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TripBorn (TripBorn) Gross Profit : $0.12 Mil (TTM As of Dec. 2020)


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What is TripBorn Gross Profit?

TripBorn's gross profit for the three months ended in Dec. 2020 was $0.04 Mil. TripBorn's gross profit for the trailing twelve months (TTM) ended in Dec. 2020 was $0.12 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. TripBorn's gross profit for the three months ended in Dec. 2020 was $0.04 Mil. TripBorn's Revenue for the three months ended in Dec. 2020 was $0.12 Mil. Therefore, TripBorn's Gross Margin % for the quarter that ended in Dec. 2020 was 30.43%.

TripBorn had a gross margin of 30.43% for the quarter that ended in Dec. 2020 => Competition eroding margins


TripBorn Gross Profit Historical Data

The historical data trend for TripBorn'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.

TripBorn Gross Profit Chart

TripBorn Annual Data
Trend Mar17 Mar18 Mar19 Mar20
Gross Profit
0.25 0.09 0.10 0.95

TripBorn Quarterly Data
Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20
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 0.45 0.03 0.01 0.04 0.04

Competitive Comparison of TripBorn's Gross Profit

For the Lodging subindustry, TripBorn'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.


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

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

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



TripBorn Gross Profit Calculation

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

TripBorn's Gross Profit for the fiscal year that ended in Mar. 2020 is calculated as

Gross Profit (A: Mar. 2020 )=Revenue - Cost of Goods Sold
=6.945 - 5.991
=0.95

TripBorn's Gross Profit for the quarter that ended in Dec. 2020 is calculated as

Gross Profit (Q: Dec. 2020 )=Revenue - Cost of Goods Sold
=0.115 - 0.08
=0.04

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2020 adds up the quarterly 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.

TripBorn's Gross Margin % for the quarter that ended in Dec. 2020 is calculated as

Gross Margin % (Q: Dec. 2020 )=Gross Profit (Q: Dec. 2020 ) / Revenue (Q: Dec. 2020 )
=(Revenue - Cost of Goods Sold) / Revenue
=0.04 / 0.115
=30.43 %

* 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.


TripBorn  (OTCPK:TRRB) 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

TripBorn had a gross margin of 30.43% for the quarter that ended in Dec. 2020 => Competition eroding margins


TripBorn Gross Profit Related Terms

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TripBorn (TripBorn) Business Description

Traded in Other Exchanges
N/A
Address
762 Perthshire Pl, Abingdon, MD, USA, 21009
TripBorn Inc is an online travel agency. The company offers travel reservations and related travel services to travel agents in India. The company operates as a B2B online travel agency that serves travel agents and travel companies based in India in booking travel services and products for their customers. Its segment includes eCommerce Aggregator and Hospitality. The company generates maximum revenue from Hospitality segment.
Executives
Maxim Partners Llc 10 percent owner C/O MAXIM GROUP LLC, 99 SUNNYSIDE BLVD., WOODBURY NY 11797
Mjr Holdings Llc 10 percent owner C/O MAXIM GROUP LLC, 99 SUNNYSIDE BLVD., WOODBURY NY 11797