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Arax Holdings (Arax Holdings) Gross Profit : $0.91 Mil (TTM As of Jan. 2024)


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What is Arax Holdings Gross Profit?

Arax Holdings's gross profit for the three months ended in Jan. 2024 was $0.23 Mil. Arax Holdings's gross profit for the trailing twelve months (TTM) ended in Jan. 2024 was $0.91 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Arax Holdings's gross profit for the three months ended in Jan. 2024 was $0.23 Mil. Arax Holdings's Revenue for the three months ended in Jan. 2024 was $0.23 Mil. Therefore, Arax Holdings's Gross Margin % for the quarter that ended in Jan. 2024 was N/A%.

Arax Holdings had a gross margin of N/A% for the quarter that ended in Jan. 2024 => No sustainable competitive advantage


Arax Holdings Gross Profit Historical Data

The historical data trend for Arax Holdings'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.

Arax Holdings Gross Profit Chart

Arax Holdings Annual Data
Trend Oct12 Oct13 Oct14 Oct15 Oct16 Oct20 Oct21 Oct22 Oct23
Gross Profit
Get a 7-Day Free Trial Premium Member Only - - - - 0.91

Arax Holdings Quarterly Data
Apr16 Jul16 Oct16 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 0.23 0.23 0.23 0.23 0.23

Competitive Comparison of Arax Holdings's Gross Profit

For the Software - Infrastructure subindustry, Arax Holdings'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.


Arax Holdings's Gross Profit Distribution in the Software Industry

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

* The bar in red indicates where Arax Holdings's Gross Profit falls into.



Arax Holdings Gross Profit Calculation

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

Arax Holdings's Gross Profit for the fiscal year that ended in Oct. 2023 is calculated as

Gross Profit (A: Oct. 2023 )=Revenue - Cost of Goods Sold
=0.909 - 0
=0.91

Arax Holdings's Gross Profit for the quarter that ended in Jan. 2024 is calculated as

Gross Profit (Q: Jan. 2024 )=Revenue - Cost of Goods Sold
=0.227 - 0
=0.23

Gross Profit for the trailing twelve months (TTM) ended in Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.91 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.)

Arax Holdings's Gross Margin % for the quarter that ended in Jan. 2024 is calculated as

Gross Margin % (Q: Jan. 2024 )=Gross Profit (Q: Jan. 2024 ) / Revenue (Q: Jan. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=0.23 / 0.227
=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.


Arax Holdings  (OTCPK:ARAT) 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

Arax Holdings had a gross margin of N/A% for the quarter that ended in Jan. 2024 => No sustainable competitive advantage


Arax Holdings Gross Profit Related Terms

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Arax Holdings (Arax Holdings) Business Description

Traded in Other Exchanges
N/A
Address
30 North Gould Street, Sheridan, WY, USA, 82801
Arax Holdings Corp invests in TechFin and blockchain-based software solutions companies. The primary focus of Arax is to fuse decentralized solutions with financial service providers within multiple markets and communication networks to bring blockchain to everyday life.

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