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Resaas Services (TSXV:RSS) Gross-Profit-to-Asset % : 44.55% (As of Mar. 2024)


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What is Resaas Services 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. Resaas Services's annualized Gross Profit for the quarter that ended in Mar. 2024 was C$0.28 Mil. Resaas Services's average Total Assets over the quarter that ended in Mar. 2024 was C$0.63 Mil. Therefore, Resaas Services's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 44.55%.


Resaas Services Gross-Profit-to-Asset % Historical Data

The historical data trend for Resaas Services'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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Resaas Services Gross-Profit-to-Asset % Chart

Resaas Services 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 44.47 61.43 100.45 88.42 67.33

Resaas Services 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 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 106.40 193.63 215.59 72.51 44.55

Competitive Comparison of Resaas Services's Gross-Profit-to-Asset %

For the Software - Application subindustry, Resaas Services'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.


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

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

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



Resaas Services Gross-Profit-to-Asset % Calculation

Resaas Services'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 )
=0.406/( (0.4+0.806)/ 2 )
=0.406/0.603
=67.33 %

Resaas Services'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 )
=0.28/( (0.806+0.451)/ 2 )
=0.28/0.6285
=44.55 %

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


Resaas Services Gross-Profit-to-Asset % Related Terms

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Resaas Services (TSXV:RSS) Business Description

Traded in Other Exchanges
Address
595 Burrard Street, Suite 2600, Vancouver, BC, CAN, V7X 1L3
Resaas Services Inc is engaged in the development of web and mobile communications software for the real estate industry. The company is a technology platform that enables real estate brokerages, franchises and associations to bring real-time communication, new business opportunities and unique data to their agents on a global basis. The company operates in one reportable segment, the development of software in the real estate industry.
Executives
R. Craig Barton 10% Security Holder

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