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RZLV (Rezolve AI) Gross Profit : $0.12 Mil (TTM As of Jun. 2024)


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What is Rezolve AI Gross Profit?

Rezolve AI's gross profit for the six months ended in Jun. 2024 was $0.04 Mil. Rezolve AI's gross profit for the trailing twelve months (TTM) ended in Jun. 2024 was $0.12 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Rezolve AI's gross profit for the six months ended in Jun. 2024 was $0.04 Mil. Rezolve AI's Revenue for the six months ended in Jun. 2024 was $0.05 Mil. Therefore, Rezolve AI's Gross Margin % for the quarter that ended in Jun. 2024 was 69.81%.

Rezolve AI had a gross margin of 69.81% for the quarter that ended in Jun. 2024 => Durable competitive advantage

During the past 3 years, the highest Gross Margin % of Rezolve AI was 75.86%. The lowest was -547.83%. And the median was 55.42%.


Rezolve AI Gross Profit Historical Data

The historical data trend for Rezolve AI'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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Rezolve AI Gross Profit Chart

Rezolve AI Annual Data
Trend Dec21 Dec22 Dec23
Gross Profit
2.16 -0.63 0.11

Rezolve AI Semi-Annual Data
Dec21 Dec22 Jun23 Dec23 Jun24
Gross Profit - - 0.03 0.08 0.04

Competitive Comparison of Rezolve AI's Gross Profit

For the Software - Infrastructure subindustry, Rezolve AI'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.


Rezolve AI's Gross Profit Distribution in the Software Industry

For the Software industry and Technology sector, Rezolve AI's Gross Profit distribution charts can be found below:

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



Rezolve AI Gross Profit Calculation

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

Rezolve AI's Gross Profit for the fiscal year that ended in Dec. 2023 is calculated as

Gross Profit (A: Dec. 2023 )=Revenue - Cost of Goods Sold
=0.145 - 0.035
=0.11

Rezolve AI's Gross Profit for the quarter that ended in Jun. 2024 is calculated as

Gross Profit (Q: Jun. 2024 )=Revenue - Cost of Goods Sold
=0.053 - 0.016
=0.04

Gross Profit for the trailing twelve months (TTM) ended in Jun. 2024 adds up the semi-annually 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.

Rezolve AI's Gross Margin % for the quarter that ended in Jun. 2024 is calculated as

Gross Margin % (Q: Jun. 2024 )=Gross Profit (Q: Jun. 2024 ) / Revenue (Q: Jun. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=0.04 / 0.053
=69.81 %

* 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.


Rezolve AI  (NAS:RZLV) 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

Rezolve AI had a gross margin of 69.81% for the quarter that ended in Jun. 2024 => Durable competitive advantage


Rezolve AI Gross Profit Related Terms

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Rezolve AI Business Description

Comparable Companies
Traded in Other Exchanges
Address
80 New Bond Street, 3rd Floor, London, GBR, W1S 1SB
Rezolve AI Ltd provides a mobile commerce and engagement platform, underpinned by machine learning, that enables retailers, brands and manufacturers to engage with consumers in a broad range of locations and settings via their mobile devices and personal computers. its platform allows for mobile engagement with merchants using its software to extend their business to consumers' mobile devices and computers in different ways.