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YYAI (Connexa Sports Technologies) Gross Profit : $5.11 Mil (TTM As of Jan. 2025)


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What is Connexa Sports Technologies Gross Profit?

Connexa Sports Technologies's gross profit for the three months ended in Jan. 2025 was $2.53 Mil. Connexa Sports Technologies's gross profit for the trailing twelve months (TTM) ended in Jan. 2025 was $5.11 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Connexa Sports Technologies's gross profit for the three months ended in Jan. 2025 was $2.53 Mil. Connexa Sports Technologies's Revenue for the three months ended in Jan. 2025 was $3.27 Mil. Therefore, Connexa Sports Technologies's Gross Margin % for the quarter that ended in Jan. 2025 was 77.24%.

Connexa Sports Technologies had a gross margin of 77.24% for the quarter that ended in Jan. 2025 => Durable competitive advantage

During the past 9 years, the highest Gross Margin % of Connexa Sports Technologies was 45.26%. The lowest was -99.85%. And the median was 28.00%.


Connexa Sports Technologies Gross Profit Historical Data

The historical data trend for Connexa Sports Technologies'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.

Connexa Sports Technologies Gross Profit Chart

Connexa Sports Technologies Annual Data
Trend Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24
Gross Profit
Get a 7-Day Free Trial Premium Member Only -0.69 3.12 4.23 2.78 3.39

Connexa Sports Technologies Quarterly Data
Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25
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 0.34 2.38 0.27 -0.07 2.53

Competitive Comparison of Connexa Sports Technologies's Gross Profit

For the Leisure subindustry, Connexa Sports Technologies'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.


Connexa Sports Technologies's Gross Profit Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Connexa Sports Technologies's Gross Profit distribution charts can be found below:

* The bar in red indicates where Connexa Sports Technologies's Gross Profit falls into.


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Connexa Sports Technologies Gross Profit Calculation

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

Connexa Sports Technologies's Gross Profit for the fiscal year that ended in Apr. 2024 is calculated as

Gross Profit (A: Apr. 2024 )=Revenue - Cost of Goods Sold
=8.398 - 5.004
=3.39

Connexa Sports Technologies's Gross Profit for the quarter that ended in Jan. 2025 is calculated as

Gross Profit (Q: Jan. 2025 )=Revenue - Cost of Goods Sold
=3.273 - 0.745
=2.53

Gross Profit for the trailing twelve months (TTM) ended in Jan. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was $5.11 Mil.

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

Connexa Sports Technologies's Gross Margin % for the quarter that ended in Jan. 2025 is calculated as

Gross Margin % (Q: Jan. 2025 )=Gross Profit (Q: Jan. 2025 ) / Revenue (Q: Jan. 2025 )
=(Revenue - Cost of Goods Sold) / Revenue
=2.53 / 3.273
=77.24 %

* 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.


Connexa Sports Technologies  (NAS:YYAI) 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

Connexa Sports Technologies had a gross margin of 77.24% for the quarter that ended in Jan. 2025 => Durable competitive advantage


Connexa Sports Technologies Gross Profit Related Terms

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Connexa Sports Technologies Business Description

Traded in Other Exchanges
N/A
Address
2709 North Rolling Road, Suite 138, Windsor Mill, MD, USA, 21244
Connexa Sports Technologies Inc operates in the sports equipment and technology business. It is a connected sports company delivering products, technologies, and services across the Watch, Play, Learn commercial and subscription-as-a-service activities in sports. The company's offerings include Slinger Launcher, which is comprised of a portable tennis ball launcher, a portable padel tennis ball launcher, and a portable pickleball launcher. Through Gameface, it provides AI technology and performance analytics.
Executives
Bitnile Holdings, Inc. 10 percent owner 11411 SOUTHERN HIGHLANDS PARKWAY, SUITE 240, LAS VEGAS NV 89141
Mark Frederick Radom officer: GENERAL COUNSEL 2709 NORTH ROLLING ROAD, SUITE 138, WINDSOR MILL, BALTIMORE MD 21244
Mike Ballardie director, officer: CEO and Director 2709 NORTH ROLLING ROAD,, SUITE 138, WINDSOR MILL,, BALTIMORE MD 21244
Jason Paul Seifert officer: CHIEF FINANCIAL OFFICER 2420 BRIXHAM AVENUE, ORLANDO FL 32828
Yonah Kalfa 10 percent owner 9 RABAN GAMLIEL, RAANANA L3 434024