Hub Cyber Security (Hub Cyber Security) Gross Profit : $1.42 Mil (TTM As of Jun. 2023)

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What is Hub Cyber Security Gross Profit?

Hub Cyber Security's gross profit for the six months ended in Jun. 2023 was $-1.01 Mil. Hub Cyber Security's gross profit for the trailing twelve months (TTM) ended in Jun. 2023 was $1.42 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Hub Cyber Security's gross profit for the six months ended in Jun. 2023 was $-1.01 Mil. Hub Cyber Security's Revenue for the six months ended in Jun. 2023 was $30.71 Mil. Therefore, Hub Cyber Security's Gross Margin % for the quarter that ended in Jun. 2023 was -3.28%.

Hub Cyber Security had a gross margin of -3.28% for the quarter that ended in Jun. 2023 => No sustainable competitive advantage

During the past 5 years, the highest Gross Margin % of Hub Cyber Security was 17.49%. The lowest was 1.95%. And the median was 15.67%.

Hub Cyber Security Gross Profit Historical Data

The historical data trend for Hub Cyber Security'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.

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Hub Cyber Security Gross Profit Chart

Hub Cyber Security Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Gross Profit

5.28

0.32

0.04

5.10

6.45

Hub Cyber Security Semi-Annual Data
	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Gross Profit	Get a 7-Day Free Trial				0.02	5.07	4.02	2.43	-1.01

Competitive Comparison of Hub Cyber Security's Gross Profit

For the Software - Infrastructure subindustry, Hub Cyber Security'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.

Hub Cyber Security's Gross Profit Distribution in the Software Industry

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

* The bar in red indicates where Hub Cyber Security's Gross Profit falls into.

Hub Cyber Security Gross Profit Calculation

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

Hub Cyber Security's Gross Profit for the fiscal year that ended in Dec. 2022 is calculated as

Gross Profit (A: Dec. 2022 )	=	Revenue	-	Cost of Goods Sold
	=	79.743	-	73.297
	=	6.45

Hub Cyber Security's Gross Profit for the quarter that ended in Jun. 2023 is calculated as

Gross Profit (Q: Jun. 2023 )	=	Revenue	-	Cost of Goods Sold
	=	30.712	-	31.718
	=	-1.01

Gross Profit for the trailing twelve months (TTM) ended in Jun. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $1.42 Mil.

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

Hub Cyber Security's Gross Margin % for the quarter that ended in Jun. 2023 is calculated as

Gross Margin % (Q: Jun. 2023 )	=	Gross Profit (Q: Jun. 2023 )	/	Revenue (Q: Jun. 2023 )
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	-1.01	/	30.712
	=	-3.28 %

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.

Hub Cyber Security (NAS:HUBC) 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

Hub Cyber Security had a gross margin of -3.28% for the quarter that ended in Jun. 2023 => No sustainable competitive advantage

Hub Cyber Security Gross Profit Related Terms

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Hub Cyber Security (Hub Cyber Security) Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

N/A

Address

17 Rothschild Boulevard, Tel Aviv, ISR, 6688120

Website

https://www.hubsecurity.com

Hub Cyber Security Ltd is engaged in the development of cyber products, software and quality systems, reliability, and risk management. It operates in several countries and provides cybersecurity computing appliances as well as a wide range of cybersecurity professional services.