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GigaMedia (GigaMedia) Gross Profit : $2.57 Mil (TTM As of Sep. 2023)


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What is GigaMedia Gross Profit?

GigaMedia's gross profit for the three months ended in Sep. 2023 was $0.58 Mil. GigaMedia's gross profit for the trailing twelve months (TTM) ended in Sep. 2023 was $2.57 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. GigaMedia's gross profit for the three months ended in Sep. 2023 was $0.58 Mil. GigaMedia's Revenue for the three months ended in Sep. 2023 was $1.07 Mil. Therefore, GigaMedia's Gross Margin % for the quarter that ended in Sep. 2023 was 54.44%.

GigaMedia had a gross margin of 54.44% for the quarter that ended in Sep. 2023 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of GigaMedia was 58.19%. The lowest was 13.29%. And the median was 53.41%.


GigaMedia Gross Profit Historical Data

The historical data trend for GigaMedia'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.

GigaMedia Gross Profit Chart

GigaMedia Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.52 3.58 3.92 2.91 3.25

GigaMedia Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 0.95 0.63 0.79 0.57 0.58

Competitive Comparison of GigaMedia's Gross Profit

For the Electronic Gaming & Multimedia subindustry, GigaMedia'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.


GigaMedia's Gross Profit Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, GigaMedia's Gross Profit distribution charts can be found below:

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



GigaMedia Gross Profit Calculation

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

GigaMedia's Gross Profit for the fiscal year that ended in Dec. 2022 is calculated as

Gross Profit (A: Dec. 2022 )=Revenue - Cost of Goods Sold
=5.585 - 2.335
=3.25

GigaMedia's Gross Profit for the quarter that ended in Sep. 2023 is calculated as

Gross Profit (Q: Sep. 2023 )=Revenue - Cost of Goods Sold
=1.071 - 0.488
=0.58

Gross Profit for the trailing twelve months (TTM) ended in Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $2.57 Mil.

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

GigaMedia's Gross Margin % for the quarter that ended in Sep. 2023 is calculated as

Gross Margin % (Q: Sep. 2023 )=Gross Profit (Q: Sep. 2023 ) / Revenue (Q: Sep. 2023 )
=(Revenue - Cost of Goods Sold) / Revenue
=0.58 / 1.071
=54.44 %

* 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.


GigaMedia  (NAS:GIGM) 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

GigaMedia had a gross margin of 54.44% for the quarter that ended in Sep. 2023 => Durable competitive advantage


GigaMedia Gross Profit Related Terms

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GigaMedia (GigaMedia) Business Description

Traded in Other Exchanges
Address
Section 2, Tiding Boulevard, Lane 407, 8th Floor, No. 22, Neihu District, Taipei, TWN, 114
GigaMedia Ltd is a publisher of online games. It has only one reportable segment, Digital Entertainment service. Digital Entertainment service business operates a portfolio of online games, mainly targeting online game players across Europe, Asia, including Greater China and Southeast Asia. The company's portfolio of online games includes predominantly PC-based, non-cash gambling or casino casual games, including MahJong and various card and table games. The company's product lines include MahJong, AkaSeka, Yume 100, Fun Vegas, and others. The company operates in Taiwan and Hong Kong.
Executives
Cheng-ming Huang director, officer: CEO 8F, NO.22, LANE 407, SEC. 2 TIDING BLVD., TAIPEI F5 114
Hwang Collin director 8F, NO. 22, LANE 407, SECTION 2, TIDING BLVD., TAIPEI F5 114
Criterion Capital Partners Master Fund, L.p. 10 percent owner STRATHVALE HOUSE-GROUND FLOOR, NORTH CHURCH STREET, GEORGE TOWN E9 00000
Sanjay Motwani other: N/A C/O SANSAR CAPITAL MANAGEMENT, L.L.C., 25 WEST 53RD STREET, NEW YORK NY 10019
Sansar Performance, L.p. other: N/A C/O SANSAR CAPITAL MANAGEMENT, L.L.C., 25 WEST 53RD STREET, NEW YORK NY 10019
Sansar Capital Master Fund, L.p. other: N/A C/O SANSAR CAPITAL MANAGEMENT, L.L.C., 25 WEST 53RD STREET, NEW YORK NY 10019
Sansar Capital Special Opportunity Master Fund, L.p. other: N/A 25 W 53RD STREET, 14TH FLOOR, NEW YORK NY 10019
Sansar Capital Management, L.l.c. other: N/A 25 W 53RD STREET, 14TH FLOOR, NEW YORK NY 10019

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