Zanite Acquisition (Zanite Acquisition) Gross Profit : $0.00 Mil (TTM As of Mar. 2022)

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What is Zanite Acquisition Gross Profit?

Zanite Acquisition's gross profit for the three months ended in Mar. 2022 was $0.00 Mil. Zanite Acquisition's gross profit for the trailing twelve months (TTM) ended in Mar. 2022 was $0.00 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Zanite Acquisition's gross profit for the three months ended in Mar. 2022 was $0.00 Mil. Zanite Acquisition's Revenue for the three months ended in Mar. 2022 was $0.00 Mil. Therefore, Zanite Acquisition's Gross Margin % for the quarter that ended in Mar. 2022 was N/A%.

Zanite Acquisition had a gross margin of N/A% for the quarter that ended in Mar. 2022 => No sustainable competitive advantage

Zanite Acquisition Gross Profit Historical Data

The historical data trend for Zanite 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.

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Zanite Acquisition Gross Profit Chart

Zanite Acquisition Annual Data

Trend

Dec20

Dec21

Gross Profit

Zanite Acquisition Quarterly Data
	Aug20	Mar21	Jun21	Sep21	Dec21	Mar22
Gross Profit	Get a 7-Day Free Trial			-	-	-	-	-

Competitive Comparison of Zanite Acquisition's Gross Profit

For the Shell Companies subindustry, Zanite 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.

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

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

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

Zanite Acquisition Gross Profit Calculation

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

Zanite Acquisition's Gross Profit for the fiscal year that ended in Dec. 2021 is calculated as

Gross Profit (A: Dec. 2021 )	=	Revenue	-	Cost of Goods Sold
	=	0	-	0
	=	0.00

Zanite Acquisition's Gross Profit for the quarter that ended in Mar. 2022 is calculated as

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

Gross Profit for the trailing twelve months (TTM) ended in Mar. 2022 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.)

Zanite Acquisition's Gross Margin % for the quarter that ended in Mar. 2022 is calculated as

Gross Margin % (Q: Mar. 2022 )	=	Gross Profit (Q: Mar. 2022 )	/	Revenue (Q: Mar. 2022 )
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	0.00	/	0
	=	N/A %

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.

Zanite Acquisition (NAS:ZNTEW) 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

Zanite Acquisition had a gross margin of N/A% for the quarter that ended in Mar. 2022 => No sustainable competitive advantage

Zanite Acquisition Gross Profit Related Terms

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