WRIT (WRIT Media Group) Gross Profit: $-0.02 Mil (TTM As of Dec. 2017)

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What is WRIT Media Group Gross Profit?

WRIT Media Group WRIT -0.22% Gross Profit is $-0.02 Mil as of Dec. 2017.

WRIT Media Group's gross profit for the three months ended in Dec. 2017 was $0.25 Mil. WRIT Media Group's gross profit for the trailing twelve months (TTM) ended in Dec. 2017 was $-0.02 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. WRIT Media Group's gross profit for the three months ended in Dec. 2017 was $0.25 Mil. WRIT Media Group's Revenue for the three months ended in Dec. 2017 was $1.37 Mil. Therefore, WRIT Media Group's Gross Margin % for the quarter that ended in Dec. 2017 was 18.41%.

WRIT Media Group had a gross margin of 18.41% for the quarter that ended in Dec. 2017 => No sustainable competitive advantage


WRIT Media Group  (OTCPK:WRIT) 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

WRIT Media Group had a gross margin of 18.41% for the quarter that ended in Dec. 2017 => No sustainable competitive advantage


WRIT Media Group Gross Profit Related Terms


WRIT Media Group Gross Profit Historical Data

* Premium members only.

The historical data trend for WRIT Media Group'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.

WRIT Media Group Gross Profit Chart

WRIT Media Group Annual Data
Trend Mar08 Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.01 0.01 0.00 0.00 0.01

WRIT Media Group Quarterly Data
Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17
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 0.00 0.01 -0.11 -0.17 0.25

WRIT vs ASKH, AFOM, XSPT: Gross Profit Comparison

For the Entertainment subindustry, WRIT Media Group'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.


WRIT Media Group Gross Profit vs Media - Diversified Industry

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

* The bar in red indicates where WRIT Media Group's Gross Profit falls into.



WRIT Media Group Gross Profit Calculation

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

WRIT Media Group's Gross Profit for the fiscal year that ended in Mar. 2017 is calculated as

Gross Profit (A: Mar. 2017 )=Revenue - Cost of Goods Sold
=0.011 - 0
=0.01

WRIT Media Group's Gross Profit for the quarter that ended in Dec. 2017 is calculated as

Gross Profit (Q: Dec. 2017 )=Revenue - Cost of Goods Sold
=1.369 - 1.117
=0.25

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2017 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.02 Mil.

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

WRIT Media Group's Gross Margin % for the quarter that ended in Dec. 2017 is calculated as

Gross Margin % (Q: Dec. 2017 )=Gross Profit (Q: Dec. 2017 ) / Revenue (Q: Dec. 2017 )
=(Revenue - Cost of Goods Sold) / Revenue
=0.25 / 1.369
=18.41 %

* 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 $-0.02 Mil mean?
WRIT Media Group (WRIT) has a Gross Profit of $-0.02 Mil as of Dec. 2017. Gross Profit equals net sales less total cost of goods sold. View historical data on WRIT Media Group and its competitors.
Is WRIT Media Group's Gross Profit too high?
WRIT Media Group's current Gross Profit is $-0.02 Mil.
How does WRIT Media Group's Gross Profit compare to ASKH and AFOM?
WRIT Media Group's Gross Profit of $-0.02 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 WRIT Media Group and its competitors. WRIT Media Group's current Gross Profit is $-0.02 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is WRIT Media Group stock overvalued right now?
WRIT Media Group (WRIT) has a current Gross Profit of $-0.02 Mil. The current Gross Profit is $-0.02 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 WRIT Media Group (WRIT), the current Gross Profit is $-0.02 Mil as of Dec. 2017. 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.

WRIT Media Group Business Description

Address 1980 Festival Plaza Drive, Suite 300, Las Vegas, NV, USA, 89135
WRIT Media Group Inc is a part of the media industry. The company is mainly engaged in producing films, television programs, and similar entertainment programs for various media formats. It is a content creation company, that produces, acquires, licenses, and distributes music-related content in three-dimensional (3-D) for initial digital broadcast into digitally-enabled movie theatres. The company also licenses classic pre-Windows computer game libraries and adapts, and republishes titles for smartphones, game consoles, personal computers, tablets, and other television streaming devices.