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Logiq Asset Management (Logiq Asset Management) Gross Profit : $-8.66 Mil (TTM As of Mar. 2018)


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What is Logiq Asset Management Gross Profit?

Logiq Asset Management's gross profit for the three months ended in Mar. 2018 was $0.01 Mil. Logiq Asset Management's gross profit for the trailing twelve months (TTM) ended in Mar. 2018 was $-8.66 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Logiq Asset Management's gross profit for the three months ended in Mar. 2018 was $0.01 Mil. Logiq Asset Management's Revenue for the three months ended in Mar. 2018 was $0.01 Mil. Therefore, Logiq Asset Management's Gross Margin % for the quarter that ended in Mar. 2018 was N/A%.

Logiq Asset Management had a gross margin of N/A% for the quarter that ended in Mar. 2018 => No sustainable competitive advantage


Logiq Asset Management Gross Profit Historical Data

The historical data trend for Logiq Asset Management'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.

Logiq Asset Management Gross Profit Chart

Logiq Asset Management Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Sep17
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 24.82 33.43 41.12 26.69 3.48

Logiq Asset Management Quarterly Data
Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18
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 0.44 5.47 -14.15 0.01 0.01

Competitive Comparison of Logiq Asset Management's Gross Profit

For the Asset Management subindustry, Logiq Asset Management'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.


Logiq Asset Management's Gross Profit Distribution in the Asset Management Industry

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

* The bar in red indicates where Logiq Asset Management's Gross Profit falls into.



Logiq Asset Management Gross Profit Calculation

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

Logiq Asset Management's Gross Profit for the fiscal year that ended in Sep. 2017 is calculated as

Gross Profit (A: Sep. 2017 )=Revenue - Cost of Goods Sold
=3.479 - 0
=3.48

Logiq Asset Management's Gross Profit for the quarter that ended in Mar. 2018 is calculated as

Gross Profit (Q: Mar. 2018 )=Revenue - Cost of Goods Sold
=0.006 - 0
=0.01

Gross Profit for the trailing twelve months (TTM) ended in Mar. 2018 adds up the quarterly data reported by the company within the most recent 12 months, which was $-8.66 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.)

Logiq Asset Management's Gross Margin % for the quarter that ended in Mar. 2018 is calculated as

Gross Margin % (Q: Mar. 2018 )=Gross Profit (Q: Mar. 2018 ) / Revenue (Q: Mar. 2018 )
=(Revenue - Cost of Goods Sold) / Revenue
=0.01 / 0.006
=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.


Logiq Asset Management  (OTCPK:AHFCF) 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

Logiq Asset Management had a gross margin of N/A% for the quarter that ended in Mar. 2018 => No sustainable competitive advantage


Logiq Asset Management Gross Profit Related Terms

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Logiq Asset Management (Logiq Asset Management) Business Description

Traded in Other Exchanges
N/A
Address
Logiq Asset Management Ltd. is a Canada based company engaged in asset management and advisory business. The main business activities of the company are management, distribution, and administration of mutual funds, closed-end funds, private equity funds, hedge funds, segregated institutional funds, and other fee-based investment products for Canadian investors. Management fees for portfolios contribute majorly to the company's revenue.

Logiq Asset Management (Logiq Asset Management) Headlines

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