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Exeo Entertainment (Exeo Entertainment) Gross Margin % : 28.57% (As of Feb. 2022)


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What is Exeo Entertainment Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Exeo Entertainment's Gross Profit for the three months ended in Feb. 2022 was $0.00 Mil. Exeo Entertainment's Revenue for the three months ended in Feb. 2022 was $0.01 Mil. Therefore, Exeo Entertainment's Gross Margin % for the quarter that ended in Feb. 2022 was 28.57%.


The historical rank and industry rank for Exeo Entertainment's Gross Margin % or its related term are showing as below:


EXEO's Gross Margin % is not ranked *
in the Hardware industry.
Industry Median: 24.38
* Ranked among companies with meaningful Gross Margin % only.

Exeo Entertainment had a gross margin of 28.57% for the quarter that ended in Feb. 2022 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Exeo Entertainment was 0.00% per year.


Exeo Entertainment Gross Margin % Historical Data

The historical data trend for Exeo Entertainment's Gross Margin % 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.

Exeo Entertainment Gross Margin % Chart

Exeo Entertainment Annual Data
Trend Nov12 Nov13 Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 25.00 -60.00 -50.36 -856.00 7.14

Exeo Entertainment Quarterly Data
May17 Aug17 Nov17 Feb18 May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22
Gross Margin % 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 - 40.00 -50.00 - 28.57

Competitive Comparison of Exeo Entertainment's Gross Margin %

For the Consumer Electronics subindustry, Exeo Entertainment's Gross Margin %, along with its competitors' market caps and Gross Margin % 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.


Exeo Entertainment's Gross Margin % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Exeo Entertainment's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Exeo Entertainment's Gross Margin % falls into.



Exeo Entertainment Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Exeo Entertainment's Gross Margin for the fiscal year that ended in Nov. 2021 is calculated as

Gross Margin % (A: Nov. 2021 )=Gross Profit (A: Nov. 2021 ) / Revenue (A: Nov. 2021 )
=0 / 0.014
=(Revenue - Cost of Goods Sold) / Revenue
=(0.014 - 0.013) / 0.014
=7.14 %

Exeo Entertainment's Gross Margin for the quarter that ended in Feb. 2022 is calculated as


Gross Margin % (Q: Feb. 2022 )=Gross Profit (Q: Feb. 2022 ) / Revenue (Q: Feb. 2022 )
=0 / 0.007
=(Revenue - Cost of Goods Sold) / Revenue
=(0.007 - 0.005) / 0.007
=28.57 %

* 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.


Exeo Entertainment  (OTCPK:EXEO) Gross Margin % 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

Exeo Entertainment had a gross margin of 28.57% for the quarter that ended in Feb. 2022 => Competition eroding margins


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


Exeo Entertainment Gross Margin % Related Terms

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Exeo Entertainment (Exeo Entertainment) Business Description

Traded in Other Exchanges
N/A
Address
4478 Wagon Trail Avenue, Las Vegas, NV, USA, 89118
Exeo Entertainment Inc is a United States based company engaged in designing, developing, licensing, manufacturing, and marketing consumer electronics in the video gaming, music and smart television sector. The company is focused on the development of Psyko, which is a surround sound gaming headphone for consoles; Krankz MAXX Bluetooth wireless headphones; Zaaz Smart television keyboards; the Extreme Gamer; a multi-disc video game changer, and an Android-based portable gaming system.
Executives
Robert Scott Amaral director, 10 percent owner, officer: CEO 4478 WAGON TRAIL AVE, LAS VEGAS NV 89118
Jeffrey Alan Weiland director, 10 percent owner, officer: President 4478 WAGON TRAIL AVE, LAS VEGAS NV 89118

Exeo Entertainment (Exeo Entertainment) Headlines