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GameOn Entertainment Technologies (XCNQ:GET) Gross-Profit-to-Asset % : 13.35% (As of Sep. 2023)


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What is GameOn Entertainment 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. GameOn Entertainment Technologies's annualized Gross Profit for the quarter that ended in Sep. 2023 was C$0.72 Mil. GameOn Entertainment Technologies's average Total Assets over the quarter that ended in Sep. 2023 was C$5.42 Mil. Therefore, GameOn Entertainment Technologies's annualized Gross-Profit-to-Asset % for the quarter that ended in Sep. 2023 was 13.35%.


GameOn Entertainment Technologies Gross-Profit-to-Asset % Historical Data

The historical data trend for GameOn Entertainment 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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GameOn Entertainment Technologies Gross-Profit-to-Asset % Chart

GameOn Entertainment Technologies Annual Data
Trend Dec20 Dec21 Dec22
Gross-Profit-to-Asset %
0.04 0.19 6.50

GameOn Entertainment Technologies Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 3.19 12.39 24.01 25.36 13.35

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

For the Electronic Gaming & Multimedia subindustry, GameOn Entertainment 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.


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

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

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



GameOn Entertainment Technologies Gross-Profit-to-Asset % Calculation

GameOn Entertainment Technologies's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Dec. 2022 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (A: Dec. 2022 )/( (Total Assets (A: Dec. 2021 )+Total Assets (A: Dec. 2022 ))/ count )
=0.381/( (6.169+5.558)/ 2 )
=0.381/5.8635
=6.50 %

GameOn Entertainment Technologies's annualized Gross-Profit-to-Asset % for the quarter that ended in Sep. 2023 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (Q: Sep. 2023 )/( (Total Assets (Q: Jun. 2023 )+Total Assets (Q: Sep. 2023 ))/ count )
=0.724/( (5.847+5)/ 2 )
=0.724/5.4235
=13.35 %

* 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 (Sep. 2023) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.


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GameOn Entertainment Technologies (XCNQ:GET) Business Description

Traded in Other Exchanges
Address
750 West Pender Street, Suite 401, Vancouver, BC, CAN, V6C 2T7
GameOn Entertainment Technologies Inc is a video game ventures firm focusing on project investments in high-value e-gaming projects featuring recognized intellectual properties. It has generated revenues from gaming projects such as Pacific Rim: Breach Wars, Men In Black, and Hello Kitty.

GameOn Entertainment Technologies (XCNQ:GET) Headlines