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CMGR (Clubhouse Media Group) Gross-Profit-to-Asset % : 64.66% (As of Jun. 2024)


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What is Clubhouse Media Group Gross-Profit-to-Asset %?

Gross-Profit-to-Asset % is calculated as Gross Profit divided by its average Total Assets over a certain period of time. Clubhouse Media Group's annualized Gross Profit for the quarter that ended in Jun. 2024 was $0.41 Mil. Clubhouse Media Group's average Total Assets over the quarter that ended in Jun. 2024 was $0.63 Mil. Therefore, Clubhouse Media Group's annualized Gross-Profit-to-Asset % for the quarter that ended in Jun. 2024 was 64.66%.


Clubhouse Media Group Gross-Profit-to-Asset % Historical Data

The historical data trend for Clubhouse Media Group's Gross-Profit-to-Asset % 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.

Clubhouse Media Group Gross-Profit-to-Asset % Chart

Clubhouse Media Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross-Profit-to-Asset %
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 80.56 76.24 17.59 51.22

Clubhouse Media Group Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
Gross-Profit-to-Asset % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 40.41 195.47 -199.01 69.47 64.66

Competitive Comparison of Clubhouse Media Group's Gross-Profit-to-Asset %

For the Advertising Agencies subindustry, Clubhouse Media Group's Gross-Profit-to-Asset %, along with its competitors' market caps and Gross-Profit-to-Asset % 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.


Clubhouse Media Group's Gross-Profit-to-Asset % Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Clubhouse Media Group's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Clubhouse Media Group's Gross-Profit-to-Asset % falls into.



Clubhouse Media Group Gross-Profit-to-Asset % Calculation

Clubhouse Media Group's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Dec. 2023 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (A: Dec. 2023 )/( (Total Assets (A: Dec. 2022 )+Total Assets (A: Dec. 2023 ))/ count )
=0.524/( (1.244+0.802)/ 2 )
=0.524/1.023
=51.22 %

Clubhouse Media Group's annualized Gross-Profit-to-Asset % for the quarter that ended in Jun. 2024 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (Q: Jun. 2024 )/( (Total Assets (Q: Mar. 2024 )+Total Assets (Q: Jun. 2024 ))/ count )
=0.408/( (0.672+0.59)/ 2 )
=0.408/0.631
=64.66 %

* 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.

In the calculation of annual Gross-Profit-to-Asset %, the Gross Profit of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Gross Profit data used here is four times the quarterly (Jun. 2024) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.


Clubhouse Media Group Gross-Profit-to-Asset % Related Terms

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Clubhouse Media Group Business Description

Traded in Other Exchanges
N/A
Address
3651 Lindell Road, Suite D517, Las Vegas, NV, USA, 89103
Clubhouse Media Group Inc is a social media firm. The company focuses its efforts and resources on growing its wholly owned, creator monetization platform, HoneyDrip.com. The platform allows celebrities and influencers to create, post, communicate, and sell content directly to their fans. The company collects 30% commission on all transactions on the site.
Executives
Christian Jonathan Young director, officer: Former Officer and Director 1744 VIRGINIA AVE, GLENDALE CA 91202