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Monex Group (FRA:NNL) Gross Profit : €615.5 Mil (TTM As of Mar. 2024)


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What is Monex Group Gross Profit?

Monex Group's gross profit for the three months ended in Mar. 2024 was €228.3 Mil. Monex Group's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was €615.5 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Monex Group's gross profit for the three months ended in Mar. 2024 was €228.3 Mil. Monex Group's Revenue for the three months ended in Mar. 2024 was €228.4 Mil. Therefore, Monex Group's Gross Margin % for the quarter that ended in Mar. 2024 was 99.96%.

Monex Group had a gross margin of 99.96% for the quarter that ended in Mar. 2024 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of Monex Group was 99.95%. The lowest was 99.74%. And the median was 99.85%.


Monex Group Gross Profit Historical Data

The historical data trend for Monex 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.

Monex Group Gross Profit Chart

Monex Group Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 447.87 615.18 737.11 566.08 518.11

Monex Group Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 269.12 144.62 144.47 98.16 228.30

Competitive Comparison of Monex Group's Gross Profit

For the Capital Markets subindustry, Monex 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.


Monex Group's Gross Profit Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Monex Group's Gross Profit distribution charts can be found below:

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



Monex Group Gross Profit Calculation

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

Monex Group's Gross Profit for the fiscal year that ended in Mar. 2024 is calculated as

Gross Profit (A: Mar. 2024 )=Revenue - Cost of Goods Sold
=518.894 - 0.77999999999997
=518.1

Monex Group's Gross Profit for the quarter that ended in Mar. 2024 is calculated as

Gross Profit (Q: Mar. 2024 )=Revenue - Cost of Goods Sold
=228.399 - 0.098000000000013
=228.3

Gross Profit for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €615.5 Mil.

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

Monex Group's Gross Margin % for the quarter that ended in Mar. 2024 is calculated as

Gross Margin % (Q: Mar. 2024 )=Gross Profit (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=228.3 / 228.399
=99.96 %

* 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.


Monex Group  (FRA:NNL) 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

Monex Group had a gross margin of 99.96% for the quarter that ended in Mar. 2024 => Durable competitive advantage


Monex Group Gross Profit Related Terms

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Monex Group (FRA:NNL) Business Description

Traded in Other Exchanges
Address
2-4-1, Kojimachi, Chiyoda-ku, Tokyo, JPN, 102-0083
Monex Group Inc is functional in the financial services domain of Japan. Its core business is that of securities trading. Operating in the capital markets industry, the company renders such services as online securities business, the foreign exchange (FX) trading business, as well as the provision of merger and acquisition (M&A) advisory services. Most of its revenue is in the form of brokerage derived from its capital market activities majorly in Japan and on a minor scale in the United States and China.

Monex Group (FRA:NNL) Headlines

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