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FTAC Zeus Acquisition (FTAC Zeus Acquisition) Gross Profit : $0.00 Mil (TTM As of Jun. 2023)


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What is FTAC Zeus Acquisition Gross Profit?

FTAC Zeus Acquisition's gross profit for the three months ended in Jun. 2023 was $0.00 Mil. FTAC Zeus Acquisition's gross profit for the trailing twelve months (TTM) ended in Jun. 2023 was $0.00 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. FTAC Zeus Acquisition's gross profit for the three months ended in Jun. 2023 was $0.00 Mil. FTAC Zeus Acquisition's Revenue for the three months ended in Jun. 2023 was $0.00 Mil. Therefore, FTAC Zeus Acquisition's Gross Margin % for the quarter that ended in Jun. 2023 was N/A%.

FTAC Zeus Acquisition had a gross margin of N/A% for the quarter that ended in Jun. 2023 => No sustainable competitive advantage


FTAC Zeus Acquisition Gross Profit Historical Data

The historical data trend for FTAC Zeus Acquisition'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.

FTAC Zeus Acquisition Gross Profit Chart

FTAC Zeus Acquisition Annual Data
Trend Dec21 Dec22
Gross Profit
- -

FTAC Zeus Acquisition Quarterly Data
Feb21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
Gross Profit Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Competitive Comparison of FTAC Zeus Acquisition's Gross Profit

For the Shell Companies subindustry, FTAC Zeus Acquisition'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.


FTAC Zeus Acquisition's Gross Profit Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, FTAC Zeus Acquisition's Gross Profit distribution charts can be found below:

* The bar in red indicates where FTAC Zeus Acquisition's Gross Profit falls into.



FTAC Zeus Acquisition Gross Profit Calculation

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

FTAC Zeus Acquisition's Gross Profit for the fiscal year that ended in Dec. 2022 is calculated as

Gross Profit (A: Dec. 2022 )=Revenue - Cost of Goods Sold
=0 - 0
=0.00

FTAC Zeus Acquisition's Gross Profit for the quarter that ended in Jun. 2023 is calculated as

Gross Profit (Q: Jun. 2023 )=Revenue - Cost of Goods Sold
=0 - 0
=0.00

Gross Profit for the trailing twelve months (TTM) ended in Jun. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.00 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.)

FTAC Zeus Acquisition's Gross Margin % for the quarter that ended in Jun. 2023 is calculated as

Gross Margin % (Q: Jun. 2023 )=Gross Profit (Q: Jun. 2023 ) / Revenue (Q: Jun. 2023 )
=(Revenue - Cost of Goods Sold) / Revenue
=0.00 / 0
=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.


FTAC Zeus Acquisition  (NAS:ZING) 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

FTAC Zeus Acquisition had a gross margin of N/A% for the quarter that ended in Jun. 2023 => No sustainable competitive advantage


FTAC Zeus Acquisition Gross Profit Related Terms

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FTAC Zeus Acquisition (FTAC Zeus Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
2929 Arch Street, Suite 1703, Philadelphia, PA, USA, 19104
Website
FTAC Zeus Acquisition Corp is a blank check company.
Executives
Daniel G Cohen director, 10 percent owner 712 FIFTH AVENUE, 8TH FLOOR, NEW YORK NY 10019
Pooler Joseph W. Jr. officer: CFO and Secretary 2929 ARCH STREET, 17TH FLOOR, PHILADELPHIA PA 19104-2870
Ryan Mark Gilbert director, 10 percent owner, officer: President and CEO 2201 BROADWAY STE 705, OAKLAND CA 94612
Lynn Eisenhart director 2929 ARCH STREET STE 1703, PHILADELPHIA PA 19104
Ftac Zeus Sponsor Llc 10 percent owner 2929 ARCH STREET STE 1703, PHILADELPHIA PA 19104
Ftac Zeus Advisors Llc 10 percent owner 2929 ARCH STREET STE 1703, PHILADELPHIA PA 19104
Stephen E Lefkovits director 2929 ARCH STREET STE 1703, PHILADELPHIA PA 19104
Rochael S Adranly director 2929 ARCH STREET STE 1703, PHILADELPHIA PA 19104
Volker G Berl director 2929 ARCH STREET, SUITE 1703, PHILADELPHIA PA 19104