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GX Acquisition II (GX Acquisition II) Gross Margin % : 0.00% (As of Dec. 2022)


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What is GX Acquisition II Gross Margin %?

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


GXIIU's Gross Margin % is not ranked *
in the Diversified Financial Services industry.
Industry Median: 44.71
* Ranked among companies with meaningful Gross Margin % only.

GX Acquisition II had a gross margin of N/A% for the quarter that ended in Dec. 2022 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for GX Acquisition II was 0.00% per year.


GX Acquisition II Gross Margin % Historical Data

The historical data trend for GX Acquisition II'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.

GX Acquisition II Gross Margin % Chart

GX Acquisition II Annual Data
Trend Dec20 Dec21 Dec22
Gross Margin %
- - -

GX Acquisition II Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22
Gross Margin % Get a 7-Day Free Trial Premium Member Only - - - - -

Competitive Comparison of GX Acquisition II's Gross Margin %

For the Shell Companies subindustry, GX Acquisition II'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.


GX Acquisition II's Gross Margin % Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, GX Acquisition II's Gross Margin % distribution charts can be found below:

* The bar in red indicates where GX Acquisition II's Gross Margin % falls into.



GX Acquisition II 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.)

GX Acquisition II's Gross Margin for the fiscal year that ended in Dec. 2022 is calculated as

Gross Margin % (A: Dec. 2022 )=Gross Profit (A: Dec. 2022 ) / Revenue (A: Dec. 2022 )
=0 / 0
=(Revenue - Cost of Goods Sold) / Revenue
=(0 - 0) / 0
=N/A %

GX Acquisition II's Gross Margin for the quarter that ended in Dec. 2022 is calculated as


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


GX Acquisition II  (NAS:GXIIU) 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

GX Acquisition II had a gross margin of N/A% for the quarter that ended in Dec. 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.


GX Acquisition II Gross Margin % Related Terms

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GX Acquisition II (GX Acquisition II) Business Description

Traded in Other Exchanges
N/A
Address
1325 Avenue of the Americas, 28th Floor, New York, NY, USA, 10019
Website
GX Acquisition Corp II is a blank check company.
Executives
Plc Barclays 10 percent owner 1 CHURCHILL PLACE, CANARY WHARF, LONDON X0 E14 5HP
Marc Mazur director 31 WEST 52ND ST. 17TH FLOOR, NEW YORK NY 10019
Dean C Kehler director, 10 percent owner, officer: Co-CEO and Co-Chairman C/O TRIMARAN CAPITAL PARTNERS, 622 THIRD AVENUE, 35TH FLOOR, NEW YORK NY 10017
Jay R Bloom director, 10 percent owner, officer: Co-CEO and Co-Chairman C/O TRIMARAN CAPITAL PARTNERS, 622 THIRD AVENUE, 35TH FLOOR, NEW YORK NY 10017
Andrea J. Kellett officer: Chief Financial Officer 1325 AVENUE OF THE AMERICAS, 25TH FLOOR, NEW YORK NY 10019
Michael G Maselli officer: President 1325 AVENUE OF THE AMERICAS, 25TH FLOOR, NEW YORK NY 10019
Hillel Weinberger director 1325 AVENUE OF THE AMERICAS, 25TH FLOOR, NEW YORK NY 10019
James W Harpel director C/O PALM BEACH CAPITAL, 525 SOUTH FLAGLER DRIVE, SUITE 201, WEST PALM BEACH FL 33401
Gx Sponsor Ii Llc 10 percent owner 1325 AVENUE OF THE AMERICAS, 25TH FLOOR, NEW YORK NY 10019
Arthur D. Baer officer: Vice President 30 WEST 63RD. STREET, APT. #3J, NEW YORK NY 10023
Jordan S. Bloom officer: Vice President 1325 AVENUE OF THE AMERICAS, 25TH FLOOR, NEW YORK NY 10019