ZPAS (Zoompass Holdings) Gross Profit: $0.21 Mil (TTM As of Dec. 2020)


What is Zoompass Holdings Gross Profit?

Zoompass Holdings ZPAS Gross Profit is $0.21 Mil as of Dec. 2020.

Zoompass Holdings's gross profit for the three months ended in Dec. 2020 was $-0.15 Mil. Zoompass Holdings's gross profit for the trailing twelve months (TTM) ended in Dec. 2020 was $0.21 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Zoompass Holdings's gross profit for the three months ended in Dec. 2020 was $-0.15 Mil. Zoompass Holdings's Revenue for the three months ended in Dec. 2020 was $0.11 Mil. Therefore, Zoompass Holdings's Gross Margin % for the quarter that ended in Dec. 2020 was -133.33%.

Zoompass Holdings had a gross margin of -133.33% for the quarter that ended in Dec. 2020 => No sustainable competitive advantage


Zoompass Holdings  (OTCPK:ZPAS) 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

Zoompass Holdings had a gross margin of -133.33% for the quarter that ended in Dec. 2020 => No sustainable competitive advantage


Zoompass Holdings Gross Profit Related Terms


Zoompass Holdings Gross Profit Historical Data

* Premium members only.

The historical data trend for Zoompass Holdings'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.

Zoompass Holdings Gross Profit Chart

Zoompass Holdings Annual Data
Trend Mar15 Mar16 Dec17 Dec18 Dec19 Dec20
Gross Profit
Get a 7-Day Free Trial 0.00 0.13 0.00 0.00 0.21

Zoompass Holdings Quarterly Data
Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20
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 0.00 0.00 0.03 0.33 -0.15

ZPAS vs GVP, BSQR, FALC: Gross Profit Comparison

For the Software - Infrastructure subindustry, Zoompass Holdings'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.


Zoompass Holdings Gross Profit vs Software Industry

For the Software industry and Technology sector, Zoompass Holdings's Gross Profit distribution charts can be found below:

* The bar in red indicates where Zoompass Holdings's Gross Profit falls into.



Zoompass Holdings Gross Profit Calculation

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

Zoompass Holdings's Gross Profit for the fiscal year that ended in Dec. 2020 is calculated as

Gross Profit (A: Dec. 2020 )=Revenue - Cost of Goods Sold
=0.872 - 0.665
=0.21

Zoompass Holdings's Gross Profit for the quarter that ended in Dec. 2020 is calculated as

Gross Profit (Q: Dec. 2020 )=Revenue - Cost of Goods Sold
=0.114 - 0.266
=-0.15

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2020 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.21 Mil.

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

Zoompass Holdings's Gross Margin % for the quarter that ended in Dec. 2020 is calculated as

Gross Margin % (Q: Dec. 2020 )=Gross Profit (Q: Dec. 2020 ) / Revenue (Q: Dec. 2020 )
=(Revenue - Cost of Goods Sold) / Revenue
=-0.15 / 0.114
=-133.33 %

* 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 $0.21 Mil mean?
Zoompass Holdings (ZPAS) has a Gross Profit of $0.21 Mil as of Dec. 2020. Gross Profit equals net sales less total cost of goods sold. View historical data on Zoompass Holdings and its competitors.
Is Zoompass Holdings' Gross Profit too high?
Zoompass Holdings' current Gross Profit is $0.21 Mil.
How does Zoompass Holdings' Gross Profit compare to GVP and BSQR?
Zoompass Holdings' Gross Profit of $0.21 Mil can be compared against companies in the Software 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 Software company?
A good Gross Profit depends on the Software 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 Zoompass Holdings and its competitors. Zoompass Holdings's current Gross Profit is $0.21 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zoompass Holdings stock overvalued right now?
Zoompass Holdings (ZPAS) has a current Gross Profit of $0.21 Mil. The current Gross Profit is $0.21 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 Zoompass Holdings (ZPAS), the current Gross Profit is $0.21 Mil as of Dec. 2020. 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.

Zoompass Holdings Business Description

Address 2455 Cawthra Road, Suite 75, Mississauga, ON, CAN, L5A3P1
Zoompass Holdings Inc is a Fintech company that develops and acquires software platforms and services. The firm offers Prepaid cards, Mobility solutions, cryptocurrency platform operations, research, development, strategical planning solutions and others. The business operating segment includes the rendering of professional services. Main Business assets consist of technology IP related to cryptocurrency exchange/wallet, certain strategic partnerships and customer contracts. Substantial revenue accrues from time basis billing for IT professional services to customers.