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Carly Holdings (ASX:CL8) Gross Profit : A$0.78 Mil (TTM As of Dec. 2023)


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What is Carly Holdings Gross Profit?

Carly Holdings's gross profit for the six months ended in Dec. 2023 was A$0.44 Mil. Carly Holdings's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was A$0.78 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Carly Holdings's gross profit for the six months ended in Dec. 2023 was A$0.44 Mil. Carly Holdings's Revenue for the six months ended in Dec. 2023 was A$1.62 Mil. Therefore, Carly Holdings's Gross Margin % for the quarter that ended in Dec. 2023 was 27.36%.

Carly Holdings had a gross margin of 27.36% for the quarter that ended in Dec. 2023 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of Carly Holdings was 88.11%. The lowest was 27.30%. And the median was 50.29%.

Warning Sign:

Carly Holdings Ltd gross margin has been in long-term decline. The average rate of decline per year is -6.3%.


Carly Holdings Gross Profit Historical Data

The historical data trend for Carly Holdings'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.

Carly Holdings Gross Profit Chart

Carly Holdings Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.48 0.59 0.46 0.65 0.82

Carly Holdings 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 0.14 0.51 0.49 0.33 0.44

Competitive Comparison of Carly Holdings's Gross Profit

For the Rental & Leasing Services subindustry, Carly Holdings'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.


Carly Holdings's Gross Profit Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Carly Holdings's Gross Profit distribution charts can be found below:

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



Carly Holdings Gross Profit Calculation

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

Carly Holdings's Gross Profit for the fiscal year that ended in Jun. 2023 is calculated as

Gross Profit (A: Jun. 2023 )=Revenue - Cost of Goods Sold
=2.1 - 1.28
=0.82

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

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=1.623 - 1.179
=0.44

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 A$0.78 Mil.

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

Carly Holdings'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
=0.44 / 1.623
=27.36 %

* 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.


Carly Holdings  (ASX:CL8) 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

Carly Holdings had a gross margin of 27.36% for the quarter that ended in Dec. 2023 => Competition eroding margins


Carly Holdings Gross Profit Related Terms

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Carly Holdings (ASX:CL8) Business Description

Traded in Other Exchanges
N/A
Address
189 Kent Street, Suite 3, Level 7, Sydney, NSW, AUS, 2000
Carly Holdings Ltd operates primarily in the business of offering a flexible subscription service for cars called Carly. Carly provides a flexible alternative to purchase or finance a vehicle. It has partnered with different automotive companies such as Hyundai, Subaru, Peugeot, Suttons Motors, Uber, and RACV to deliver mobility solutions.

Carly Holdings (ASX:CL8) Headlines

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