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Solidus Communications (Solidus Communications) Gross Profit : $0.14 Mil (TTM As of Nov. 2016)


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What is Solidus Communications Gross Profit?

Solidus Communications's gross profit for the six months ended in Nov. 2016 was $0.14 Mil. Solidus Communications's gross profit for the trailing twelve months (TTM) ended in Nov. 2016 was $0.14 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Solidus Communications's gross profit for the six months ended in Nov. 2016 was $0.14 Mil. Solidus Communications's Revenue for the six months ended in Nov. 2016 was $0.15 Mil. Therefore, Solidus Communications's Gross Margin % for the quarter that ended in Nov. 2016 was 93.42%.

Solidus Communications had a gross margin of 93.42% for the quarter that ended in Nov. 2016 => Durable competitive advantage


Solidus Communications Gross Profit Historical Data

The historical data trend for Solidus Communications'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.

Solidus Communications Gross Profit Chart

Solidus Communications Annual Data
Trend Nov07 Nov08 Nov09 Nov10 Nov11 Nov12 Nov13 Nov14 Nov15 Nov16
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only - -2.00 - 0.15 0.14

Solidus Communications Semi-Annual Data
Nov07 Nov08 Nov09 Nov10 Nov11 Nov12 Nov13 Nov14 Nov15 Nov16
Gross Profit Get a 7-Day Free Trial Premium Member Only Premium Member Only - -2.00 - 0.15 0.14

Competitive Comparison of Solidus Communications's Gross Profit

For the Telecom Services subindustry, Solidus Communications'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.


Solidus Communications's Gross Profit Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Solidus Communications's Gross Profit distribution charts can be found below:

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



Solidus Communications Gross Profit Calculation

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

Solidus Communications's Gross Profit for the fiscal year that ended in Nov. 2016 is calculated as

Gross Profit (A: Nov. 2016 )=Revenue - Cost of Goods Sold
=0.152 - 0.01
=0.14

Solidus Communications's Gross Profit for the quarter that ended in Nov. 2016 is calculated as

Gross Profit (Q: Nov. 2016 )=Revenue - Cost of Goods Sold
=0.152 - 0.01
=0.14

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Gross Profit for the trailing twelve months (TTM) ended in Nov. 2016 was $0.14 Mil.

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

Solidus Communications's Gross Margin % for the quarter that ended in Nov. 2016 is calculated as

Gross Margin % (Q: Nov. 2016 )=Gross Profit (Q: Nov. 2016 ) / Revenue (Q: Nov. 2016 )
=(Revenue - Cost of Goods Sold) / Revenue
=0.14 / 0.152
=93.42 %

* 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.


Solidus Communications  (OTCPK:SLDC) 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

Solidus Communications had a gross margin of 93.42% for the quarter that ended in Nov. 2016 => Durable competitive advantage


Solidus Communications Gross Profit Related Terms

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Solidus Communications (Solidus Communications) Business Description

Traded in Other Exchanges
N/A
Address
454 South Yonge Street, Suite 3A, Ormond Beach, FL, USA, 32174
Solidus Communications Inc offers telecommunication services and equipment, including mobile phones, mobile voice service, and VoIP service. It offers prepaid service/plans that include predefined minute/unlimited minute plans. It offers services under the brand names Amgentech and Telco Cuba. Under the brand name Telco Cuba, the company is targeting the Cuban American demographic in the United States. Under the brand name Amgentech, offers the best of breed technology solutions which include, but are not limited to Software and Network architecture services, software development, website development, hosting and colocation services, managed network and server services, voice over IP servers and bulk mailing services.
Executives
Jmz Alliance Group, Inc. 10 percent owner 1108 KANE CONCOURSE, #206, HARBOR ISLANDS FL 33154
Pucillo Frederick J. Jr. director, officer: CEO, President 111 AIRPORT RD., UNIT 5, WARWICK RI 02889
Malkeet Singh Bains director, 10 percent owner, officer: President, Secretary-Treasurer 7445 132ND STREET, SUITE 2008, SURREY A1 V3W 5S8

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