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M2i Global (M2i Global) Gross Profit : $0.00 Mil (TTM As of Feb. 2024)


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What is M2i Global Gross Profit?

M2i Global's gross profit for the three months ended in Feb. 2024 was $0.00 Mil. M2i Global's gross profit for the trailing twelve months (TTM) ended in Feb. 2024 was $0.00 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. M2i Global's gross profit for the three months ended in Feb. 2024 was $0.00 Mil. M2i Global's Revenue for the three months ended in Feb. 2024 was $0.00 Mil. Therefore, M2i Global's Gross Margin % for the quarter that ended in Feb. 2024 was N/A%.

M2i Global had a gross margin of N/A% for the quarter that ended in Feb. 2024 => No sustainable competitive advantage


M2i Global Gross Profit Historical Data

The historical data trend for M2i Global'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.

M2i Global Gross Profit Chart

M2i Global Annual Data
Trend Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Gross Profit
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M2i Global Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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Competitive Comparison of M2i Global's Gross Profit

For the Other Industrial Metals & Mining subindustry, M2i Global'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.


M2i Global's Gross Profit Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, M2i Global's Gross Profit distribution charts can be found below:

* The bar in red indicates where M2i Global's Gross Profit falls into.



M2i Global Gross Profit Calculation

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

M2i Global's Gross Profit for the fiscal year that ended in Nov. 2023 is calculated as

Gross Profit (A: Nov. 2023 )=Revenue - Cost of Goods Sold
=0.003 - 0
=0.00

M2i Global's Gross Profit for the quarter that ended in Feb. 2024 is calculated as

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

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

M2i Global's Gross Margin % for the quarter that ended in Feb. 2024 is calculated as

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


M2i Global  (OTCPK:MTWO) 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

M2i Global had a gross margin of N/A% for the quarter that ended in Feb. 2024 => No sustainable competitive advantage


M2i Global Gross Profit Related Terms

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M2i Global (M2i Global) Business Description

Traded in Other Exchanges
N/A
Address
S. Carson Street, P.O. Box No. 40, Carson, NV, USA, 89701
M2I Global Inc formerly Inky Inc develops, publishes and markets mobile software applications for smartphones and tablet devices. Inky facilitates the user to decide what and where to ink without having to actually commence the tattoo procedure. Users will be able to download applications through direct-to-consumer digital storefronts, such as the apple app store and google play market. The app includes a selection of tattoo sketches by different artists that can be virtually placed via smartphone-powered AR. A user gets to try on a virtual tattoo on their body in real time.