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Infinite technology (Infinite technology) Gross Profit : $0.00 Mil (TTM As of . 20)


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What is Infinite technology Gross Profit?

Infinite technology's gross profit for the three months ended in . 20 was $0.00 Mil. Infinite technology's gross profit for the trailing twelve months (TTM) ended in . 20 was $0.00 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Infinite technology's gross profit for the three months ended in . 20 was $0.00 Mil. Infinite technology's Revenue for the three months ended in . 20 was $0.00 Mil. Therefore, Infinite technology's Gross Margin % for the quarter that ended in . 20 was N/A%.

Infinite technology had a gross margin of N/A% for the quarter that ended in . 20 => No sustainable competitive advantage


Infinite technology Gross Profit Historical Data

The historical data trend for Infinite technology'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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Infinite technology Gross Profit Chart

Infinite technology Annual Data
Trend
Gross Profit

Infinite technology Quarterly Data
Gross Profit

Competitive Comparison of Infinite technology's Gross Profit

For the Semiconductors subindustry, Infinite technology'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.


Infinite technology's Gross Profit Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Infinite technology's Gross Profit distribution charts can be found below:

* The bar in red indicates where Infinite technology's Gross Profit falls into.



Infinite technology Gross Profit Calculation

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

Infinite technology's Gross Profit for the fiscal year that ended in . 20 is calculated as

Gross Profit (A: . 20 )=Revenue - Cost of Goods Sold
= -
=0.00

Infinite technology's Gross Profit for the quarter that ended in . 20 is calculated as

Gross Profit (Q: . 20 )=Revenue - Cost of Goods Sold
= -
=0.00

Gross Profit for the trailing twelve months (TTM) ended in . 20 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.)

Infinite technology's Gross Margin % for the quarter that ended in . 20 is calculated as

Gross Margin % (Q: . 20 )=Gross Profit (Q: . 20 ) / Revenue (Q: . 20 )
=(Revenue - Cost of Goods Sold) / Revenue
=0.00 /
=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.


Infinite technology  (OTCPK:ITCJ) 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

Infinite technology had a gross margin of N/A% for the quarter that ended in . 20 => No sustainable competitive advantage


Infinite technology Gross Profit Related Terms

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Infinite technology (Infinite technology) Business Description

Traded in Other Exchanges
N/A
Address
1431 Greenway Drive, Suite 800, Irving, TX, USA, 75038
Website
Infinite technology Corp is fitness and nutrition based company in Texas. The Company manufactures products for the health and fitness industries.

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