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Airiq (TSXV:IQ) Gross-Profit-to-Asset % : 35.41% (As of Dec. 2024)


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What is Airiq 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. Airiq's annualized Gross Profit for the quarter that ended in Dec. 2024 was C$3.27 Mil. Airiq's average Total Assets over the quarter that ended in Dec. 2024 was C$9.23 Mil. Therefore, Airiq's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2024 was 35.41%.


Airiq Gross-Profit-to-Asset % Historical Data

The historical data trend for Airiq'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.

Airiq Gross-Profit-to-Asset % Chart

Airiq Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Gross-Profit-to-Asset %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 76.74 62.66 63.30 46.73 38.23

Airiq Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 34.03 35.83 39.62 34.88 35.41

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

For the Software - Application subindustry, Airiq'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.


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

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

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


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Airiq Gross-Profit-to-Asset % Calculation

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

Gross-Profit-to-Asset %=Gross Profit (A: Mar. 2024 )/( (Total Assets (A: Mar. 2023 )+Total Assets (A: Mar. 2024 ))/ count )
=3.354/( (8.437+9.108)/ 2 )
=3.354/8.7725
=38.23 %

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

Gross-Profit-to-Asset %=Gross Profit (Q: Dec. 2024 )/( (Total Assets (Q: Sep. 2024 )+Total Assets (Q: Dec. 2024 ))/ count )
=3.268/( (9.251+9.209)/ 2 )
=3.268/9.23
=35.41 %

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


Airiq Gross-Profit-to-Asset % Related Terms

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Airiq Business Description

Industry
Traded in Other Exchanges
Address
1099 Kingstone Road, Suite 207, Pickering, ON, CAN, L1V 1B5
Airiq Inc is a pioneer in IoT-based asset management solutions. The company solutions allow commercial businesses to reliably, effectively, and efficiently monitor assets in near real-time. The company develops iOS and Android mobile and web-based applications, and cloud-based solutions that are standalone or that can be readily integrated with existing software. The company solutions are mixed fleet capable and provide fleet reporting, maintenance, compliance, safety, and analytics utilizing multiple hardware options including a fully integrated video telematics camera solution and a battery-powered solution for non-powered assets.
Executives
Vernon Lobo Director, Director or Senior Officer of 10% Security Holder
Bora Kwak Senior Officer
Geoffrey Rotstein Director
Michael Robb Director, Senior Officer
Gabriel Bouchard-phillips Director
Vecima Networks Inc. 10% Security Holder