oOh media's gross profit for the
six
months ended in Dec. 2023 was A$221.6 Mil. oOh media's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was A$417.8 Mil.
Gross Margin % is calculated as gross profit divided by its revenue. oOh media's gross profit for the
six
months ended in Dec. 2023 was A$221.6 Mil. oOh media's Revenue for the
six
months ended in Dec. 2023 was A$337.3 Mil. Therefore, oOh media's Gross Margin % for the quarter that ended in Dec. 2023 was 65.70%.
oOh media had a gross margin of 65.70% for the quarter that ended in Dec. 2023 => Durable competitive advantage
During the past 10 years, the highestGross Margin % of oOh media was 81.69%. The lowest was 33.22%. And the median was 56.33%.
oOh media Gross Profit Historical Data
The historical data trend for oOh media'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.
Competitive Comparison of oOh media's Gross Profit
For the Advertising Agencies subindustry, oOh media'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.
oOh media's Gross Profit Distribution in the Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, oOh media's Gross Profit distribution charts can be found below:
* The bar in red indicates where oOh media's Gross Profit falls into.
oOh media Gross Profit Calculation
Gross Profit is the different between the sale prices and the cost of buying or producing the goods.
oOh media's Gross Profit for the fiscal year that ended in Dec. 2023 is calculated as
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$417.8 Mil.
Gross Profit is the numerator in the calculation of Gross Margin.
* 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.
oOh media (ASX:OML) 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
oOh media had a gross margin of 65.70% for the quarter that ended in Dec. 2023 => Durable competitive advantage
oOh media Gross Profit Related Terms
Thank you for viewing the detailed overview of oOh media's Gross Profit provided by GuruFocus.com. Please click on the following links to see related term pages.
OOh media operates a network of outdoor advertising sites with a commanding share of the Australian market, and also has a large presence in New Zealand. It boasts a diverse portfolio of locations to service the needs of outdoor marketers, and is particularly strong in the roadside billboard and retail (such as shopping malls) segments. OOh media offers these services by entering into lease arrangements with owners of outdoor sites--effectively an intermediary allowing site owners to monetize their visible space in high-traffic areas. In late September 2018, the group completed the acquisition of Adshel from HT&E for AUD 570 million, a deal that cements its competitive position in the face of industry consolidation.
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