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SPAIF (Sparc AI) Gross Profit : $0.00 Mil (TTM As of Sep. 2024)


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What is Sparc AI Gross Profit?

Sparc AI's gross profit for the three months ended in Sep. 2024 was $0.00 Mil. Sparc AI's gross profit for the trailing twelve months (TTM) ended in Sep. 2024 was $0.00 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Sparc AI's gross profit for the three months ended in Sep. 2024 was $0.00 Mil. Sparc AI's Revenue for the three months ended in Sep. 2024 was $0.00 Mil. Therefore, Sparc AI's Gross Margin % for the quarter that ended in Sep. 2024 was N/A%.

Sparc AI had a gross margin of N/A% for the quarter that ended in Sep. 2024 => No sustainable competitive advantage

During the past 5 years, the highest Gross Margin % of Sparc AI was 80.77%. The lowest was -4.38%. And the median was 19.92%.


Sparc AI Gross Profit Historical Data

The historical data trend for Sparc 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.

* Premium members only.

Sparc AI Gross Profit Chart

Sparc AI Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
0.16 0.04 -0.02 0.03 0.05

Sparc AI Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 - - - - -

Competitive Comparison of Sparc AI's Gross Profit

For the Software - Application subindustry, Sparc 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.


Sparc AI's Gross Profit Distribution in the Software Industry

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

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



Sparc AI Gross Profit Calculation

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

Sparc 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
=0.15 - 0.101
=0.05

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

Gross Profit (Q: Sep. 2024 )=Revenue - Cost of Goods Sold
=0 - 0
=0.00

Gross Profit for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.00 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.)

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

Gross Margin % (Q: Sep. 2024 )=Gross Profit (Q: Sep. 2024 ) / Revenue (Q: Sep. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=0.00 / 0
=N/A %

* 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.


Sparc AI  (OTCPK:SPAIF) 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

Sparc AI had a gross margin of N/A% for the quarter that ended in Sep. 2024 => No sustainable competitive advantage


Sparc AI Gross Profit Related Terms

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Sparc AI Business Description

Traded in Other Exchanges
Address
71 Victoria Crescent, Building 17, Abbotsford, VIC, AUS, 3067
Sparc AI Inc Formerly EYEFI Group Technologies Inc is a software and electronics engineering company that has developed, patented and commercialized an innovative spatial technology; spatial, predictive, approximation and radial convolution (SPARC) and an associated product suite, that turns sensors, cameras and smartphones (fixed, mobile, airborne, portable or handheld) into geo-target co-ordinate acquisition devices. The company has also developed IIoT sensor hardware and associated cloud software, as a second pillar within its product offering. Its Cloud is a next-generation cloud platform that provides a secure and centralized environment where customers can manage their EYEfi product deployments and applications. It has one segment software and electronics engineering services.

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