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GWA Group (GWA Group) Gross Profit : $109.6 Mil (TTM As of Dec. 2023)


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What is GWA Group Gross Profit?

GWA Group's gross profit for the six months ended in Dec. 2023 was $55.5 Mil. GWA Group's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was $109.6 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. GWA Group's gross profit for the six months ended in Dec. 2023 was $55.5 Mil. GWA Group's Revenue for the six months ended in Dec. 2023 was $137.9 Mil. Therefore, GWA Group's Gross Margin % for the quarter that ended in Dec. 2023 was 40.28%.

GWA Group had a gross margin of 40.28% for the quarter that ended in Dec. 2023 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of GWA Group was 42.88%. The lowest was 33.77%. And the median was 40.67%.

Warning Sign:

GWA Group Ltd gross margin has been in long-term decline. The average rate of decline per year is -2.4%.


GWA Group Gross Profit Historical Data

The historical data trend for GWA Group's Gross Profit can be seen below:

* 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.

* Premium members only.

GWA Group Gross Profit Chart

GWA Group Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 113.00 111.30 125.44 113.71 106.17

GWA Group Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Gross Profit Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 56.99 57.73 52.36 54.09 55.53

Competitive Comparison of GWA Group's Gross Profit

For the Furnishings, Fixtures & Appliances subindustry, GWA 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.


GWA Group's Gross Profit Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, GWA Group's Gross Profit distribution charts can be found below:

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



GWA Group Gross Profit Calculation

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

GWA Group's Gross Profit for the fiscal year that ended in Jun. 2023 is calculated as

Gross Profit (A: Jun. 2023 )=Revenue - Cost of Goods Sold
=276.403 - 170.237
=106.2

GWA Group's Gross Profit for the quarter that ended in Dec. 2023 is calculated as

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=137.863 - 82.338
=55.5

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $109.6 Mil.

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

GWA Group's Gross Margin % for the quarter that ended in Dec. 2023 is calculated as

Gross Margin % (Q: Dec. 2023 )=Gross Profit (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=(Revenue - Cost of Goods Sold) / Revenue
=55.5 / 137.863
=40.28 %

* 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.


GWA Group  (OTCPK:GWAXY) 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

GWA Group had a gross margin of 40.28% for the quarter that ended in Dec. 2023 => Durable competitive advantage


GWA Group Gross Profit Related Terms

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GWA Group (GWA Group) Business Description

Traded in Other Exchanges
Address
188 Holt Street, Building 3B, Pinkenba, Brisbane, QLD, AUS, 4008
GWA Group Ltd is a leading Australian designer of sanitary-ware and bathroom fittings, having undergone a significant divestment program to focus solely on front-of-wall bathroom and kitchen fittings markets. GWA's portfolio of brands includes Caroma, Dorf, Fowler, and Clark, with Caroma, in particular, enjoying the long history and high brand awareness in the Australian market. As part of GWA's efforts to reorient the business toward water supply solutions, the acquisition of Methven--a leading New Zealand shower and bathroom fittings manufacturer--was completed in April 2019.

GWA Group (GWA Group) Headlines

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