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Forum Mobile (Forum Mobile) Gross Profit : $3.73 Mil (TTM As of Jun. 2006)


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What is Forum Mobile Gross Profit?

Forum Mobile's gross profit for the three months ended in Jun. 2006 was $0.34 Mil. Forum Mobile's gross profit for the trailing twelve months (TTM) ended in Jun. 2006 was $3.73 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Forum Mobile's gross profit for the three months ended in Jun. 2006 was $0.34 Mil. Forum Mobile's Revenue for the three months ended in Jun. 2006 was $5.79 Mil. Therefore, Forum Mobile's Gross Margin % for the quarter that ended in Jun. 2006 was 5.82%.

Forum Mobile had a gross margin of 5.82% for the quarter that ended in Jun. 2006 => No sustainable competitive advantage


Forum Mobile Gross Profit Historical Data

The historical data trend for Forum Mobile'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.

Forum Mobile Gross Profit Chart

Forum Mobile Annual Data
Trend Dec00 Dec01 Dec02 Dec03 Dec04 Dec05
Gross Profit
Get a 7-Day Free Trial 2.33 2.59 - - 5.54

Forum Mobile Quarterly Data
Sep01 Dec01 Mar02 Jun02 Sep02 Dec02 Mar03 Jun03 Sep03 Dec03 Mar04 Jun04 Sep04 Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06
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 1.86 1.33 0.36 1.70 0.34

Competitive Comparison of Forum Mobile's Gross Profit

For the Telecom Services subindustry, Forum Mobile'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.


Forum Mobile's Gross Profit Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Forum Mobile's Gross Profit distribution charts can be found below:

* The bar in red indicates where Forum Mobile's Gross Profit falls into.



Forum Mobile Gross Profit Calculation

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

Forum Mobile's Gross Profit for the fiscal year that ended in Dec. 2005 is calculated as

Gross Profit (A: Dec. 2005 )=Revenue - Cost of Goods Sold
=27.841 - 22.301
=5.54

Forum Mobile's Gross Profit for the quarter that ended in Jun. 2006 is calculated as

Gross Profit (Q: Jun. 2006 )=Revenue - Cost of Goods Sold
=5.786 - 5.449
=0.34

Gross Profit for the trailing twelve months (TTM) ended in Jun. 2006 adds up the quarterly data reported by the company within the most recent 12 months, which was $3.73 Mil.

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

Forum Mobile's Gross Margin % for the quarter that ended in Jun. 2006 is calculated as

Gross Margin % (Q: Jun. 2006 )=Gross Profit (Q: Jun. 2006 ) / Revenue (Q: Jun. 2006 )
=(Revenue - Cost of Goods Sold) / Revenue
=0.34 / 5.786
=5.82 %

* 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.


Forum Mobile  (OTCPK:FRMB) 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

Forum Mobile had a gross margin of 5.82% for the quarter that ended in Jun. 2006 => No sustainable competitive advantage


Forum Mobile Gross Profit Related Terms

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Forum Mobile (Forum Mobile) Business Description

Traded in Other Exchanges
N/A
Address
26 Broadway, 21st Floor, New York, NY, USA, 10004
Forum Mobile Inc is a global Mobile Virtual Network Enabler (MVNE) based in the USA. It specializes in MVNE, Mobile Services, Telecom, and cloud services. The company is active in a variety of complimentary fields such as private banking, business development and consulting and provides hosting and trading platforms. Geographically the business activities are operated through United States.

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