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Seafarms Group (ASX:SFG) Gross Profit : A$14.02 Mil (TTM As of Dec. 2023)


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What is Seafarms Group Gross Profit?

Seafarms Group's gross profit for the six months ended in Dec. 2023 was A$9.05 Mil. Seafarms Group's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was A$14.02 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Seafarms Group's gross profit for the six months ended in Dec. 2023 was A$9.05 Mil. Seafarms Group's Revenue for the six months ended in Dec. 2023 was A$20.24 Mil. Therefore, Seafarms Group's Gross Margin % for the quarter that ended in Dec. 2023 was 44.72%.

Seafarms Group had a gross margin of 44.72% for the quarter that ended in Dec. 2023 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of Seafarms Group was 57.52%. The lowest was -4.83%. And the median was 20.07%.


Seafarms Group Gross Profit Historical Data

The historical data trend for Seafarms 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.

Seafarms Group Gross Profit Chart

Seafarms Group Annual Data
Trend Sep13 Sep14 Sep15 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.17 -1.10 2.34 9.61 14.91

Seafarms Group Semi-Annual Data
Sep13 Mar14 Sep14 Mar15 Sep15 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 0.27 9.35 9.94 4.97 9.05

Competitive Comparison of Seafarms Group's Gross Profit

For the Farm Products subindustry, Seafarms 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.


Seafarms Group's Gross Profit Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Seafarms Group's Gross Profit distribution charts can be found below:

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



Seafarms Group Gross Profit Calculation

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

Seafarms 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
=25.918 - 11.009
=14.91

Seafarms 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
=20.243 - 11.19
=9.05

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$14.02 Mil.

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

Seafarms 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
=9.05 / 20.243
=44.72 %

* 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.


Seafarms Group  (ASX:SFG) 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

Seafarms Group had a gross margin of 44.72% for the quarter that ended in Dec. 2023 => Durable competitive advantage


Seafarms Group Gross Profit Related Terms

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Seafarms Group (ASX:SFG) Business Description

Traded in Other Exchanges
N/A
Address
66 Smith Street, Level 6, Darwin, NT, AUS, 0800
Seafarms Group Ltd is an Australian agri-food company engaged in providing production platforms for producing high-quality seafood. The company's operating segment include Aquaculture and others. It generates maximum revenue from the Aquaculture segment. The company's project includes Sea Dragon and operates a black tiger and banana prawn aquaculture business located in North Queensland. Its product profile includes crystal bay prawns and crystal bay tigers.

Seafarms Group (ASX:SFG) Headlines

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