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Royal Wins (Royal Wins) Gross Profit : $0.00 Mil (TTM As of Jun. 2022)


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What is Royal Wins Gross Profit?

Royal Wins's gross profit for the three months ended in Jun. 2022 was $0.00 Mil. Royal Wins's gross profit for the trailing twelve months (TTM) ended in Jun. 2022 was $0.00 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Royal Wins's gross profit for the three months ended in Jun. 2022 was $0.00 Mil. Royal Wins's Revenue for the three months ended in Jun. 2022 was $0.00 Mil. Therefore, Royal Wins's Gross Margin % for the quarter that ended in Jun. 2022 was N/A%.

Royal Wins had a gross margin of N/A% for the quarter that ended in Jun. 2022 => No sustainable competitive advantage


Royal Wins Gross Profit Historical Data

The historical data trend for Royal Wins'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.

Royal Wins Gross Profit Chart

Royal Wins Annual Data
Trend Dec19 Dec20 Jun21 Jun22
Gross Profit
- - 0.34 -

Royal Wins Quarterly Data
Sep19 Dec19 Mar20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
Gross Profit Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only - - - - -

Competitive Comparison of Royal Wins's Gross Profit

For the Gambling subindustry, Royal Wins'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.


Royal Wins's Gross Profit Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Royal Wins's Gross Profit distribution charts can be found below:

* The bar in red indicates where Royal Wins's Gross Profit falls into.



Royal Wins Gross Profit Calculation

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

Royal Wins's Gross Profit for the fiscal year that ended in Jun. 2022 is calculated as

Gross Profit (A: Jun. 2022 )=Revenue - Cost of Goods Sold
=0 - 0
=0.00

Royal Wins's Gross Profit for the quarter that ended in Jun. 2022 is calculated as

Gross Profit (Q: Jun. 2022 )=Revenue - Cost of Goods Sold
=0 - 0
=0.00

Gross Profit for the trailing twelve months (TTM) ended in Jun. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $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.)

Royal Wins's Gross Margin % for the quarter that ended in Jun. 2022 is calculated as

Gross Margin % (Q: Jun. 2022 )=Gross Profit (Q: Jun. 2022 ) / Revenue (Q: Jun. 2022 )
=(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.


Royal Wins  (OTCPK:RYWCF) 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

Royal Wins had a gross margin of N/A% for the quarter that ended in Jun. 2022 => No sustainable competitive advantage


Royal Wins Gross Profit Related Terms

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Royal Wins (Royal Wins) Business Description

Traded in Other Exchanges
N/A
Address
401 Bay Street, Suite 2704, Box 4, Toronto, ON, CAN, M5H2Y4
Royal Wins Corp is a digital games studio pioneering skill game wagering and betting on mobile casual games. It designs, develops, and operates real money-wagering skill games, to disrupt and dominate the online gaming space such that all players of legal age can play and win life-changing jackpots and prizes on their skill instead of only on chance and odds. It designs develops and operates pure skill games for both cash and non-cash prizes targeting millennial markets via its primary skill gaming app, the Kash Karnival. Its primary innovation and intellectual property centres around solving big data problems around skill gaming mechanics, algorithms pertaining to balancing cash jackpots, game difficulty modules, and maintenance of return-to-player percentages.

Royal Wins (Royal Wins) Headlines

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