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CREV (Carbon Revolution) Gross Profit : $-8.40 Mil (TTM As of Dec. 2023)


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What is Carbon Revolution Gross Profit?

Carbon Revolution's gross profit for the six months ended in Dec. 2023 was $-6.71 Mil. Carbon Revolution's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was $-8.40 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Carbon Revolution's gross profit for the six months ended in Dec. 2023 was $-6.71 Mil. Carbon Revolution's Revenue for the six months ended in Dec. 2023 was $17.30 Mil. Therefore, Carbon Revolution's Gross Margin % for the quarter that ended in Dec. 2023 was -38.79%.

Carbon Revolution had a gross margin of -38.79% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

During the past 4 years, the highest Gross Margin % of Carbon Revolution was -40.92%. The lowest was -46.15%. And the median was -42.42%.


Carbon Revolution Gross Profit Historical Data

The historical data trend for Carbon Revolution'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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Carbon Revolution Gross Profit Chart

Carbon Revolution Annual Data
Trend Jun20 Jun21 Jun22 Jun23
Gross Profit
- -10.93 -12.02 -11.30

Carbon Revolution Semi-Annual Data
Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Gross Profit Get a 7-Day Free Trial -5.54 -6.58 -9.67 -1.69 -6.71

Competitive Comparison of Carbon Revolution's Gross Profit

For the Auto Parts subindustry, Carbon Revolution'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.


Carbon Revolution's Gross Profit Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Carbon Revolution's Gross Profit distribution charts can be found below:

* The bar in red indicates where Carbon Revolution's Gross Profit falls into.



Carbon Revolution Gross Profit Calculation

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

Carbon Revolution'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
=25.678 - 36.976
=-11.30

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

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=17.303 - 24.015
=-6.71

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 $-8.40 Mil.

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

Carbon Revolution'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
=-6.71 / 17.303
=-38.79 %

* 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.


Carbon Revolution  (NAS:CREV) 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

Carbon Revolution had a gross margin of -38.79% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage


Carbon Revolution Gross Profit Related Terms

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Carbon Revolution Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Ten Earlsfort Terrace, Dublin 2, IRL, D02 T380
Carbon Revolution PLC is an Australian-based technology company manufacturing carbon fiber wheels. It is an OEM supplier and a world-wide manufacturer of lightweight technology carbon fibre wheels to the automotive industry. The Company supplies wheels to OEMs across the globe for luxury and high-performance vehicles and SUVs, and is developing wheels for electric vehicles under contract for its OEM customers. The company generates maximum revenue Internationally.