Track Trine II Acquisition's gross profit ($-3.7M) with charts, peers, and YoY trends.
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+ FollowAs of Dec 31, 2022
Trailing 12 months ending Dec 31, 2022
The latest gross profit for TRAQ is $-3.7M as of December 2022. That compares with $-750 in the prior-year period — down 495783.7% year over year. That is below the sector sector average of $740M. Investors often review this figure alongside Trine II Acquisition's historical trend and sector peers before judging valuation or financial health.
Over the past year, TRAQ's gross profit moved from $-750 to $-3.7M — a 495783.7% year-over-year decrease. If the trend continues in the same direction for several quarters, it can signal a meaningful shift in Trine II Acquisition's operating scale or balance-sheet position.
Against its sector companies, TRAQ currently prints $-3.7M for gross profit, while the sector average sits near $740M. That is roughly 100.5% below the sector mean. Large gaps often invite a closer look at Trine II Acquisition's growth, margins, and balance sheet.
A gross profit figure of $-3.7M for TRAQ is a snapshot of scale on that line item. On its own it does not say whether the business is healthy — you also want growth rate, margins, and how the number compares with similar companies. The sector average is about $740M. Explore the charts below for those layers of context.
After noting TRAQ's gross profit ($-3.7M), review year-over-year change from $-750, peer averages, and a few neighboring metrics such as revenue, margins, or valuation multiples. That combination usually beats staring at a single figure. The navigation links on this page jump you to those related views.