GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » SK Growth Opportunities Corp (NAS:SKGR) » Definitions » Gross Margin %

SK Growth Opportunities (SK Growth Opportunities) Gross Margin % : 0.00% (As of Mar. 2024)


View and export this data going back to 2022. Start your Free Trial

What is SK Growth Opportunities Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. SK Growth Opportunities's Gross Profit for the three months ended in Mar. 2024 was $0.00 Mil. SK Growth Opportunities's Revenue for the three months ended in Mar. 2024 was $0.00 Mil. Therefore, SK Growth Opportunities's Gross Margin % for the quarter that ended in Mar. 2024 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 SK Growth Opportunities's Gross Margin % or its related term are showing as below:


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

SK Growth Opportunities had a gross margin of N/A% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage

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


SK Growth Opportunities Gross Margin % Historical Data

The historical data trend for SK Growth Opportunities'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.

SK Growth Opportunities Gross Margin % Chart

SK Growth Opportunities Annual Data
Trend Dec21 Dec22 Dec23
Gross Margin %
- - -

SK Growth Opportunities Quarterly Data
Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Gross Margin % Get a 7-Day Free Trial Premium Member Only - - - - -

Competitive Comparison of SK Growth Opportunities's Gross Margin %

For the Shell Companies subindustry, SK Growth Opportunities'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.


SK Growth Opportunities's Gross Margin % Distribution in the Diversified Financial Services Industry

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

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



SK Growth Opportunities 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.)

SK Growth Opportunities's Gross Margin for the fiscal year that ended in Dec. 2023 is calculated as

Gross Margin % (A: Dec. 2023 )=Gross Profit (A: Dec. 2023 ) / Revenue (A: Dec. 2023 )
=0 / 0
=(Revenue - Cost of Goods Sold) / Revenue
=(0 - 0) / 0
=N/A %

SK Growth Opportunities'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
=(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.


SK Growth Opportunities  (NAS:SKGR) 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

SK Growth Opportunities had a gross margin of N/A% 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.


SK Growth Opportunities Gross Margin % Related Terms

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


SK Growth Opportunities (SK Growth Opportunities) Business Description

Traded in Other Exchanges
N/A
Address
228 Park Avenue S, Suite 96693, New York, NY, USA, 10003
SK Growth Opportunities Corp is a blank check company. The company was formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses.
Executives
Michael Noonen director C/O 8X8 INC, 2445 MISSION COLLEGE BLVD, SANTA CLARA CA 95054
John A. Boehner director 401 N. MAIN STREET, WINSTON-SALEM NC 27101
Martin J. Payne director 7809 WOODMONT AVENUE, SUITE 200, BETHESDA MD 20814
Richard H. Chin director, officer: Chief Executive Officer C/O SK GROWTH, 3979 FREEDOM CIRCLE, SUITE 540, SANTA CLARA CA 95054
Auxo Capital Managers Llc 10 percent owner 3979 FREEDOM CIRCLE, SUITE 540, SANTA CLARA CA 95054
Derek Edward Jensen director, officer: Chief Financial Officer 3979 FREEDOM CIRCLE, SUITE 450, SANTA CLARA CA 95054