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Visionary Holdings (Visionary Holdings) Gross Profit : $4.42 Mil (TTM As of Sep. 2023)


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What is Visionary Holdings Gross Profit?

Visionary Holdings's gross profit for the six months ended in Sep. 2023 was $1.69 Mil. Visionary Holdings's gross profit for the trailing twelve months (TTM) ended in Sep. 2023 was $4.42 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Visionary Holdings's gross profit for the six months ended in Sep. 2023 was $1.69 Mil. Visionary Holdings's Revenue for the six months ended in Sep. 2023 was $4.95 Mil. Therefore, Visionary Holdings's Gross Margin % for the quarter that ended in Sep. 2023 was 34.15%.

Visionary Holdings had a gross margin of 34.15% for the quarter that ended in Sep. 2023 => Competition eroding margins

During the past 4 years, the highest Gross Margin % of Visionary Holdings was 61.74%. The lowest was 38.38%. And the median was 52.49%.


Visionary Holdings Gross Profit Historical Data

The historical data trend for Visionary Holdings'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.

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Visionary Holdings Gross Profit Chart

Visionary Holdings Annual Data
Trend Mar20 Mar21 Mar22 Mar23
Gross Profit
0.58 4.27 2.61 3.76

Visionary Holdings Semi-Annual Data
Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
Gross Profit Get a 7-Day Free Trial 1.75 0.86 1.03 2.73 1.69

Competitive Comparison of Visionary Holdings's Gross Profit

For the Education & Training Services subindustry, Visionary Holdings'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.


Visionary Holdings's Gross Profit Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, Visionary Holdings's Gross Profit distribution charts can be found below:

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



Visionary Holdings Gross Profit Calculation

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

Visionary Holdings'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
=8.433 - 4.67
=3.76

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

Gross Profit (Q: Sep. 2023 )=Revenue - Cost of Goods Sold
=4.954 - 3.262
=1.69

Gross Profit for the trailing twelve months (TTM) ended in Sep. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $4.42 Mil.

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

Visionary Holdings'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
=1.69 / 4.954
=34.15 %

* 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.


Visionary Holdings  (NAS:GV) 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

Visionary Holdings had a gross margin of 34.15% for the quarter that ended in Sep. 2023 => Competition eroding margins


Visionary Holdings Gross Profit Related Terms

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Visionary Holdings (Visionary Holdings) Business Description

Traded in Other Exchanges
N/A
Address
105 Moatfield Drive, Unit 1003, Toronto, ON, CAN, M3B 0A2
Visionary Education Technology Holdings Group Inc engaged in education related businesses, which includes high school education programs, real estate development, vocational education, online education and other education-related consulting services.