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ADM Tronics Unlimited (ADM Tronics Unlimited) Gross Profit : $1.09 Mil (TTM As of Dec. 2023)


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What is ADM Tronics Unlimited Gross Profit?

ADM Tronics Unlimited's gross profit for the three months ended in Dec. 2023 was $0.32 Mil. ADM Tronics Unlimited's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was $1.09 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. ADM Tronics Unlimited's gross profit for the three months ended in Dec. 2023 was $0.32 Mil. ADM Tronics Unlimited's Revenue for the three months ended in Dec. 2023 was $0.70 Mil. Therefore, ADM Tronics Unlimited's Gross Margin % for the quarter that ended in Dec. 2023 was 46.12%.

ADM Tronics Unlimited had a gross margin of 46.12% for the quarter that ended in Dec. 2023 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of ADM Tronics Unlimited was 53.38%. The lowest was 37.59%. And the median was 46.52%.

Warning Sign:

ADM Tronics Unlimited Inc gross margin has been in long-term decline. The average rate of decline per year is -4.4%.


ADM Tronics Unlimited Gross Profit Historical Data

The historical data trend for ADM Tronics Unlimited'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.

ADM Tronics Unlimited Gross Profit Chart

ADM Tronics Unlimited Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.56 1.57 1.16 1.25 1.66

ADM Tronics Unlimited 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 0.48 0.24 0.33 0.21 0.32

Competitive Comparison of ADM Tronics Unlimited's Gross Profit

For the Medical Devices subindustry, ADM Tronics Unlimited'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.


ADM Tronics Unlimited's Gross Profit Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, ADM Tronics Unlimited's Gross Profit distribution charts can be found below:

* The bar in red indicates where ADM Tronics Unlimited's Gross Profit falls into.



ADM Tronics Unlimited Gross Profit Calculation

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

ADM Tronics Unlimited's Gross Profit for the fiscal year that ended in Mar. 2023 is calculated as

Gross Profit (A: Mar. 2023 )=Revenue - Cost of Goods Sold
=3.677 - 2.019
=1.66

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

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=0.696 - 0.375
=0.32

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 $1.09 Mil.

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

ADM Tronics Unlimited'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
=0.32 / 0.696
=46.12 %

* 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.


ADM Tronics Unlimited  (OTCPK:ADMT) 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

ADM Tronics Unlimited had a gross margin of 46.12% for the quarter that ended in Dec. 2023 => Durable competitive advantage


ADM Tronics Unlimited Gross Profit Related Terms

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ADM Tronics Unlimited (ADM Tronics Unlimited) Business Description

Traded in Other Exchanges
N/A
Address
224 Pegasus Avenue, Northvale, NJ, USA, 07647
ADM Tronics Unlimited Inc is a diversified, technology-based developer and manufacturer of technologies and products in the United States. The company's operating segment includes Chemical; Electronics and Engineering. It generates maximum revenue from the Electronics segment. The Electronics segment develops and manufactures electronic technologies for non-invasive, electrotherapeutic and diagnostic medical devices as well as for veterinary and other applications. It derives revenue from the production and sale of electronics for medical devices and other applications; environmentally safe chemical products for industrial, medical and cosmetic uses; research, development, regulatory, and engineering services.