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Vittia (BSP:VITT3) Gross Profit : R$276.1 Mil (TTM As of Dec. 2023)


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What is Vittia Gross Profit?

Vittia's gross profit for the three months ended in Dec. 2023 was R$85.8 Mil. Vittia's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was R$276.1 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Vittia's gross profit for the three months ended in Dec. 2023 was R$85.8 Mil. Vittia's Revenue for the three months ended in Dec. 2023 was R$243.3 Mil. Therefore, Vittia's Gross Margin % for the quarter that ended in Dec. 2023 was 35.27%.

Vittia had a gross margin of 35.27% for the quarter that ended in Dec. 2023 => Competition eroding margins

During the past 4 years, the highest Gross Margin % of Vittia was 42.67%. The lowest was 36.51%. And the median was 37.45%.


Vittia Gross Profit Historical Data

The historical data trend for Vittia'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.

Vittia Gross Profit Chart

Vittia Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Gross Profit
193.89 121.06 326.47 276.07

Vittia Quarterly Data
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 90.86 57.35 11.88 121.02 85.82

Competitive Comparison of Vittia's Gross Profit

For the Agricultural Inputs subindustry, Vittia'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.


Vittia's Gross Profit Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, Vittia's Gross Profit distribution charts can be found below:

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



Vittia Gross Profit Calculation

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

Vittia'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
=756.109 - 480.042
=276.1

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

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=243.298 - 157.477
=85.8

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 R$276.1 Mil.

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

Vittia'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
=85.8 / 243.298
=35.27 %

* 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.


Vittia  (BSP:VITT3) 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

Vittia had a gross margin of 35.27% for the quarter that ended in Dec. 2023 => Competition eroding margins


Vittia Gross Profit Related Terms

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Vittia (BSP:VITT3) Business Description

Traded in Other Exchanges
N/A
Address
Avenue Marginal Left, 2,000 Via Anhanguera Km 383, Sao Joaquim da Barra, SP, BRA, 14,600-000
Vittia SA is a Brazilian biotech company (biopesticides and inoculants) that offers special plant nutrition with solutions for several agricultural crops. It engages in the production of high-tech inputs for agriculture and has several products in the Inoculants, Adjuvants, Acaricides, Soil Conditioners, Biological Pesticides (Macro and microorganisms), Foliar Fertilizer lines, Organomineral Fertilizers, Granulated Micronutrients for Soil and Salts for Agriculture and Livestock.

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