Sonic Foundry's gross profit for the
three
months ended in Jun. 2021 was $6.04 Mil. Sonic Foundry's gross profit for the trailing twelve months (TTM) ended in Jun. 2021 was $26.20 Mil.
Gross Margin % is calculated as gross profit divided by its revenue. Sonic Foundry's gross profit for the
three
months ended in Jun. 2021 was $6.04 Mil. Sonic Foundry's Revenue for the
three
months ended in Jun. 2021 was $8.66 Mil. Therefore, Sonic Foundry's Gross Margin % for the quarter that ended in Jun. 2021 was 69.73%.
Sonic Foundry had a gross margin of 69.73% for the quarter that ended in Jun. 2021 => Durable competitive advantage
During the past 13 years, the highestGross Margin % of Sonic Foundry was 73.71%. The lowest was 70.83%. And the median was 72.25%.
Sonic Foundry Gross Profit Historical Data
The historical data trend for Sonic Foundry'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.
Sonic Foundry Annual Data
Trend
Sep11
Sep12
Sep13
Sep14
Sep15
Sep16
Sep17
Sep18
Sep19
Sep20
Gross Profit
27.99
26.13
24.89
25.50
25.12
Sonic Foundry Quarterly Data
Sep16
Dec16
Mar17
Jun17
Sep17
Dec17
Mar18
Jun18
Sep18
Dec18
Mar19
Jun19
Sep19
Dec19
Mar20
Jun20
Sep20
Dec20
Mar21
Jun21
Gross Profit
5.75
7.27
6.75
6.14
6.04
Competitive Comparison
For the Software - Application subindustry, Sonic Foundry'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.
Sonic Foundry Gross Profit Distribution
For the Software industry and Technology sector, Sonic Foundry's Gross Profit distribution charts can be found below:
* The bar in red indicates where Sonic Foundry's Gross Profit falls into.
Sonic Foundry Gross Profit Calculation
Gross Profit is the different between the sale prices and the cost of buying or producing the goods.
Sonic Foundry's Gross Profit for the fiscal year that ended in Sep. 2020 is calculated as
Gross Profit for the trailing twelve months (TTM) ended in Jun. 2021 adds up the quarterly data reported by the company within the most recent 12 months, which was $26.20 Mil.
Gross Profit is the numerator in the calculation of Gross Margin.
Sonic Foundry's Gross Margin % for the quarter that ended in Jun. 2021 is calculated as
* 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.
Sonic Foundry (OTCPK:SOFO) 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
Sonic Foundry had a gross margin of 69.73% for the quarter that ended in Jun. 2021 => Durable competitive advantage
Sonic Foundry Gross Profit Related Terms
Thank you for viewing the detailed overview of Sonic Foundry's Gross Profit provided by GuruFocus.com. Please click on the following links to see related term pages.
Sonic Foundry Inc is engaged in the business of providing video enterprise solutions and services for the digital-first, distance learning, and corporate communications market. It offers video capture, management, and Webcasting solutions in education, business, and government. The company also offers video solutions, including Mediasite Video Platform, Mediasite Video Cloud, Mediasite Capture Solutions, Mediasite Events, Mediasite Services, and Mediasite Customer Care. The company has a geographical presence in the United States, Europe, and the Middle East, Asia, and other places.
My Portfolios
Create New Portfolio
Portfolio Contest
My Gurus
Personalize
My Gurus
0.05(1.47%) Volume: 2,240 3:48PM EST
Email Alerts
Stock PDF
RSS
Website
Filings
Download
Manual of Stocks™ Web APP
OTCPK:SOFO has been successfully added to your 
