GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Planet X II Capital Corp (TSXV:PLXX.P) » Definitions » Gross Profit

Planet X II Capital (TSXV:PLXX.P) Gross Profit : C$0.00 Mil (TTM As of Mar. 2024)


View and export this data going back to 2022. Start your Free Trial

What is Planet X II Capital Gross Profit?

Planet X II Capital's gross profit for the three months ended in Mar. 2024 was C$0.00 Mil. Planet X II Capital's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was C$0.00 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Planet X II Capital's gross profit for the three months ended in Mar. 2024 was C$0.00 Mil. Planet X II Capital's Revenue for the three months ended in Mar. 2024 was C$0.00 Mil. Therefore, Planet X II Capital's Gross Margin % for the quarter that ended in Mar. 2024 was N/A%.

Planet X II Capital had a gross margin of N/A% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage


Planet X II Capital Gross Profit Historical Data

The historical data trend for Planet X II Capital'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.

Planet X II Capital Gross Profit Chart

Planet X II Capital Annual Data
Trend Jun21 Jun22 Jun23
Gross Profit
- - -

Planet X II Capital Quarterly Data
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 - - - - -

Competitive Comparison of Planet X II Capital's Gross Profit

For the Shell Companies subindustry, Planet X II Capital'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.


Planet X II Capital's Gross Profit Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Planet X II Capital's Gross Profit distribution charts can be found below:

* The bar in red indicates where Planet X II Capital's Gross Profit falls into.



Planet X II Capital Gross Profit Calculation

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

Planet X II Capital'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 - 0
=0.00

Planet X II Capital'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 - 0
=0.00

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 C$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.)

Planet X II Capital'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
=0.00 / 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.


Planet X II Capital  (TSXV:PLXX.P) 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

Planet X II Capital had a gross margin of N/A% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage


Planet X II Capital Gross Profit Related Terms

Thank you for viewing the detailed overview of Planet X II Capital's Gross Profit provided by GuruFocus.com. Please click on the following links to see related term pages.


Planet X II Capital (TSXV:PLXX.P) Business Description

Traded in Other Exchanges
N/A
Address
1600 609 Granville Street, Vancouver, BC, CAN, V7Y 1C3
Website
Planet X II Capital Corp is a capital pool company.

Planet X II Capital (TSXV:PLXX.P) Headlines

No Headlines