HCG (hear.com NV) Gross Profit: $64.18 Mil (TTM As of Mar. 2021)

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What is hear.com NV Gross Profit?

hear.com NV HCG Gross Profit is $64.18 Mil as of Mar. 2021.

hear.com NV's gross profit for the three months ended in Mar. 2021 was $32.80 Mil. hear.com NV's gross profit for the trailing twelve months (TTM) ended in Mar. 2021 was $64.18 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. hear.com NV's gross profit for the three months ended in Mar. 2021 was $32.80 Mil. hear.com NV's Revenue for the three months ended in Mar. 2021 was $57.37 Mil. Therefore, hear.com NV's Gross Margin % for the quarter that ended in Mar. 2021 was 57.16%.

hear.com NV had a gross margin of 57.16% for the quarter that ended in Mar. 2021 => Durable competitive advantage


hear.com NV  (NAS:HCG) 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

hear.com NV had a gross margin of 57.16% for the quarter that ended in Mar. 2021 => Durable competitive advantage


hear.com NV Gross Profit Related Terms


hear.com NV Gross Profit Historical Data

* Premium members only.

The historical data trend for hear.com NV'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.

hear.com NV Gross Profit Chart

hear.com NV Annual Data
Trend Sep18 Sep19 Sep20
Gross Profit
0.00 66.73 91.48

hear.com NV Quarterly Data
Sep19 Dec19 Mar20 Sep20 Dec20 Mar21
Gross Profit Get a 7-Day Free Trial 19.82 23.21 0.00 31.38 32.80

HCG vs : Gross Profit Comparison

For the Medical Devices subindustry, hear.com NV'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.


hear.com NV Gross Profit vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, hear.com NV's Gross Profit distribution charts can be found below:

* The bar in red indicates where hear.com NV's Gross Profit falls into.



hear.com NV Gross Profit Calculation

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

hear.com NV's Gross Profit for the fiscal year that ended in Sep. 2020 is calculated as

Gross Profit (A: Sep. 2020 )=Revenue - Cost of Goods Sold
=177.962 - 86.486
=91.48

hear.com NV's Gross Profit for the quarter that ended in Mar. 2021 is calculated as

Gross Profit (Q: Mar. 2021 )=Revenue - Cost of Goods Sold
=57.374 - 24.578
=32.80

Gross Profit for the trailing twelve months (TTM) ended in Mar. 2021 adds up the quarterly data reported by the company within the most recent 12 months, which was $64.18 Mil.

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

hear.com NV's Gross Margin % for the quarter that ended in Mar. 2021 is calculated as

Gross Margin % (Q: Mar. 2021 )=Gross Profit (Q: Mar. 2021 ) / Revenue (Q: Mar. 2021 )
=(Revenue - Cost of Goods Sold) / Revenue
=32.80 / 57.374
=57.16 %

* 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.

Frequently Asked Questions Learn more about Gross Profit →
What does a Gross Profit of $64.18 Mil mean?
hear.com NV (HCG) has a Gross Profit of $64.18 Mil as of Mar. 2021. Gross Profit equals net sales less total cost of goods sold. View historical data on hear.com NV and its competitors.
Is hear.com NV's Gross Profit too high?
hear.com NV's current Gross Profit is $64.18 Mil.
How does hear.com NV's Gross Profit compare to ?
hear.com NV's Gross Profit of $64.18 Mil can be compared against companies in the Medical Devices & Instruments industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Profit for a Medical Devices & Instruments company?
A good Gross Profit depends on the Medical Devices & Instruments industry context. However, Gross Profit should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Profit mean?
A high Gross Profit can signal that a stock is expensive relative to its fundamentals. Gross Profit equals net sales less total cost of goods sold. View historical data on hear.com NV and its competitors. hear.com NV's current Gross Profit is $64.18 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is hear.com NV stock overvalued right now?
hear.com NV (HCG) has a current Gross Profit of $64.18 Mil. The current Gross Profit is $64.18 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Profit calculated?
Gross Profit is calculated from a company's financial statements. For hear.com NV (HCG), the current Gross Profit is $64.18 Mil as of Mar. 2021. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

hear.com NV Business Description

Comparable Companies
hear.com NV is a global leader in the hearing aid industry, It provides the most comprehensive care for all your hearing needs.