross Margin % or its related term are showing as below:


FST's Gross Margin % is not ranked *
in the Diversified Financial Services industry.
Industry Median: 49.655
* Ranked among companies with meaningful Gross Margin % only.

FAST Acquisition had a gross margin of N/A% for the quarter that ended in Jun. 2022 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for FAST Acquisition was 0.00% per year.


FAST Acquisition Gross Margin % Historical Data

The historical data trend for FAST Acquisition's Gross Margin % 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.

FAST Acquisition Gross Margin % Chart

FAST Acquisition Annual Data
Trend Dec20 Dec21
Gross Margin %
- -

FAST Acquisition Quarterly Data
Jun20 Sep20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
Gross Margin % Get a 7-Day Free Trial - - - - -

Competitive Comparison of FAST Acquisition's Gross Margin %

For the Shell Companies subindustry, FAST Acquisition's Gross Margin %, along with its competitors' market caps and Gross Margin % 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.


FAST Acquisition's Gross Margin % Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, FAST Acquisition's Gross Margin % distribution charts can be found below:

* The bar in red indicates where FAST Acquisition's Gross Margin % falls into.



FAST Acquisition Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue. (Note that if there's no value for Cost of Goods Sold, then Gross Margin % is not calculated.)

FAST Acquisition's Gross Margin for the fiscal year that ended in Dec. 2021 is calculated as

Gross Margin % (A: Dec. 2021 )=Gross Profit (A: Dec. 2021 ) / Revenue (A: Dec. 2021 )
=0 / 0
=(Revenue - Cost of Goods Sold) / Revenue
=(0 - 0) / 0
=N/A %

FAST Acquisition's Gross Margin for the quarter that ended in Jun. 2022 is calculated as


Gross Margin % (Q: Jun. 2022 )=Gross Profit (Q: Jun. 2022 ) / Revenue (Q: Jun. 2022 )
=0 / 0
=(Revenue - Cost of Goods Sold) / Revenue
=(0 - 0) / 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.


FAST Acquisition  (NYSE:FST) Gross Margin % 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

FAST Acquisition had a gross margin of N/A% for the quarter that ended in Jun. 2022 => No sustainable competitive advantage


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


FAST Acquisition Gross Margin % Related Terms

Thank you for viewing the detailed overview of FAST Acquisition's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


FAST Acquisition (FAST Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
109 Old Branchville Road, Ridgefield, CT, USA, 06877
FAST Acquisition Corp is a blank check company.
Executives
Chatham Asset Management, Llc 10 percent owner 26 MAIN STREET, SUITE 204, CHATHAM NJ 07928
Glazer Capital, Llc 10 percent owner 250 WEST 55TH STREET, SUITE 30A, NEW YORK NY 10019
Michael Lastoria director C/O VELOCITY ACQUISITION CORP., 109 OLD BRANCHVILLE RD, RIDGEFIELD CT 06877
Paul J Glazer 10 percent owner 250 WEST 55TH ST, SUITE 30A, NEW YORK NY 10019
Kevin Michael Reddy director 3 MINETTA STREET, NEW YORK NY 10012
Kimberly Grant officer: Chief Strategy Officer 150 WEST CHURCH AVENUE, MARYVILLE TN 37801
Alice Elliot director C/O BARFRESH FOOD GROUP, INC., 8530 WILSHIRE BOULEVARD, SUITE 450, BEVERLY HILLS CA 90211
Ramin Arani director C/O LIVEXLIVE MEDIA, INC, 920 SUNSET BOULEVARD, SUITE #1201, WEST HOLLYWOOD CA 90069
Todd Higgins officer: Chief Operating Officer 3 MINETTA STREET, NEW YORK NY 10012
Garrett Schreiber officer: Chief Financial Officer 3 MINETTA STREET, NEW YORK NY 10012
Sandy Beall officer: Co-Chief Executive Officer 3 MINETTA STREET, NEW YORK NY 10012
Fast Sponsor, Llc 10 percent owner, other: Director by Deputization 3 MINETTA STREET, NEW YORK NY 10012
William Douglas Jacob director, 10 percent owner, officer: Co-Chief Executive Officer 3 MINETTA STREET, NEW YORK NY 10012
Sanjay Chadda director 3 MINETTA STREET, NEW YORK NY 10012
Steve Kassin director C/O VELOCITY ACQUISITION CORP., 109 OLD BRANCHVILLE RD, RIDGEFIELD CT 06877