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Pulse Seismic (Pulse Seismic) Gross Profit : $22.59 Mil (TTM As of Mar. 2024)


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What is Pulse Seismic Gross Profit?

Pulse Seismic's gross profit for the three months ended in Mar. 2024 was $4.79 Mil. Pulse Seismic's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was $22.59 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Pulse Seismic's gross profit for the three months ended in Mar. 2024 was $4.79 Mil. Pulse Seismic's Revenue for the three months ended in Mar. 2024 was $6.48 Mil. Therefore, Pulse Seismic's Gross Margin % for the quarter that ended in Mar. 2024 was 73.90%.

Pulse Seismic had a gross margin of 73.90% for the quarter that ended in Mar. 2024 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of Pulse Seismic was 78.38%. The lowest was -33.32%. And the median was 31.82%.


Pulse Seismic Gross Profit Historical Data

The historical data trend for Pulse Seismic'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.

Pulse Seismic Gross Profit Chart

Pulse Seismic Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.07 -0.52 30.10 -0.37 22.32

Pulse Seismic Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 4.46 4.87 2.08 10.86 4.79

Competitive Comparison of Pulse Seismic's Gross Profit

For the Oil & Gas Equipment & Services subindustry, Pulse Seismic'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.


Pulse Seismic's Gross Profit Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Pulse Seismic's Gross Profit distribution charts can be found below:

* The bar in red indicates where Pulse Seismic's Gross Profit falls into.



Pulse Seismic Gross Profit Calculation

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

Pulse Seismic's Gross Profit for the fiscal year that ended in Dec. 2023 is calculated as

Gross Profit (A: Dec. 2023 )=Revenue - Cost of Goods Sold
=29.164 - 6.844
=22.32

Pulse Seismic's Gross Profit for the quarter that ended in Mar. 2024 is calculated as

Gross Profit (Q: Mar. 2024 )=Revenue - Cost of Goods Sold
=6.484 - 1.692
=4.79

Gross Profit for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $22.59 Mil.

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

Pulse Seismic's Gross Margin % for the quarter that ended in Mar. 2024 is calculated as

Gross Margin % (Q: Mar. 2024 )=Gross Profit (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=4.79 / 6.484
=73.90 %

* 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.


Pulse Seismic  (OTCPK:PLSDF) 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

Pulse Seismic had a gross margin of 73.90% for the quarter that ended in Mar. 2024 => Durable competitive advantage


Pulse Seismic Gross Profit Related Terms

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Pulse Seismic (Pulse Seismic) Business Description

Traded in Other Exchanges
Address
421 - 7th Avenue South West, Suite 2700, Calgary, AB, CAN, T2P 4K9
Pulse Seismic Inc is a Canadian company which acts as a provider of seismic data to the energy sector in western Canada. The company is engaged in the acquisition, marketing, and licensing of 2D and 3D seismic data to the energy sector. It offers the full suite of project management services including On-site professional project management, experienced cost estimation services, daily reporting to clients and detailed project cost tracking, procurement of subcontractors to ensure regulatory compliance, and others.