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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%.
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.
Professional Diversity Network Annual Data | |||||||||||||||||||||
Trend | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||||
Gross Profit | Get a 7-Day Free Trial | 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 | 1.09 | 1.20 | 1.07 | 1.06 | 1.00 |
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.
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.
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
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.
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 |
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