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DMG Blockchain Solutions (TSXV:DMGI) Gross-Profit-to-Asset % : 33.37% (As of Mar. 2024)


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What is DMG Blockchain Solutions Gross-Profit-to-Asset %?

Gross-Profit-to-Asset % is calculated as Gross Profit divided by its average Total Assets over a certain period of time. DMG Blockchain Solutions's annualized Gross Profit for the quarter that ended in Mar. 2024 was C$34.93 Mil. DMG Blockchain Solutions's average Total Assets over the quarter that ended in Mar. 2024 was C$104.67 Mil. Therefore, DMG Blockchain Solutions's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 33.37%.


DMG Blockchain Solutions Gross-Profit-to-Asset % Historical Data

The historical data trend for DMG Blockchain Solutions's Gross-Profit-to-Asset % 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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DMG Blockchain Solutions Gross-Profit-to-Asset % Chart

DMG Blockchain Solutions Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Gross-Profit-to-Asset %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 36.15 31.64 12.94 40.34 31.13

DMG Blockchain Solutions Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Gross-Profit-to-Asset % 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 29.73 32.31 26.00 43.11 33.37

Competitive Comparison of DMG Blockchain Solutions's Gross-Profit-to-Asset %

For the Capital Markets subindustry, DMG Blockchain Solutions's Gross-Profit-to-Asset %, along with its competitors' market caps and Gross-Profit-to-Asset % 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.


DMG Blockchain Solutions's Gross-Profit-to-Asset % Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, DMG Blockchain Solutions's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where DMG Blockchain Solutions's Gross-Profit-to-Asset % falls into.



DMG Blockchain Solutions Gross-Profit-to-Asset % Calculation

DMG Blockchain Solutions's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Sep. 2023 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (A: Sep. 2023 )/( (Total Assets (A: Sep. 2022 )+Total Assets (A: Sep. 2023 ))/ count )
=27.941/( (96.902+82.587)/ 2 )
=27.941/89.7445
=31.13 %

DMG Blockchain Solutions's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (Q: Mar. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=34.928/( (90.977+118.359)/ 2 )
=34.928/104.668
=33.37 %

* 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.

In the calculation of annual Gross-Profit-to-Asset %, the Gross Profit of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Gross Profit data used here is four times the quarterly (Mar. 2024) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.


DMG Blockchain Solutions Gross-Profit-to-Asset % Related Terms

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DMG Blockchain Solutions (TSXV:DMGI) Business Description

Traded in Other Exchanges
Address
4193 104 Street, Delta, BC, CAN, V4K3N3
DMG Blockchain Solutions Inc is a full-service blockchain and cryptocurrency company. It manages, operates, and develops end-to-end digital solutions to monetize the blockchain ecosystem. It is also involved in server hosting and other similar service arrangements for the transaction verification services business and software solutions. The company engages in the research and development of technology solutions related to the transaction verification business. It derives revenue from Cryptocurrency mining, the Sale of mining equipment, and Set-up and hosting fees.
Executives
Adrian Glover Senior Officer

DMG Blockchain Solutions (TSXV:DMGI) Headlines

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