Technical Olympic (ATH:OLYMP) Gross Profit : €4.73 Mil (TTM As of Dec. 2023)

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What is Technical Olympic Gross Profit?

Technical Olympic's gross profit for the six months ended in Dec. 2023 was €1.72 Mil. Technical Olympic's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was €4.73 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Technical Olympic's gross profit for the six months ended in Dec. 2023 was €1.72 Mil. Technical Olympic's Revenue for the six months ended in Dec. 2023 was €6.82 Mil. Therefore, Technical Olympic's Gross Margin % for the quarter that ended in Dec. 2023 was 25.29%.

Technical Olympic had a gross margin of 25.29% for the quarter that ended in Dec. 2023 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of Technical Olympic was 28.97%. The lowest was -890.57%. And the median was -13.92%.

Technical Olympic Gross Profit Historical Data

The historical data trend for Technical Olympic'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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Technical Olympic Gross Profit Chart

Technical Olympic Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Gross Profit

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-3.77

-4.16

0.36

3.65

4.73

Technical Olympic 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															1.27	1.66	2.00	3.00	1.72

Competitive Comparison of Technical Olympic's Gross Profit

For the Marine Shipping subindustry, Technical Olympic'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.

Technical Olympic's Gross Profit Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Technical Olympic's Gross Profit distribution charts can be found below:

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

Technical Olympic Gross Profit Calculation

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

Technical Olympic's Gross Profit for the fiscal year that ended in Dec. 2023 is calculated as

Gross Profit (A: Dec. 2023 )	=	Revenue	-	Cost of Goods Sold
	=	16.314	-	11.588
	=	4.73

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

Gross Profit (Q: Dec. 2023 )	=	Revenue	-	Cost of Goods Sold
	=	6.817	-	5.093
	=	1.72

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 €4.73 Mil.

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

Technical Olympic'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
	=	1.72	/	6.817
	=	25.29 %

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.

Technical Olympic (ATH:OLYMP) 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

Technical Olympic had a gross margin of 25.29% for the quarter that ended in Dec. 2023 => Competition eroding margins

Technical Olympic Gross Profit Related Terms

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Technical Olympic (ATH:OLYMP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Technical Olympic SA (ATH:OLYMP) » Definitions » Gross Profit

Comparable Companies

Traded in Other Exchanges

N/A

Address

20 Solomou Street Alimos, Athens, GRC, 174 56

Website

http://www.techol.gr

Technical Olympic SA is a Greece based company engaged in the fields of homebuilding, construction of public and private projects, tourism, wind power, construction and operation of marinas and real estate development through different companies. The group has business operations in Greece and internationally. The tourist activity is represented by the group owned resort, Porto Carras. The construction activities of the company encompass railroad projects, irrigation projects, telecommunications projects, dams, marinas, harbour and drainage projects and others.

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