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LQWD Technologies (TSXV:LQWD) Gross-Profit-to-Asset % : -1.20% (As of Nov. 2024)


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What is LQWD Technologies 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. LQWD Technologies's annualized Gross Profit for the quarter that ended in Nov. 2024 was C$-0.19 Mil. LQWD Technologies's average Total Assets over the quarter that ended in Nov. 2024 was C$15.67 Mil. Therefore, LQWD Technologies's annualized Gross-Profit-to-Asset % for the quarter that ended in Nov. 2024 was -1.20%.


LQWD Technologies Gross-Profit-to-Asset % Historical Data

The historical data trend for LQWD Technologies'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.

LQWD Technologies Gross-Profit-to-Asset % Chart

LQWD Technologies Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Gross-Profit-to-Asset %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.92 5.39 0.67 0.04 0.01

LQWD Technologies Quarterly Data
Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24
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 -2.00 0.04 -1.67 -1.73 -1.20

Competitive Comparison of LQWD Technologies's Gross-Profit-to-Asset %

For the Software - Application subindustry, LQWD Technologies'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.


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

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

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


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LQWD Technologies Gross-Profit-to-Asset % Calculation

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

Gross-Profit-to-Asset %=Gross Profit (A: Feb. 2024 )/( (Total Assets (A: Feb. 2023 )+Total Assets (A: Feb. 2024 ))/ count )
=0.001/( (8.929+11.651)/ 2 )
=0.001/10.29
=0.01 %

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

Gross-Profit-to-Asset %=Gross Profit (Q: Nov. 2024 )/( (Total Assets (Q: Aug. 2024 )+Total Assets (Q: Nov. 2024 ))/ count )
=-0.188/( (10.287+21.048)/ 2 )
=-0.188/15.6675
=-1.20 %

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


LQWD Technologies Gross-Profit-to-Asset % Related Terms

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LQWD Technologies Business Description

Traded in Other Exchanges
Address
1710 - 1050 West Pender Street, Vancouver, BC, CAN, V6E 3S7
LQWD Technologies Corp is developing software, which enables the setup of nodes and payment channels on the Bitcoin Lightning Network. The Lightning Network is a layer two technology that dramatically improves Bitcoin's scalability, transaction fees, and settlement times.
Executives
Alex P. Guidi Director
Lqwd Fintech Corp Senior Officer

LQWD Technologies Headlines

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