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VRVR (Virtual Interactive Technologies) Gross-Profit-to-Asset % : 41.24% (As of Jun. 2024)


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What is Virtual Interactive 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. Virtual Interactive Technologies's annualized Gross Profit for the quarter that ended in Jun. 2024 was $0.04 Mil. Virtual Interactive Technologies's average Total Assets over the quarter that ended in Jun. 2024 was $0.10 Mil. Therefore, Virtual Interactive Technologies's annualized Gross-Profit-to-Asset % for the quarter that ended in Jun. 2024 was 41.24%.

Virtual Interactive Technologies Gross-Profit-to-Asset % Historical Data

The historical data trend for Virtual Interactive 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.

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Virtual Interactive Technologies Gross-Profit-to-Asset % Chart

Virtual Interactive Technologies Annual Data
Trend Nov14 Nov15 Nov16 Nov17 Nov18 Sep19 Sep20 Sep21 Sep22 Sep23
Gross-Profit-to-Asset %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -115.25 87.07 62.64 11.42 11.52

Virtual Interactive Technologies Quarterly Data
Aug19 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 18.72 138.27 96.77 70.05 41.24

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

For the Electronic Gaming & Multimedia subindustry, Virtual Interactive 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.

Virtual Interactive Technologies's Gross-Profit-to-Asset % Distribution in the Interactive Media Industry

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

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


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Virtual Interactive Technologies Gross-Profit-to-Asset % Calculation

Virtual Interactive Technologies's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Sep. 2023 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (A: Sep. 2023 )/( (Total Assets (A: Sep. 2022 )+Total Assets (A: Sep. 2023 ))/ count )
=0.13/( (2.128+0.128)/ 2 )
=0.13/1.128
=11.52 %

Virtual Interactive Technologies'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 )
=0.04/( (0.097+0.097)/ 2 )
=0.04/0.097
=41.24 %

* 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.

Virtual Interactive Technologies Gross-Profit-to-Asset % Related Terms

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Virtual Interactive Technologies Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Virtual Interactive Technologies Corp (OTCPK:VRVR) » Definitions » Gross-Profit-to-Asset %
Comparable Companies
FMHS GROM TSE:7974 NTES RBLX EA TTWO TSE:9766 TSE:3659 XKRX:259960 TSE:9697 SZSE:002602 ROCO:3293 HKSE:03888 SZSE:300418 WAR:CDR TSE:9684 SZSE:002517 SZSE:002555 TSE:3635
Traded in Other Exchanges
N/A
Address
600 17th Street, Suite 2800 South, Denver, CO, USA, 80202
Website
https://www.vrvrcorp.com
Virtual Interactive Technologies Corp is a next-generation game and metaverse developer that creates immersion experiences by harnessing the latest technologies, including Blockchain and digital assets. The Company's newly launched brand, Extrosive, is building a metaverse that replaces traditional boring financial experiences with a new paradigm, global Prosperity space (gPs). This new asset class dynamically augments global and local realities and builds communities of aligned financial values, virtuous economies, and a trusted network. The Company also entered into a joint development partnership with Duane Lee Dog Chapman, of the Dog The Bounty Hunter fame, to develop and promote multiple games across several platforms.