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Stingray Group Gross Profit

: $214.0 Mil (TTM As of Sep. 2021)
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Stingray Group's gross profit for the three months ended in Sep. 2021 was $56.4 Mil. Stingray Group's gross profit for the trailing twelve months (TTM) ended in Sep. 2021 was $214.0 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Stingray Group's gross profit for the three months ended in Sep. 2021 was $56.4 Mil. Stingray Group's Revenue for the three months ended in Sep. 2021 was $56.4 Mil. Therefore, Stingray Group's Gross Margin % for the quarter that ended in Sep. 2021 was N/A%.

Stingray Group had a gross margin of N/A% for the quarter that ended in Sep. 2021 => No sustainable competitive advantage

During the past 7 years, the highest Gross Margin % of Stingray Group was 67.20%. The lowest was 0.00%. And the median was 65.17%.


Stingray Group Gross Profit Historical Data

The historical data trend for Stingray Group'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.

Stingray Group Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21
Gross Profit
Premium Member Only Premium Member Only 49.47 63.97 159.04 219.71 198.48

Stingray Group Quarterly Data
Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21
Gross Profit 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 Premium Member Only Premium Member Only Premium Member Only 41.36 56.65 47.99 53.03 56.37

Competitive Comparison

For the Broadcasting subindustry, Stingray Group'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.

   

Stingray Group Gross Profit Distribution

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

* The bar in red indicates where Stingray Group's Gross Profit falls into.



Stingray Group Gross Profit Calculation

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

Stingray Group's Gross Profit for the fiscal year that ended in Mar. 2021 is calculated as

Gross Profit (A: Mar. 2021 )=Revenue - Cost of Goods Sold
=198.47879704034 - 0
=198.5

Stingray Group's Gross Profit for the quarter that ended in Sep. 2021 is calculated as

Gross Profit (Q: Sep. 2021 )=Revenue - Cost of Goods Sold
=56.372030621103 - 0
=56.4

Gross Profit for the trailing twelve months (TTM) ended in Sep. 2021 adds up the quarterly data reported by the company within the most recent 12 months, which was $214.0 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.)

Stingray Group's Gross Margin % for the quarter that ended in Sep. 2021 is calculated as

Gross Margin % (Q: Sep. 2021 )=Gross Profit (Q: Sep. 2021 ) / Revenue (Q: Sep. 2021 )
=(Revenue - Cost of Goods Sold) / Revenue
=56.4 / 56.372030621103
=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.


Stingray Group  (OTCPK:STGYF) 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

Stingray Group had a gross margin of N/A% for the quarter that ended in Sep. 2021 => No sustainable competitive advantage


Stingray Group Gross Profit Related Terms

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Stingray Group Business Description

Stingray Group logo
Industry
Comparable Companies
Traded in Other Exchanges
Address
730 Wellington Street, Montreal, QC, CAN, H3C 1T4
Stingray Group Inc is a music, media, and technology company. The company is a provider of curated direct-to-consumer and B2B services, including audio television channels, radio stations, SVOD content, 4K UHD television channels, karaoke products, digital signage, in-store music, and music apps. It operates through the following segments namely Broadcasting and commercial music segment; Radio segment and Corporate and eliminations. The company generates maximum revenue from Broadcasting and commercial music segment.

Stingray Group Headlines

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