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Actelis Networks (Actelis Networks) Gross Profit : $1.43 Mil (TTM As of Mar. 2024)


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What is Actelis Networks Gross Profit?

Actelis Networks's gross profit for the three months ended in Mar. 2024 was $0.22 Mil. Actelis Networks's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was $1.43 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Actelis Networks's gross profit for the three months ended in Mar. 2024 was $0.22 Mil. Actelis Networks's Revenue for the three months ended in Mar. 2024 was $0.73 Mil. Therefore, Actelis Networks's Gross Margin % for the quarter that ended in Mar. 2024 was 30.30%.

Actelis Networks had a gross margin of 30.30% for the quarter that ended in Mar. 2024 => Competition eroding margins

During the past 4 years, the highest Gross Margin % of Actelis Networks was 58.39%. The lowest was 31.94%. And the median was 46.50%.


Actelis Networks Gross Profit Historical Data

The historical data trend for Actelis Networks'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.

Actelis Networks Gross Profit Chart

Actelis Networks Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Gross Profit
4.98 3.97 4.11 1.90

Actelis Networks Quarterly Data
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 0.69 0.63 0.23 0.35 0.22

Competitive Comparison of Actelis Networks's Gross Profit

For the Communication Equipment subindustry, Actelis Networks'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.


Actelis Networks's Gross Profit Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Actelis Networks's Gross Profit distribution charts can be found below:

* The bar in red indicates where Actelis Networks's Gross Profit falls into.



Actelis Networks Gross Profit Calculation

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

Actelis Networks'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
=5.606 - 3.706
=1.90

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

Gross Profit (Q: Mar. 2024 )=Revenue - Cost of Goods Sold
=0.726 - 0.506
=0.22

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 $1.43 Mil.

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

Actelis Networks'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
=0.22 / 0.726
=30.30 %

* 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.


Actelis Networks  (NAS:ASNS) 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

Actelis Networks had a gross margin of 30.30% for the quarter that ended in Mar. 2024 => Competition eroding margins


Actelis Networks Gross Profit Related Terms

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Actelis Networks (Actelis Networks) Business Description

Traded in Other Exchanges
N/A
Address
4039 Clipper Court, Fremont, CA, USA, 94538
Actelis Networks Inc is a networking solutions company with a mission to enable communication for Internet of Things, or IoT, projects, deployed over wide areas such as cities, campuses, airports, military bases, roads, and rail. Its networking solutions use a combination of newly deployed fiber infrastructure and existing copper and coaxial lines to create a cost-effective, secure, and quick-to-deploy network. Its solutions also offer end-to-end network security to protect critical IoT data, utilizing a powerful combination of coding and encryption technologies, applied as required on both new and existing infrastructure within the hybrid-fiber-copper network.
Executives
Michal Winkler-solomon officer: Vice President Marketing C/O ACTELIS NETWORKS, INC., 47800 WESTINGHOUSE DRIVE, FREMONT CA 94539
Bret Harrison officer: Senior VP Sales, Americas 4039 CLIPPER COURT, FREMONT CA 94538
Tuvia Barlev director, officer: CEO and Chairman of the Board C/O ACTELIS NETWORKS, INC., 47800 WESTINGHOUSE DRIVE, FREMONT CA 94539
Israel Niv director C/O ACTELIS NETWORKS, INC., 47800 WESTINGHOUSE DRIVE, FREMONT CA 94539
Naama Halevi-davidov director C/O KALTURA, INC., 250 PARK AVENUE SOUTH, 10TH FLOOR, NEW YORK NY 10003
Yoav Efron officer: Chief Financial Officer C/O ACTELIS NETWORKS, INC., 47800 WESTINGHOUSE DRIVE, FREMONT CA 94539
Jan Ruderman officer: CRO-Americas C/O ACTELIS NETWORKS, INC., 47800 WESTINGHOUSE DRIVE, FREMONT CA 94539
Yaron Altit officer: EVP Sales Intl. C/O ACTELIS NETWORKS, INC., 47800 WESTINGHOUSE DRIVE, FREMONT CA 94539
Noemi Schmayer director C/O ACTELIS NETWORKS, INC., 47800 WESTINGHOUSE DRIVE, FREMONT CA 94539
Joseph Moscovitz director C/O ACTELIS NETWORKS, INC., 47800 WESTINGHOUSE DRIVE, FREMONT CA 94539
Eyal Aharon officer: Vice President R&D C/O ACTELIS NETWORKS, INC., 47800 WESTINGHOUSE DRIVE, FREMONT CA 94539
Elad Domanovitz officer: Chief Technology Officer C/O ACTELIS NETWORKS, INC., 47800 WESTINGHOUSE DRIVE, FREMONT CA 94539
Hemi Kabir officer: Vice President, Operations C/O ACTELIS NETWORKS, INC., 47800 WESTINGHOUSE DRIVE, FREMONT CA 94539
Bruce Hammergren officer: EVP Sales Americas C/O ACTELIS NETWORKS, INC., 47800 WESTINGHOUSE DRIVE, FREMONT CA 94539