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Logistics Innovation Technologies (Logistics Innovation Technologies) Gross Profit : $0.00 Mil (TTM As of Mar. 2023)


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What is Logistics Innovation Technologies Gross Profit?

Logistics Innovation Technologies's gross profit for the three months ended in Mar. 2023 was $0.00 Mil. Logistics Innovation Technologies's gross profit for the trailing twelve months (TTM) ended in Mar. 2023 was $0.00 Mil.

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

Logistics Innovation Technologies had a gross margin of N/A% for the quarter that ended in Mar. 2023 => No sustainable competitive advantage


Logistics Innovation Technologies Gross Profit Historical Data

The historical data trend for Logistics Innovation Technologies'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.

Logistics Innovation Technologies Gross Profit Chart

Logistics Innovation Technologies Annual Data
Trend Dec21 Dec22
Gross Profit
- -

Logistics Innovation Technologies Quarterly Data
Feb21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
Gross Profit Get a 7-Day Free Trial Premium Member Only - - - - -

Competitive Comparison of Logistics Innovation Technologies's Gross Profit

For the Shell Companies subindustry, Logistics Innovation Technologies'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.


Logistics Innovation Technologies's Gross Profit Distribution in the Diversified Financial Services Industry

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

* The bar in red indicates where Logistics Innovation Technologies's Gross Profit falls into.



Logistics Innovation Technologies Gross Profit Calculation

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

Logistics Innovation Technologies's Gross Profit for the fiscal year that ended in Dec. 2022 is calculated as

Gross Profit (A: Dec. 2022 )=Revenue - Cost of Goods Sold
=0 - 0
=0.00

Logistics Innovation Technologies's Gross Profit for the quarter that ended in Mar. 2023 is calculated as

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

Gross Profit for the trailing twelve months (TTM) ended in Mar. 2023 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.)

Logistics Innovation Technologies's Gross Margin % for the quarter that ended in Mar. 2023 is calculated as

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


Logistics Innovation Technologies  (NAS:LITT) 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

Logistics Innovation Technologies had a gross margin of N/A% for the quarter that ended in Mar. 2023 => No sustainable competitive advantage


Logistics Innovation Technologies Gross Profit Related Terms

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Logistics Innovation Technologies (Logistics Innovation Technologies) Business Description

Traded in Other Exchanges
N/A
Address
3495 Piedmont Road North East, Boulevard 11, Suite 710, One Piedmont Center, Atlanta, GA, USA, 30305
Website
Logistics Innovation Technologies Corp is a blank check company.
Executives
Andrew C Clarke director 430 AIRPORT ROAD, GREENVILLIE TN 37745
Chris T. Sultemeier director 1650 JOHN KING BLVD, #3602, ROCKWALL TX 75032
Alan Gershenhorn director, officer: CEO and Chairman 55 GLENLAKE PARKWAY NE, ATLANTA GA 30328
Isaac Applbaum 10 percent owner 65 CHALLENGER ROAD, C/O VECTOR INTERSECT SECURITY ACQ. CORP., RIDGEFILED PARK NJ 07660
Bruno Sidler director 15350 VICKERY DRIVE, HOUSTON TX 77032
1p Management Llc director, 10 percent owner 3348 PEACHTREE ROAD, SUITE 700, ATLANTA GA 30326