Zoomd Technologies Stock Gross Profit

ZOMD Stock  CAD 0.62  0.05  8.77%   
Zoomd Technologies fundamentals help investors to digest information that contributes to Zoomd Technologies' financial success or failures. It also enables traders to predict the movement of Zoomd Stock. The fundamental analysis module provides a way to measure Zoomd Technologies' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Zoomd Technologies stock.
Last ReportedProjected for Next Year
Gross Profit12 M12.9 M
Gross Profit Margin 0.37  0.26 
Gross Profit is likely to climb to about 12.9 M in 2024, whereas Gross Profit Margin is likely to drop 0.26 in 2024.
  
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Zoomd Technologies Company Gross Profit Analysis

Zoomd Technologies' Gross Profit is the most basic measure of business operational efficiency. It is simply the difference between sales revenue and the cost associated with making a product or providing a service. It is calculated before deducting administrative expenses, taxes, and interest payments.

Gross Profit

 = 

Revenue

-

Cost of Revenue

More About Gross Profit | All Equity Analysis

Current Zoomd Technologies Gross Profit

    
  16.61 M  
Most of Zoomd Technologies' fundamental indicators, such as Gross Profit, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Zoomd Technologies is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Zoomd Gross Profit Driver Correlations

Understanding the fundamental principles of building solid financial models for Zoomd Technologies is extremely important. It helps to project a fair market value of Zoomd Stock properly, considering its historical fundamentals such as Gross Profit. Since Zoomd Technologies' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Zoomd Technologies' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Zoomd Technologies' interrelated accounts and indicators.
Gross Profit varies significantly from one sector to another and tells an investor how much money a business would have made if it didn't have to pay any overhead expenses such as salary, taxes, or rent.
Competition

According to the company disclosure, Zoomd Technologies reported 16.61 M of gross profit. This is 99.98% lower than that of the Interactive Media & Services sector and significantly higher than that of the Communication Services industry. The gross profit for all Canada stocks is 99.94% higher than that of the company.

Zoomd Gross Profit Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Zoomd Technologies' direct or indirect competition against its Gross Profit to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Zoomd Technologies could also be used in its relative valuation, which is a method of valuing Zoomd Technologies by comparing valuation metrics of similar companies.
Zoomd Technologies is currently under evaluation in gross profit category among its peers.

Zoomd Technologies Current Valuation Drivers

We derive many important indicators used in calculating different scores of Zoomd Technologies from analyzing Zoomd Technologies' financial statements. These drivers represent accounts that assess Zoomd Technologies' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Zoomd Technologies' important valuation drivers and their relationship over time.
201920202021202220232024 (projected)
Market Cap47.1M19.3M38.7M13.2M5.2M4.9M
Enterprise Value43.0M18.2M36.3M14.2M7.0M13.1M

Zoomd Fundamentals

About Zoomd Technologies Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Zoomd Technologies's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Zoomd Technologies using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Zoomd Technologies based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
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Additional Tools for Zoomd Stock Analysis

When running Zoomd Technologies' price analysis, check to measure Zoomd Technologies' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Zoomd Technologies is operating at the current time. Most of Zoomd Technologies' value examination focuses on studying past and present price action to predict the probability of Zoomd Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Zoomd Technologies' price. Additionally, you may evaluate how the addition of Zoomd Technologies to your portfolios can decrease your overall portfolio volatility.