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Auscrete's gross profit for the
three
months ended in Mar. 2023 was $0.01 Mil. Auscrete's gross profit for the trailing twelve months (TTM) ended in Mar. 2023 was $0.01 Mil.
Gross Margin % is calculated as gross profit divided by its revenue. Auscrete's gross profit for the
three
months ended in Mar. 2023 was $0.01 Mil. Auscrete's Revenue for the
three
months ended in Mar. 2023 was $0.03 Mil. Therefore, Auscrete's Gross Margin % for the quarter that ended in Mar. 2023 was 32.35%.
Auscrete had a gross margin of 32.35% for the quarter that ended in Mar. 2023 => Competition eroding margins
Auscrete (OTCPK:ASCK) 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
Auscrete had a gross margin of 32.35% for the quarter that ended in Mar. 2023 => Competition eroding margins
Auscrete Gross Profit Related Terms
Auscrete Gross Profit Historical Data
* Premium members only.
The historical data trend for Auscrete'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.
For the Residential Construction subindustry, Auscrete'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.
Auscrete Gross Profit vs Homebuilding & Construction Industry
For the Homebuilding & Construction industry and Consumer Cyclical sector, Auscrete's Gross Profit distribution charts can be found below:
* The bar in red indicates where Auscrete's Gross Profit falls into.
Gross Profit for the trailing twelve months (TTM) ended in Mar. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.01 Mil.
Gross Profit is the numerator in the calculation of Gross Margin.
* 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.
Auscrete (ASCK) has a Gross Profit of $0.01 Mil as of Mar. 2023. Gross Profit equals net sales less total cost of goods sold. View historical data on Auscrete and its competitors.
Is Auscrete's Gross Profit too high?
Auscrete's current Gross Profit is $0.01 Mil.
How does Auscrete's Gross Profit compare to DHI and LEN?
Auscrete's Gross Profit of $0.01 Mil can be compared against companies in the Homebuilding & Construction industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Profit for a Homebuilding & Construction company?
A good Gross Profit depends on the Homebuilding & Construction industry context. However, Gross Profit should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Profit mean?
A high Gross Profit can signal that a stock is expensive relative to its fundamentals. Gross Profit equals net sales less total cost of goods sold. View historical data on Auscrete and its competitors. Auscrete's current Gross Profit is $0.01 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Auscrete stock overvalued right now?
Auscrete (ASCK) has a current Gross Profit of $0.01 Mil. The current Gross Profit is $0.01 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Profit calculated?
Gross Profit is calculated from a company's financial statements. For Auscrete (ASCK), the current Gross Profit is $0.01 Mil as of Mar. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Auscrete Corp is involved in technologies developed for the construction of housing. It focuses on operating as a supplier in the housing market. It utilizes its lightweight concrete technologies in the construction of housing, as well as commercial structures. Its product portfolio includes residential housing, commercial structures, and buildings in general. It specializes in concrete construction products such as cement and sand.
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