Optiscan Imaging (ASX:OIL) Gross Profit : A$1.00 Mil (TTM As of Dec. 2023)

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What is Optiscan Imaging Gross Profit?

Optiscan Imaging's gross profit for the six months ended in Dec. 2023 was A$0.32 Mil. Optiscan Imaging's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was A$1.00 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Optiscan Imaging's gross profit for the six months ended in Dec. 2023 was A$0.32 Mil. Optiscan Imaging's Revenue for the six months ended in Dec. 2023 was A$0.45 Mil. Therefore, Optiscan Imaging's Gross Margin % for the quarter that ended in Dec. 2023 was 71.49%.

Optiscan Imaging had a gross margin of 71.49% for the quarter that ended in Dec. 2023 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of Optiscan Imaging was 72.92%. The lowest was 47.22%. And the median was 68.22%.

Optiscan Imaging Gross Profit Historical Data

The historical data trend for Optiscan Imaging'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.

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Optiscan Imaging Gross Profit Chart

Optiscan Imaging Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Gross Profit

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1.04

1.19

0.89

1.01

1.13

Optiscan Imaging 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															0.56	0.46	0.45	0.68	0.32

Competitive Comparison of Optiscan Imaging's Gross Profit

For the Scientific & Technical Instruments subindustry, Optiscan Imaging'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.

Optiscan Imaging's Gross Profit Distribution in the Hardware Industry

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

* The bar in red indicates where Optiscan Imaging's Gross Profit falls into.

Optiscan Imaging Gross Profit Calculation

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

Optiscan Imaging'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
	=	1.68	-	0.553
	=	1.13

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

Gross Profit (Q: Dec. 2023 )	=	Revenue	-	Cost of Goods Sold
	=	0.449	-	0.128
	=	0.32

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 A$1.00 Mil.

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

Optiscan Imaging'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
	=	0.32	/	0.449
	=	71.49 %

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.

Optiscan Imaging (ASX:OIL) 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

Optiscan Imaging had a gross margin of 71.49% for the quarter that ended in Dec. 2023 => Durable competitive advantage

Optiscan Imaging Gross Profit Related Terms

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Optiscan Imaging (ASX:OIL) Business Description

Industry

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Address

16 Miles Street, Mulgrave, Melbourne, VIC, AUS, 3170

Website

https://www.optiscan.com

Optiscan Imaging Ltd is engaged in the development, manufacture, and commercialization of endomicroscopic digital imaging technology solutions for medical, translational, and pre-clinical applications. Its technology offers real-time, 3D, in vivo imaging at the single-cell level, in a non-destructive manner that enables clinicians to make immediate informed decisions. Its products include InVivage, ViewnVivo, and Customisation.