Liquid Media Group (Liquid Media Group) Gross Profit : $1.35 Mil (TTM As of Aug. 2022)

Liquid Media Group Gross Profit Chart

Liquid Media Group Annual Data
	Trend	Feb12	Feb13	Feb14	Feb15	Feb16	Feb17	Feb18	Nov19	Nov20	Nov21
Gross Profit		Get a 7-Day Free Trial					-0.10	-	-1.36	-0.53	-

Liquid Media Group Quarterly Data
	Nov17	Feb18	May18	Aug18	Nov18	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22
Gross Profit	Get a 7-Day Free Trial															-0.05	0.30	0.04	0.50	0.51

Competitive Comparison of Liquid Media Group's Gross Profit

For the Electronic Gaming & Multimedia subindustry, Liquid Media Group'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.

Liquid Media Group's Gross Profit Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Liquid Media Group's Gross Profit distribution charts can be found below:

* The bar in red indicates where Liquid Media Group's Gross Profit falls into.

Liquid Media Group Gross Profit Calculation

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

Liquid Media Group's Gross Profit for the fiscal year that ended in Nov. 2021 is calculated as

Liquid Media Group's Gross Profit for the quarter that ended in Aug. 2022 is calculated as

Gross Profit for the trailing twelve months (TTM) ended in Aug. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $1.35 Mil.

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

Liquid Media Group's Gross Margin % for the quarter that ended in Aug. 2022 is calculated as

* 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.

Liquid Media Group  (OTCPK:YVRLF) 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

Liquid Media Group had a gross margin of 33.44% for the quarter that ended in Aug. 2022 => Competition eroding margins

Liquid Media Group Gross Profit Related Terms

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Liquid Media Group (Liquid Media Group) Business Description