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Caspian Services (Caspian Services) Gross Profit : $7.61 Mil (TTM As of Jun. 2016)


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What is Caspian Services Gross Profit?

Caspian Services's gross profit for the three months ended in Jun. 2016 was $3.02 Mil. Caspian Services's gross profit for the trailing twelve months (TTM) ended in Jun. 2016 was $7.61 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Caspian Services's gross profit for the three months ended in Jun. 2016 was $3.02 Mil. Caspian Services's Revenue for the three months ended in Jun. 2016 was $5.01 Mil. Therefore, Caspian Services's Gross Margin % for the quarter that ended in Jun. 2016 was 60.27%.

Caspian Services had a gross margin of 60.27% for the quarter that ended in Jun. 2016 => Durable competitive advantage


Caspian Services Gross Profit Historical Data

The historical data trend for Caspian Services'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.

Caspian Services Gross Profit Chart

Caspian Services Annual Data
Trend Sep06 Sep07 Sep08 Sep09 Sep10 Sep11 Sep12 Sep13 Sep14 Sep15
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 20.97 9.89 14.00 12.04 5.91

Caspian Services Quarterly Data
Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16
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 0.86 2.30 1.74 0.54 3.02

Competitive Comparison of Caspian Services's Gross Profit

For the Oil & Gas Equipment & Services subindustry, Caspian Services'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.


Caspian Services's Gross Profit Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Caspian Services's Gross Profit distribution charts can be found below:

* The bar in red indicates where Caspian Services's Gross Profit falls into.



Caspian Services Gross Profit Calculation

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

Caspian Services's Gross Profit for the fiscal year that ended in Sep. 2015 is calculated as

Gross Profit (A: Sep. 2015 )=Revenue - Cost of Goods Sold
=16.445 - 10.533
=5.91

Caspian Services's Gross Profit for the quarter that ended in Jun. 2016 is calculated as

Gross Profit (Q: Jun. 2016 )=Revenue - Cost of Goods Sold
=5.011 - 1.991
=3.02

Gross Profit for the trailing twelve months (TTM) ended in Jun. 2016 adds up the quarterly data reported by the company within the most recent 12 months, which was $7.61 Mil.

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

Caspian Services's Gross Margin % for the quarter that ended in Jun. 2016 is calculated as

Gross Margin % (Q: Jun. 2016 )=Gross Profit (Q: Jun. 2016 ) / Revenue (Q: Jun. 2016 )
=(Revenue - Cost of Goods Sold) / Revenue
=3.02 / 5.011
=60.27 %

* 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.


Caspian Services  (OTCPK:CSSV) 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

Caspian Services had a gross margin of 60.27% for the quarter that ended in Jun. 2016 => Durable competitive advantage


Caspian Services Gross Profit Related Terms

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Caspian Services (Caspian Services) Business Description

Traded in Other Exchanges
N/A
Address
2319 Foothill Drive, Suite 160, Salt Lake City, UT, USA, 84109
Caspian Services Inc provides oilfield services to oil & gas industry in Kazakhstan. The company operates in three reportable segments including Vessel operations, Geophysical services, and Marine base services. Vessel operations consist of chartering a fleet of shallow draft offshore support vessels to customers performing oil and gas exploration activities in the Caspian Sea. Geophysical services consist of providing seismic data acquisition services to oil and gas companies operating onshore in Kazakhstan. Marine base service consists of operating a marine base with a boat repair and drydocking services yard located at the port of Bautino on the North Caspian Sea. It generates the majority of the revenue from Vessel operations segment.
Executives
Bakhytbek R Baiseitov 10 percent owner 291/21, DOSKYK AVE,, ALMATY 1P 050020
Mark Donegan 10 percent owner STIRLING SQUARE, 7 CARLTON GARDENS, LONDON X0 SW1Y 5AD
Mirgali Kunayev director, 10 percent owner C/O LERNER & KAPLAN PLLC, 4121 18TH AVENUE, BROOKLYN NY 11218

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