Netfin Acquisition (Netfin Acquisition) Gross Margin % : 0.00% (As of . 20)

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What is Netfin Acquisition Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Netfin Acquisition's Gross Profit for the six months ended in . 20 was $0.00 Mil. Netfin Acquisition's Revenue for the six months ended in . 20 was $0.00 Mil. Therefore, Netfin Acquisition's Gross Margin % for the quarter that ended in . 20 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 Netfin Acquisition's Gross Margin % or its related term are showing as below:

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

Netfin Acquisition had a gross margin of N/A% for the quarter that ended in . 20 => No sustainable competitive advantage

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

Netfin Acquisition Gross Margin % Historical Data

The historical data trend for Netfin Acquisition'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.

Netfin Acquisition Gross Margin % Chart

Netfin Acquisition Annual Data

Trend

Dec19

Gross Margin %

Netfin Acquisition Semi-Annual Data
	Dec19
Gross Margin %	-

Competitive Comparison of Netfin Acquisition's Gross Margin %

For the Shell Companies subindustry, Netfin Acquisition'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.

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

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

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

Netfin Acquisition 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.)

Netfin Acquisition's Gross Margin for the fiscal year that ended in . 20 is calculated as

Gross Margin % (A: . 20 )	=	Gross Profit (A: . 20 )	/	Revenue (A: . 20 )
	=	0	/
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	( - )	/
	=	N/A %

Netfin Acquisition's Gross Margin for the quarter that ended in . 20 is calculated as

Gross Margin % (Q: . 20 )	=	Gross Profit (Q: . 20 )	/	Revenue (Q: . 20 )
	=	0	/
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	( - )	/
	=	N/A %

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.

Netfin Acquisition (NAS:NFINU) 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

Netfin Acquisition had a gross margin of N/A% for the quarter that ended in . 20 => 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.

Netfin Acquisition Gross Margin % Related Terms

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Netfin Acquisition (Netfin Acquisition) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Netfin Acquisition Corp (NAS:NFINU) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

445 Park Avenue, 9th Floor, New York, NY, USA, 10022

Website

Netfin Acquisition Corp is a blank check company.

Executives

Marat Rosenberg	director, 10 percent owner, officer: President	17 FM 1830, ARGYLE TX 76226
Richard M Maurer	director, 10 percent owner, officer: Chief Executive Officer	THREE GATEWAY CENTER PITTSBURGH PA 15222
Mvr Netfin Llc	10 percent owner	1717 MCKINNEY AVENUE SUITE 700 DALLAS TX 75202
Vadim Komissarov	director	77 WATER STREET, 8TH FLOOR, NEW YORK NY 10005
Gerard Pascale	officer: CFO and Secretary	28 COTTONWOOD LANE HILTON HEAD SC 22926
Martin S Jaskel	director, officer: Executive Chairman	2 BROWNLOW COURT LYTTLETON ROAD LONDON X0 N20EA