Good Gaming (Good Gaming) Gross Margin % : 0.00% (As of Dec. 2023)

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What is Good Gaming Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Good Gaming's Gross Profit for the three months ended in Dec. 2023 was $-0.04 Mil. Good Gaming's Revenue for the three months ended in Dec. 2023 was $0.00 Mil. Therefore, Good Gaming's Gross Margin % for the quarter that ended in Dec. 2023 was 0.00%.

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

GMER' s Gross Margin % Range Over the Past 10 Years
Min: -9666.67 Med: -39.98 Max: 89.87
Current: -9666.67

During the past 13 years, the highest Gross Margin % of Good Gaming was 89.87%. The lowest was -9666.67%. And the median was -39.98%.

GMER's Gross Margin % is ranked worse than
100% of 771 companies
in the Travel & Leisure industry
Industry Median: 43.19 vs GMER: -9666.67

Good Gaming had a gross margin of % for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

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

Good Gaming Gross Margin % Historical Data

The historical data trend for Good Gaming'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.

Good Gaming Gross Margin % Chart

Good Gaming Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Gross Margin %

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52.00

38.46

89.87

-2,960.00

-9,666.67

Good Gaming Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Gross Margin %	Get a 7-Day Free Trial															-2,080.00	-4,166.67	-	-	-

Competitive Comparison of Good Gaming's Gross Margin %

For the Gambling subindustry, Good Gaming'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.

Good Gaming's Gross Margin % Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Good Gaming's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Good Gaming's Gross Margin % falls into.

Good Gaming Gross Margin % Calculation

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

Good Gaming's Gross Margin for the fiscal year that ended in Dec. 2023 is calculated as

Gross Margin % (A: Dec. 2023 )	=	Gross Profit (A: Dec. 2023 )	/	Revenue (A: Dec. 2023 )
	=	-0.3	/	0.003
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(0.003 - 0.293)	/	0.003
	=	-9,666.67 %

Good Gaming's Gross Margin for the quarter that ended in Dec. 2023 is calculated as

Gross Margin % (Q: Dec. 2023 )	=	Gross Profit (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	-0	/	0
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(0 - 0.044)	/	0
	=	%

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.

Good Gaming (OTCPK:GMER) 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

Good Gaming had a gross margin of % for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

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.

Good Gaming Gross Margin % Related Terms

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Good Gaming (Good Gaming) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Good Gaming Inc (OTCPK:GMER) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

415 McFarlan Road, Suite 108, Kennett Square, PA, USA, 19348

Website

https://www.good-gaming.com

Good Gaming Inc operates in the gaming industry across multiple segments. The company focuses on hosting multiple games online that subscribers can play for free or for fees depending on player level. It also offers social networking functionality, which helps gamers to interact, track each other and communicate.

Executives

Jordan Axt	director	2130 N. LINCOLN PARK WEST, CHICAGO IL 60614
Tassos D. Recachinas	director, 10 percent owner, officer: President	130 BROOKFIELD AVE., FAIRFIELD CT 06825
Hillwinds Ocean Energy, Llc	10 percent owner, other: Control Person (Entity)	501 KINGS HIGHWAY EAST, SUITE 108, FAIRFIELD CT 06825
Mark S Simon	director, officer: President/CEO/CFO	345 S END AVENUE #7P, NEW YORK NY 10280