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Technogym SpA (MIL:TGYM) Gross Profit : €324.7 Mil (TTM As of Dec. 2023)


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What is Technogym SpA Gross Profit?

Technogym SpA's gross profit for the six months ended in Dec. 2023 was €181.0 Mil. Technogym SpA's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was €324.7 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Technogym SpA's gross profit for the six months ended in Dec. 2023 was €181.0 Mil. Technogym SpA's Revenue for the six months ended in Dec. 2023 was €438.1 Mil. Therefore, Technogym SpA's Gross Margin % for the quarter that ended in Dec. 2023 was 41.33%.

Technogym SpA had a gross margin of 41.33% for the quarter that ended in Dec. 2023 => Durable competitive advantage

During the past 11 years, the highest Gross Margin % of Technogym SpA was 42.94%. The lowest was 32.87%. And the median was 40.03%.

Warning Sign:

Technogym SpA gross margin has been in long-term decline. The average rate of decline per year is -1.9%.


Technogym SpA Gross Profit Historical Data

The historical data trend for Technogym SpA'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.

Technogym SpA Gross Profit Chart

Technogym SpA 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 286.08 214.82 243.76 278.11 324.68

Technogym SpA Semi-Annual Data
Dec13 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 128.47 126.47 151.64 143.63 181.05

Competitive Comparison of Technogym SpA's Gross Profit

For the Leisure subindustry, Technogym SpA'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.


Technogym SpA's Gross Profit Distribution in the Travel & Leisure Industry

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

* The bar in red indicates where Technogym SpA's Gross Profit falls into.



Technogym SpA Gross Profit Calculation

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

Technogym SpA'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
=808.091 - 483.414
=324.7

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

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=438.089 - 257.04
=181.0

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 €324.7 Mil.

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

Technogym SpA'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
=181.0 / 438.089
=41.33 %

* 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.


Technogym SpA  (MIL:TGYM) 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

Technogym SpA had a gross margin of 41.33% for the quarter that ended in Dec. 2023 => Durable competitive advantage


Technogym SpA Gross Profit Related Terms

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Technogym SpA (MIL:TGYM) Business Description

Traded in Other Exchanges
Address
Via Calcinaro, 2861, Cesena, ITA, 47521
Technogym SpA is a fitness equipment manufacturer. The company offers integrated solutions for personal wellness consisting of equipment, services, and digital solutions that can be personalized and adapted to specific needs of end users and professional operators. The company offers a range of wellness, physical exercise and rehabilitation solutions to the major segments of the fitness equipment market and to the overall wellness industry. Its geographical segments are Europe (except Italy), APAC, North America, MEIA, Italy, and LATAM.

Technogym SpA (MIL:TGYM) Headlines

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