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AltiGen Communications (AltiGen Communications) Gross Profit : $4.09 Mil (TTM As of Dec. 2023)


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What is AltiGen Communications Gross Profit?

AltiGen Communications's gross profit for the three months ended in Dec. 2023 was $1.95 Mil. AltiGen Communications's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was $4.09 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. AltiGen Communications's gross profit for the three months ended in Dec. 2023 was $1.95 Mil. AltiGen Communications's Revenue for the three months ended in Dec. 2023 was $3.24 Mil. Therefore, AltiGen Communications's Gross Margin % for the quarter that ended in Dec. 2023 was 60.31%.

AltiGen Communications had a gross margin of 60.31% for the quarter that ended in Dec. 2023 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of AltiGen Communications was 84.86%. The lowest was 61.91%. And the median was 78.69%.

Warning Sign:

AltiGen Communications Inc gross margin has been in long-term decline. The average rate of decline per year is -5.6%.


AltiGen Communications Gross Profit Historical Data

The historical data trend for AltiGen Communications'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.

AltiGen Communications Gross Profit Chart

AltiGen Communications Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.65 9.07 7.92 8.09 8.65

AltiGen Communications Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 2.28 2.21 2.14 - 1.95

Competitive Comparison of AltiGen Communications's Gross Profit

For the Telecom Services subindustry, AltiGen Communications'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.


AltiGen Communications's Gross Profit Distribution in the Telecommunication Services Industry

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

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



AltiGen Communications Gross Profit Calculation

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

AltiGen Communications's Gross Profit for the fiscal year that ended in Sep. 2023 is calculated as

Gross Profit (A: Sep. 2023 )=Revenue - Cost of Goods Sold
=13.681 - 5.033
=8.65

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

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=3.24 - 1.286
=1.95

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 $4.09 Mil.

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

AltiGen Communications'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
=1.95 / 3.24
=60.31 %

* 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.


AltiGen Communications  (OTCPK:ATGN) 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

AltiGen Communications had a gross margin of 60.31% for the quarter that ended in Dec. 2023 => Durable competitive advantage


AltiGen Communications Gross Profit Related Terms

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AltiGen Communications (AltiGen Communications) Business Description

Traded in Other Exchanges
N/A
Address
670 N McCarthy Boulevard, Suite 200, Milpitas, CA, USA, 95035
AltiGen Communications Inc is a provider of cloud-based Internet Protocol-private branch exchange (IP-PBX) and Contact Center solutions. The company designs, delivers, and supports Voice over Internet Protocol (VoIP) phone systems and call center solutions. Its Unified Communications solutions are designed with an open architecture and its integrated Internet protocol (IP) applications suite provides customers with a business communications solution. It derives a majority of its revenue from the Hosted services.
Executives
Jeremiah Fleming officer: President & COO 4555 CUSHING PARKWAY, FREMONT CA 94538
Miller Lloyd I Iii 10 percent owner
Gilbert Hu director, officer: Chief Executive Officer
Wanger Long Term Opportunity Fund Ii, Lp 10 percent owner 401 N. MICHIGAN AVE., SUITE 1301, CHICAGO IL 60611
Alan B Howe director 1155 KAS DRIVE SUITE 100, RICHARDSON TX 75081
Alan Bradley Howe director 1301 AVENUE OF THE AMERICAS, 7TH FLOOR, NEW YORK NY 10019
Wltof Gp Llc 10 percent owner 401 N. MICHIGAN AVE., SUITE 1301, CHICAGO IL 60611
Philip M Mcdermott officer: Chief Financial Officer
Wanger Investment Mangagement, Llc director 401 N. MICHIGAN AVE., SUITE 1301, CHICAGO IL 60611
Eric Wanger director 401 N. MICHIGAN AVE., SUITE 1301, CHICAGO IL 60611
Michael E Plumer officer: VP of Sales 213 RYDER STREET, SAN MATEO CA 94401
Tsai Mike Mon Yen director 28620 MATADERO CREEK COURT, LOS ALTOS CA 94022
Tacheng Wang director 27101 HORSESHOE LANE, LOS ALTOS HILLS CA 94022
Kenneth Tai director C/O ALTIGEN COMMUNICATIONS INC, 47429 FREMONT BLVD, FREMONT CA 94538
Sun Shirley Tsyr Yi officer: VP of Research & Development