Virax Biolabs Group Stock Gross Profit

VRAX Stock  USD 1.97  0.10  4.83%   
Virax Biolabs Group fundamentals help investors to digest information that contributes to Virax Biolabs' financial success or failures. It also enables traders to predict the movement of Virax Stock. The fundamental analysis module provides a way to measure Virax Biolabs' 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 Virax Biolabs stock.
Last ReportedProjected for Next Year
Gross Profit50.6 K53.1 K
Gross Profit Margin 0.32  0.34 
Gross Profit is likely to rise to about 53.1 K in 2024. Gross Profit Margin is likely to rise to 0.34 in 2024.
  
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Virax Biolabs Group Company Gross Profit Analysis

Virax Biolabs' 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

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Revenue

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Cost of Revenue

More About Gross Profit | All Equity Analysis

Current Virax Biolabs Gross Profit

    
  (1.36 K)  
Most of Virax Biolabs' 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, Virax Biolabs Group is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Virax Gross Profit Driver Correlations

Understanding the fundamental principles of building solid financial models for Virax Biolabs is extremely important. It helps to project a fair market value of Virax Stock properly, considering its historical fundamentals such as Gross Profit. Since Virax Biolabs' 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 Virax Biolabs' 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 Virax Biolabs' interrelated accounts and indicators.
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Click cells to compare fundamentals
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, Virax Biolabs Group reported (1,365) of gross profit. This is 100.0% lower than that of the Biotechnology sector and 100.0% lower than that of the Health Care industry. The gross profit for all United States stocks is 100.0% higher than that of the company.

Virax Gross Profit Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Virax Biolabs' 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 Virax Biolabs could also be used in its relative valuation, which is a method of valuing Virax Biolabs by comparing valuation metrics of similar companies.
Virax Biolabs is currently under evaluation in gross profit category among its peers.

Virax Biolabs ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Virax Biolabs' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Virax Biolabs' managers, analysts, and investors.
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Virax Fundamentals

About Virax Biolabs Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Virax Biolabs Group's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Virax Biolabs using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Virax Biolabs Group 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.

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Additional Tools for Virax Stock Analysis

When running Virax Biolabs' price analysis, check to measure Virax Biolabs' 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 Virax Biolabs is operating at the current time. Most of Virax Biolabs' value examination focuses on studying past and present price action to predict the probability of Virax Biolabs' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Virax Biolabs' price. Additionally, you may evaluate how the addition of Virax Biolabs to your portfolios can decrease your overall portfolio volatility.