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Orthogonal Global Group (XCNQ:OGG) Gross Profit : C$0.05 Mil (TTM As of Dec. 2023)


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What is Orthogonal Global Group Gross Profit?

Orthogonal Global Group's gross profit for the three months ended in Dec. 2023 was C$0.01 Mil. Orthogonal Global Group's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was C$0.05 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Orthogonal Global Group's gross profit for the three months ended in Dec. 2023 was C$0.01 Mil. Orthogonal Global Group's Revenue for the three months ended in Dec. 2023 was C$0.02 Mil. Therefore, Orthogonal Global Group's Gross Margin % for the quarter that ended in Dec. 2023 was 26.32%.

Orthogonal Global Group had a gross margin of 26.32% for the quarter that ended in Dec. 2023 => Competition eroding margins

During the past 5 years, the highest Gross Margin % of Orthogonal Global Group was 66.67%. The lowest was 12.50%. And the median was 12.50%.


Orthogonal Global Group Gross Profit Historical Data

The historical data trend for Orthogonal Global 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.

* Premium members only.

Orthogonal Global Group Gross Profit Chart

Orthogonal Global Group Annual Data
Trend Jun19 Jun20 Jun21 Jun22 Jun23
Gross Profit
- - - - 0.01

Orthogonal Global Group Quarterly Data
Jun19 Jun20 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Gross Profit Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - 0.05 - 0.01

Competitive Comparison of Orthogonal Global Group's Gross Profit

For the Asset Management subindustry, Orthogonal Global 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.


Orthogonal Global Group's Gross Profit Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Orthogonal Global Group's Gross Profit distribution charts can be found below:

* The bar in red indicates where Orthogonal Global Group's Gross Profit falls into.



Orthogonal Global Group Gross Profit Calculation

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

Orthogonal Global Group's Gross Profit for the fiscal year that ended in Jun. 2023 is calculated as

Gross Profit (A: Jun. 2023 )=Revenue - Cost of Goods Sold
=0.048 - 0.042
=0.01

Orthogonal Global Group's Gross Profit for the quarter that ended in Dec. 2023 is calculated as

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=0.019 - 0.014
=0.01

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was C$0.05 Mil.

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

Orthogonal Global Group's Gross Margin % for the quarter that ended in Dec. 2023 is calculated as

Gross Margin % (Q: Dec. 2023 )=Gross Profit (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=(Revenue - Cost of Goods Sold) / Revenue
=0.01 / 0.019
=26.32 %

* 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.


Orthogonal Global Group  (XCNQ:OGG) 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

Orthogonal Global Group had a gross margin of 26.32% for the quarter that ended in Dec. 2023 => Competition eroding margins


Orthogonal Global Group Gross Profit Related Terms

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Orthogonal Global Group (XCNQ:OGG) Business Description

Traded in Other Exchanges
Address
22 Leader Lane, Suite 409, Toronto, ON, CAN, M5E 0B2
Orthogonal Global Group Inc is a diversified investment company focused on identifying, incubating, accelerating, and developing world-class projects and applications for the decentralized web. Focused on supporting founders and entrepreneurs, Orthogonal Global core investment pillars are blockchain-based transparency, secured identity, verified communications, and gamification, focusing on early-stage, small and medium enterprises in the burgeoning Web three sector.

Orthogonal Global Group (XCNQ:OGG) Headlines

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