ULSP (Ultimate Sports Entertainment) Gross Profit: $0.13 Mil (TTM As of Oct. 2002)

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What is Ultimate Sports Entertainment Gross Profit?

Ultimate Sports Entertainment ULSP Gross Profit is $0.13 Mil as of Oct. 2002.

Ultimate Sports Entertainment's gross profit for the three months ended in Oct. 2002 was $0.21 Mil. Ultimate Sports Entertainment's gross profit for the trailing twelve months (TTM) ended in Oct. 2002 was $0.13 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Ultimate Sports Entertainment's gross profit for the three months ended in Oct. 2002 was $0.21 Mil. Ultimate Sports Entertainment's Revenue for the three months ended in Oct. 2002 was $0.39 Mil. Therefore, Ultimate Sports Entertainment's Gross Margin % for the quarter that ended in Oct. 2002 was 54.48%.

Ultimate Sports Entertainment had a gross margin of 54.48% for the quarter that ended in Oct. 2002 => Durable competitive advantage

Ultimate Sports Entertainment  (OTCPK:ULSP) 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

Ultimate Sports Entertainment had a gross margin of 54.48% for the quarter that ended in Oct. 2002 => Durable competitive advantage

Ultimate Sports Entertainment Gross Profit Related Terms

Ultimate Sports Entertainment Gross Profit Historical Data

* Premium members only.

The historical data trend for Ultimate Sports Entertainment'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.

Ultimate Sports Entertainment Gross Profit Chart

Ultimate Sports Entertainment Annual Data
Trend Jan00 Jan01 Jan02
Gross Profit
-0.26 -0.02 -0.00

Ultimate Sports Entertainment Quarterly Data
Jan00 Oct00 Jan01 Apr01 Jul01 Oct01 Jan02 Apr02 Jul02 Oct02
Gross Profit Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.16 -0.18 0.03 0.07 0.21

ULSP vs GPIW, FRLF, LMDCF: Gross Profit Comparison

For the Publishing subindustry, Ultimate Sports Entertainment'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.

Ultimate Sports Entertainment Gross Profit vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Ultimate Sports Entertainment's Gross Profit distribution charts can be found below:

* The bar in red indicates where Ultimate Sports Entertainment's Gross Profit falls into.


Ultimate Sports Entertainment Gross Profit Calculation

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

Ultimate Sports Entertainment's Gross Profit for the fiscal year that ended in Jan. 2002 is calculated as

Gross Profit (A: Jan. 2002 )=Revenue - Cost of Goods Sold
=0.383 - 0.387
=-0.00

Ultimate Sports Entertainment's Gross Profit for the quarter that ended in Oct. 2002 is calculated as

Gross Profit (Q: Oct. 2002 )=Revenue - Cost of Goods Sold
=0.391 - 0.178
=0.21

Gross Profit for the trailing twelve months (TTM) ended in Oct. 2002 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.13 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

Ultimate Sports Entertainment's Gross Margin % for the quarter that ended in Oct. 2002 is calculated as

Gross Margin % (Q: Oct. 2002 )=Gross Profit (Q: Oct. 2002 ) / Revenue (Q: Oct. 2002 )
=(Revenue - Cost of Goods Sold) / Revenue
=0.21 / 0.391
=54.48 %

* 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.

Frequently Asked Questions Learn more about Gross Profit →
What does a Gross Profit of $0.13 Mil mean?
Ultimate Sports Entertainment (ULSP) has a Gross Profit of $0.13 Mil as of Oct. 2002. Gross Profit equals net sales less total cost of goods sold. View historical data on Ultimate Sports Entertainment and its competitors.
Is Ultimate Sports Entertainment's Gross Profit too high?
Ultimate Sports Entertainment's current Gross Profit is $0.13 Mil.
How does Ultimate Sports Entertainment's Gross Profit compare to GPIW and FRLF?
Ultimate Sports Entertainment's Gross Profit of $0.13 Mil can be compared against companies in the Media - Diversified industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Profit for a Media - Diversified company?
A good Gross Profit depends on the Media - Diversified industry context. However, Gross Profit should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Profit mean?
A high Gross Profit can signal that a stock is expensive relative to its fundamentals. Gross Profit equals net sales less total cost of goods sold. View historical data on Ultimate Sports Entertainment and its competitors. Ultimate Sports Entertainment's current Gross Profit is $0.13 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ultimate Sports Entertainment stock overvalued right now?
Ultimate Sports Entertainment (ULSP) has a current Gross Profit of $0.13 Mil. The current Gross Profit is $0.13 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Profit calculated?
Gross Profit is calculated from a company's financial statements. For Ultimate Sports Entertainment (ULSP), the current Gross Profit is $0.13 Mil as of Oct. 2002. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Ultimate Sports Entertainment Business Description