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Service Stream (ASX:SSM) Gross Profit : A$2,081 Mil (TTM As of Dec. 2023)


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What is Service Stream Gross Profit?

Service Stream's gross profit for the six months ended in Dec. 2023 was A$1,068 Mil. Service Stream's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was A$2,081 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Service Stream's gross profit for the six months ended in Dec. 2023 was A$1,068 Mil. Service Stream's Revenue for the six months ended in Dec. 2023 was A$1,133 Mil. Therefore, Service Stream's Gross Margin % for the quarter that ended in Dec. 2023 was 94.33%.

Service Stream had a gross margin of 94.33% for the quarter that ended in Dec. 2023 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of Service Stream was 98.23%. The lowest was 91.26%. And the median was 94.91%.


Service Stream Gross Profit Historical Data

The historical data trend for Service Stream'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.

Service Stream Gross Profit Chart

Service Stream Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 813.76 873.44 751.51 1,425.69 1,889.44

Service Stream 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 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 523.14 902.55 877.09 1,012.35 1,068.35

Competitive Comparison of Service Stream's Gross Profit

For the Engineering & Construction subindustry, Service Stream'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.


Service Stream's Gross Profit Distribution in the Construction Industry

For the Construction industry and Industrials sector, Service Stream's Gross Profit distribution charts can be found below:

* The bar in red indicates where Service Stream's Gross Profit falls into.



Service Stream Gross Profit Calculation

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

Service Stream'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
=2048.658 - 159.217
=1,889

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

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=1132.524 - 64.175
=1,068

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$2,081 Mil.

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

Service Stream'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
=1,068 / 1132.524
=94.33 %

* 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.


Service Stream  (ASX:SSM) 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

Service Stream had a gross margin of 94.33% for the quarter that ended in Dec. 2023 => Durable competitive advantage


Service Stream Gross Profit Related Terms

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Service Stream (ASX:SSM) Business Description

Traded in Other Exchanges
Address
357 Collins Street, Level 4, Melbourne, VIC, AUS, 3000
Service Stream Ltd is engaged in the provision of telecommunications and network services. The operating business segments are Telecommunications and Utilities. The Telecommunications segment provides a range of operations, maintenance, installation, design and construction services to the owners of fixed-line and wireless telecommunication networks in Australia. Utilities segment provide operations, maintenance, design and construction services, as well as specialist metering, new energy and inspection services to the gas, water and electricity network owners and others. It generates revenue from the provision of ticket of work services, delivery of projects, cost reimbursable contracts and overhead recovery.

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