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Xeros Technology Group (FRA:2X40) Gross Profit : €0.26 Mil (TTM As of Jun. 2024)


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What is Xeros Technology Group Gross Profit?

Xeros Technology Group's gross profit for the six months ended in Jun. 2024 was €0.08 Mil. Xeros Technology Group's gross profit for the trailing twelve months (TTM) ended in Jun. 2024 was €0.26 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Xeros Technology Group's gross profit for the six months ended in Jun. 2024 was €0.08 Mil. Xeros Technology Group's Revenue for the six months ended in Jun. 2024 was €0.09 Mil. Therefore, Xeros Technology Group's Gross Margin % for the quarter that ended in Jun. 2024 was 82.80%.

Xeros Technology Group had a gross margin of 82.80% for the quarter that ended in Jun. 2024 => Durable competitive advantage

During the past 12 years, the highest Gross Margin % of Xeros Technology Group was 85.55%. The lowest was -194.15%. And the median was 10.08%.


Xeros Technology Group Gross Profit Historical Data

The historical data trend for Xeros Technology Group'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.

Xeros Technology Group Gross Profit Chart

Xeros Technology Group Annual Data
Trend Jul13 Jul14 Jul15 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.37 -0.05 0.33 0.10 0.28

Xeros Technology Group Semi-Annual Data
Jan14 Jul14 Jan15 Jul15 Jun16 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 - 0.10 0.10 0.19 0.08

Competitive Comparison of Xeros Technology Group's Gross Profit

For the Specialty Industrial Machinery subindustry, Xeros Technology Group'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.


Xeros Technology Group's Gross Profit Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Xeros Technology Group's Gross Profit distribution charts can be found below:

* The bar in red indicates where Xeros Technology Group's Gross Profit falls into.


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Xeros Technology Group Gross Profit Calculation

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

Xeros Technology Group'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
=0.345 - 0.061
=0.28

Xeros Technology Group's Gross Profit for the quarter that ended in Jun. 2024 is calculated as

Gross Profit (Q: Jun. 2024 )=Revenue - Cost of Goods Sold
=0.093 - 0.016
=0.08

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 €0.26 Mil.

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

Xeros Technology Group'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
=0.08 / 0.093
=82.80 %

* 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.


Xeros Technology Group  (FRA:2X40) 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

Xeros Technology Group had a gross margin of 82.80% for the quarter that ended in Jun. 2024 => Durable competitive advantage


Xeros Technology Group Gross Profit Related Terms

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Xeros Technology Group Business Description

Traded in Other Exchanges
Address
Unit 2, Evolution, Advanced Manufacturing Park, Whittle Way, Catcliffe, Rotherham, South Yorkshire, GBR, S60 5BL
Xeros Technology Group PLC develops patented polymer bead systems with multiple identified potential commercial applications which are used mostly in the commercial laundry market. It has begun the rollout of 25kg capacity washing machines that exclusively use the company's patented polymer bead cleaning system. In addition to the commercial laundry market, its polymer bead technologies have a range of potential applications in other industries including domestic laundry, leather processing, garment finishing, and metal cleaning. It has its operations in Europe and North America. It earns revenues from the sale/provision of polymer bead cleaning equipment, consumables, and services.

Xeros Technology Group Headlines

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