PSYC (PSYC) Gross Profit: $0.12 Mil (TTM As of Jun. 2017)

PSYC  (OTCPK:PSYC) 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

PSYC had a gross margin of N/A% for the quarter that ended in Jun. 2017 => No sustainable competitive advantage

PSYC Gross Profit Related Terms

The historical data trend for PSYC'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.

PSYC Gross Profit Chart

PSYC Quarterly Data
	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Dec14	Mar15	Jun15	Sep15	Mar16	Jun16	Sep16	Dec16	Jun17
Gross Profit	Get a 7-Day Free Trial															-0.03	0.01	0.00	0.00	0.12

PSYC vs ARLO, TAQR: Gross Profit Comparison

For the Advertising Agencies subindustry, PSYC'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.

PSYC Gross Profit vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, PSYC's Gross Profit distribution charts can be found below:

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

PSYC Gross Profit Calculation

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

PSYC's Gross Profit for the fiscal year that ended in Dec. 2016 is calculated as

PSYC's Gross Profit for the quarter that ended in Jun. 2017 is calculated as

Gross Profit for the trailing twelve months (TTM) ended in Jun. 2017 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.12 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.)

PSYC's Gross Margin % for the quarter that ended in Jun. 2017 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.

PSYC Business Description