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8i Acquisition 2 (8i Acquisition 2) Gross Margin % : 0.00% (As of Jul. 2022)


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What is 8i Acquisition 2 Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. 8i Acquisition 2's Gross Profit for the three months ended in Jul. 2022 was $0.00 Mil. 8i Acquisition 2's Revenue for the three months ended in Jul. 2022 was $0.00 Mil. Therefore, 8i Acquisition 2's Gross Margin % for the quarter that ended in Jul. 2022 was 0.00%. If there's no value for Cost of Goods Sold, then Gross Margin % is not calculated.


The historical rank and industry rank for 8i Acquisition 2's Gross Margin % or its related term are showing as below:


LAX's Gross Margin % is not ranked *
in the Diversified Financial Services industry.
Industry Median: 44.71
* Ranked among companies with meaningful Gross Margin % only.

8i Acquisition 2 had a gross margin of N/A% for the quarter that ended in Jul. 2022 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for 8i Acquisition 2 was 0.00% per year.


8i Acquisition 2 Gross Margin % Historical Data

The historical data trend for 8i Acquisition 2'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.

8i Acquisition 2 Gross Margin % Chart

8i Acquisition 2 Annual Data
Trend Jul21 Jul22
Gross Margin %
- -

8i Acquisition 2 Quarterly Data
Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22
Gross Margin % Get a 7-Day Free Trial - - - - -

Competitive Comparison of 8i Acquisition 2's Gross Margin %

For the Shell Companies subindustry, 8i Acquisition 2'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.


8i Acquisition 2's Gross Margin % Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, 8i Acquisition 2's Gross Margin % distribution charts can be found below:

* The bar in red indicates where 8i Acquisition 2's Gross Margin % falls into.



8i Acquisition 2 Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue. (Note that if there's no value for Cost of Goods Sold, then Gross Margin % is not calculated.)

8i Acquisition 2's Gross Margin for the fiscal year that ended in Jul. 2022 is calculated as

Gross Margin % (A: Jul. 2022 )=Gross Profit (A: Jul. 2022 ) / Revenue (A: Jul. 2022 )
=0 / 0
=(Revenue - Cost of Goods Sold) / Revenue
=(0 - 0) / 0
=N/A %

8i Acquisition 2's Gross Margin for the quarter that ended in Jul. 2022 is calculated as


Gross Margin % (Q: Jul. 2022 )=Gross Profit (Q: Jul. 2022 ) / Revenue (Q: Jul. 2022 )
=0 / 0
=(Revenue - Cost of Goods Sold) / Revenue
=(0 - 0) / 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.


8i Acquisition 2  (NAS:LAX) 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

8i Acquisition 2 had a gross margin of N/A% for the quarter that ended in Jul. 2022 => 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.


8i Acquisition 2 Gross Margin % Related Terms

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8i Acquisition 2 (8i Acquisition 2) Business Description

Traded in Other Exchanges
N/A
Address
c/o 6 Eu Tong Sen Street, No. 08-13, Singapore, SGP, 059817
Website
8i Acquisition 2 Corp is a blank check company. It is formed for the purpose of entering into a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization or similar business combination with one or more businesses.
Executives
Chen Wei Wen Kelvin director, officer: CHIEF EXECUTIVE OFFICER C/O 1 PEMIMPIN DRIVE #12-07,, ONE PEMIMPIN SINGAPORE, SINGAPORE U0 576151
Alfred Lim director C/O 1 PEMIMPIN DRIVE #12-07, ONE PEMIMPI, SINGAPORE U0 576151
Kim Hing Chan director C/O 1 PEMIMPIN DRIVE #12-07, ONE PEMIMPIN SINGAPORE, SINGAPORE U0 576151
David Francis Capes director C/O 1 PEMIMPIN DRIVE #12-07, ONE PEMIMPIN SINGAPORE, SINGAPORE U0 576151
Daniel Tan officer: CHIEF TECHNOLOGY OFFICER C/O 1 PEMIMPIN DRIVE #12-07, ONE PEMIMPIN SINGAPORE, SINGAPORE U0 576151
Steven John Sobak officer: CHIEF FINANCIAL OFFICER C/O 1 PEMIMPIN DRIVE #12-07, ONE PEMIMPIN SINGAPORE, SINGAPORE U0 576151
Lim Thien Su Gerald director C/O 1 PEMIMPIN DRIVE #12-07, ONE PEMIMPI, SINGAPORE U0 576151
Alexander K. Arrow director PO BOX 3094, REDWOOD CITY CA 94064
Tan Meng Dong (james) director, 10 percent owner, officer: Chief Executive Officer UNIT 2003 KINGKEY 100, TOWER B, 5015 SHENNAN EAST ROAD, LUOHU DISTRICT, SHENZHEN/GUANGDONG F4 518000
Kwong Yeow Liew director RM 2313-2315, BLOCK B, ZHONGSHEN GARDEN, SHENZHEN F4 518101
Yap Guan Hong William director, officer: Chief Financial Officer 6 EU TONG SEN STREET, #08-13 THE CENTRAL, SINGAPORE U0 059817
Ajay Rajpal director 6 EU TONG SEN STREET, #08-13 THE CENTRAL, SINGAPORE U0 059817
8i Holdings 2 Pte Ltd 10 percent owner C/O 6 EU TONG SEN STREET, #08-13 THE CENTRAL, SINGAPORE U0 059817

8i Acquisition 2 (8i Acquisition 2) Headlines

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