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Altimeter Growth 2 (Altimeter Growth 2) Gross Margin % : 0.00% (As of Sep. 2022)


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What is Altimeter Growth 2 Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Altimeter Growth 2's Gross Profit for the three months ended in Sep. 2022 was $0.00 Mil. Altimeter Growth 2's Revenue for the three months ended in Sep. 2022 was $0.00 Mil. Therefore, Altimeter Growth 2's Gross Margin % for the quarter that ended in Sep. 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 Altimeter Growth 2's Gross Margin % or its related term are showing as below:


AGCB's Gross Margin % is not ranked *
in the Diversified Financial Services industry.
Industry Median: 45.39
* Ranked among companies with meaningful Gross Margin % only.

Altimeter Growth 2 had a gross margin of N/A% for the quarter that ended in Sep. 2022 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Altimeter Growth 2 was 0.00% per year.


Altimeter Growth 2 Gross Margin % Historical Data

The historical data trend for Altimeter Growth 2'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.

Altimeter Growth 2 Gross Margin % Chart

Altimeter Growth 2 Annual Data
Trend Dec20 Dec21
Gross Margin %
- -

Altimeter Growth 2 Quarterly Data
Oct20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
Gross Margin % Get a 7-Day Free Trial - - - - -

Competitive Comparison of Altimeter Growth 2's Gross Margin %

For the Shell Companies subindustry, Altimeter Growth 2'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.


Altimeter Growth 2's Gross Margin % Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Altimeter Growth 2's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Altimeter Growth 2's Gross Margin % falls into.



Altimeter Growth 2 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.)

Altimeter Growth 2'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 %

Altimeter Growth 2's Gross Margin for the quarter that ended in Sep. 2022 is calculated as


Gross Margin % (Q: Sep. 2022 )=Gross Profit (Q: Sep. 2022 ) / Revenue (Q: Sep. 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.


Altimeter Growth 2  (NYSE:AGCB) 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

Altimeter Growth 2 had a gross margin of N/A% for the quarter that ended in Sep. 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.


Altimeter Growth 2 Gross Margin % Related Terms

Thank you for viewing the detailed overview of Altimeter Growth 2's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Altimeter Growth 2 (Altimeter Growth 2) Business Description

Traded in Other Exchanges
N/A
Address
2550 Sand Hill Road, Suite 150, Menlo Park, CA, USA, 94025
Altimeter Growth Corp 2 is a blank-check company. It is formed for the purpose of merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities.
Executives
Hab Siam officer: General Counsel 2550 SAND HILL ROAD, SUITE 150, MENLO PARK CA 94025
Richard N Barton director C/O IAC, 152 WEST 57TH STREET, NEW YORK NY 10019
Lexi Reese director 2 FOLSOM STREET, SAN FRANCISCO CA 94105
Anu Hariharan director 2550 SAND HILL ROAD, SUITE 150, MENLO PARK CA 94025
Anita Lynch director 2550 SAND HILL ROAD, SUITE 150, MENLO PARK CA 94025
Brad Gerstner director, 10 percent owner, officer: CEO and President 20880 STONE OAK PKWY, SAN ANTONIO TX 78258

Altimeter Growth 2 (Altimeter Growth 2) Headlines

From GuruFocus

Altimeter Growth Corp. 2 Announces Liquidation

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