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Machten (Machten) Gross Profit : $5.36 Mil (TTM As of Sep. 2023)


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What is Machten Gross Profit?

Machten's gross profit for the three months ended in Sep. 2023 was $2.71 Mil. Machten's gross profit for the trailing twelve months (TTM) ended in Sep. 2023 was $5.36 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Machten's gross profit for the three months ended in Sep. 2023 was $2.71 Mil. Machten's Revenue for the three months ended in Sep. 2023 was $4.13 Mil. Therefore, Machten's Gross Margin % for the quarter that ended in Sep. 2023 was 65.48%.

Machten had a gross margin of 65.48% for the quarter that ended in Sep. 2023 => Durable competitive advantage

During the past 0 years, the highest Gross Margin % of Machten was 66.03%. The lowest was 0.00%. And the median was 0.00%.


Machten Gross Profit Historical Data

The historical data trend for Machten'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.

Machten Gross Profit Chart

Machten Annual Data
Trend
Gross Profit

Machten Quarterly Data
Jun22 Sep22 Jun23 Sep23
Gross Profit 2.67 2.64 2.65 2.71

Competitive Comparison of Machten's Gross Profit

For the Telecom Services subindustry, Machten'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.


Machten's Gross Profit Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Machten's Gross Profit distribution charts can be found below:

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



Machten Gross Profit Calculation

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

Machten's Gross Profit for the fiscal year that ended in . 20 is calculated as

Gross Profit (A: . 20 )=Revenue - Cost of Goods Sold
= -
=0.00

Machten's Gross Profit for the quarter that ended in Sep. 2023 is calculated as

Gross Profit (Q: Sep. 2023 )=Revenue - Cost of Goods Sold
=4.131 - 1.426
=2.71

Gross Profit for the trailing twelve months (TTM) ended in Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $5.36 Mil.

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

Machten's Gross Margin % for the quarter that ended in Sep. 2023 is calculated as

Gross Margin % (Q: Sep. 2023 )=Gross Profit (Q: Sep. 2023 ) / Revenue (Q: Sep. 2023 )
=(Revenue - Cost of Goods Sold) / Revenue
=2.71 / 4.131
=65.48 %

* 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.


Machten  (OTCPK:MACT) 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

Machten had a gross margin of 65.48% for the quarter that ended in Sep. 2023 => Durable competitive advantage


Machten Gross Profit Related Terms

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Machten (Machten) Business Description

Traded in Other Exchanges
N/A
Address
1516 Barlow Street, Suite D, Traverse City, MI, USA, 49686
Website
Machten Inc is an integrated provider of voice, broadband, and internet access services. It provides high-speed broadband services, including internet access, through fiber optic facilities, copper-based DSL, fixed wireless facilities, and coaxial cable via cable modems.
Executives
Mario J Gabelli 10 percent owner 191 MASON STREET, GREENWICH CT 06830
Ggcp, Inc. 10 percent owner 189 MASON STREET, GREENWICH CT 06830
Ggcp Holdings Llc 10 percent owner 140 GREENWICH AVENUE, GREENWICH CT 06830
Lict Corp 10 percent owner 401 THEODORE FREMD AVE, RYE NY 10580
Patrick J Hansen director C/O MACHTEN, INC., 1516 BARLOW STREET, SUITE D, TRAVERSE CITY MI 49686
Stephen J. Moore officer: Interim CFO C/O MACHTEN, INC., 1516 BARLOW STREET, SUITE D, TRAVERSE CITY MI 49686
Katherine Tansey director C/O MACHTEN, INC., 1516 BARLOW STREET, SUITE D, TRAVERSE CITY MI 49686
Gary L Sugarman director C/O MACHTEN, INC., 1516 BARLOW STREET, SUITE D, TRAVERSE CITY MI 49686
Philip J. Lombardo director C/O MACHTEN, INC., 1516 BARLOW STREET, SUITE D, TRAVERSE CITY MI 49686
Daniel M. Miller director, officer: Chief Executive Officer C/O MACHTEN, INC., 1516 BARLOW STREET, SUITE D, TRAVERSE CITY MI 49686

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