Go Innovate Asia Bhd (XKLS:03028) Gross Profit: RM51 Mil (TTM As of Jun. 2025)

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What is Go Innovate Asia Bhd Gross Profit?

Go Innovate Asia Bhd XKLS:03028 Gross Profit is RM51 Mil as of Jun. 2025. The stock has 3 warning signs investors should review.

Go Innovate Asia Bhd's gross profit for the six months ended in Jun. 2025 was RM40 Mil. Go Innovate Asia Bhd's gross profit for the trailing twelve months (TTM) ended in Jun. 2025 was RM51 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Go Innovate Asia Bhd's gross profit for the six months ended in Jun. 2025 was RM40 Mil. Go Innovate Asia Bhd's Revenue for the six months ended in Jun. 2025 was RM2,001 Mil. Therefore, Go Innovate Asia Bhd's Gross Margin % for the quarter that ended in Jun. 2025 was 2.01%.

Go Innovate Asia Bhd had a gross margin of 2.01% for the quarter that ended in Jun. 2025 => No sustainable competitive advantage

During the past 8 years, the highest Gross Margin % of Go Innovate Asia Bhd was 2.00%. The lowest was 0.58%. And the median was 1.08%.


Go Innovate Asia Bhd  (XKLS:03028) 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

Go Innovate Asia Bhd had a gross margin of 2.01% for the quarter that ended in Jun. 2025 => No sustainable competitive advantage


Go Innovate Asia Bhd Gross Profit Related Terms


Go Innovate Asia Bhd Gross Profit Historical Data

* Premium members only.

The historical data trend for Go Innovate Asia Bhd'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.

Go Innovate Asia Bhd Gross Profit Chart

Go Innovate Asia Bhd Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Gross Profit
Get a 7-Day Free Trial 14.29 9.27 8.17 11.56 23.07

Go Innovate Asia Bhd Semi-Annual Data
Dec17 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25
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 5.19 6.37 12.21 10.86 40.27

XKLS:03028 vs MS, GS, SCHW: Gross Profit Comparison

For the Capital Markets subindustry, Go Innovate Asia Bhd'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.


Go Innovate Asia Bhd Gross Profit vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Go Innovate Asia Bhd's Gross Profit distribution charts can be found below:

* The bar in red indicates where Go Innovate Asia Bhd's Gross Profit falls into.



Go Innovate Asia Bhd Gross Profit Calculation

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

Go Innovate Asia Bhd's Gross Profit for the fiscal year that ended in Dec. 2024 is calculated as

Gross Profit (A: Dec. 2024 )=Revenue - Cost of Goods Sold
=1675.952 - 1652.886
=23

Go Innovate Asia Bhd's Gross Profit for the quarter that ended in Jun. 2025 is calculated as

Gross Profit (Q: Jun. 2025 )=Revenue - Cost of Goods Sold
=2001.367 - 1961.093
=40

Gross Profit for the trailing twelve months (TTM) ended in Jun. 2025 adds up the semi-annually data reported by the company within the most recent 12 months, which was RM51 Mil.

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

Go Innovate Asia Bhd's Gross Margin % for the quarter that ended in Jun. 2025 is calculated as

Gross Margin % (Q: Jun. 2025 )=Gross Profit (Q: Jun. 2025 ) / Revenue (Q: Jun. 2025 )
=(Revenue - Cost of Goods Sold) / Revenue
=40 / 2001.367
=2.01 %

* 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 RM51 Mil mean?
Go Innovate Asia Bhd (XKLS:03028) has a Gross Profit of RM51 Mil as of Jun. 2025. Gross Profit equals net sales less total cost of goods sold. View historical data on Go Innovate Asia Bhd and its competitors.
Is Go Innovate Asia Bhd's Gross Profit too high?
Go Innovate Asia Bhd's current Gross Profit is RM51 Mil.
How does Go Innovate Asia Bhd's Gross Profit compare to MS and GS?
Go Innovate Asia Bhd's Gross Profit of RM51 Mil can be compared against companies in the Capital Markets 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 Capital Markets company?
A good Gross Profit depends on the Capital Markets 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 Go Innovate Asia Bhd and its competitors. Go Innovate Asia Bhd's current Gross Profit is RM51 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Go Innovate Asia Bhd stock overvalued right now?
Go Innovate Asia Bhd (XKLS:03028) has a current Gross Profit of RM51 Mil. The stock's GF Value™ is RM0.38, compared to a current price of RM0.03 — trading 92.1% below its estimated fair value. The current Gross Profit is RM51 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 Go Innovate Asia Bhd (XKLS:03028), the current Gross Profit is RM51 Mil as of Jun. 2025. 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.

Go Innovate Asia Bhd Business Description

Address 3A-D, Jalan USJ10/1A, Subang Jaya, Kuala Lumpur, SGR, MYS, 47610
Go Innovate Asia Bhd is investment holding company. The principal activities of its subsidiaries include trading in precious metals, provide services relating to the online precious metals trading platform and such other business which are necessary for and/or incident to the aforesaid business, developing information technology (IT), dealing and trading in providing information, communication and technology (ICT) services and consultancy, deal, trade and provide software research and development businesses, technical testing and analysis, assaying and refining of precious metals, and promoting and marketing all kinds of gold products.