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Genesis Electronics Group (Genesis Electronics Group) Gross Profit : $0.00 Mil (TTM As of Jun. 2023)


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What is Genesis Electronics Group Gross Profit?

Genesis Electronics Group's gross profit for the six months ended in Jun. 2023 was $0.00 Mil. Genesis Electronics Group'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. Genesis Electronics Group's gross profit for the six months ended in Jun. 2023 was $0.00 Mil. Genesis Electronics Group's Revenue for the six months ended in Jun. 2023 was $0.00 Mil. Therefore, Genesis Electronics Group's Gross Margin % for the quarter that ended in Jun. 2023 was N/A%.

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

During the past 7 years, the highest Gross Margin % of Genesis Electronics Group was 70.89%. The lowest was 42.86%. And the median was 56.88%.


Genesis Electronics Group Gross Profit Historical Data

The historical data trend for Genesis Electronics Group'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.

Genesis Electronics Group Gross Profit Chart

Genesis Electronics Group Annual Data
Trend Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10
Gross Profit
Get a 7-Day Free Trial 0.14 0.18 0.11 0.06 0.01

Genesis Electronics Group Semi-Annual Data
Jun04 Dec04 Jun05 Dec05 Jun06 Dec06 Jun07 Dec07 Jun08 Dec08 Jun09 Dec09 Jun10 Dec10 Jun11 Jun22 Jun23
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 0.01 - -0.01 - -

Competitive Comparison of Genesis Electronics Group's Gross Profit

For the Auto Manufacturers subindustry, Genesis Electronics Group'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.


Genesis Electronics Group's Gross Profit Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Genesis Electronics Group's Gross Profit distribution charts can be found below:

* The bar in red indicates where Genesis Electronics Group's Gross Profit falls into.



Genesis Electronics Group Gross Profit Calculation

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

Genesis Electronics Group's Gross Profit for the fiscal year that ended in Dec. 2010 is calculated as

Gross Profit (A: Dec. 2010 )=Revenue - Cost of Goods Sold
=0.028 - 0.016
=0.01

Genesis Electronics Group'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 semi-annually 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.)

Genesis Electronics Group'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.


Genesis Electronics Group  (OTCPK:GEGI) 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

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


Genesis Electronics Group Gross Profit Related Terms

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Genesis Electronics Group (Genesis Electronics Group) Business Description

Traded in Other Exchanges
N/A
Address
26 S Rio Grande St No.2072, Salt lake, UT, USA, 84101
Genesis Electronics Group Inc, through Its wholly-owned subsidiary Glid, is building the first of Its kind autonomous road-to-rail shipping vehicles called Gliders. Gliders will enable fully-loaded semi-trailers access to rails where traditionally it didn't make sense. Genesis Electronics Group plans on owning and operating each Glider in its fleet and providing a "Glider-as-a-Service" business model.
Executives
Raymond F Purdon director 48 BROAD STREET #321, RED BANK NJ 07701
Joe J Puentes director, 10 percent owner, officer: president 3900 HOLLYWOOD BLVD #203, HOLLYWOOD FL 33021
Edward C Dillon director, 10 percent owner, officer: CEO 3900 HOLLYWOOD BLVD #203, HOLLYWOOD FL 33021
Nelson Stark director 3900 HOLLYWOOD BLVD. #203, HOLLYWOOD FL 33021
Bernard Gutman director 1950 S. OCEAN DR. 21 G, HALLANDALE BEACH FL 33009
Howard M Neu director 1152 N. UNIVERSITY DR. SUITE 201, PEMBROKE PINES FL 33024
Robert Petrocelli director 1920 EAST HALLANDALE BEACH BLVD., SUITE 100, HALLANDALE FL 33009

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