FINEOS Holdings (FINEOS Holdings) Gross Profit : $95.9 Mil (TTM As of Dec. 2023)

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What is FINEOS Holdings Gross Profit?

FINEOS Holdings's gross profit for the six months ended in Dec. 2023 was $47.7 Mil. FINEOS Holdings's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was $95.9 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. FINEOS Holdings's gross profit for the six months ended in Dec. 2023 was $47.7 Mil. FINEOS Holdings's Revenue for the six months ended in Dec. 2023 was $66.7 Mil. Therefore, FINEOS Holdings's Gross Margin % for the quarter that ended in Dec. 2023 was 71.53%.

FINEOS Holdings had a gross margin of 71.53% for the quarter that ended in Dec. 2023 => Durable competitive advantage

During the past 3 years, the highest Gross Margin % of FINEOS Holdings was 70.81%. The lowest was 65.25%. And the median was 66.50%.

FINEOS Holdings Gross Profit Historical Data

The historical data trend for FINEOS Holdings'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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FINEOS Holdings Gross Profit Chart

FINEOS Holdings Annual Data

Trend

Jun20

Jun21

Jun22

Gross Profit

65.83

86.80

87.78

FINEOS Holdings Semi-Annual Data
	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Gross Profit	Get a 7-Day Free Trial					48.04	42.83	43.59	48.26	47.68

Competitive Comparison of FINEOS Holdings's Gross Profit

For the Software - Infrastructure subindustry, FINEOS Holdings'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.

FINEOS Holdings's Gross Profit Distribution in the Software Industry

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

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

FINEOS Holdings Gross Profit Calculation

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

FINEOS Holdings's Gross Profit for the fiscal year that ended in Jun. 2022 is calculated as

Gross Profit (A: Jun. 2022 )	=	Revenue	-	Cost of Goods Sold
	=	134.512	-	46.737
	=	87.8

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

Gross Profit (Q: Dec. 2023 )	=	Revenue	-	Cost of Goods Sold
	=	66.652	-	18.974
	=	47.7

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 $95.9 Mil.

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

FINEOS Holdings'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
	=	47.7	/	66.652
	=	71.53 %

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.

FINEOS Holdings (OTCPK:FNCHF) 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

FINEOS Holdings had a gross margin of 71.53% for the quarter that ended in Dec. 2023 => Durable competitive advantage

FINEOS Holdings Gross Profit Related Terms

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FINEOS Holdings (FINEOS Holdings) Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

0M9:Germany FCL:Australia

Address

East Point Business Park, Alfie Byrne Road, Fineos House, East Wall, Dublin, IRL, D03 FT97

Website

https://www.fineos.com

Fineos Corp Holdings PLC is an Irish company engaged in providing software solutions that include management and administration of policies and claims to the life, accident, and health insurance industry. The company's platform, Fineos AdminSuite, comprises Fineos Absence, Fineos Billing, Fineos Claims, Fineos Payments, and Fineos Provider, among other solutions.