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Fire & Gas Detection Technologies (XTAE:FGAS) Gross Profit : ₪13.26 Mil (TTM As of Dec. 2024)


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What is Fire & Gas Detection Technologies Gross Profit?

Fire & Gas Detection Technologies's gross profit for the six months ended in Dec. 2024 was ₪6.76 Mil. Fire & Gas Detection Technologies's gross profit for the trailing twelve months (TTM) ended in Dec. 2024 was ₪13.26 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Fire & Gas Detection Technologies's gross profit for the six months ended in Dec. 2024 was ₪6.76 Mil. Fire & Gas Detection Technologies's Revenue for the six months ended in Dec. 2024 was ₪19.41 Mil. Therefore, Fire & Gas Detection Technologies's Gross Margin % for the quarter that ended in Dec. 2024 was 34.82%.

Fire & Gas Detection Technologies had a gross margin of 34.82% for the quarter that ended in Dec. 2024 => Competition eroding margins

During the past 7 years, the highest Gross Margin % of Fire & Gas Detection Technologies was 44.11%. The lowest was -3441.33%. And the median was 12.40%.


Fire & Gas Detection Technologies Gross Profit Historical Data

The historical data trend for Fire & Gas Detection Technologies'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.

Fire & Gas Detection Technologies Gross Profit Chart

Fire & Gas Detection Technologies Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Gross Profit
Get a 7-Day Free Trial -0.19 1.25 5.62 13.33 13.26

Fire & Gas Detection Technologies Semi-Annual Data
Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
Gross Profit Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.71 5.99 7.34 6.50 6.76

Competitive Comparison of Fire & Gas Detection Technologies's Gross Profit

For the Oil & Gas Equipment & Services subindustry, Fire & Gas Detection Technologies'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.


Fire & Gas Detection Technologies's Gross Profit Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Fire & Gas Detection Technologies's Gross Profit distribution charts can be found below:

* The bar in red indicates where Fire & Gas Detection Technologies's Gross Profit falls into.


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Fire & Gas Detection Technologies Gross Profit Calculation

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

Fire & Gas Detection Technologies's Gross Profit for the fiscal year that ended in Dec. 2024 is calculated as

Gross Profit (A: Dec. 2024 )=Revenue - Cost of Goods Sold
=34.794 - 21.538
=13.26

Fire & Gas Detection Technologies's Gross Profit for the quarter that ended in Dec. 2024 is calculated as

Gross Profit (Q: Dec. 2024 )=Revenue - Cost of Goods Sold
=19.407 - 12.649
=6.76

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was ₪13.26 Mil.

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

Fire & Gas Detection Technologies's Gross Margin % for the quarter that ended in Dec. 2024 is calculated as

Gross Margin % (Q: Dec. 2024 )=Gross Profit (Q: Dec. 2024 ) / Revenue (Q: Dec. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=6.76 / 19.407
=34.82 %

* 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.


Fire & Gas Detection Technologies  (XTAE:FGAS) 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

Fire & Gas Detection Technologies had a gross margin of 34.82% for the quarter that ended in Dec. 2024 => Competition eroding margins


Fire & Gas Detection Technologies Gross Profit Related Terms

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Fire & Gas Detection Technologies Business Description

Traded in Other Exchanges
N/A
Address
Kibbutz Bror Hayil, Ashkelon Beach, Ashkelon, ISR, 693709
Fire & Gas Detection Technologies Ltd is engaged in the business of providing flame detection systems to the Oil & Gas industry.

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