Vonex (ASX:VN8) Gross Profit

: A$21.31 Mil (TTM As of Dec. 2023)

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Vonex's gross profit for the six months ended in Dec. 2023 was A$10.71 Mil. Vonex's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was A$21.31 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Vonex's gross profit for the six months ended in Dec. 2023 was A$10.71 Mil. Vonex's Revenue for the six months ended in Dec. 2023 was A$24.37 Mil. Therefore, Vonex's Gross Margin % for the quarter that ended in Dec. 2023 was 43.93%.

Vonex had a gross margin of 43.93% for the quarter that ended in Dec. 2023 => Durable competitive advantage

During the past 7 years, the highest Gross Margin % of Vonex was 49.24%. The lowest was 30.24%. And the median was 37.81%.

Vonex Gross Profit Historical Data

The historical data trend for Vonex'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.

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Vonex Annual Data

Trend

Dec17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Gross Profit

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3.35

4.67

5.52

16.55

20.23

Vonex Semi-Annual Data
	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Gross Profit	Get a 7-Day Free Trial							7.46	9.09	9.62	10.61	10.71

Competitive Comparison

For the Telecom Services subindustry, Vonex'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.

Vonex Gross Profit Distribution

For the Telecommunication Services industry and Communication Services sector, Vonex's Gross Profit distribution charts can be found below:

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

Vonex Gross Profit Calculation

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

Vonex'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
	=	45.454	-	25.224
	=	20.23

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

Gross Profit (Q: Dec. 2023 )	=	Revenue	-	Cost of Goods Sold
	=	24.367	-	13.662
	=	10.71

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$21.31 Mil.

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

Vonex'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
	=	10.71	/	24.367
	=	43.93 %

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.

Vonex (ASX:VN8) 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

Vonex had a gross margin of 43.93% for the quarter that ended in Dec. 2023 => Durable competitive advantage

Vonex Gross Profit Related Terms

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Vonex (ASX:VN8) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Vonex Ltd (ASX:VN8) » Definitions » Gross Profit

Comparable Companies

Traded in Other Exchanges

N/A

Address

303 Coronation Drive, Level 6, Milton, QLD, AUS, 4064

Website

https://www.vonex.com.au

Vonex Ltd is an Australia-based telecommunications company. It is organized into three operating segments. The retail segment is engaged in the sale of hardware and telecommunication services including the provision of data, internet, voice (including IP voice), and other services; the Wholesale segment is engaged in offering wholesale white-label hosted PBX services under license for Internet Service Providers, Telco's and Cloud Vendors; and Corporate segment is engaged in managing the corporate affairs of the group, and special development projects such as the Oper8tor App. Geographically, the company has operations in Australia and the United States. It generates a vast majority of the revenues from the retail segment within Australia.

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