Eva Live's gross profit for the
three
months ended in Mar. 2024 was $0.58 Mil. Eva Live's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was $2.29 Mil.
Gross Margin % is calculated as gross profit divided by its revenue. Eva Live's gross profit for the
three
months ended in Mar. 2024 was $0.58 Mil. Eva Live's Revenue for the
three
months ended in Mar. 2024 was $2.24 Mil. Therefore, Eva Live's Gross Margin % for the quarter that ended in Mar. 2024 was 25.70%.
Eva Live had a gross margin of 25.70% for the quarter that ended in Mar. 2024 => Competition eroding margins
During the past 2 years, the highestGross Margin % of Eva Live was 47.29%. The lowest was 18.13%. And the median was 32.71%.
Eva Live Gross Profit Historical Data
The historical data trend for Eva Live'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, Eva Live'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.
Eva Live's Gross Profit Distribution in the Software Industry
For the Software industry and Technology sector, Eva Live's Gross Profit distribution charts can be found below:
* The bar in red indicates where Eva Live's Gross Profit falls into.
Eva Live Gross Profit Calculation
Gross Profit is the different between the sale prices and the cost of buying or producing the goods.
Eva Live's Gross Profit for the fiscal year that ended in Dec. 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 $2.29 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.
Eva Live (OTCPK:GOAI) 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
Eva Live had a gross margin of 25.70% for the quarter that ended in Mar. 2024 => Competition eroding margins
Eva Live Gross Profit Related Terms
Thank you for viewing the detailed overview of Eva Live's Gross Profit provided by GuruFocus.com. Please click on the following links to see related term pages.
Eva Live Inc, formerly Malwin Ventures Inc is a United States-based technology company that has developed an automated and intelligent advertiser campaign management platform, Eva Platform enables advertisers ('customers, clients') to buy advertising space on several digital channels to reach their desired audience. The Company also deals with Businesses that utilizes their in house digital marketing capabilities, including advice, creative services, account management, production of advertising material, media planning, and buying.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
GOAI has been successfully added to your