GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Professional Diversity Network Inc (NAS:IPDN) » Definitions » Gross Profit

IPDN (Professional Diversity Network) Gross Profit : $4.33 Mil (TTM As of Sep. 2024)


View and export this data going back to 2013. Start your Free Trial

What is Professional Diversity Network Gross Profit?

Professional Diversity Network's gross profit for the three months ended in Sep. 2024 was $1.00 Mil. Professional Diversity Network's gross profit for the trailing twelve months (TTM) ended in Sep. 2024 was $4.33 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Professional Diversity Network's gross profit for the three months ended in Sep. 2024 was $1.00 Mil. Professional Diversity Network's Revenue for the three months ended in Sep. 2024 was $1.69 Mil. Therefore, Professional Diversity Network's Gross Margin % for the quarter that ended in Sep. 2024 was 58.91%.

Professional Diversity Network had a gross margin of 58.91% for the quarter that ended in Sep. 2024 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of Professional Diversity Network was 88.25%. The lowest was 48.76%. And the median was 82.38%.

Warning Sign:

Professional Diversity Network Inc gross margin has been in long-term decline. The average rate of decline per year is -10.7%.


Professional Diversity Network Gross Profit Historical Data

The historical data trend for Professional Diversity Network'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.

Professional Diversity Network Gross Profit Chart

Professional Diversity Network 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 4.14 3.67 4.58 4.05 4.24

Professional Diversity Network Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 1.09 1.20 1.07 1.06 1.00

Competitive Comparison of Professional Diversity Network's Gross Profit

For the Staffing & Employment Services subindustry, Professional Diversity Network'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.


Professional Diversity Network's Gross Profit Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Professional Diversity Network's Gross Profit distribution charts can be found below:

* The bar in red indicates where Professional Diversity Network's Gross Profit falls into.



Professional Diversity Network Gross Profit Calculation

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

Professional Diversity Network'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
=7.699 - 3.461
=4.24

Professional Diversity Network's Gross Profit for the quarter that ended in Sep. 2024 is calculated as

Gross Profit (Q: Sep. 2024 )=Revenue - Cost of Goods Sold
=1.694 - 0.696
=1.00

Gross Profit for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $4.33 Mil.

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

Professional Diversity Network's Gross Margin % for the quarter that ended in Sep. 2024 is calculated as

Gross Margin % (Q: Sep. 2024 )=Gross Profit (Q: Sep. 2024 ) / Revenue (Q: Sep. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=1.00 / 1.694
=58.91 %

* 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.


Professional Diversity Network  (NAS:IPDN) 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

Professional Diversity Network had a gross margin of 58.91% for the quarter that ended in Sep. 2024 => Durable competitive advantage


Professional Diversity Network Gross Profit Related Terms

Thank you for viewing the detailed overview of Professional Diversity Network's Gross Profit provided by GuruFocus.com. Please click on the following links to see related term pages.


Professional Diversity Network Business Description

Traded in Other Exchanges
Address
55 East Monroe Street, Suite 2120, Chicago, IL, USA, 60603
Professional Diversity Network Inc is engaged in providing access to networking, training, educational and employment services to its registered users. It has three operating segments: the Professional Diversity Network (PDN) segment, which includes online professional networking communities with career resources for diverse cultural groups and employers looking to hire members; and the National Association of Professional Women (NAPW) segment, which is a women-only professional networking organization, the RemoteMore segment. The company generates majority of its revenue from PDN Segment.
Executives
Yu-jin Chou officer: Secretary 55 E MONROE STREET, SUITE2120, CHICAGO IL 60603
Hongjun Chen 10 percent owner 55 E MONROE STREET, STE 2250, CHICAGO IL 60603
Larry S Aichler officer: Interim CFO 55 E MONROE ST, STE 2120, CHICAGO IL 60603
Christopher Renn director 55 E MONROE ST, SUITE# 2120, CHICAGO IL 60603
Esquivel Russell J Jr. officer: SVP 26844 N 73RD DR, PEORIA AZ 85383
Megan Elizabeth Bozzuto officer: SVP 162 EAST ST, SHARON MA 02067
Grace Reyes director 1191 SOLANO AVENUE #6315, ALBANY CA 94706
Charles Martin Obrien officer: Interim CFO 1131 WARWICK CIRCLE N., HOFFMAN ESTATES IL 60169
Malven Group Ltd 10 percent owner UNIT A, 21/F., CMA BUILDING, 64 CONNAUGHT ROAD CENTRAL, CENTRAL K3 00000
Shea Courtney C. director 1555 N. ASTOR STREET, APARTMENT 9W, CHICAGO IL 60610
Maoji Wang director 13-1-902, BAIWANGJIAYUAN EAST SECTOR, DONGBEIWANG, HAIDIAN DISTRICT, BEIJING F4 000000
Lida Fang director 77 N 3RD RING MIDDLE RD, 24TH FLOOR, ROOM 1105, BEIJING F4 100080
Haibin Gong director 408 NO. 18 BLDG XILI MAJIABAO YANGQIAO, FENGTAI DISTRICT BEIJING CITY F4 100039
Michael D Belsky director 213 LEONARD WOOD NORTH, UNIT 101, HIGHLAND PARK IL 60035
James R Kirsch director, 10 percent owner, officer: Chief Executive Officer 801 W. ADAMS STREET SUITE 600, CHICAGO IL 60607