Viva Entertainment Group (Viva Entertainment Group) Gross Profit : $0.01 Mil (TTM As of Apr. 2022)

Viva Entertainment Group Gross Profit Chart

Viva Entertainment Group Annual Data
	Trend	Oct10	Oct11	Oct12	Oct13	Oct14	Oct15	Oct16	Oct17	Oct18
Gross Profit		Get a 7-Day Free Trial				-	-	-	0.03	0.04

Viva Entertainment Group Semi-Annual Data
	Oct10	Apr11	Oct11	Apr12	Oct12	Apr13	Oct13	Apr14	Oct14	Apr15	Oct15	Apr16	Oct16	Apr17	Oct17	Apr18	Oct18	Apr19	Apr21	Apr22
Gross Profit	Get a 7-Day Free Trial															0.03	0.02	0.02	0.04	0.01

Competitive Comparison of Viva Entertainment Group's Gross Profit

For the Internet Content & Information subindustry, Viva Entertainment Group'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.

Viva Entertainment Group's Gross Profit Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Viva Entertainment Group's Gross Profit distribution charts can be found below:

* The bar in red indicates where Viva Entertainment Group's Gross Profit falls into.

Viva Entertainment Group Gross Profit Calculation

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

Viva Entertainment Group's Gross Profit for the fiscal year that ended in Oct. 2018 is calculated as

Viva Entertainment Group's Gross Profit for the quarter that ended in Apr. 2022 is calculated as

Gross Profit for the trailing twelve months (TTM) ended in Apr. 2022 adds up the semi-annually data reported by the company within the most recent 12 months, which was $0.01 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.)

Viva Entertainment Group's Gross Margin % for the quarter that ended in Apr. 2022 is calculated as

* 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.

Viva Entertainment Group  (OTCPK:OTTV) 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

Viva Entertainment Group had a gross margin of N/A% for the quarter that ended in Apr. 2022 => No sustainable competitive advantage

Viva Entertainment Group Gross Profit Related Terms

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Viva Entertainment Group (Viva Entertainment Group) Business Description