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Tinybeans Group (ASX:TNY) Gross Profit : A$8.12 Mil (TTM As of Jun. 2024)


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What is Tinybeans Group Gross Profit?

Tinybeans Group's gross profit for the six months ended in Jun. 2024 was A$4.30 Mil. Tinybeans Group's gross profit for the trailing twelve months (TTM) ended in Jun. 2024 was A$8.12 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Tinybeans Group's gross profit for the six months ended in Jun. 2024 was A$4.30 Mil. Tinybeans Group's Revenue for the six months ended in Jun. 2024 was A$4.00 Mil. Therefore, Tinybeans Group's Gross Margin % for the quarter that ended in Jun. 2024 was 107.66%.

Tinybeans Group had a gross margin of 107.66% for the quarter that ended in Jun. 2024 => Durable competitive advantage

During the past 8 years, the highest Gross Margin % of Tinybeans Group was 100.04%. The lowest was 91.63%. And the median was 93.20%.


Tinybeans Group Gross Profit Historical Data

The historical data trend for Tinybeans 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.

* Premium members only.

Tinybeans Group Gross Profit Chart

Tinybeans Group Annual Data
Trend Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Gross Profit
Get a 7-Day Free Trial 5.77 10.07 14.22 12.57 8.15

Tinybeans Group Semi-Annual Data
Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 6.10 7.39 5.14 3.82 4.30

Competitive Comparison of Tinybeans Group's Gross Profit

For the Internet Content & Information subindustry, Tinybeans 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.


Tinybeans Group's Gross Profit Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Tinybeans Group's Gross Profit distribution charts can be found below:

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



Tinybeans Group Gross Profit Calculation

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

Tinybeans 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
=8.152 - 0
=8.15

Tinybeans 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
=3.997 - -0.306
=4.30

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 A$8.12 Mil.

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

Tinybeans 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
=4.30 / 3.997
=107.66 %

* 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.


Tinybeans Group  (ASX:TNY) 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

Tinybeans Group had a gross margin of 107.66% for the quarter that ended in Jun. 2024 => Durable competitive advantage


Tinybeans Group Gross Profit Related Terms

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Tinybeans Group Business Description

Traded in Other Exchanges
Address
126 Phillip Street, Level 5, Sydney, NSW, AUS, 2000
Tinybeans Group Ltd provides a mobile application and web platform that allows parents to record and share precious moments and milestones with family and friends privately and securely. Its products and services are advertising, premium subscriptions, photobooks, and others. Geographically, the company derives a majority of its revenue from the USA and also has a presence in Australia.

Tinybeans Group Headlines

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