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New Work SE (HAM:NWO) Gross Profit : €306.5 Mil (TTM As of Jun. 2024)


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What is New Work SE Gross Profit?

New Work SE's gross profit for the three months ended in Jun. 2024 was €68.9 Mil. New Work SE's gross profit for the trailing twelve months (TTM) ended in Jun. 2024 was €306.5 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. New Work SE's gross profit for the three months ended in Jun. 2024 was €68.9 Mil. New Work SE's Revenue for the three months ended in Jun. 2024 was €65.5 Mil. Therefore, New Work SE's Gross Margin % for the quarter that ended in Jun. 2024 was 105.18%.

New Work SE had a gross margin of 105.18% for the quarter that ended in Jun. 2024 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of New Work SE was 110.57%. The lowest was 106.55%. And the median was 108.21%.


New Work SE Gross Profit Historical Data

The historical data trend for New Work SE'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.

New Work SE Gross Profit Chart

New Work SE 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 294.09 300.16 306.22 334.08 329.66

New Work SE Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 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 82.03 81.48 82.71 73.38 68.89

Competitive Comparison of New Work SE's Gross Profit

For the Internet Content & Information subindustry, New Work SE'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.


New Work SE's Gross Profit Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, New Work SE's Gross Profit distribution charts can be found below:

* The bar in red indicates where New Work SE's Gross Profit falls into.


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New Work SE Gross Profit Calculation

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

New Work SE'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
=305.601 - -24.061
=329.7

New Work SE's Gross Profit for the quarter that ended in Jun. 2024 is calculated as

Gross Profit (Q: Jun. 2024 )=Revenue - Cost of Goods Sold
=65.499 - -3.395
=68.9

Gross Profit for the trailing twelve months (TTM) ended in Jun. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €306.5 Mil.

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

New Work SE'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
=68.9 / 65.499
=105.18 %

* 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.


New Work SE  (HAM:NWO) 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

New Work SE had a gross margin of 105.18% for the quarter that ended in Jun. 2024 => Durable competitive advantage


New Work SE Gross Profit Related Terms

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New Work SE Business Description

Traded in Other Exchanges
N/A
Address
Am Strandkai 1, Hamburg, DEU, 20457
New Work SE is a German technology company offering online business platforms for professionals to network and share ideas, and job opportunities, among others. The company organizes itself into three business segments: B2C, HR Solutions & Talent Access, and B2B marketing solutions. The HR Solutions & Talent Access segment is generating the majority of its revenue. Geographically the company generates key revenue from Germany.

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