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FutureTech II Acquisition (FutureTech II Acquisition) Gross Profit : $0.00 Mil (TTM As of Mar. 2024)


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What is FutureTech II Acquisition Gross Profit?

FutureTech II Acquisition's gross profit for the three months ended in Mar. 2024 was $0.00 Mil. FutureTech II Acquisition's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was $0.00 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. FutureTech II Acquisition's gross profit for the three months ended in Mar. 2024 was $0.00 Mil. FutureTech II Acquisition's Revenue for the three months ended in Mar. 2024 was $0.00 Mil. Therefore, FutureTech II Acquisition's Gross Margin % for the quarter that ended in Mar. 2024 was N/A%.

FutureTech II Acquisition had a gross margin of N/A% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage


FutureTech II Acquisition Gross Profit Historical Data

The historical data trend for FutureTech II Acquisition'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.

FutureTech II Acquisition Gross Profit Chart

FutureTech II Acquisition Annual Data
Trend Dec21 Dec22 Dec23
Gross Profit
- - -

FutureTech II Acquisition Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Gross Profit Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only - - - - -

Competitive Comparison of FutureTech II Acquisition's Gross Profit

For the Shell Companies subindustry, FutureTech II Acquisition'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.


FutureTech II Acquisition's Gross Profit Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, FutureTech II Acquisition's Gross Profit distribution charts can be found below:

* The bar in red indicates where FutureTech II Acquisition's Gross Profit falls into.



FutureTech II Acquisition Gross Profit Calculation

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

FutureTech II Acquisition's Gross Profit for the fiscal year that ended in Dec. 2023 is calculated as

Gross Profit (A: Dec. 2023 )=Revenue - Cost of Goods Sold
=0 - 0
=0.00

FutureTech II Acquisition's Gross Profit for the quarter that ended in Mar. 2024 is calculated as

Gross Profit (Q: Mar. 2024 )=Revenue - Cost of Goods Sold
=0 - 0
=0.00

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 $0.00 Mil.

Gross Profit is the numerator in the calculation of Gross Margin. (Note that if there's no value for Cost of Goods Sold, then Gross Margin % is not calculated.)

FutureTech II Acquisition's Gross Margin % for the quarter that ended in Mar. 2024 is calculated as

Gross Margin % (Q: Mar. 2024 )=Gross Profit (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=0.00 / 0
=N/A %

* 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.


FutureTech II Acquisition  (NAS:FTII) 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

FutureTech II Acquisition had a gross margin of N/A% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage


FutureTech II Acquisition Gross Profit Related Terms

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FutureTech II Acquisition (FutureTech II Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
128 Gail Drive, New Rochelle, NY, USA, 10805
Website
FutureTech II Acquisition Corp is a blank check company.
Executives
Ray Lei Chen director, officer: Chief Executive Officer & CFO FLAT A, 6/F, BLOCK A, TONNOCHY TOWERS, NO.272 JAFFE ROAD, WANCHAI, HONG KONG F4 00000
Futuretech Partners Ii Llc 10 percent owner 128 GAIL DRIVE, NEW ROCHELLE NY 10805
Jonathan F Mckeage director C/O INFOTECH USA INC, 7 KINGSBRIDGE ROAD, FAIRFIELD NJ 07004
Neil Bush director 1675 BROADWAY, SUITE 2200, DENVER CO 80202
Aroop Zutshi director 128 GAIL DRIVE, NEW ROCHELLE NY 10805
Yuquan Wang director, 10 percent owner, officer: Chief Executive Officer 128 GAIL DRIVE, NEW ROCHELLE NY 10805
Jeffrey Alan Moseley director 1036 LIBERTY PARK DRIVE #22, AUSTIN TX 78746
Michael William Greenall director, officer: Chief Financial Officer 42 JALAN SRI HARTAMAS 17, TAMAN SRI HARTAMAS, KUALA LUMPUR N8 50480

FutureTech II Acquisition (FutureTech II Acquisition) Headlines