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QQQFF (Quizam Media) Gross Profit : $1.79 Mil (TTM As of Aug. 2024)


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What is Quizam Media Gross Profit?

Quizam Media's gross profit for the three months ended in Aug. 2024 was $0.46 Mil. Quizam Media's gross profit for the trailing twelve months (TTM) ended in Aug. 2024 was $1.79 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Quizam Media's gross profit for the three months ended in Aug. 2024 was $0.46 Mil. Quizam Media's Revenue for the three months ended in Aug. 2024 was $1.29 Mil. Therefore, Quizam Media's Gross Margin % for the quarter that ended in Aug. 2024 was 35.29%.

Quizam Media had a gross margin of 35.29% for the quarter that ended in Aug. 2024 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of Quizam Media was 75.59%. The lowest was -9.65%. And the median was 37.74%.


Quizam Media Gross Profit Historical Data

The historical data trend for Quizam Media'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.

Quizam Media Gross Profit Chart

Quizam Media Annual Data
Trend May15 May16 May17 May18 May19 May20 May21 May22 May23 May24
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.06 1.19 2.13 1.96 1.78

Quizam Media Quarterly Data
Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24
Gross Profit Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.49 0.49 0.46 0.38 0.46

Competitive Comparison of Quizam Media's Gross Profit

For the Internet Content & Information subindustry, Quizam Media'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.


Quizam Media's Gross Profit Distribution in the Interactive Media Industry

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

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



Quizam Media Gross Profit Calculation

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

Quizam Media's Gross Profit for the fiscal year that ended in May. 2024 is calculated as

Gross Profit (A: May. 2024 )=Revenue - Cost of Goods Sold
=5.108 - 3.326
=1.78

Quizam Media's Gross Profit for the quarter that ended in Aug. 2024 is calculated as

Gross Profit (Q: Aug. 2024 )=Revenue - Cost of Goods Sold
=1.292 - 0.836
=0.46

Gross Profit for the trailing twelve months (TTM) ended in Aug. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $1.79 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

Quizam Media's Gross Margin % for the quarter that ended in Aug. 2024 is calculated as

Gross Margin % (Q: Aug. 2024 )=Gross Profit (Q: Aug. 2024 ) / Revenue (Q: Aug. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=0.46 / 1.292
=35.29 %

* 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.


Quizam Media  (OTCPK:QQQFF) 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

Quizam Media had a gross margin of 35.29% for the quarter that ended in Aug. 2024 => Competition eroding margins


Quizam Media Gross Profit Related Terms

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Quizam Media Business Description

Traded in Other Exchanges
Address
609 Granville Street, Po Box 10381, Suite 650, Vancouver, BC, CAN, V7Y 1G6
Quizam Media Corp is a company whose principal business activities consist of providing computer training and consulting services, marketing of a computer-based educational program, film production and cannabis retail sales. The Company derives revenue from two industries, Software and Cannabis. Software includes revenue from training services, software sales and licensing sales. Cannabis includes retail product sales and consulting fee revenue. The company does its sales via geographical segments that include Canada, USA and Europe. The majority of its revenue is derived from Canada.

Quizam Media Headlines