GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Bolsa Mexicana de Valores SAB de CV (OTCPK:BOMXF) » Definitions » Gross Profit

Bolsa Mexicana de ValoresB de CV (Bolsa Mexicana de ValoresB de CV) Gross Profit : $132.7 Mil (TTM As of Jun. 2023)


View and export this data going back to 2009. Start your Free Trial

What is Bolsa Mexicana de ValoresB de CV Gross Profit?

Bolsa Mexicana de ValoresB de CV's gross profit for the three months ended in Jun. 2023 was $34.6 Mil. Bolsa Mexicana de ValoresB de CV's gross profit for the trailing twelve months (TTM) ended in Jun. 2023 was $132.7 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Bolsa Mexicana de ValoresB de CV's gross profit for the three months ended in Jun. 2023 was $34.6 Mil. Bolsa Mexicana de ValoresB de CV's Revenue for the three months ended in Jun. 2023 was $55.2 Mil. Therefore, Bolsa Mexicana de ValoresB de CV's Gross Margin % for the quarter that ended in Jun. 2023 was 62.68%.

Bolsa Mexicana de ValoresB de CV had a gross margin of 62.68% for the quarter that ended in Jun. 2023 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of Bolsa Mexicana de ValoresB de CV was 68.46%. The lowest was 27.44%. And the median was 63.25%.


Bolsa Mexicana de ValoresB de CV Gross Profit Historical Data

The historical data trend for Bolsa Mexicana de ValoresB de CV'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.

Bolsa Mexicana de ValoresB de CV Gross Profit Chart

Bolsa Mexicana de ValoresB de CV Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 109.58 120.23 130.84 123.98 137.30

Bolsa Mexicana de ValoresB de CV Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
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 33.57 32.27 27.22 38.62 34.57

Competitive Comparison of Bolsa Mexicana de ValoresB de CV's Gross Profit

For the Financial Data & Stock Exchanges subindustry, Bolsa Mexicana de ValoresB de CV'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.


Bolsa Mexicana de ValoresB de CV's Gross Profit Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Bolsa Mexicana de ValoresB de CV's Gross Profit distribution charts can be found below:

* The bar in red indicates where Bolsa Mexicana de ValoresB de CV's Gross Profit falls into.



Bolsa Mexicana de ValoresB de CV Gross Profit Calculation

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

Bolsa Mexicana de ValoresB de CV's Gross Profit for the fiscal year that ended in Dec. 2022 is calculated as

Gross Profit (A: Dec. 2022 )=Revenue - Cost of Goods Sold
=200.778 - 63.483
=137.3

Bolsa Mexicana de ValoresB de CV's Gross Profit for the quarter that ended in Jun. 2023 is calculated as

Gross Profit (Q: Jun. 2023 )=Revenue - Cost of Goods Sold
=55.158 - 20.587
=34.6

Gross Profit for the trailing twelve months (TTM) ended in Jun. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $132.7 Mil.

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

Bolsa Mexicana de ValoresB de CV'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
=34.6 / 55.158
=62.68 %

* 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.


Bolsa Mexicana de ValoresB de CV  (OTCPK:BOMXF) 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

Bolsa Mexicana de ValoresB de CV had a gross margin of 62.68% for the quarter that ended in Jun. 2023 => Durable competitive advantage


Bolsa Mexicana de ValoresB de CV Gross Profit Related Terms

Thank you for viewing the detailed overview of Bolsa Mexicana de ValoresB de CV's Gross Profit provided by GuruFocus.com. Please click on the following links to see related term pages.


Bolsa Mexicana de ValoresB de CV (Bolsa Mexicana de ValoresB de CV) Business Description

Traded in Other Exchanges
Address
Avenida Paseo de la Reforma 255, Colonia Cuauhtemoc, Mexico, DF, MEX, 06500
Bolsa Mexicana de Valores SAB de CV or Grupo BMV is a public securities exchange operating in Mexico but with listings from both Mexican and foreign issuers. Its services include trading, listing, custody, clearing, and settlement, as well as counterparty services and data sales. The company's largest sources of revenue include cash equities, derivatives, over-the-counter activity, issuers, custody, and information services. Much of the company's revenue is driven by trading volume. The company's largest costs are personnel and technology-related. As with most exchanges, Grupo BMV heavily relies on technology to deliver its services.

Bolsa Mexicana de ValoresB de CV (Bolsa Mexicana de ValoresB de CV) Headlines

From GuruFocus