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Planet Ventures (FRA:P6U1) Gross Profit : €0.54 Mil (TTM As of Dec. 2024)


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What is Planet Ventures Gross Profit?

Planet Ventures's gross profit for the three months ended in Dec. 2024 was €-0.09 Mil. Planet Ventures's gross profit for the trailing twelve months (TTM) ended in Dec. 2024 was €0.54 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Planet Ventures's gross profit for the three months ended in Dec. 2024 was €-0.09 Mil. Planet Ventures's Revenue for the three months ended in Dec. 2024 was €-0.06 Mil. Therefore, Planet Ventures's Gross Margin % for the quarter that ended in Dec. 2024 was 148.28%.

Planet Ventures had a gross margin of 148.28% for the quarter that ended in Dec. 2024 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of Planet Ventures was 167.65%. The lowest was 55.56%. And the median was 102.14%.


Planet Ventures Gross Profit Historical Data

The historical data trend for Planet Ventures'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.

Planet Ventures Gross Profit Chart

Planet Ventures Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.12 0.93 -0.21 -0.04 -1.18

Planet Ventures Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 -0.16 -0.23 - 0.85 -0.09

Competitive Comparison of Planet Ventures's Gross Profit

For the Asset Management subindustry, Planet Ventures'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.


Planet Ventures's Gross Profit Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Planet Ventures's Gross Profit distribution charts can be found below:

* The bar in red indicates where Planet Ventures's Gross Profit falls into.


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Planet Ventures Gross Profit Calculation

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

Planet Ventures's Gross Profit for the fiscal year that ended in Mar. 2024 is calculated as

Gross Profit (A: Mar. 2024 )=Revenue - Cost of Goods Sold
=-1.164 - 0.018
=-1.18

Planet Ventures's Gross Profit for the quarter that ended in Dec. 2024 is calculated as

Gross Profit (Q: Dec. 2024 )=Revenue - Cost of Goods Sold
=-0.058 - 0.028
=-0.09

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2024 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.

Planet Ventures's Gross Margin % for the quarter that ended in Dec. 2024 is calculated as

Gross Margin % (Q: Dec. 2024 )=Gross Profit (Q: Dec. 2024 ) / Revenue (Q: Dec. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=-0.09 / -0.058
=148.28 %

* 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.


Planet Ventures  (FRA:P6U1) 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

Planet Ventures had a gross margin of 148.28% for the quarter that ended in Dec. 2024 => Durable competitive advantage


Planet Ventures Gross Profit Related Terms

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Planet Ventures Business Description

Traded in Other Exchanges
Address
750 West Pender Street, Suite 303, Vancouver, BC, CAN, V6C 2T7
Planet Ventures Inc is an investment company. The company invests in a portfolio of shares and other securities of public and private companies. It invests in the mining, cryptocurrency, and blockchain arena in addition to its most recent investment in a legal web-based sportsbook.

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