SATO Technologies (TSXV:SATO) Gross Profit : C$5.07 Mil (TTM As of Dec. 2023)

SATO Technologies Gross Profit Chart

SATO Technologies Annual Data
	Trend	Apr14	Apr15	Apr16	Apr17	Apr18	Apr19	Apr20	Apr21	Dec22	Dec23
Gross Profit		Get a 7-Day Free Trial					-	-	-	2.33	5.17

SATO Technologies Quarterly Data
	Jan19	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Gross Profit	Get a 7-Day Free Trial															1.35	1.13	1.13	0.76	2.06

Competitive Comparison of SATO Technologies's Gross Profit

For the Capital Markets subindustry, SATO Technologies'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.

SATO Technologies's Gross Profit Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, SATO Technologies's Gross Profit distribution charts can be found below:

* The bar in red indicates where SATO Technologies's Gross Profit falls into.

SATO Technologies Gross Profit Calculation

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

SATO Technologies's Gross Profit for the fiscal year that ended in Dec. 2023 is calculated as

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

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was C$5.07 Mil.

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

SATO Technologies's Gross Margin % for the quarter that ended in Dec. 2023 is calculated as

* 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.

SATO Technologies  (TSXV:SATO) 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

SATO Technologies had a gross margin of 38.35% for the quarter that ended in Dec. 2023 => Competition eroding margins

SATO Technologies Gross Profit Related Terms

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SATO Technologies (TSXV:SATO) Business Description