Acusensus (ASX:ACE) Gross Profit : A$18.44 Mil (TTM As of Jun. 2023)

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What is Acusensus Gross Profit?

Acusensus's gross profit for the six months ended in Jun. 2023 was A$18.44 Mil. Acusensus's gross profit for the trailing twelve months (TTM) ended in Jun. 2023 was A$18.44 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Acusensus's gross profit for the six months ended in Jun. 2023 was A$18.44 Mil. Acusensus's Revenue for the six months ended in Jun. 2023 was A$42.01 Mil. Therefore, Acusensus's Gross Margin % for the quarter that ended in Jun. 2023 was 43.90%.

Acusensus had a gross margin of 43.90% for the quarter that ended in Jun. 2023 => Durable competitive advantage

During the past 2 years, the highest Gross Margin % of Acusensus was 43.90%. The lowest was 43.90%. And the median was 43.90%.

Acusensus Gross Profit Historical Data

The historical data trend for Acusensus'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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Acusensus Gross Profit Chart

Acusensus Annual Data

Trend

Jun22

Jun23

Gross Profit

18.44

Acusensus Semi-Annual Data
	Jun22	Jun23
Gross Profit	-	18.44

Competitive Comparison of Acusensus's Gross Profit

For the Software - Infrastructure subindustry, Acusensus'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.

Acusensus's Gross Profit Distribution in the Software Industry

For the Software industry and Technology sector, Acusensus's Gross Profit distribution charts can be found below:

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

Acusensus Gross Profit Calculation

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

Acusensus's Gross Profit for the fiscal year that ended in Jun. 2023 is calculated as

Gross Profit (A: Jun. 2023 )	=	Revenue	-	Cost of Goods Sold
	=	42.005	-	23.566
	=	18.44

Acusensus's Gross Profit for the quarter that ended in Jun. 2023 is calculated as

Gross Profit (Q: Jun. 2023 )	=	Revenue	-	Cost of Goods Sold
	=	42.005	-	23.566
	=	18.44

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Gross Profit for the trailing twelve months (TTM) ended in Jun. 2023 was A$18.44 Mil.

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

Acusensus's Gross Margin % for the quarter that ended in Jun. 2023 is calculated as

Gross Margin % (Q: Jun. 2023 )	=	Gross Profit (Q: Jun. 2023 )	/	Revenue (Q: Jun. 2023 )
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	18.44	/	42.005
	=	43.90 %

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.

Acusensus (ASX:ACE) 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

Acusensus had a gross margin of 43.90% for the quarter that ended in Jun. 2023 => Durable competitive advantage

Acusensus Gross Profit Related Terms

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Acusensus (ASX:ACE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Acusensus Ltd (ASX:ACE) » Definitions » Gross Profit

Comparable Companies

Traded in Other Exchanges

N/A

Address

31 Queen Street, Level 6, Melbourne, VIC, AUS, 3000

Website

https://www.acusensus.com

Acusensus Ltd is involved in developing and commercializing intelligent traffic solutions technology. Its 'Heads-Up' solution has been designed to give authorities a tool to address distraction and other illegal driver behavior, to drive behavioral change on the road network. It also provides Data security solutions. The company's main objective is to Pioneer intelligent solutions to tackle difficult societal challenges, reduce road trauma and save lives. Geographically the company generates the majority of its revenue from Australia.

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