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VEII (Value Exchange International) Gross Profit : $2.06 Mil (TTM As of Sep. 2024)


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What is Value Exchange International Gross Profit?

Value Exchange International's gross profit for the three months ended in Sep. 2024 was $0.59 Mil. Value Exchange International's gross profit for the trailing twelve months (TTM) ended in Sep. 2024 was $2.06 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Value Exchange International's gross profit for the three months ended in Sep. 2024 was $0.59 Mil. Value Exchange International's Revenue for the three months ended in Sep. 2024 was $4.39 Mil. Therefore, Value Exchange International's Gross Margin % for the quarter that ended in Sep. 2024 was 13.49%.

Value Exchange International had a gross margin of 13.49% for the quarter that ended in Sep. 2024 => No sustainable competitive advantage

During the past 13 years, the highest Gross Margin % of Value Exchange International was 36.15%. The lowest was 9.84%. And the median was 19.59%.

Warning Sign:

Value Exchange International Inc gross margin has been in long-term decline. The average rate of decline per year is -8.1%.


Value Exchange International Gross Profit Historical Data

The historical data trend for Value Exchange International'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.

Value Exchange International Gross Profit Chart

Value Exchange International Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.77 2.05 2.68 1.70 1.18

Value Exchange International Quarterly Data
Dec19 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 Premium Member Only 0.64 -0.32 1.14 0.64 0.59

Competitive Comparison of Value Exchange International's Gross Profit

For the Information Technology Services subindustry, Value Exchange International'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.


Value Exchange International's Gross Profit Distribution in the Software Industry

For the Software industry and Technology sector, Value Exchange International's Gross Profit distribution charts can be found below:

* The bar in red indicates where Value Exchange International's Gross Profit falls into.


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Value Exchange International Gross Profit Calculation

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

Value Exchange International'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
=12.03 - 10.846
=1.18

Value Exchange International's Gross Profit for the quarter that ended in Sep. 2024 is calculated as

Gross Profit (Q: Sep. 2024 )=Revenue - Cost of Goods Sold
=4.387 - 3.795
=0.59

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 $2.06 Mil.

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

Value Exchange International'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
=0.59 / 4.387
=13.49 %

* 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.


Value Exchange International  (OTCPK:VEII) 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

Value Exchange International had a gross margin of 13.49% for the quarter that ended in Sep. 2024 => No sustainable competitive advantage


Value Exchange International Gross Profit Related Terms

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Value Exchange International Business Description

Traded in Other Exchanges
N/A
Address
18 Sheung Yuet Road, 10th Floor, FT Life Tower, Kowloon Bay, Kowloon, Hong Kong, HKG, 999077
Value Exchange International Inc is a United States-based software company. Its business activities include providing credit and debit card processing services to multinational retailers in Asia and engaging in the systems development and information technology business. It offers Point of Sale equipment, Payment devices, Offer management and CRM related software solutions, and Software support services for the retail industry in China, Hong Kong, and Manila, Philippines.
Executives
Chan Heng Fai Ambrose 10 percent owner 2601 INSLAND PLACE TOWER, 510 KINGS RD N POINT, HONG KONG K3 999999999
Robert H Trapp director C/O EVISION INTERNATIONAL INC., 1888 SHERMAN ST. #500, DENVER CO 80203
Tat Keung Wong director 4800 MONTGOMERY LANE SUITE 210, BETHESDA MD 20814
Shui Yeung Wong director 4800 MONTGOMERY LANE, SUITE 210, BETHESDA MD 20814
Chun Wing Yeung director 7/F DARTON TOWER, 142 WAI YIP ST, KWUN TONG, KOWLOON K3 00000
Seng Wee Tan director 7/F DARTON TOWER, 142 WAI YIP ST, KWUN TONG, KOWLOON K3 00000
Tsang Po Yee Bella director 7/F DARTON TOWER, 142 WAI YIP ST, KWUN TONG, KOWLOON K3 00000
Kan Fai Lum director 10/F., SKYWAY CENTER, 23, QUEEN'S ROAD WEST, HONG KONG K3 00000
Gigworld Inc. 10 percent owner 4800 MONTGOMERY LANE, SUITE 210, BETHESDA MD 20814
Yuen Fong Lee director 602, 6/F, BLOCK B, SHATIN INDUSTRIAL, CENTRE, 5-7 YUEN SHUN CIRCUIT, SHATIN, NEW TERRITORIES K3 00000
Johan Pehrson director C/O JOHAN PEHRSON, HALMSTAD V7 30259
Matthew R Mecke director, officer: President, CEO, CFO 6501 RED HOOK PLZA, STE 201-553, ST THOMAS VI 00802
Anthony Robinson director UNIT T25, GF BANGKOK BANK BUILDING, 18 BONHAM STRAND WEST, SHEUNG WAN K3 00000
Paul F. Manning director, officer: Secretary / Treasurer UNIT T25, GF BANGKOK BANK BUILDING, 18 BONHAM STRAND WEST, SHEUNG WAN K3 00000