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Spetz (DBKSF) Gross Profit : $1.35 Mil (TTM As of Sep. 2024)


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What is Spetz Gross Profit?

Spetz's gross profit for the three months ended in Sep. 2024 was $0.24 Mil. Spetz's gross profit for the trailing twelve months (TTM) ended in Sep. 2024 was $1.35 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Spetz's gross profit for the three months ended in Sep. 2024 was $0.24 Mil. Spetz's Revenue for the three months ended in Sep. 2024 was $0.33 Mil. Therefore, Spetz's Gross Margin % for the quarter that ended in Sep. 2024 was 71.65%.

Spetz had a gross margin of 71.65% for the quarter that ended in Sep. 2024 => Durable competitive advantage

During the past 5 years, the highest Gross Margin % of Spetz was 78.13%. The lowest was 77.31%. And the median was 78.13%.


Spetz Gross Profit Historical Data

The historical data trend for Spetz'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.

Spetz Gross Profit Chart

Spetz Annual Data
Trend Jan19 Jan20 Jan21 Jan22 Dec23
Gross Profit
0.01 0.13 0.22 - 1.59

Spetz Quarterly Data
Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 0.42 0.31 0.43 0.37 0.24

Competitive Comparison of Spetz's Gross Profit

For the Software - Application subindustry, Spetz'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.


Spetz's Gross Profit Distribution in the Software Industry

For the Software industry and Technology sector, Spetz's Gross Profit distribution charts can be found below:

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


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Spetz Gross Profit Calculation

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

Spetz'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
=2.031 - 0.444
=1.59

Spetz's Gross Profit for the quarter that ended in Sep. 2024 is calculated as

Gross Profit (Q: Sep. 2024 )=Revenue - Cost of Goods Sold
=0.328 - 0.093
=0.24

Gross Profit for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $1.35 Mil.

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

Spetz's Gross Margin % for the quarter that ended in Sep. 2024 is calculated as

Gross Margin % (Q: Sep. 2024 )=Gross Profit (Q: Sep. 2024 ) / Revenue (Q: Sep. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=0.24 / 0.328
=71.65 %

* 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.


Spetz  (OTCPK:DBKSF) 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

Spetz had a gross margin of 71.65% for the quarter that ended in Sep. 2024 => Durable competitive advantage


Spetz Gross Profit Related Terms

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Spetz Business Description

Traded in Other Exchanges
Address
40 King Street West, Scotia Plaza, Suite 5800, P.O. Box 1011, Miller Thomson Llp, Toronto, ON, CAN, M5H 3S1
Spetz Inc is a multinational technology company that operates Spetz, a global online, AI-powered marketplace platform that dynamically connects consumers to nearby top-rated service providers in around 30 seconds. Spetz is available in the USA, United Kingdom, Australia, and Israel. Connecting them immediately with the top-matched service provider for any need, anytime, anywhere.