Fobi Ai's gross profit for the
three
months ended in Mar. 2024 was €0.05 Mil. Fobi Ai's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was €-0.95 Mil.
Gross Margin % is calculated as gross profit divided by its revenue. Fobi Ai's gross profit for the
three
months ended in Mar. 2024 was €0.05 Mil. Fobi Ai's Revenue for the
three
months ended in Mar. 2024 was €0.47 Mil. Therefore, Fobi Ai's Gross Margin % for the quarter that ended in Mar. 2024 was 11.11%.
Fobi Ai had a gross margin of 11.11% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage
During the past 13 years, the highestGross Margin % of Fobi Ai was -70.80%. The lowest was -1377.22%. And the median was -189.59%.
Fobi Ai Gross Profit Historical Data
The historical data trend for Fobi Ai'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.
For the Software - Infrastructure subindustry, Fobi Ai'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.
Fobi Ai's Gross Profit Distribution in the Software Industry
For the Software industry and Technology sector, Fobi Ai's Gross Profit distribution charts can be found below:
* The bar in red indicates where Fobi Ai's Gross Profit falls into.
Fobi Ai Gross Profit Calculation
Gross Profit is the different between the sale prices and the cost of buying or producing the goods.
Fobi Ai's Gross Profit for the fiscal year that ended in Jun. 2023 is calculated as
Gross Profit for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €-0.95 Mil.
Gross Profit is the numerator in the calculation of Gross Margin.
* 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.
Fobi Ai (FRA:WMV) 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
Fobi Ai had a gross margin of 11.11% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage
Fobi Ai Gross Profit Related Terms
Thank you for viewing the detailed overview of Fobi Ai's Gross Profit provided by GuruFocus.com. Please click on the following links to see related term pages.
Fobi Ai Inc is a cutting-edge data intelligence company that helps clients turn real-time data into actionable insights and personalized customer engagement to generate increased profits. The Company operates in one operating segment, being the technology segment wherein it earns revenues from directly selling software as a service, reselling, referring and licensing its technology to licensors. Its IoT device has the ability to integrate seamlessly into existing infrastructure to enable data connectivity across online and on-premise platforms creating scalable solutions for clients across the world. The company operates globally in the retail, telecom, sports and entertainment, casino gaming, and hospitality and tourism industries. It operates in North America and Europe.
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