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Nextgen Digital Platforms (XCNQ:NXT) Gross Profit : C$-0.00 Mil (TTM As of Mar. 2024)


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What is Nextgen Digital Platforms Gross Profit?

Nextgen Digital Platforms's gross profit for the six months ended in Mar. 2024 was C$-0.00 Mil. Nextgen Digital Platforms's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was C$-0.00 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Nextgen Digital Platforms's gross profit for the six months ended in Mar. 2024 was C$-0.00 Mil. Nextgen Digital Platforms's Revenue for the six months ended in Mar. 2024 was C$0.00 Mil. Therefore, Nextgen Digital Platforms's Gross Margin % for the quarter that ended in Mar. 2024 was -100.00%.

Nextgen Digital Platforms had a gross margin of -100.00% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage

During the past 3 years, the highest Gross Margin % of Nextgen Digital Platforms was 11.11%. The lowest was -100.00%. And the median was -44.45%.


Nextgen Digital Platforms Gross Profit Historical Data

The historical data trend for Nextgen Digital Platforms'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.

Nextgen Digital Platforms Gross Profit Chart

Nextgen Digital Platforms Annual Data
Trend Mar22 Mar23 Mar24
Gross Profit
- - -

Nextgen Digital Platforms Semi-Annual Data
Mar22 Mar23 Mar24
Gross Profit - - -

Competitive Comparison of Nextgen Digital Platforms's Gross Profit

For the Software - Infrastructure subindustry, Nextgen Digital Platforms'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.


Nextgen Digital Platforms's Gross Profit Distribution in the Software Industry

For the Software industry and Technology sector, Nextgen Digital Platforms's Gross Profit distribution charts can be found below:

* The bar in red indicates where Nextgen Digital Platforms's Gross Profit falls into.



Nextgen Digital Platforms Gross Profit Calculation

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

Nextgen Digital Platforms's Gross Profit for the fiscal year that ended in Mar. 2024 is calculated as

Gross Profit (A: Mar. 2024 )=Revenue - Cost of Goods Sold
=0.001 - 0.002
=-0.00

Nextgen Digital Platforms's Gross Profit for the quarter that ended in Mar. 2024 is calculated as

Gross Profit (Q: Mar. 2024 )=Revenue - Cost of Goods Sold
=0.001 - 0.002
=-0.00

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Gross Profit for the trailing twelve months (TTM) ended in Mar. 2024 was C$-0.00 Mil.

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

Nextgen Digital Platforms'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 / 0.001
=-100.00 %

* 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.


Nextgen Digital Platforms  (XCNQ:NXT) 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

Nextgen Digital Platforms had a gross margin of -100.00% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage


Nextgen Digital Platforms Gross Profit Related Terms

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Nextgen Digital Platforms Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
70 Trius Drive, Second Floor, Fredericton, NB, CAN, E3B 5E3
Nextgen Digital Platforms Inc develops and acquires revenue-generating micro-technology digital platforms. It is developing a line of business referred to as Cloud AI Hosting ("Cloud AI Hosting"), a hardware-as-a-service business whereby the computing power of NextGen's specialized hardware workstations are leased to third-party end users for artificial intelligence applications, via a cloud-based portal.
Executives
Robert Dawson Harrison Senior Officer
Steven Sirbovan Director