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Clearside Biomedical's gross profit for the three months ended in Dec. 2023 was $6.35 Mil. Clearside Biomedical's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was $7.87 Mil.
Gross Margin % is calculated as gross profit divided by its revenue. Clearside Biomedical's gross profit for the three months ended in Dec. 2023 was $6.35 Mil. Clearside Biomedical's Revenue for the three months ended in Dec. 2023 was $6.35 Mil. Therefore, Clearside Biomedical's Gross Margin % for the quarter that ended in Dec. 2023 was N/A%.
Clearside Biomedical had a gross margin of N/A% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage
During the past 11 years, the highest Gross Margin % of Clearside Biomedical was 95.68%. The lowest was 84.63%. And the median was 90.16%.
The historical data trend for Clearside Biomedical'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.
Clearside Biomedical Annual Data | |||||||||||||||||||||
Trend | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||||
Gross Profit | Get a 7-Day Free Trial | 2.17 | 7.89 | 29.58 | 1.12 | 7.87 |
Clearside Biomedical 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 | 0.13 | - | 0.81 | 0.72 | 6.35 |
For the Biotechnology subindustry, Clearside Biomedical'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.
For the Biotechnology industry and Healthcare sector, Clearside Biomedical's Gross Profit distribution charts can be found below:
* The bar in red indicates where Clearside Biomedical's Gross Profit falls into.
Gross Profit is the different between the sale prices and the cost of buying or producing the goods.
Clearside Biomedical'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 |
= | 8.226 | - | 0.355 | |
= | 7.87 |
Clearside Biomedical's Gross Profit for the quarter that ended in Dec. 2023 is calculated as
Gross Profit (Q: Dec. 2023 ) | = | Revenue | - | Cost of Goods Sold |
= | 6.345 | - | 0 | |
= | 6.35 |
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 $7.87 Mil.
Gross Profit is the numerator in the calculation of Gross Margin. (Note that if there's no value for Cost of Goods Sold, then Gross Margin % is not calculated.)
Clearside Biomedical'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 | |
= | 6.35 | / | 6.345 | |
= | N/A % |
* 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.
Clearside Biomedical (NAS:CLSD) 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
Clearside Biomedical had a gross margin of N/A% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage
Thank you for viewing the detailed overview of Clearside Biomedical's Gross Profit provided by GuruFocus.com. Please click on the following links to see related term pages.
Charles A. Deignan | officer: Chief Financial Officer | C/O CLEARSIDE BIOMEDICAL, INC., 1220 OLD ALPHARETTA ROAD, SUITE 300, ALPHARETTA GA 30005 |
George M Lasezkay | director | 1301 SECOND AVE., SUITE 4200, SEATTLE WA 98101 |
Bradford T Whitmore | 10 percent owner | 5215 OLD ORCHARD ROAD, SUITE 620, SKOKIE IL 60077 |
Nancy J Hutson | director | 64 MONTAUK AVENUE, STONINGTON CT 06378 |
Clay Thorp | director, 10 percent owner | C/O HATTERAS VENTURE PARTNERS III, LP, 280 S. MANGUM ST., SUITE 350, DURHAM NC 27701 |
Thomas Ciulla | officer: Chief Medical Officer | C/O CLEARSIDE BIOMEDICAL, INC., 900 NORTH POINT PARKWAY, SUITE 200, ALPHARETTA GA 30005 |
Benjamin R Yerxa | director | INSPIRE PHARMACEUTICALS, INC.,, 4222 EMPEROR BLVD., STE. 470, DURHAM NC 27703-8466 |
William D. Humphries | director | C/O STRATA SKIN SCIENCES, INC., 5 WALNUT GROVE DRIVE SUITE 140, HORSHAM PA 19044 |
Jeffrey L Edwards | director | 2525 DUPONT DR, IRVINE CA 92612 |
Daniel H. White | director, officer: President and CEO | C/O CLEARSIDE BIOMEDICAL, INC., 1220 OLD ALPHARETTA ROAD, SUITE 300, ALPHARETTA GA 30005 |
Gerald D. Cagle | director | 135 U.S. HIGHWAY 206, SUITE 15, BEDMINSTER NJ 07921 |
Brion S. Raymond | officer: Chief Commercial Officer | C/O CLEARSIDE BIOMEDICAL, INC., 1220 OLD ALPHARETTA ROAD, SUITE 300, ALPHARETTA GA 30005 |
Christy L Shaffer | director | INSPIRE PHARMACEUTICALS, INC.,, 4222 EMPEROR BLVD., STE. 470, DURHAM NC 27703-8466 |
Hatteras Venture Advisors Iv Sbic, Llc | 10 percent owner | 280 S. MANGUM STREET, SUITE 350, DURHAM NC 27701 |
Hatteras Venture Advisors Iii, Llc | 10 percent owner | 280 S. MANGUM STREET, SUITE 350, DURHAM NC 27701 |
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