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Gorilla Technology Group (Gorilla Technology Group) Gross Profit : $44.72 Mil (TTM As of Dec. 2023)


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What is Gorilla Technology Group Gross Profit?

Gorilla Technology Group's gross profit for the six months ended in Dec. 2023 was $41.54 Mil. Gorilla Technology Group's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was $44.72 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Gorilla Technology Group's gross profit for the six months ended in Dec. 2023 was $41.54 Mil. Gorilla Technology Group's Revenue for the six months ended in Dec. 2023 was $58.27 Mil. Therefore, Gorilla Technology Group's Gross Margin % for the quarter that ended in Dec. 2023 was 71.29%.

Gorilla Technology Group had a gross margin of 71.29% for the quarter that ended in Dec. 2023 => Durable competitive advantage

During the past 5 years, the highest Gross Margin % of Gorilla Technology Group was 69.12%. The lowest was 37.20%. And the median was 40.86%.


Gorilla Technology Group Gross Profit Historical Data

The historical data trend for Gorilla Technology 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.

Gorilla Technology Group Gross Profit Chart

Gorilla Technology Group Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
18.19 18.56 15.77 8.34 44.72

Gorilla Technology Group Semi-Annual Data
Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Gross Profit Get a 7-Day Free Trial Premium Member Only 10.93 4.57 3.76 3.18 41.54

Competitive Comparison of Gorilla Technology Group's Gross Profit

For the Software - Infrastructure subindustry, Gorilla Technology 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.


Gorilla Technology Group's Gross Profit Distribution in the Software Industry

For the Software industry and Technology sector, Gorilla Technology Group's Gross Profit distribution charts can be found below:

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



Gorilla Technology Group Gross Profit Calculation

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

Gorilla Technology Group'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
=64.695 - 19.976
=44.72

Gorilla Technology 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
=58.266 - 16.726
=41.54

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 $44.72 Mil.

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

Gorilla Technology 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
=41.54 / 58.266
=71.29 %

* 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.


Gorilla Technology Group  (NAS:GRRR) 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

Gorilla Technology Group had a gross margin of 71.29% for the quarter that ended in Dec. 2023 => Durable competitive advantage


Gorilla Technology Group Gross Profit Related Terms

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Gorilla Technology Group (Gorilla Technology Group) Business Description

Traded in Other Exchanges
N/A
Address
Meridien House, 42 Upper Berkeley Street, Marble Arch, London, GBR, W1H 5QJ
Gorilla Technology Group Inc is primarily engaged in providing information, software, and data processing services. It is a provider of video intelligence, Internet of Things (IoT) security, edge AI data analytics, and operational technology (OT) security solutions and services. Its reportable segments are video IoT and security convergence and Other segments.