Cuentas (Cuentas) Gross-Profit-to-Asset % : -6.76% (As of Mar. 2024)

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What is Cuentas 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. Cuentas's annualized Gross Profit for the quarter that ended in Mar. 2024 was $-0.28 Mil. Cuentas's average Total Assets over the quarter that ended in Mar. 2024 was $4.08 Mil. Therefore, Cuentas's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was -6.76%.

Cuentas Gross-Profit-to-Asset % Historical Data

The historical data trend for Cuentas'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.

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Cuentas Gross-Profit-to-Asset % Chart

Cuentas Annual Data

Trend

Sep14

Sep15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Gross-Profit-to-Asset %

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2.10

-1.67

1.26

7.07

-12.45

Cuentas Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Gross-Profit-to-Asset %	Get a 7-Day Free Trial															-7.06	-10.13	-6.75	-11.20	-6.76

Competitive Comparison of Cuentas's Gross-Profit-to-Asset %

For the Software - Application subindustry, Cuentas'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.

Cuentas's Gross-Profit-to-Asset % Distribution in the Software Industry

For the Software industry and Technology sector, Cuentas's Gross-Profit-to-Asset % distribution charts can be found below:

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

Cuentas Gross-Profit-to-Asset % Calculation

Cuentas'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 )
	=	-0.387	/	( (1.499	+	4.72)	/ 2 )
	=	-0.387	/	3.1095
	=	-12.45 %

Cuentas's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 is calculated as:

Gross-Profit-to-Asset %	=	Gross Profit (Q: Mar. 2024 )	/	( (Total Assets (Q: Dec. 2023 )	+	Total Assets (Q: Mar. 2024 ))	/ count )
	=	-0.276	/	( (4.72	+	3.448)	/ 2 )
	=	-0.276	/	4.084
	=	-6.76 %

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 (Mar. 2024) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.

Cuentas Gross-Profit-to-Asset % Related Terms

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Cuentas (Cuentas) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Cuentas Inc (OTCPK:CUENW) » Definitions » Gross-Profit-to-Asset %

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CUEN:USA

Address

235 Lincoln Road, Suite 210, Miami Beach, FL, USA, 33139

Website

https://www.cuentas.com

Cuentas Inc is a FinTech e-banking and e-commerce service provider with proprietary technology aimed at providing solutions for the underbanked and un-banked Hispanic and Latino population. The company operates in two segments: Telecommunications and General Purpose Reloadable Cards. Its services include mobile banking, online banking, prepaid debit, ACH and mobile deposits, cash remittance, peer-to-peer money transferring, and providing access to bank accounts for customers who previously could not obtain bank accounts. The proprietary Cuentas General Purpose Reloadable (GPR) Card provides holders with a digital wallet, discounts for purchases at major physical and online retailers, rewards, and the ability to purchase digital content.