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ADBGF (Adore Beauty Group) Gross Profit : $43.7 Mil (TTM As of Jun. 2024)


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What is Adore Beauty Group Gross Profit?

Adore Beauty Group's gross profit for the six months ended in Jun. 2024 was $21.1 Mil. Adore Beauty Group's gross profit for the trailing twelve months (TTM) ended in Jun. 2024 was $43.7 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Adore Beauty Group's gross profit for the six months ended in Jun. 2024 was $21.1 Mil. Adore Beauty Group's Revenue for the six months ended in Jun. 2024 was $63.1 Mil. Therefore, Adore Beauty Group's Gross Margin % for the quarter that ended in Jun. 2024 was 33.37%.

Adore Beauty Group had a gross margin of 33.37% for the quarter that ended in Jun. 2024 => Competition eroding margins

During the past 5 years, the highest Gross Margin % of Adore Beauty Group was 33.45%. The lowest was 32.82%. And the median was 33.20%.


Adore Beauty Group Gross Profit Historical Data

The historical data trend for Adore Beauty 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.

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Adore Beauty Group Gross Profit Chart

Adore Beauty Group Annual Data
Trend Jun20 Jun21 Jun22 Jun23 Jun24
Gross Profit
- 45.32 46.76 39.77 43.47

Adore Beauty Group Semi-Annual Data
Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Gross Profit Get a 7-Day Free Trial 20.48 20.58 19.30 22.59 21.06

Competitive Comparison of Adore Beauty Group's Gross Profit

For the Specialty Retail subindustry, Adore Beauty 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.


Adore Beauty Group's Gross Profit Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Adore Beauty Group's Gross Profit distribution charts can be found below:

* The bar in red indicates where Adore Beauty Group's Gross Profit falls into.



Adore Beauty Group Gross Profit Calculation

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

Adore Beauty Group's Gross Profit for the fiscal year that ended in Jun. 2024 is calculated as

Gross Profit (A: Jun. 2024 )=Revenue - Cost of Goods Sold
=129.959 - 86.487
=43.5

Adore Beauty Group's Gross Profit for the quarter that ended in Jun. 2024 is calculated as

Gross Profit (Q: Jun. 2024 )=Revenue - Cost of Goods Sold
=63.113 - 42.051
=21.1

Gross Profit for the trailing twelve months (TTM) ended in Jun. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was $43.7 Mil.

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

Adore Beauty Group's Gross Margin % for the quarter that ended in Jun. 2024 is calculated as

Gross Margin % (Q: Jun. 2024 )=Gross Profit (Q: Jun. 2024 ) / Revenue (Q: Jun. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=21.1 / 63.113
=33.37 %

* 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.


Adore Beauty Group  (OTCPK:ADBGF) 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

Adore Beauty Group had a gross margin of 33.37% for the quarter that ended in Jun. 2024 => Competition eroding margins


Adore Beauty Group Gross Profit Related Terms

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Adore Beauty Group Business Description

Traded in Other Exchanges
Address
421 High Street, Level 1, Northcote, VIC, AUS, 3070
Adore Beauty Group Ltd is engaged in the online sale of cosmetics. It offers various products including skin care, hair care, body care, cosmetics, fragrances, oral care, and dietary supplements among others. The firm generates revenue through the sale of beauty and personal care products online.

Adore Beauty Group Headlines

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