* 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.
Competitive Comparison of Hammer Fiber Optics Holdings's Gross Profit
For the Telecom Services subindustry, Hammer Fiber Optics Holdings'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.
Hammer Fiber Optics Holdings's Gross Profit Distribution in the Telecommunication Services Industry
For the Telecommunication Services industry and Communication Services sector, Hammer Fiber Optics Holdings's Gross Profit distribution charts can be found below:
* The bar in red indicates where Hammer Fiber Optics Holdings's Gross Profit falls into.
Gross Profit for the trailing twelve months (TTM) ended in Jul. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.88 Mil.
Gross Profit is the numerator in the calculation of Gross Margin.
* 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.
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
Hammer Fiber Optics Holdings had a gross margin of 25.10% for the quarter that ended in Jul. 2024 => Competition eroding margins
Hammer Fiber Optics Holdings Gross Profit Related Terms
Thank you for viewing the detailed overview of Hammer Fiber Optics Holdings's Gross Profit provided by GuruFocus.com. Please click on the following links to see related term pages.
Hammer Fiber Optics Holdings Corp is a telecommunications company. Its products and services include Financial Services such as Digital Payment Systems, Telecommunications, and Data Services such as Wireless and over-the-Top Services such as voice, messaging, video, and hosting. HammerPay, is a mobile-first digital solution designed to deliver seamless stored-value digital services to both businesses and consumers, including those traditionally underserved by the digital economy.
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