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Rubicon Technology (Rubicon Technology) Gross Profit : $-0.06 Mil (TTM As of Dec. 2023)


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What is Rubicon Technology Gross Profit?

Rubicon Technology's gross profit for the three months ended in Dec. 2023 was $-0.15 Mil. Rubicon Technology's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was $-0.06 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Rubicon Technology's gross profit for the three months ended in Dec. 2023 was $-0.15 Mil. Rubicon Technology's Revenue for the three months ended in Dec. 2023 was $0.43 Mil. Therefore, Rubicon Technology's Gross Margin % for the quarter that ended in Dec. 2023 was -36.24%.

Rubicon Technology had a gross margin of -36.24% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

During the past 13 years, the highest Gross Margin % of Rubicon Technology was 40.14%. The lowest was -132.49%. And the median was -1.25%.


Rubicon Technology Gross Profit Historical Data

The historical data trend for Rubicon Technology'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.

Rubicon Technology Gross Profit Chart

Rubicon Technology 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 1.08 1.01 1.26 1.44 -0.06

Rubicon Technology Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 0.49 0.21 -0.40 0.29 -0.15

Competitive Comparison of Rubicon Technology's Gross Profit

For the Semiconductor Equipment & Materials subindustry, Rubicon Technology'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.


Rubicon Technology's Gross Profit Distribution in the Semiconductors Industry

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

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



Rubicon Technology Gross Profit Calculation

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

Rubicon Technology'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
=1.998 - 2.056
=-0.06

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

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=0.425 - 0.579
=-0.15

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 $-0.06 Mil.

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

Rubicon Technology'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
=-0.15 / 0.425
=-36.24 %

* 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.


Rubicon Technology  (OTCPK:RBCN) 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

Rubicon Technology had a gross margin of -36.24% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage


Rubicon Technology Gross Profit Related Terms

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Rubicon Technology (Rubicon Technology) Business Description

Traded in Other Exchanges
N/A
Address
900 East Green Street, Bensenville, IL, USA, 60106
Rubicon Technology Inc is an advanced materials provider specializing in monocrystalline sapphire for applications in optical and industrial systems. The company manages its operations and ship from its owned facility located in Bensenville, Illinois. It offers optical and industrial sapphire products in various shapes and sizes, including round and rectangular windows and blanks, domes, tubes, and rods. Geographically, the group has a business presence in North America, Asia, and Other countries, of which prime revenue is derived from North America.
Executives
Timothy Brog director C/O RUBICON TECHNOLOGY, INC., 900 EAST GREEN STREET, UNIT A, BENSENVILLE IL 60106
Darren Clay Seirer director, 10 percent owner 80 EIGHTH AVENUE, SUITE 1500, NEW YORK NY 10011
Jefferson Gramm director C/O BANDERA PARTNERS LLC, 50 BROAD STREET, SUITE 1820, NEW YORK NY 10004
Janel Corp 10 percent owner 80 EIGHTH AVENUE, NEW YORK NY 10011
Michael E Mikolajczyk director 875 N. MICHIGAN AVE., STE 3000, CHICAGO IL 60611
Susan Westphal director C/O RUBICON TECHNOLOGY, INC., 900 EAST GREEN STREET, UNIT A, BENSENVILLE IL 60106
John Eidinger director 80 EIGHTH AVENUE, NEW YORK NY 10011
Dominique Schulte 10 percent owner 68 BANK STREET, NEW YORK NY 10014
Oaxaca Group L.l.c. 10 percent owner 68 BANK STREET, NEW YORK NY 10014
Kevin Timothy Lusardi officer: Chief Financial Officer 115 BROADWAY, PLEASANTVILLE NY 10570
Gregory Bylinsky 10 percent owner C/O BANDERA PARTNERS LLC, 50 BROAD STREET, SUITE 1820, NEW YORK NY 10004
Bandera Partners Llc 10 percent owner 50 BROAD STREET, SUITE 1820, NEW YORK NY 10004
Mathew Jason Rich officer: Chief Financial Officer 4501 EASTWOOD RD, MINNETONKA MN 55345
Inga A Slavutsky officer: Chief Financial Officer 920 E. GREEN ST., BENSENVILLE IL 60106
Donald R Caldwell director 5 RADNOR CORP CENTER STE 555, RADNOR PA 19087