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OMDA Oil and Gas (OMDA Oil and Gas) Gross Profit : $0.00 Mil (TTM As of . 20)


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What is OMDA Oil and Gas Gross Profit?

OMDA Oil and Gas's gross profit for the three months ended in . 20 was $0.00 Mil. OMDA Oil and Gas's gross profit for the trailing twelve months (TTM) ended in . 20 was $0.00 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. OMDA Oil and Gas's gross profit for the three months ended in . 20 was $0.00 Mil. OMDA Oil and Gas's Revenue for the three months ended in . 20 was $0.00 Mil. Therefore, OMDA Oil and Gas's Gross Margin % for the quarter that ended in . 20 was N/A%.

OMDA Oil and Gas had a gross margin of N/A% for the quarter that ended in . 20 => No sustainable competitive advantage


OMDA Oil and Gas Gross Profit Historical Data

The historical data trend for OMDA Oil and Gas'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.

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OMDA Oil and Gas Gross Profit Chart

OMDA Oil and Gas Annual Data
Trend
Gross Profit

OMDA Oil and Gas Quarterly Data
Gross Profit

Competitive Comparison of OMDA Oil and Gas's Gross Profit

For the Oil & Gas E&P subindustry, OMDA Oil and Gas'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.


OMDA Oil and Gas's Gross Profit Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, OMDA Oil and Gas's Gross Profit distribution charts can be found below:

* The bar in red indicates where OMDA Oil and Gas's Gross Profit falls into.



OMDA Oil and Gas Gross Profit Calculation

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

OMDA Oil and Gas'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

OMDA Oil and Gas's Gross Profit for the quarter that ended in . 20 is calculated as

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

Gross Profit for the trailing twelve months (TTM) ended in . 20 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.)

OMDA Oil and Gas's Gross Margin % for the quarter that ended in . 20 is calculated as

Gross Margin % (Q: . 20 )=Gross Profit (Q: . 20 ) / Revenue (Q: . 20 )
=(Revenue - Cost of Goods Sold) / Revenue
=0.00 /
=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.


OMDA Oil and Gas  (OTCPK:OOAG) 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

OMDA Oil and Gas had a gross margin of N/A% for the quarter that ended in . 20 => No sustainable competitive advantage


OMDA Oil and Gas Gross Profit Related Terms

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OMDA Oil and Gas (OMDA Oil and Gas) Business Description

Traded in Other Exchanges
N/A
Address
108 West 13th Street, Wilmington, DE, USA, 19801
Website
OMDA Oil and Gas Inc is engaged in the business of oil and gas production and lease acquisition.

OMDA Oil and Gas (OMDA Oil and Gas) Headlines

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