Latest gross profit for MCLD: $5.4M, below the Technology sector average of $270B.
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+ FollowAs of Sep 30, 2022
Trailing 12 months ending Sep 30, 2022
mCloud Technologies (MCLD) currently reports a gross profit of $5.4M as of September 2022. That compares with $20M in the prior-year period — down 72.7% year over year. That is below the Technology sector average of $270B. Use the charts on this page to explore mCloud Technologies's gross profit history and peer comparisons.
mCloud Technologies's gross profit decreased from $20M to $5.4M — a 72.7% year-over-year decrease (period ending September 2022). Watching multi-year history on the chart below helps separate one-off swings from a lasting trend.
mCloud Technologies's gross profit of $5.4M is lower than the Technology sector average of $270B. That is roughly 100.0% below the sector mean. A reading lower peers can reflect different growth expectations, capital structure, or profitability — so it is worth checking the peer comparison chart before drawing conclusions.
mCloud Technologies reported $5.4M in gross profit as of September 2022. That compares with $20M in the prior-year period — down 72.7% year over year. Absolute dollar amounts are most useful when compared with prior periods, peers, and related line items such as revenue, assets, or liabilities on Stockcircle.
Start with the current gross profit of $5.4M, then check the historical chart for trend and the peer comparison chart for relative positioning. The Technology average is $270B. From there, open related valuation or income-statement pages for mCloud Technologies, and consider following MCLD for alerts when major investors trade the stock.