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SPQS (SportsQuest) Gross Profit : $0.03 Mil (TTM As of Oct. 2007)


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What is SportsQuest Gross Profit?

SportsQuest's gross profit for the six months ended in Oct. 2007 was $0.03 Mil. SportsQuest's gross profit for the trailing twelve months (TTM) ended in Oct. 2007 was $0.03 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. SportsQuest's gross profit for the six months ended in Oct. 2007 was $0.03 Mil. SportsQuest's Revenue for the six months ended in Oct. 2007 was $0.03 Mil. Therefore, SportsQuest's Gross Margin % for the quarter that ended in Oct. 2007 was N/A%.

SportsQuest had a gross margin of N/A% for the quarter that ended in Oct. 2007 => No sustainable competitive advantage


SportsQuest Gross Profit Historical Data

The historical data trend for SportsQuest'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.

SportsQuest Gross Profit Chart

SportsQuest Annual Data
Trend Oct98 Oct99 Oct00 Oct01 Oct02 Oct03 Oct04 Oct05 Oct06 Oct07
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.06 0.06 0.06 0.07 0.03

SportsQuest Semi-Annual Data
Oct96 Oct97 Oct98 Oct99 Oct00 Oct01 Oct02 Oct03 Oct04 Oct05 Oct06 Oct07
Gross Profit Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.06 0.06 0.06 0.07 0.03

Competitive Comparison of SportsQuest's Gross Profit

For the Leisure subindustry, SportsQuest'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.


SportsQuest's Gross Profit Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, SportsQuest's Gross Profit distribution charts can be found below:

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


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SportsQuest Gross Profit Calculation

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

SportsQuest's Gross Profit for the fiscal year that ended in Oct. 2007 is calculated as

Gross Profit (A: Oct. 2007 )=Revenue - Cost of Goods Sold
=0.028 - 0
=0.03

SportsQuest's Gross Profit for the quarter that ended in Oct. 2007 is calculated as

Gross Profit (Q: Oct. 2007 )=Revenue - Cost of Goods Sold
=0.028 - 0
=0.03

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Gross Profit for the trailing twelve months (TTM) ended in Oct. 2007 was $0.03 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.)

SportsQuest's Gross Margin % for the quarter that ended in Oct. 2007 is calculated as

Gross Margin % (Q: Oct. 2007 )=Gross Profit (Q: Oct. 2007 ) / Revenue (Q: Oct. 2007 )
=(Revenue - Cost of Goods Sold) / Revenue
=0.03 / 0.028
=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.


SportsQuest  (OTCPK:SPQS) 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

SportsQuest had a gross margin of N/A% for the quarter that ended in Oct. 2007 => No sustainable competitive advantage


SportsQuest Gross Profit Related Terms

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SportsQuest Business Description

Traded in Other Exchanges
N/A
Address
500 S Australian Avenue, Suite No. 600, West Palm Beach, Florida, FL, USA, 33401
SportsQuest Inc is currently is in development stage company of a sports franchise. The company is engaged in sports and hospitality related services.
Executives
Roy Thomas Kidd director, officer: President, CEO 432 VALLEY STREAM DRIVE, GENEVA FL 32732
Air Brook Airport Express Inc other: Related party 500 AUSTRALIAN AVENUE, SUITE 600, WEST PALM BEACH FL 33401