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Evergent Investments (BSE:EVER) Gross Profit : lei209.9 Mil (TTM As of Jun. 2024)


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What is Evergent Investments Gross Profit?

Evergent Investments's gross profit for the six months ended in Jun. 2024 was lei106.4 Mil. Evergent Investments's gross profit for the trailing twelve months (TTM) ended in Jun. 2024 was lei209.9 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Evergent Investments's gross profit for the six months ended in Jun. 2024 was lei106.4 Mil. Evergent Investments's Revenue for the six months ended in Jun. 2024 was lei127.2 Mil. Therefore, Evergent Investments's Gross Margin % for the quarter that ended in Jun. 2024 was 83.61%.

Evergent Investments had a gross margin of 83.61% for the quarter that ended in Jun. 2024 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of Evergent Investments was 122.90%. The lowest was 50.87%. And the median was 78.78%.

Warning Sign:

Evergent Investments SA gross margin has been in long-term decline. The average rate of decline per year is -6.2%.


Evergent Investments Gross Profit Historical Data

The historical data trend for Evergent Investments'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.

Evergent Investments Gross Profit Chart

Evergent Investments Annual Data
Trend Dec12 Dec13 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 152.60 95.35 60.57 126.48 143.30

Evergent Investments Semi-Annual Data
Dec10 Dec11 Dec12 Dec13 Dec16 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 87.35 39.13 39.79 103.51 106.39

Competitive Comparison of Evergent Investments's Gross Profit

For the Asset Management subindustry, Evergent Investments'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.


Evergent Investments's Gross Profit Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Evergent Investments's Gross Profit distribution charts can be found below:

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



Evergent Investments Gross Profit Calculation

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

Evergent Investments'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
=179.165 - 35.865
=143.3

Evergent Investments's Gross Profit for the quarter that ended in Jun. 2024 is calculated as

Gross Profit (Q: Jun. 2024 )=Revenue - Cost of Goods Sold
=127.243 - 20.853
=106.4

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 lei209.9 Mil.

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

Evergent Investments'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
=106.4 / 127.243
=83.61 %

* 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.


Evergent Investments  (BSE:EVER) 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

Evergent Investments had a gross margin of 83.61% for the quarter that ended in Jun. 2024 => Durable competitive advantage


Evergent Investments Gross Profit Related Terms

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Evergent Investments Business Description

Traded in Other Exchanges
N/A
Address
Pictor Aman Street 94 C, Bacau, ROU, 600164
Evergent Investments SA is a Romanian financial investment company. The group has five reporting segments which include financial investment services, manufacture and sale of agricultural machinery, real estate development (apartments, including parking spaces), cultivation of fruit-bearing trees (blueberries), and Others. It earns the majority of its revenue from the financial investment services segment.

Evergent Investments Headlines

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