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NTN Buzztime (NTN Buzztime) Gross Profit : $2.89 Mil (TTM As of Dec. 2020)


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What is NTN Buzztime Gross Profit?

NTN Buzztime's gross profit for the three months ended in Dec. 2020 was $0.63 Mil. NTN Buzztime's gross profit for the trailing twelve months (TTM) ended in Dec. 2020 was $2.89 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. NTN Buzztime's gross profit for the three months ended in Dec. 2020 was $0.63 Mil. NTN Buzztime's Revenue for the three months ended in Dec. 2020 was $1.18 Mil. Therefore, NTN Buzztime's Gross Margin % for the quarter that ended in Dec. 2020 was 53.79%.

NTN Buzztime had a gross margin of 53.79% for the quarter that ended in Dec. 2020 => Durable competitive advantage


NTN Buzztime Gross Profit Historical Data

The historical data trend for NTN Buzztime'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.

NTN Buzztime Gross Profit Chart

NTN Buzztime Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.60 14.52 15.27 12.32 2.89

NTN Buzztime Quarterly Data
Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20
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 2.23 1.44 0.14 0.68 0.63

Competitive Comparison of NTN Buzztime's Gross Profit

For the Broadcasting subindustry, NTN Buzztime'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.


NTN Buzztime's Gross Profit Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, NTN Buzztime's Gross Profit distribution charts can be found below:

* The bar in red indicates where NTN Buzztime's Gross Profit falls into.



NTN Buzztime Gross Profit Calculation

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

NTN Buzztime's Gross Profit for the fiscal year that ended in Dec. 2020 is calculated as

Gross Profit (A: Dec. 2020 )=Revenue - Cost of Goods Sold
=5.8 - 2.907
=2.89

NTN Buzztime's Gross Profit for the quarter that ended in Dec. 2020 is calculated as

Gross Profit (Q: Dec. 2020 )=Revenue - Cost of Goods Sold
=1.175 - 0.543
=0.63

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2020 adds up the quarterly data reported by the company within the most recent 12 months, which was $2.89 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

NTN Buzztime's Gross Margin % for the quarter that ended in Dec. 2020 is calculated as

Gross Margin % (Q: Dec. 2020 )=Gross Profit (Q: Dec. 2020 ) / Revenue (Q: Dec. 2020 )
=(Revenue - Cost of Goods Sold) / Revenue
=0.63 / 1.175
=53.79 %

* 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.


NTN Buzztime  (AMEX:NTN) 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

NTN Buzztime had a gross margin of 53.79% for the quarter that ended in Dec. 2020 => Durable competitive advantage


NTN Buzztime Gross Profit Related Terms

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NTN Buzztime (NTN Buzztime) Business Description

Traded in Other Exchanges
N/A
Address
1800 Aston Avenue, Suite 100, Carlsbad, CA, USA, 92008
NTN Buzztime Inc delivers interactive entertainment and innovative dining technology to bars and restaurants in North America. It licenses its customizable solution that offers guests trivia, card, sports and single player games, nationwide competitions, and by offering self-service dining features including dynamic menus, touchscreen ordering, and secure payment. The company offers Buzztime Entertainment On Demand (BEOND), a tablet platform. It generates revenue by charging subscription fees for its service to its network subscribers, by leasing equipment to certain network subscribers, by hosting live trivia events, by selling advertising aired on in-venue screens and as part of customized games and by pay-to-play single player games.
Executives
Sandra M Gurrola officer: SVP of Finance 2231 RUTHERFORD ROAD, SUITE 200, CARLSBAD CA 92008
Allen Wolff director, officer: CEO 2231 RUTHERFORD ROAD, SUITE 200, CARLSBAD CA 92008
Robert S Ellin 10 percent owner 4751 WILSHIRE BLVD, 3RD FLOOR, LOS ANGELES CA 90010
Jeffrey Alan Berg 10 percent owner 5966 LA PLACE COURT, SUITE 100, CARLSBAD CA 92008
Richard Isaac Simtob director 2231 RUTHERFORD ROAD, SUITE 200, CARLSBAD CA 92008
Michael Gottlieb director 1800 ASTON AVE., SUITE 100, CARLSBAD CA 92008
Susan Elaine Miller director 1800 ASTON AVE., SUITE 100, CARLSBAD CA 92008
Ram Krishnan director, officer: CEO 2231 RUTHERFORD ROAD, SUITE 200, CARLSBAD CA 92008
Steve Mitgang director 5966 LA PLACE COURT, SUITE 100, CARLSBAD CA 92008
Paul Yanover director 2725 LAUREL PASS, LOS ANGELES CA 90046
Gregory Matthew Thomas director 2231 RUTHERFORD ROAD, SUITE 200, CARLSBAD CA 92008
Awm Investment Company, Inc. 10 percent owner 527 MADISON AVENUE, SUITE 2600, NEW YORK NY 10022
Tony Uphoff director 2231 RUTHERFORD RD, STE. 200, CARLSBAD CA 92008
Mary Beth Lewis director 5966 LA PLACE COURT, #100, CARLSBAD CA 92008
Dave Brian Miller officer: SVP Marketing 2231 RUTHERFORD ROAD, SUITE 200, CARLSBAD CA 92008