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Tech And Energy Transition's gross profit for the three months ended in Dec. 2022 was $0.00 Mil. Tech And Energy Transition's gross profit for the trailing twelve months (TTM) ended in Dec. 2022 was $0.00 Mil.
Gross Margin % is calculated as gross profit divided by its revenue. Tech And Energy Transition's gross profit for the three months ended in Dec. 2022 was $0.00 Mil. Tech And Energy Transition's Revenue for the three months ended in Dec. 2022 was $0.00 Mil. Therefore, Tech And Energy Transition's Gross Margin % for the quarter that ended in Dec. 2022 was N/A%.
Tech And Energy Transition had a gross margin of N/A% for the quarter that ended in Dec. 2022 => No sustainable competitive advantage
The historical data trend for Tech And Energy Transition'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.
Tech And Energy Transition Annual Data | |||||||||
Trend | Mar19 | Mar20 | Mar21 | Mar22 | |||||
Gross Profit | - | - | - | - |
Tech And Energy Transition Quarterly Data | |||||||||||||
Mar19 | Dec19 | Mar20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | |
Gross Profit | Get a 7-Day Free Trial | - | - | - | - | - |
For the Shell Companies subindustry, Tech And Energy Transition'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.
For the Diversified Financial Services industry and Financial Services sector, Tech And Energy Transition's Gross Profit distribution charts can be found below:
* The bar in red indicates where Tech And Energy Transition's Gross Profit falls into.
Gross Profit is the different between the sale prices and the cost of buying or producing the goods.
Tech And Energy Transition's Gross Profit for the fiscal year that ended in Mar. 2022 is calculated as
Gross Profit (A: Mar. 2022 ) | = | Revenue | - | Cost of Goods Sold |
= | 0 | - | 0 | |
= | 0.00 |
Tech And Energy Transition's Gross Profit for the quarter that ended in Dec. 2022 is calculated as
Gross Profit (Q: Dec. 2022 ) | = | Revenue | - | Cost of Goods Sold |
= | 0 | - | 0 | |
= | 0.00 |
Gross Profit for the trailing twelve months (TTM) ended in Dec. 2022 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.)
Tech And Energy Transition's Gross Margin % for the quarter that ended in Dec. 2022 is calculated as
Gross Margin % (Q: Dec. 2022 ) | = | Gross Profit (Q: Dec. 2022 ) | / | Revenue (Q: Dec. 2022 ) |
= | (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.
Tech And Energy Transition (NAS:TETCU) 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
Tech And Energy Transition had a gross margin of N/A% for the quarter that ended in Dec. 2022 => No sustainable competitive advantage
Thank you for viewing the detailed overview of Tech And Energy Transition's Gross Profit provided by GuruFocus.com. Please click on the following links to see related term pages.
Daniel Hesse | director | |
Diarmuid B. Oconnell | director | 47 MUSTANG CIRCLE, SNOWMASS VILLAGE CO 81615 |
John Spirtos | officer: CEO and President | 46000 CENTER OAK PLAZA, STERLING VA 20166 |
Macquarie Group Ltd | 10 percent owner | 50 MARTIN PLACE, SYDNEY, NSW 2000 C3 2000 |
Mihi Llc | 10 percent owner | 125 WEST 55TH STREET, NEW YORK NY 10019 |
Virginia G Breen | director | C/O CMGI. INC., 1100 WINTER STREET, WALTHAM MA 02451 |
James P Avery | director | |
Lawrence R Handen | director | UBS CAPITAL, 48 SIGNAL ROAD, STAMFORD CT 06902-7916 |
Tech & Energy Transition Sponsor Llc | 10 percent owner | 125 W 55TH STREET, NEW YORK NY 10019 |
Gautham Srinivas | officer: CLC & Company Secretary | C/O TECH & ENERGY TRANSITION CORP, 125 W 55TH STREET, NEW YORK NY 10019 |
Stephen Feilhauer | officer: Chief Financial Officer | C/O TECH & ENERGY TRANSITION CORP, 125 W 55TH STREET, NEW YORK NY 10019 |
David Roseman | director | C/O TECH & ENERGY TRANSITION CORP, 125 W 55TH STREET, NEW YORK NY 10019 |
Greg Callman | officer: Energy Chief Invest Officer | C/O TECH & ENERGY TRANSITION CORP, 125 W 55TH STREET, NEW YORK NY 10019 |
Gregory Gilmore | director | C/O TECH & ENERGY TRANSITION CORP, 125 W 55TH STREET, NEW YORK NY 10019 |
From GuruFocus
By Business Wire Business Wire • 05-06-2021
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