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Arway (XCNQ:ARWY) Gross Profit : C$0.32 Mil (TTM As of Feb. 2024)


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What is Arway Gross Profit?

Arway's gross profit for the three months ended in Feb. 2024 was C$0.14 Mil. Arway's gross profit for the trailing twelve months (TTM) ended in Feb. 2024 was C$0.32 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Arway's gross profit for the three months ended in Feb. 2024 was C$0.14 Mil. Arway's Revenue for the three months ended in Feb. 2024 was C$0.14 Mil. Therefore, Arway's Gross Margin % for the quarter that ended in Feb. 2024 was N/A%.

Arway had a gross margin of N/A% for the quarter that ended in Feb. 2024 => No sustainable competitive advantage


Arway Gross Profit Historical Data

The historical data trend for Arway'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.

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Arway Gross Profit Chart

Arway Annual Data
Trend Aug22 Aug23
Gross Profit
- 0.06

Arway Quarterly Data
Nov22 Feb23 May23 Aug23 Nov23 Feb24
Gross Profit Get a 7-Day Free Trial 0.02 0.01 0.02 0.15 0.14

Competitive Comparison of Arway's Gross Profit

For the Software - Application subindustry, Arway'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.


Arway's Gross Profit Distribution in the Software Industry

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

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



Arway Gross Profit Calculation

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

Arway's Gross Profit for the fiscal year that ended in Aug. 2023 is calculated as

Gross Profit (A: Aug. 2023 )=Revenue - Cost of Goods Sold
=0.06 - 0
=0.06

Arway's Gross Profit for the quarter that ended in Feb. 2024 is calculated as

Gross Profit (Q: Feb. 2024 )=Revenue - Cost of Goods Sold
=0.142 - 0
=0.14

Gross Profit for the trailing twelve months (TTM) ended in Feb. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$0.32 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.)

Arway's Gross Margin % for the quarter that ended in Feb. 2024 is calculated as

Gross Margin % (Q: Feb. 2024 )=Gross Profit (Q: Feb. 2024 ) / Revenue (Q: Feb. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=0.14 / 0.142
=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.


Arway  (XCNQ:ARWY) 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

Arway had a gross margin of N/A% for the quarter that ended in Feb. 2024 => No sustainable competitive advantage


Arway Gross Profit Related Terms

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Arway (XCNQ:ARWY) Business Description

Traded in Other Exchanges
Address
Toronto Rpo Royal Bank Plaza, PO Box 64039, Toronto, ON, CAN, M5J 2T6
Arway Corp is s an AI-powered augmented reality experience platform for indoor spaces. The platform allows users to easily create experiences for navigation, tours, information sharing, notifications, advertising, and gamification. It creates immersive AR experiences using its web-based studio and brings them to life through smartphones.
Executives
Evan Gappelberg Director

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