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Glori Energy (Glori Energy) Gross Profit : $-4.33 Mil (TTM As of Dec. 2016)


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What is Glori Energy Gross Profit?

Glori Energy's gross profit for the three months ended in Dec. 2016 was $-1.00 Mil. Glori Energy's gross profit for the trailing twelve months (TTM) ended in Dec. 2016 was $-4.33 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Glori Energy's gross profit for the three months ended in Dec. 2016 was $-1.00 Mil. Glori Energy's Revenue for the three months ended in Dec. 2016 was $0.95 Mil. Therefore, Glori Energy's Gross Margin % for the quarter that ended in Dec. 2016 was -106.24%.

Glori Energy had a gross margin of -106.24% for the quarter that ended in Dec. 2016 => No sustainable competitive advantage


Glori Energy Gross Profit Historical Data

The historical data trend for Glori Energy'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.

Glori Energy Gross Profit Chart

Glori Energy Annual Data
Trend Mar12 Mar13 Mar14 Dec15 Dec16
Gross Profit
- - - -8.25 -4.33

Glori Energy Quarterly Data
Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16
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 -3.25 -1.47 -0.71 -1.14 -1.00

Competitive Comparison of Glori Energy's Gross Profit

For the Shell Companies subindustry, Glori Energy'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.


Glori Energy's Gross Profit Distribution in the Diversified Financial Services Industry

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

* The bar in red indicates where Glori Energy's Gross Profit falls into.



Glori Energy Gross Profit Calculation

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

Glori Energy's Gross Profit for the fiscal year that ended in Dec. 2016 is calculated as

Gross Profit (A: Dec. 2016 )=Revenue - Cost of Goods Sold
=4.497 - 8.825
=-4.33

Glori Energy's Gross Profit for the quarter that ended in Dec. 2016 is calculated as

Gross Profit (Q: Dec. 2016 )=Revenue - Cost of Goods Sold
=0.945 - 1.949
=-1.00

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2016 adds up the quarterly data reported by the company within the most recent 12 months, which was $-4.33 Mil.

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

Glori Energy's Gross Margin % for the quarter that ended in Dec. 2016 is calculated as

Gross Margin % (Q: Dec. 2016 )=Gross Profit (Q: Dec. 2016 ) / Revenue (Q: Dec. 2016 )
=(Revenue - Cost of Goods Sold) / Revenue
=-1.00 / 0.945
=-106.24 %

* 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.


Glori Energy  (OTCPK:GLRI) 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

Glori Energy had a gross margin of -106.24% for the quarter that ended in Dec. 2016 => No sustainable competitive advantage


Glori Energy Gross Profit Related Terms

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Glori Energy (Glori Energy) Business Description

Traded in Other Exchanges
N/A
Address
4315 South Drive, Houston, TX, USA, 77053
Glori Energy Inc is a development stage company.
Executives
Eric C Neuman director 100 CRESCENT COURT, SUITE 1200, DALLAS TX 75201
Ganesh Kishore director 11966 SACKSTON RIDGE DR, CREECE COCUR MO 63191
John U Clarke director PENN VIRGINIA CORPORATION, FOUR RADNOR CORPORATE CENTER, STE 200, RADNOR PA 19087
James C. Musselman director 4315 SOUTH DRIVE, HOUSTON TX 77053
Jonathan Fleming 10 percent owner 222 BERKELEY STREET, BOSTON MA 02116
Thomas O Hicks director 2200 ROSS AVENUE, SUITE 4600 W, DALLAS TX 75201
Michael Schulhof director

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