AF3 Capital (TSXV:AFC.P) Gross Margin %: 0.00% (As of Dec. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TSXV:AFC.P AF3 Capital Corp TSXV:AFC.P
15 GF Score
Price C$0.18
View Full Analysis

What is AF3 Capital Gross Margin %?

AF3 Capital TSXV:AFC.P 15 Gross Margin % is 0.00% as of Dec. 2025. GuruFocus rates TSXV:AFC.P with a GF Score™ of 15/100. Among 71 Diversified Financial Services companies, AF3 Capital ranks worse than 1408449.3% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. AF3 Capital's Gross Profit for the six months ended in Dec. 2025 was C$0.00 Mil. AF3 Capital's Revenue for the six months ended in Dec. 2025 was C$0.00 Mil. Therefore, AF3 Capital's Gross Margin % for the quarter that ended in Dec. 2025 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 AF3 Capital's Gross Margin % or its related term are showing as below:


TSXV:AFC.P's Gross Margin % is not ranked *
in the Diversified Financial Services industry.
Industry Median: 45.28
* Ranked among companies with meaningful Gross Margin % only.

AF3 Capital had a gross margin of N/A% for the quarter that ended in Dec. 2025 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for AF3 Capital was 0.00% per year.


AF3 Capital  (TSXV:AFC.P) 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

AF3 Capital had a gross margin of N/A% for the quarter that ended in Dec. 2025 => 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.


AF3 Capital Gross Margin % Related Terms


AF3 Capital Gross Margin % Historical Data

* Premium members only.

The historical data trend for AF3 Capital'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.

AF3 Capital Gross Margin % Chart

AF3 Capital Annual Data
Trend Dec24 Dec25
Gross Margin %
0.00 0.00

AF3 Capital Semi-Annual Data
Dec24 Dec25
Gross Margin % 0.00 0.00

TSXV:AFC.P vs XXI, CCXI, DMII: Gross Margin % Comparison

For the Shell Companies subindustry, AF3 Capital'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.


AF3 Capital Gross Margin % vs Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, AF3 Capital's Gross Margin % distribution charts can be found below:

* The bar in red indicates where AF3 Capital's Gross Margin % falls into.


TSXV:AFC.P
15GF Score
AF3 Capital Corp TSXV:AFC.P
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

AF3 Capital 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.)

AF3 Capital's Gross Margin for the fiscal year that ended in Dec. 2025 is calculated as

Gross Margin % (A: Dec. 2025 )=Gross Profit (A: Dec. 2025 ) / Revenue (A: Dec. 2025 )
=0 / 0
=(Revenue - Cost of Goods Sold) / Revenue
=(0 - 0) / 0
=N/A %

AF3 Capital's Gross Margin for the quarter that ended in Dec. 2025 is calculated as


Gross Margin % (Q: Dec. 2025 )=Gross Profit (Q: Dec. 2025 ) / Revenue (Q: Dec. 2025 )
=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.

Frequently Asked Questions Learn more about Gross Margin % →
What does a Gross Margin % of 0.00% mean?
AF3 Capital (TSXV:AFC.P) has a Gross Margin % of 0.00% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on AF3 Capital and its competitors. According to the industry distribution chart, AF3 Capital ranks #999999 out of 71 companies in the Diversified Financial Services industry.
Is AF3 Capital's Gross Margin % too high?
AF3 Capital's current Gross Margin % is 0.00%. Based on the distribution chart, AF3 Capital ranks #999999 out of 71 companies in the Diversified Financial Services industry, which is in the bottom quartile relative to peers. Overall, AF3 Capital has a GF Score™ of 15/100, reflecting its overall financial health beyond just this single metric.
How does AF3 Capital's Gross Margin % compare to XXI and CCXI?
According to the Diversified Financial Services industry distribution chart, AF3 Capital ranks #999999 out of 71 companies for Gross Margin %. This places AF3 Capital in the lower half of its industry. The industry median Gross Margin % is 45.28. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Margin % for a Diversified Financial Services company?
The median Gross Margin % among Diversified Financial Services companies is 45.28, based on 71 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on AF3 Capital and its competitors. For the Diversified Financial Services industry, the median Gross Margin % is 45.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. AF3 Capital's current Gross Margin % is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AF3 Capital stock overvalued right now?
AF3 Capital (TSXV:AFC.P) has a current Gross Margin % of 0.00%. The current Gross Margin % is 0.00%. AF3 Capital's overall GF Score™ is 15/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For AF3 Capital (TSXV:AFC.P), the current Gross Margin % is 0.00% as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

AF3 Capital Business Description

Address 100 King Street West, Suite 1600, 1 First Canadian Place, Toronto, ON, CAN, Toronto
AF3 Capital Corp has no operations.
15GF Score

Get the complete analysis for TSXV:AFC.P

Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

C$0.18
Price