LGLOF (Green Block Mining) Gross Profit: $-3.63 Mil (TTM As of Aug. 2021)

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What is Green Block Mining Gross Profit?

Green Block Mining LGLOF -90.00% Gross Profit is $-3.63 Mil as of Aug. 2021.

Green Block Mining's gross profit for the three months ended in Aug. 2021 was $0.03 Mil. Green Block Mining's gross profit for the trailing twelve months (TTM) ended in Aug. 2021 was $-3.63 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Green Block Mining's gross profit for the three months ended in Aug. 2021 was $0.03 Mil. Green Block Mining's Revenue for the three months ended in Aug. 2021 was $0.74 Mil. Therefore, Green Block Mining's Gross Margin % for the quarter that ended in Aug. 2021 was 3.69%.

Green Block Mining had a gross margin of 3.69% for the quarter that ended in Aug. 2021 => No sustainable competitive advantage

Green Block Mining  (OTCPK:LGLOF) 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

Green Block Mining had a gross margin of 3.69% for the quarter that ended in Aug. 2021 => No sustainable competitive advantage

Green Block Mining Gross Profit Related Terms

Green Block Mining Gross Profit Historical Data

* Premium members only.

The historical data trend for Green Block Mining'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.

Green Block Mining Gross Profit Chart

Green Block Mining Annual Data
Trend Nov18 Nov19 Nov20
Gross Profit
-0.23 -0.34 -2.57

Green Block Mining Quarterly Data
Feb18 May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21
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 0.08 -2.57 0.29 -1.38 0.03

LGLOF vs CRM, INTU, NOW: Gross Profit Comparison

For the Software - Application subindustry, Green Block Mining'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.

Green Block Mining Gross Profit vs Software Industry

For the Software industry and Technology sector, Green Block Mining's Gross Profit distribution charts can be found below:

* The bar in red indicates where Green Block Mining's Gross Profit falls into.


Green Block Mining Gross Profit Calculation

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

Green Block Mining's Gross Profit for the fiscal year that ended in Nov. 2020 is calculated as

Gross Profit (A: Nov. 2020 )=Revenue - Cost of Goods Sold
=1.2668760000049 - 3.8369770000148
=-2.57

Green Block Mining's Gross Profit for the quarter that ended in Aug. 2021 is calculated as

Gross Profit (Q: Aug. 2021 )=Revenue - Cost of Goods Sold
=0.73655000000448 - 0.70939300000431
=0.03

Gross Profit for the trailing twelve months (TTM) ended in Aug. 2021 adds up the quarterly data reported by the company within the most recent 12 months, which was $-3.63 Mil.

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

Green Block Mining's Gross Margin % for the quarter that ended in Aug. 2021 is calculated as

Gross Margin % (Q: Aug. 2021 )=Gross Profit (Q: Aug. 2021 ) / Revenue (Q: Aug. 2021 )
=(Revenue - Cost of Goods Sold) / Revenue
=0.03 / 0.73655000000448
=3.69 %

* 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 $-3.63 Mil mean?
Green Block Mining (LGLOF) has a Gross Profit of $-3.63 Mil as of Aug. 2021. Gross Profit equals net sales less total cost of goods sold. View historical data on Green Block Mining and its competitors.
Is Green Block Mining's Gross Profit too high?
Green Block Mining's current Gross Profit is $-3.63 Mil.
How does Green Block Mining's Gross Profit compare to CRM and INTU?
Green Block Mining's Gross Profit of $-3.63 Mil can be compared against companies in the Software 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 a Software company?
A good Gross Profit depends on the Software 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 Green Block Mining and its competitors. Green Block Mining's current Gross Profit is $-3.63 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Green Block Mining stock overvalued right now?
Green Block Mining (LGLOF) has a current Gross Profit of $-3.63 Mil. The current Gross Profit is $-3.63 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 Green Block Mining (LGLOF), the current Gross Profit is $-3.63 Mil as of Aug. 2021. 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.

Green Block Mining Business Description

Address 800 West Pender Street, Suite 1430, Vancouver, BC, CAN, V6C 2V6
Green Block Mining Corp, formerly Link Global Technologies Inc is a innovative power and infrastructure solution provider for digital mining and data hosting operations. LINK maximizes the potential of today's technologies through power solutions. It builds and manages semi-portable, self-contained power solutions that can be rapidly deployed in virtually any environment. With the low-cost, energy-efficient and smart infrastructure company provides digital mining services to third parties.