GGL (Games Global) Gross Profit: $57.89 Mil (TTM As of Dec. 2023)

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What is Games Global Gross Profit?

Games Global GGL Gross Profit is $57.89 Mil as of Dec. 2023.

Games Global's gross profit for the three months ended in Dec. 2023 was $0.00 Mil. Games Global's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was $57.89 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Games Global's gross profit for the three months ended in Dec. 2023 was $0.00 Mil. Games Global's Revenue for the three months ended in Dec. 2023 was $0.00 Mil. Therefore, Games Global's Gross Margin % for the quarter that ended in Dec. 2023 was N/A%.

Games Global had a gross margin of N/A% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage


Games Global  (NYSE:GGL) 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

Games Global had a gross margin of N/A% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage


Games Global Gross Profit Related Terms


Games Global Gross Profit Historical Data

* Premium members only.

The historical data trend for Games Global'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.

Games Global Gross Profit Chart

Games Global Annual Data
Trend Mar21 Mar22 Mar23
Gross Profit
0.00 109.76 193.22

Games Global Quarterly Data
Mar22 Dec22 Mar23 Dec23
Gross Profit 0.00 0.00 57.89 0.00

GGL vs : Gross Profit Comparison

For the Electronic Gaming & Multimedia subindustry, Games Global'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.


Games Global Gross Profit vs Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Games Global's Gross Profit distribution charts can be found below:

* The bar in red indicates where Games Global's Gross Profit falls into.



Games Global Gross Profit Calculation

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

Games Global's Gross Profit for the fiscal year that ended in Mar. 2023 is calculated as

Gross Profit (A: Mar. 2023 )=Revenue - Cost of Goods Sold
=329.307 - 136.085
=193.22

Games Global's Gross Profit for the quarter that ended in Dec. 2023 is calculated as

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

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $57.89 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.)

Games Global's Gross Margin % for the quarter that ended in Dec. 2023 is calculated as

Gross Margin % (Q: Dec. 2023 )=Gross Profit (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=(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.

Frequently Asked Questions Learn more about Gross Profit →
What does a Gross Profit of $57.89 Mil mean?
Games Global (GGL) has a Gross Profit of $57.89 Mil as of Dec. 2023. Gross Profit equals net sales less total cost of goods sold. View historical data on Games Global and its competitors.
Is Games Global's Gross Profit too high?
Games Global's current Gross Profit is $57.89 Mil.
How does Games Global's Gross Profit compare to ?
Games Global's Gross Profit of $57.89 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 Games Global and its competitors. Games Global's current Gross Profit is $57.89 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Games Global stock overvalued right now?
Games Global (GGL) has a current Gross Profit of $57.89 Mil. The current Gross Profit is $57.89 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 Games Global (GGL), the current Gross Profit is $57.89 Mil as of Dec. 2023. 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.

Games Global Business Description

Comparable Companies
Address 62 Circular Road, Douglas, IMN, IM1 1LA
Games Global Ltd is a company that primarily works on developing, holding, and exploiting gaming-related intellectual property, as well as creating casino-style gaming content and business-to-business solutions for iGaming operators in regulated markets around the world, based on the size of its studio network.