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SeanieMac International (SeanieMac International) Gross Profit : $-0.07 Mil (TTM As of Sep. 2016)


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What is SeanieMac International Gross Profit?

SeanieMac International's gross profit for the three months ended in Sep. 2016 was $-0.02 Mil. SeanieMac International's gross profit for the trailing twelve months (TTM) ended in Sep. 2016 was $-0.07 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. SeanieMac International's gross profit for the three months ended in Sep. 2016 was $-0.02 Mil. SeanieMac International's Revenue for the three months ended in Sep. 2016 was $0.01 Mil. Therefore, SeanieMac International's Gross Margin % for the quarter that ended in Sep. 2016 was -242.86%.

SeanieMac International had a gross margin of -242.86% for the quarter that ended in Sep. 2016 => No sustainable competitive advantage


SeanieMac International Gross Profit Historical Data

The historical data trend for SeanieMac 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.

SeanieMac International Gross Profit Chart

SeanieMac International Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 0.04 0.13 0.03

SeanieMac International Quarterly Data
Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16
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 - -0.01 -0.23 0.19 -0.02

Competitive Comparison of SeanieMac International's Gross Profit

For the Gambling subindustry, SeanieMac 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.


SeanieMac International's Gross Profit Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, SeanieMac International's Gross Profit distribution charts can be found below:

* The bar in red indicates where SeanieMac International's Gross Profit falls into.



SeanieMac International Gross Profit Calculation

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

SeanieMac International's Gross Profit for the fiscal year that ended in Dec. 2015 is calculated as

Gross Profit (A: Dec. 2015 )=Revenue - Cost of Goods Sold
=0.158 - 0.126
=0.03

SeanieMac International's Gross Profit for the quarter that ended in Sep. 2016 is calculated as

Gross Profit (Q: Sep. 2016 )=Revenue - Cost of Goods Sold
=0.007 - 0.024
=-0.02

Gross Profit for the trailing twelve months (TTM) ended in Sep. 2016 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.07 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

SeanieMac International's Gross Margin % for the quarter that ended in Sep. 2016 is calculated as

Gross Margin % (Q: Sep. 2016 )=Gross Profit (Q: Sep. 2016 ) / Revenue (Q: Sep. 2016 )
=(Revenue - Cost of Goods Sold) / Revenue
=-0.02 / 0.007
=-242.86 %

* 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.


SeanieMac International  (GREY:BETS) 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

SeanieMac International had a gross margin of -242.86% for the quarter that ended in Sep. 2016 => No sustainable competitive advantage


SeanieMac International Gross Profit Related Terms

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SeanieMac International (SeanieMac International) Business Description

Traded in Other Exchanges
N/A
Address
780 New York Avenue, Suite A, Huntington, NY, USA, 11743
SeanieMac International Ltd operates in the online gambling industry. The company maintains a website for online gambling, including sports betting and casino gaming in Ireland. The firm utilizes a third-party white-label online gaming website provider to develop and operate its branded website apollobet.com, operations, sportsbook trading, website hosting, payment solutions, security and first-line support of gaming related questions.