GURUFOCUS.COM » STOCK LIST » Technology » Software » Computer Modelling Group Ltd (OTCPK:CMDXF) » Definitions » Gross Profit

Computer Modelling Group (Computer Modelling Group) Gross Profit : $63.74 Mil (TTM As of Dec. 2023)


View and export this data going back to . Start your Free Trial

What is Computer Modelling Group Gross Profit?

Computer Modelling Group's gross profit for the three months ended in Dec. 2023 was $19.87 Mil. Computer Modelling Group's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was $63.74 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Computer Modelling Group's gross profit for the three months ended in Dec. 2023 was $19.87 Mil. Computer Modelling Group's Revenue for the three months ended in Dec. 2023 was $24.60 Mil. Therefore, Computer Modelling Group's Gross Margin % for the quarter that ended in Dec. 2023 was 80.74%.

Computer Modelling Group had a gross margin of 80.74% for the quarter that ended in Dec. 2023 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of Computer Modelling Group was 88.87%. The lowest was 0.00%. And the median was 0.00%.


Computer Modelling Group Gross Profit Historical Data

The historical data trend for Computer Modelling Group'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.

Computer Modelling Group Gross Profit Chart

Computer Modelling Group Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 55.99 54.29 53.60 52.29 53.97

Computer Modelling Group 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 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 13.03 14.81 14.18 14.88 19.87

Competitive Comparison of Computer Modelling Group's Gross Profit

For the Software - Application subindustry, Computer Modelling Group'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.


Computer Modelling Group's Gross Profit Distribution in the Software Industry

For the Software industry and Technology sector, Computer Modelling Group's Gross Profit distribution charts can be found below:

* The bar in red indicates where Computer Modelling Group's Gross Profit falls into.



Computer Modelling Group Gross Profit Calculation

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

Computer Modelling Group's Gross Profit for the fiscal year that ended in Mar. 2023 is calculated as

Gross Profit (A: Mar. 2023 )=Revenue - Cost of Goods Sold
=53.969 - 0
=53.97

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

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=24.603 - 4.738
=19.87

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 $63.74 Mil.

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

Computer Modelling Group'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
=19.87 / 24.603
=80.74 %

* 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.


Computer Modelling Group  (OTCPK:CMDXF) 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

Computer Modelling Group had a gross margin of 80.74% for the quarter that ended in Dec. 2023 => Durable competitive advantage


Computer Modelling Group Gross Profit Related Terms

Thank you for viewing the detailed overview of Computer Modelling Group's Gross Profit provided by GuruFocus.com. Please click on the following links to see related term pages.


Computer Modelling Group (Computer Modelling Group) Business Description

Traded in Other Exchanges
Address
3710 33 Street N.W., Calgary, AB, CAN, T2L 2M1
Computer Modelling Group Ltd is a Canada-based provider of reservoir simulation software for the oil and gas industry. Its capabilities include integrated analysis and optimization, black oil and unconventional simulation, reservoir and production system modelling, post-processor visualization, compositional simulation, thermal processes simulation, and fluid property characterization. The firm has operations in Americas, Europe, Middle East, Africa, and Asia-Pacific regions.