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Cirata (Cirata) Gross Profit : $6.06 Mil (TTM As of Dec. 2023)


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What is Cirata Gross Profit?

Cirata's gross profit for the six months ended in Dec. 2023 was $3.35 Mil. Cirata's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was $6.06 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Cirata's gross profit for the six months ended in Dec. 2023 was $3.35 Mil. Cirata's Revenue for the six months ended in Dec. 2023 was $3.70 Mil. Therefore, Cirata's Gross Margin % for the quarter that ended in Dec. 2023 was 90.39%.

Cirata had a gross margin of 90.39% for the quarter that ended in Dec. 2023 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of Cirata was 93.19%. The lowest was 80.71%. And the median was 90.74%.


Cirata Gross Profit Historical Data

The historical data trend for Cirata'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.

Cirata Gross Profit Chart

Cirata 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 14.97 9.47 6.65 8.99 6.06

Cirata 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 3.60 5.37 3.62 2.72 3.35

Competitive Comparison of Cirata's Gross Profit

For the Software - Application subindustry, Cirata'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.


Cirata's Gross Profit Distribution in the Software Industry

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

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



Cirata Gross Profit Calculation

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

Cirata'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
=6.695 - 0.633
=6.06

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

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=3.703 - 0.356
=3.35

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 $6.06 Mil.

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

Cirata'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
=3.35 / 3.703
=90.39 %

* 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.


Cirata  (OTCPK:WANSF) 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

Cirata had a gross margin of 90.39% for the quarter that ended in Dec. 2023 => Durable competitive advantage


Cirata Gross Profit Related Terms

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Cirata (Cirata) Business Description

Traded in Other Exchanges
Address
1-13 Angel Street, Castle House, Sheffield, GBR, S3 8LN
Cirata Plc is a provider of collaboration software to the software development industry. It offers Active Data Replication, a patented technology that enables the replication of continuously changing data to the cloud and on-premises data centers. The company primarily serves the big data and source code management markets. In addition, the company offers cloud migration, cloud replication, data lakes, developer collaboration, real-time analytics, and the internet of things. The company currently operates in three geographical markets: North America, Europe, and the Rest of the World. The company's largest end market by revenue in North America.