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High Mountain 2 Capital (TSXV:HMCC.P) Gross Profit : C$0.00 Mil (TTM As of Sep. 2024)


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What is High Mountain 2 Capital Gross Profit?

High Mountain 2 Capital's gross profit for the three months ended in Sep. 2024 was C$0.00 Mil. High Mountain 2 Capital's gross profit for the trailing twelve months (TTM) ended in Sep. 2024 was C$0.00 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. High Mountain 2 Capital's gross profit for the three months ended in Sep. 2024 was C$0.00 Mil. High Mountain 2 Capital's Revenue for the three months ended in Sep. 2024 was C$0.00 Mil. Therefore, High Mountain 2 Capital's Gross Margin % for the quarter that ended in Sep. 2024 was N/A%.

High Mountain 2 Capital had a gross margin of N/A% for the quarter that ended in Sep. 2024 => No sustainable competitive advantage


High Mountain 2 Capital Gross Profit Historical Data

The historical data trend for High Mountain 2 Capital'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.

High Mountain 2 Capital Gross Profit Chart

High Mountain 2 Capital Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Gross Profit
- - - -

High Mountain 2 Capital Quarterly Data
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 - - - - -

Competitive Comparison of High Mountain 2 Capital's Gross Profit

For the Shell Companies subindustry, High Mountain 2 Capital'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.


High Mountain 2 Capital's Gross Profit Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, High Mountain 2 Capital's Gross Profit distribution charts can be found below:

* The bar in red indicates where High Mountain 2 Capital's Gross Profit falls into.


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High Mountain 2 Capital Gross Profit Calculation

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

High Mountain 2 Capital'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 - 0
=0.00

High Mountain 2 Capital'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 C$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.)

High Mountain 2 Capital'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.


High Mountain 2 Capital  (TSXV:HMCC.P) 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

High Mountain 2 Capital had a gross margin of N/A% for the quarter that ended in Sep. 2024 => No sustainable competitive advantage


High Mountain 2 Capital Gross Profit Related Terms

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High Mountain 2 Capital Business Description

Traded in Other Exchanges
N/A
Address
800, 333 - 7th Avenue SW, Calgary, AB, CAN, T2P 2Z1
Website
High Mountain 2 Capital Corp is a capital pool company.

High Mountain 2 Capital Headlines

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