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Pollard Banknote (FRA:67L) Gross Profit : €62.0 Mil (TTM As of Mar. 2024)


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What is Pollard Banknote Gross Profit?

Pollard Banknote's gross profit for the three months ended in Mar. 2024 was €14.6 Mil. Pollard Banknote's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was €62.0 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Pollard Banknote's gross profit for the three months ended in Mar. 2024 was €14.6 Mil. Pollard Banknote's Revenue for the three months ended in Mar. 2024 was €85.5 Mil. Therefore, Pollard Banknote's Gross Margin % for the quarter that ended in Mar. 2024 was 17.12%.

Pollard Banknote had a gross margin of 17.12% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage

During the past 13 years, the highest Gross Margin % of Pollard Banknote was 23.01%. The lowest was 16.49%. And the median was 20.60%.

Warning Sign:

Pollard Banknote Ltd gross margin has been in long-term decline. The average rate of decline per year is -7.1%.


Pollard Banknote Gross Profit Historical Data

The historical data trend for Pollard Banknote'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.

Pollard Banknote Gross Profit Chart

Pollard Banknote Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 62.26 58.43 62.75 57.94 58.66

Pollard Banknote Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 12.05 14.00 15.66 17.75 14.63

Competitive Comparison of Pollard Banknote's Gross Profit

For the Gambling subindustry, Pollard Banknote'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.


Pollard Banknote's Gross Profit Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Pollard Banknote's Gross Profit distribution charts can be found below:

* The bar in red indicates where Pollard Banknote's Gross Profit falls into.



Pollard Banknote Gross Profit Calculation

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

Pollard Banknote'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
=355.728 - 297.071
=58.7

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

Gross Profit (Q: Mar. 2024 )=Revenue - Cost of Goods Sold
=85.462 - 70.833
=14.6

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 €62.0 Mil.

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

Pollard Banknote'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
=14.6 / 85.462
=17.12 %

* 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.


Pollard Banknote  (FRA:67L) 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

Pollard Banknote had a gross margin of 17.12% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage


Pollard Banknote Gross Profit Related Terms

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Pollard Banknote (FRA:67L) Business Description

Traded in Other Exchanges
Address
140 Otter Street, Winnipeg, MB, CAN, R3T 0M8
Pollard Banknote Ltd is principally engaged in the manufacturing, development, and sale of lottery and charitable gaming products throughout the world. Its operating segments are Lotteries, charitable gaming, Retail and eGaming systems. The company has its geographic presence in Canada, United States and International. It generates majority of the revenue from United States .

Pollard Banknote (FRA:67L) Headlines

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