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Asian Television Network International (Asian Television Network International) Gross Profit : $5.65 Mil (TTM As of Sep. 2023)


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What is Asian Television Network International Gross Profit?

Asian Television Network International's gross profit for the three months ended in Sep. 2023 was $1.50 Mil. Asian Television Network International's gross profit for the trailing twelve months (TTM) ended in Sep. 2023 was $5.65 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Asian Television Network International's gross profit for the three months ended in Sep. 2023 was $1.50 Mil. Asian Television Network International's Revenue for the three months ended in Sep. 2023 was $1.50 Mil. Therefore, Asian Television Network International's Gross Margin % for the quarter that ended in Sep. 2023 was N/A%.

Asian Television Network International had a gross margin of N/A% for the quarter that ended in Sep. 2023 => No sustainable competitive advantage

During the past 13 years, the highest Gross Margin % of Asian Television Network International was 38.40%. The lowest was 32.84%. And the median was 37.16%.


Asian Television Network International Gross Profit Historical Data

The historical data trend for Asian Television Network International's Gross Profit 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.

Asian Television Network International Gross Profit Chart

Asian Television Network International Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.04 9.10 7.87 7.43 5.87

Asian Television Network International Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Gross Profit 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 1.49 1.50 1.34 1.31 1.50

Competitive Comparison of Asian Television Network International's Gross Profit

For the Broadcasting subindustry, Asian Television Network International's Gross Profit, along with its competitors' market caps and Gross Profit 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.


Asian Television Network International's Gross Profit Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Asian Television Network International's Gross Profit distribution charts can be found below:

* The bar in red indicates where Asian Television Network International's Gross Profit falls into.



Asian Television Network International Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

Asian Television Network International's Gross Profit for the fiscal year that ended in Dec. 2022 is calculated as

Gross Profit (A: Dec. 2022 )=Revenue - Cost of Goods Sold
=5.867 - 0
=5.87

Asian Television Network International's Gross Profit for the quarter that ended in Sep. 2023 is calculated as

Gross Profit (Q: Sep. 2023 )=Revenue - Cost of Goods Sold
=1.502 - 0
=1.50

Gross Profit for the trailing twelve months (TTM) ended in Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $5.65 Mil.

Gross Profit is the numerator in the calculation of Gross Margin. (Note that if there's no value for Cost of Goods Sold, then Gross Margin % is not calculated.)

Asian Television Network International's Gross Margin % for the quarter that ended in Sep. 2023 is calculated as

Gross Margin % (Q: Sep. 2023 )=Gross Profit (Q: Sep. 2023 ) / Revenue (Q: Sep. 2023 )
=(Revenue - Cost of Goods Sold) / Revenue
=1.50 / 1.502
=N/A %

* 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.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


Asian Television Network International  (OTCPK:AITVF) Gross Profit Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Asian Television Network International had a gross margin of N/A% for the quarter that ended in Sep. 2023 => No sustainable competitive advantage


Asian Television Network International Gross Profit Related Terms

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Asian Television Network International (Asian Television Network International) Business Description

Traded in Other Exchanges
Address
330 Cochrane Drive, Markham, ON, CAN, L3R 8E4
Asian Television Network International Ltd is a Canadian-based company. Its activities consist of providing specialty, pay television broadcasting, and television broadcasting advertising for the South Asian community in Canada. The company operates Bollywood movies, sports, news, music, lifestyle, Chinese, Punjabi, and several regional language channels. It derives revenue from Subscriptions, Advertising, Programming, and other income.

Asian Television Network International (Asian Television Network International) Headlines

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