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Global Technologies (Global Technologies) Gross Profit : $0.09 Mil (TTM As of Mar. 2024)


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What is Global Technologies Gross Profit?

Global Technologies's gross profit for the three months ended in Mar. 2024 was $0.09 Mil. Global Technologies's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was $0.09 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Global Technologies's gross profit for the three months ended in Mar. 2024 was $0.09 Mil. Global Technologies's Revenue for the three months ended in Mar. 2024 was $0.45 Mil. Therefore, Global Technologies's Gross Margin % for the quarter that ended in Mar. 2024 was 19.25%.

Global Technologies had a gross margin of 19.25% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage

During the past 12 years, the highest Gross Margin % of Global Technologies was 89.60%. The lowest was -108.11%. And the median was 36.03%.


Global Technologies Gross Profit Historical Data

The historical data trend for Global Technologies'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.

Global Technologies Gross Profit Chart

Global Technologies Annual Data
Trend Oct97 Oct98 Jun99 Jun00 Jun01 Jun19 Jun20 Jun21 Jun22 Jun23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 0.48 0.02 0.11 0.02

Global Technologies Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 - - - - 0.09

Competitive Comparison of Global Technologies's Gross Profit

For the Conglomerates subindustry, Global Technologies'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.


Global Technologies's Gross Profit Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Global Technologies's Gross Profit distribution charts can be found below:

* The bar in red indicates where Global Technologies's Gross Profit falls into.



Global Technologies Gross Profit Calculation

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

Global Technologies's Gross Profit for the fiscal year that ended in Jun. 2023 is calculated as

Gross Profit (A: Jun. 2023 )=Revenue - Cost of Goods Sold
=0.017 - 0
=0.02

Global Technologies's Gross Profit for the quarter that ended in Mar. 2024 is calculated as

Gross Profit (Q: Mar. 2024 )=Revenue - Cost of Goods Sold
=0.452 - 0.365
=0.09

Gross Profit for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.09 Mil.

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

Global Technologies's Gross Margin % for the quarter that ended in Mar. 2024 is calculated as

Gross Margin % (Q: Mar. 2024 )=Gross Profit (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=0.09 / 0.452
=19.25 %

* 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.


Global Technologies  (OTCPK:GTLL) 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

Global Technologies had a gross margin of 19.25% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage


Global Technologies Gross Profit Related Terms

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Global Technologies (Global Technologies) Business Description

Traded in Other Exchanges
N/A
Address
8 Campus Drive, Suite 105, Parsippany, NJ, USA, 07054
Global Technologies Ltd through its subsidiaries is engaged in the online sales of CBD and hemp related products, the acquisition of intellectual property in the safety and security space, and as a portal for entrepreneurs to provide immediate access to live shopping, e-commerce, and product placement in brick and mortar retail outlets.
Executives
Jimmy Wayne Anderson director, 10 percent owner, officer: President 501 1ST AVENUE NORTH, SUITE 901, ST. PETERSBURG FL 33701
Jaycee James 10 percent owner 9298 SVL BOX, VICTORVILLE CA 92395