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CLDVD (Cloud3 Ventures) Gross Margin % : -33.33% (As of Mar. 2024)


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What is Cloud3 Ventures Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Cloud3 Ventures's Gross Profit for the three months ended in Mar. 2024 was $-0.01 Mil. Cloud3 Ventures's Revenue for the three months ended in Mar. 2024 was $0.04 Mil. Therefore, Cloud3 Ventures's Gross Margin % for the quarter that ended in Mar. 2024 was -33.33%.


The historical rank and industry rank for Cloud3 Ventures's Gross Margin % or its related term are showing as below:

CLDVD' s Gross Margin % Range Over the Past 10 Years
Min: -3.08   Med: 12.5   Max: 12.5
Current: -3.08


During the past 5 years, the highest Gross Margin % of Cloud3 Ventures was 12.50%. The lowest was -3.08%. And the median was 12.50%.

CLDVD's Gross Margin % is ranked worse than
89.41% of 529 companies
in the Asset Management industry
Industry Median: 51.87 vs CLDVD: -3.08

Cloud3 Ventures had a gross margin of -33.33% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Cloud3 Ventures was 0.00% per year.


Cloud3 Ventures Gross Margin % Historical Data

The historical data trend for Cloud3 Ventures'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.

Cloud3 Ventures Gross Margin % Chart

Cloud3 Ventures Annual Data
Trend Jun19 Jun20 Jun21 Jun22 Jun23
Gross Margin %
- - - - 13.89

Cloud3 Ventures Quarterly Data
Jun19 Jun20 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Gross Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - 13.89 10.00 28.57 -33.33

Competitive Comparison of Cloud3 Ventures's Gross Margin %

For the Asset Management subindustry, Cloud3 Ventures'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.


Cloud3 Ventures's Gross Margin % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Cloud3 Ventures's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Cloud3 Ventures's Gross Margin % falls into.



Cloud3 Ventures Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Cloud3 Ventures's Gross Margin for the fiscal year that ended in Jun. 2023 is calculated as

Gross Margin % (A: Jun. 2023 )=Gross Profit (A: Jun. 2023 ) / Revenue (A: Jun. 2023 )
=0 / 0.036
=(Revenue - Cost of Goods Sold) / Revenue
=(0.036 - 0.031) / 0.036
=13.89 %

Cloud3 Ventures's Gross Margin for the quarter that ended in Mar. 2024 is calculated as


Gross Margin % (Q: Mar. 2024 )=Gross Profit (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=-0 / 0.036
=(Revenue - Cost of Goods Sold) / Revenue
=(0.036 - 0.048) / 0.036
=-33.33 %

* 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.


Cloud3 Ventures  (OTCPK:CLDVD) 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

Cloud3 Ventures had a gross margin of -33.33% for the quarter that ended in Mar. 2024 => 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.


Cloud3 Ventures Gross Margin % Related Terms

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Cloud3 Ventures Business Description

Traded in Other Exchanges
Address
22 Leader Lane, Suite 409, Toronto, ON, CAN, M5E 0B2
Cloud3 Ventures Inc formerly Orthogonal Global Group Inc is a diversified investment company focused on identifying, incubating, accelerating, and developing world-class projects and applications for the decentralized web. Focused on supporting founders and entrepreneurs, Orthogonal Global core investment pillars are blockchain-based transparency, secured identity, verified communications, and gamification, focusing on early-stage, small and medium enterprises in the burgeoning Web three sector.