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TravelSky Technology (FRA:TVL) Gross Profit : €813.4 Mil (TTM As of Dec. 2023)


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What is TravelSky Technology Gross Profit?

TravelSky Technology's gross profit for the six months ended in Dec. 2023 was €605.7 Mil. TravelSky Technology's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was €813.4 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. TravelSky Technology's gross profit for the six months ended in Dec. 2023 was €605.7 Mil. TravelSky Technology's Revenue for the six months ended in Dec. 2023 was €472.1 Mil. Therefore, TravelSky Technology's Gross Margin % for the quarter that ended in Dec. 2023 was 128.28%.

TravelSky Technology had a gross margin of 128.28% for the quarter that ended in Dec. 2023 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of TravelSky Technology was 90.61%. The lowest was 61.91%. And the median was 69.72%.


TravelSky Technology Gross Profit Historical Data

The historical data trend for TravelSky Technology'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.

TravelSky Technology Gross Profit Chart

TravelSky Technology Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 713.70 689.55 688.46 626.06 812.70

TravelSky Technology Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 522.61 114.18 516.64 207.76 605.67

Competitive Comparison of TravelSky Technology's Gross Profit

For the Information Technology Services subindustry, TravelSky Technology'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.


TravelSky Technology's Gross Profit Distribution in the Software Industry

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

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



TravelSky Technology Gross Profit Calculation

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

TravelSky Technology'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
=896.92 - 84.222
=812.7

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

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=472.138 - -133.535
=605.7

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 €813.4 Mil.

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

TravelSky Technology'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
=605.7 / 472.138
=128.28 %

* 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.


TravelSky Technology  (FRA:TVL) 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

TravelSky Technology had a gross margin of 128.28% for the quarter that ended in Dec. 2023 => Durable competitive advantage


TravelSky Technology Gross Profit Related Terms

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TravelSky Technology (FRA:TVL) Business Description

Traded in Other Exchanges
Address
7 Yu Min Da Street, Houshayu Town, Shunyi District, Beijing, CHN, 101318
TravelSky Technology Ltd provides information technology solutions for aviation and travel companies in China. The company develops commercial airlines, airports, air travel products, and is a services supplier to travel agencies, corporate clients, travelers, and cargo shippers--to conduct electronic transactions and manage travel-related information. The core businesses of the company include aviation information technology services, distribution of information technology services, and clearing & accounting & settlement services for the aviation industry. Aviation information technology service revenue contributes approximately half the company's total revenue.

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