Ispire Technology's gross profit for the
three
months ended in Dec. 2024 was $7.7 Mil. Ispire Technology's gross profit for the trailing twelve months (TTM) ended in Dec. 2024 was $32.1 Mil.
Ispire Technology had a gross margin of 18.46% for the quarter that ended in Dec. 2024 => No sustainable competitive advantage
During the past 4 years, the highestGross Margin % of Ispire Technology was 21.60%. The lowest was 15.10%. And the median was 17.20%.
Ispire Technology Gross Profit Historical Data
The historical data trend for Ispire Technology'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.
Competitive Comparison of Ispire Technology's Gross Profit
For the Tobacco subindustry, Ispire Technology'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.
Ispire Technology's Gross Profit Distribution in the Tobacco Products Industry
For the Tobacco Products industry and Consumer Defensive sector, Ispire Technology's Gross Profit distribution charts can be found below:
* The bar in red indicates where Ispire Technology's Gross Profit falls into.
Ispire Technology Gross Profit Calculation
Gross Profit is the different between the sale prices and the cost of buying or producing the goods.
Ispire Technology's Gross Profit for the fiscal year that ended in Jun. 2024 is calculated as
Gross Profit for the trailing twelve months (TTM) ended in Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $32.1 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
Ispire Technology had a gross margin of 18.46% for the quarter that ended in Dec. 2024 => No sustainable competitive advantage
Ispire Technology Gross Profit Related Terms
Thank you for viewing the detailed overview of Ispire Technology's Gross Profit provided by GuruFocus.com. Please click on the following links to see related term pages.
Ispire Technology Inc is engaged in the research and development, design, commercialization, sales, marketing, and distribution of branded e-cigarettes and cannabis vaping products. The company sells its cannabis vaping in the United States, Europe, Canada, and South Africa.
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