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Funko (FRA:FU2) Gross Profit : €384.3 Mil (TTM As of Sep. 2024)


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What is Funko Gross Profit?

Funko's gross profit for the three months ended in Sep. 2024 was €107.9 Mil. Funko's gross profit for the trailing twelve months (TTM) ended in Sep. 2024 was €384.3 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Funko's gross profit for the three months ended in Sep. 2024 was €107.9 Mil. Funko's Revenue for the three months ended in Sep. 2024 was €263.8 Mil. Therefore, Funko's Gross Margin % for the quarter that ended in Sep. 2024 was 40.92%.

Funko had a gross margin of 40.92% for the quarter that ended in Sep. 2024 => Durable competitive advantage

During the past 9 years, the highest Gross Margin % of Funko was 40.06%. The lowest was 30.38%. And the median was 36.27%.

Warning Sign:

Funko Inc gross margin has been in long-term decline. The average rate of decline per year is -3.6%.


Funko Gross Profit Historical Data

The historical data trend for Funko'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.

Funko Gross Profit Chart

Funko Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial Premium Member Only 254.29 204.80 337.18 409.72 305.36

Funko Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 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 97.46 100.33 79.37 96.66 107.95

Competitive Comparison of Funko's Gross Profit

For the Leisure subindustry, Funko'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.


Funko's Gross Profit Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Funko's Gross Profit distribution charts can be found below:

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



Funko Gross Profit Calculation

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

Funko'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
=1005.111 - 699.749
=305.4

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

Gross Profit (Q: Sep. 2024 )=Revenue - Cost of Goods Sold
=263.781 - 155.833
=107.9

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 €384.3 Mil.

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

Funko'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
=107.9 / 263.781
=40.92 %

* 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.


Funko  (FRA:FU2) 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

Funko had a gross margin of 40.92% for the quarter that ended in Sep. 2024 => Durable competitive advantage


Funko Gross Profit Related Terms

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Funko Business Description

Traded in Other Exchanges
Address
2802 Wetmore Avenue, Everett, WA, USA, 98201
Funko Inc is an us-based pop culture consumer products company. It creates whimsical, fun, and different products that enable the customer to express their affinity for their favorite through the movie, TV show, video game, musician, or sports team. The company's current products are principally figures, fashion accessories, apparel, plush products, accessories, homewares, and NFTs. The company sells its products through a diverse network of retail customers across multiple retail channels, including specialty retailers, mass-market retailers, and e-commerce sites. The company generates the majority of its revenue from the core collectibles products.

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