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Quad M Solutions (Quad M Solutions) Gross Profit : $-2.98 Mil (TTM As of Jun. 2023)


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What is Quad M Solutions Gross Profit?

Quad M Solutions's gross profit for the three months ended in Jun. 2023 was $0.00 Mil. Quad M Solutions's gross profit for the trailing twelve months (TTM) ended in Jun. 2023 was $-2.98 Mil.

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

Quad M Solutions had a gross margin of N/A% for the quarter that ended in Jun. 2023 => No sustainable competitive advantage

During the past 7 years, the highest Gross Margin % of Quad M Solutions was 4.00%. The lowest was -15.98%. And the median was 3.52%.


Quad M Solutions Gross Profit Historical Data

The historical data trend for Quad M Solutions'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.

Quad M Solutions Gross Profit Chart

Quad M Solutions Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Dec22
Gross Profit
Get a 7-Day Free Trial - - 0.12 1.40 2.19

Quad M Solutions Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
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 2.29 2.66 -5.64 - -

Competitive Comparison of Quad M Solutions's Gross Profit

For the Insurance - Specialty subindustry, Quad M Solutions'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.


Quad M Solutions's Gross Profit Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Quad M Solutions's Gross Profit distribution charts can be found below:

* The bar in red indicates where Quad M Solutions's Gross Profit falls into.



Quad M Solutions Gross Profit Calculation

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

Quad M Solutions'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
=54.893 - 52.7
=2.19

Quad M Solutions's Gross Profit for the quarter that ended in Jun. 2023 is calculated as

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

Gross Profit for the trailing twelve months (TTM) ended in Jun. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-2.98 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.)

Quad M Solutions's Gross Margin % for the quarter that ended in Jun. 2023 is calculated as

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


Quad M Solutions  (OTCPK:MMMM) 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

Quad M Solutions had a gross margin of N/A% for the quarter that ended in Jun. 2023 => No sustainable competitive advantage


Quad M Solutions Gross Profit Related Terms

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Quad M Solutions (Quad M Solutions) Business Description

Traded in Other Exchanges
N/A
Address
1111 Belt Line Road, Suite 108E, Garland, TX, USA, 75040
Quad M Solutions Inc along with its subsidiaries is engaged in the business of providing staffing services, back-office services including accounting, payroll and a full complement of HR benefits in its role as a Professional Employer Organization. Along with this, the company is also engaged in providing health plans and comprehensive benefits, insurance consulting services, re-insurance, employer retirement benefit services to small and medium-sized businesses. It generates revenue from staffing and business consulting services.
Executives
Delaine Hess Gruber director, officer: president (effective 10/28/03 PO BOX 2796, COEUR D ALENE ID 83814

Quad M Solutions (Quad M Solutions) Headlines

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