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Aeris Environmental (ASX:AEI) Gross Profit : A$1.27 Mil (TTM As of Dec. 2023)


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What is Aeris Environmental Gross Profit?

Aeris Environmental's gross profit for the six months ended in Dec. 2023 was A$0.83 Mil. Aeris Environmental's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was A$1.27 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Aeris Environmental's gross profit for the six months ended in Dec. 2023 was A$0.83 Mil. Aeris Environmental's Revenue for the six months ended in Dec. 2023 was A$1.54 Mil. Therefore, Aeris Environmental's Gross Margin % for the quarter that ended in Dec. 2023 was 53.90%.

Aeris Environmental had a gross margin of 53.90% for the quarter that ended in Dec. 2023 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of Aeris Environmental was 74.60%. The lowest was 35.73%. And the median was 57.49%.

Warning Sign:

Aeris Environmental Ltd gross margin has been in long-term decline. The average rate of decline per year is -1.9%.


Aeris Environmental Gross Profit Historical Data

The historical data trend for Aeris Environmental'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.

Aeris Environmental Gross Profit Chart

Aeris Environmental Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.45 8.00 2.76 1.21 0.95

Aeris Environmental Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Gross Profit Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.82 0.39 0.51 0.44 0.83

Competitive Comparison of Aeris Environmental's Gross Profit

For the Pollution & Treatment Controls subindustry, Aeris Environmental'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.


Aeris Environmental's Gross Profit Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Aeris Environmental's Gross Profit distribution charts can be found below:

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



Aeris Environmental Gross Profit Calculation

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

Aeris Environmental'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
=1.93 - 0.983
=0.95

Aeris Environmental's Gross Profit for the quarter that ended in Dec. 2023 is calculated as

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=1.538 - 0.709
=0.83

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was A$1.27 Mil.

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

Aeris Environmental's Gross Margin % for the quarter that ended in Dec. 2023 is calculated as

Gross Margin % (Q: Dec. 2023 )=Gross Profit (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=(Revenue - Cost of Goods Sold) / Revenue
=0.83 / 1.538
=53.90 %

* 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.


Aeris Environmental  (ASX:AEI) 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

Aeris Environmental had a gross margin of 53.90% for the quarter that ended in Dec. 2023 => Durable competitive advantage


Aeris Environmental Gross Profit Related Terms

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Aeris Environmental (ASX:AEI) Business Description

Traded in Other Exchanges
N/A
Address
Unit 5, 26-34 Dunning Avenue, Level 1, Rosebery, Sydney, NSW, AUS, 2018
Aeris Environmental Ltd is engaged in the research, development, commercialization of proprietary technologies, and distribution of the AerisGuard products and provides HVAC/R Hygiene and Remediation Technology, and Energy Efficiency services. The company provides various solutions and products such as Aerisview, Aerisguard Polymers, Aeris Smarthub, Bioactive Coil Treatment, Multi Enzyme Coil Cleaner, Surface Treatment, HD Cleaner, and others. Its geographic reportable segments are Australia and International. The company generates a majority of its revenue from Australia.

Aeris Environmental (ASX:AEI) Headlines

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