FASDF (Fantasy Aces Daily Fantasy Sports) Gross Profit: $0.54 Mil (TTM As of Sep. 2016)


What is Fantasy Aces Daily Fantasy Sports Gross Profit?

Fantasy Aces Daily Fantasy Sports FASDF Gross Profit is $0.54 Mil as of Sep. 2016.

Fantasy Aces Daily Fantasy Sports's gross profit for the three months ended in Sep. 2016 was $0.22 Mil. Fantasy Aces Daily Fantasy Sports's gross profit for the trailing twelve months (TTM) ended in Sep. 2016 was $0.54 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Fantasy Aces Daily Fantasy Sports's gross profit for the three months ended in Sep. 2016 was $0.22 Mil. Fantasy Aces Daily Fantasy Sports's Revenue for the three months ended in Sep. 2016 was $0.35 Mil. Therefore, Fantasy Aces Daily Fantasy Sports's Gross Margin % for the quarter that ended in Sep. 2016 was 64.55%.

Fantasy Aces Daily Fantasy Sports had a gross margin of 64.55% for the quarter that ended in Sep. 2016 => Durable competitive advantage

Fantasy Aces Daily Fantasy Sports  (OTCPK:FASDF) 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

Fantasy Aces Daily Fantasy Sports had a gross margin of 64.55% for the quarter that ended in Sep. 2016 => Durable competitive advantage

Fantasy Aces Daily Fantasy Sports Gross Profit Related Terms

Fantasy Aces Daily Fantasy Sports Gross Profit Historical Data

* Premium members only.

The historical data trend for Fantasy Aces Daily Fantasy Sports'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.

Fantasy Aces Daily Fantasy Sports Gross Profit Chart

Fantasy Aces Daily Fantasy Sports 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 -0.00 0.00 0.00 0.04 -0.17

Fantasy Aces Daily Fantasy Sports 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 -0.17 -0.10 0.15 0.26 0.22

FASDF vs FRZT: Gross Profit Comparison

For the Electronic Gaming & Multimedia subindustry, Fantasy Aces Daily Fantasy Sports'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.

Fantasy Aces Daily Fantasy Sports Gross Profit vs Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Fantasy Aces Daily Fantasy Sports's Gross Profit distribution charts can be found below:

* The bar in red indicates where Fantasy Aces Daily Fantasy Sports's Gross Profit falls into.


Fantasy Aces Daily Fantasy Sports Gross Profit Calculation

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

Fantasy Aces Daily Fantasy Sports'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
=0.882 - 1.053
=-0.17

Fantasy Aces Daily Fantasy Sports's Gross Profit for the quarter that ended in Sep. 2016 is calculated as

Gross Profit (Q: Sep. 2016 )=Revenue - Cost of Goods Sold
=0.347 - 0.123
=0.22

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 $0.54 Mil.

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

Fantasy Aces Daily Fantasy Sports'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
=0.22 / 0.347
=64.55 %

* 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.

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.

Frequently Asked Questions Learn more about Gross Profit →
What does a Gross Profit of $0.54 Mil mean?
Fantasy Aces Daily Fantasy Sports (FASDF) has a Gross Profit of $0.54 Mil as of Sep. 2016. Gross Profit equals net sales less total cost of goods sold. View historical data on Fantasy Aces Daily Fantasy Sports and its competitors.
Is Fantasy Aces Daily Fantasy Sports' Gross Profit too high?
Fantasy Aces Daily Fantasy Sports' current Gross Profit is $0.54 Mil.
How does Fantasy Aces Daily Fantasy Sports' Gross Profit compare to FRZT?
Fantasy Aces Daily Fantasy Sports' Gross Profit of $0.54 Mil can be compared against companies in the Interactive Media industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Profit for an Interactive Media company?
A good Gross Profit depends on the Interactive Media industry context. However, Gross Profit should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Profit mean?
A high Gross Profit can signal that a stock is expensive relative to its fundamentals. Gross Profit equals net sales less total cost of goods sold. View historical data on Fantasy Aces Daily Fantasy Sports and its competitors. Fantasy Aces Daily Fantasy Sports's current Gross Profit is $0.54 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fantasy Aces Daily Fantasy Sports stock overvalued right now?
Fantasy Aces Daily Fantasy Sports (FASDF) has a current Gross Profit of $0.54 Mil. The current Gross Profit is $0.54 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Profit calculated?
Gross Profit is calculated from a company's financial statements. For Fantasy Aces Daily Fantasy Sports (FASDF), the current Gross Profit is $0.54 Mil as of Sep. 2016. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Fantasy Aces Daily Fantasy Sports Business Description

Address 120 Vantis, Suite 300, Aliso Viejo, CA, USA, 92656
Fantasy Aces Daily Fantasy Sports Corp is engaged in the daily fantasy sports games. It offers players the ability to play fantasy sports in a variety of sports including NFL, NBA, NHL and PGA. The company operates in the United States.