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MMMW (Mass Megawatts Wind Power) Gross Profit : $0.00 Mil (TTM As of Jan. 2024)


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What is Mass Megawatts Wind Power Gross Profit?

Mass Megawatts Wind Power's gross profit for the three months ended in Jan. 2024 was $0.00 Mil. Mass Megawatts Wind Power's gross profit for the trailing twelve months (TTM) ended in Jan. 2024 was $0.00 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Mass Megawatts Wind Power's gross profit for the three months ended in Jan. 2024 was $0.00 Mil. Mass Megawatts Wind Power's Revenue for the three months ended in Jan. 2024 was $0.00 Mil. Therefore, Mass Megawatts Wind Power's Gross Margin % for the quarter that ended in Jan. 2024 was N/A%.

Mass Megawatts Wind Power had a gross margin of N/A% for the quarter that ended in Jan. 2024 => No sustainable competitive advantage

During the past 9 years, the highest Gross Margin % of Mass Megawatts Wind Power was 75.00%. The lowest was -1652.00%. And the median was -52.20%.


Mass Megawatts Wind Power Gross Profit Historical Data

The historical data trend for Mass Megawatts Wind Power'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.

Mass Megawatts Wind Power Gross Profit Chart

Mass Megawatts Wind Power Annual Data
Trend Apr09 Apr10 Apr11 Apr12 Apr13 Apr14 Apr21 Apr22 Apr23
Gross Profit
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Mass Megawatts Wind Power Quarterly Data
Apr13 Jul13 Oct13 Jan14 Apr14 Jul14 Oct14 Jan15 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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Competitive Comparison of Mass Megawatts Wind Power's Gross Profit

For the Utilities - Renewable subindustry, Mass Megawatts Wind Power'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.


Mass Megawatts Wind Power's Gross Profit Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Mass Megawatts Wind Power's Gross Profit distribution charts can be found below:

* The bar in red indicates where Mass Megawatts Wind Power's Gross Profit falls into.



Mass Megawatts Wind Power Gross Profit Calculation

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

Mass Megawatts Wind Power's Gross Profit for the fiscal year that ended in Apr. 2023 is calculated as

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

Mass Megawatts Wind Power's Gross Profit for the quarter that ended in Jan. 2024 is calculated as

Gross Profit (Q: Jan. 2024 )=Revenue - Cost of Goods Sold
=0 - 0
=0.00

Gross Profit for the trailing twelve months (TTM) ended in Jan. 2024 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.)

Mass Megawatts Wind Power's Gross Margin % for the quarter that ended in Jan. 2024 is calculated as

Gross Margin % (Q: Jan. 2024 )=Gross Profit (Q: Jan. 2024 ) / Revenue (Q: Jan. 2024 )
=(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.


Mass Megawatts Wind Power  (OTCPK:MMMW) 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

Mass Megawatts Wind Power had a gross margin of N/A% for the quarter that ended in Jan. 2024 => No sustainable competitive advantage


Mass Megawatts Wind Power Gross Profit Related Terms

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Mass Megawatts Wind Power Business Description

Traded in Other Exchanges
N/A
Address
119 Boston Turnpike, No. 290, Shrewsbury, MA, USA, 01545
Mass Megawatts Wind Power Inc is engaged in the development of renewable power technology. It develops solar trackers and wind energy equipment for low-cost clean energy generation. The company's patent pending, Mass Megawatts Solar Tracking System (STS) is a complete solar power system that is designed to continually adjust the position of solar panels to receive the optimal level of direct sunlight throughout the day. In addition, it also seeks to build and operate wind-energy-generated power plants utilizing proprietary MultiAxis Turbine technology.
Executives
Jonathan Ricker director, 10 percent owner, officer: Chairman and CEO P.O. BOX 60398, WORCESTER MD 01606
Richard Barcia officer: Chief Operating Officer 2663 E 90TH PLACE, DENVER CO 80229
Thomas F Weisz 10 percent owner 20201 E. COUNTRY CLUB DRIVE, APT. 707, AVENTURA FL 33180