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Kron Teknoloji AS (IST:KRONT) Gross Profit : ₺223.7 Mil (TTM As of Sep. 2024)


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What is Kron Teknoloji AS Gross Profit?

Kron Teknoloji AS's gross profit for the three months ended in Sep. 2024 was ₺43.0 Mil. Kron Teknoloji AS's gross profit for the trailing twelve months (TTM) ended in Sep. 2024 was ₺223.7 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Kron Teknoloji AS's gross profit for the three months ended in Sep. 2024 was ₺43.0 Mil. Kron Teknoloji AS's Revenue for the three months ended in Sep. 2024 was ₺52.1 Mil. Therefore, Kron Teknoloji AS's Gross Margin % for the quarter that ended in Sep. 2024 was 82.61%.

Kron Teknoloji AS had a gross margin of 82.61% for the quarter that ended in Sep. 2024 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of Kron Teknoloji AS was 87.42%. The lowest was 58.04%. And the median was 82.52%.


Kron Teknoloji AS Gross Profit Historical Data

The historical data trend for Kron Teknoloji AS'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.

Kron Teknoloji AS Gross Profit Chart

Kron Teknoloji AS 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 43.56 43.93 71.61 243.57 269.60

Kron Teknoloji AS 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 71.02 55.93 54.59 70.11 43.05

Competitive Comparison of Kron Teknoloji AS's Gross Profit

For the Software - Infrastructure subindustry, Kron Teknoloji AS'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.


Kron Teknoloji AS's Gross Profit Distribution in the Software Industry

For the Software industry and Technology sector, Kron Teknoloji AS's Gross Profit distribution charts can be found below:

* The bar in red indicates where Kron Teknoloji AS's Gross Profit falls into.



Kron Teknoloji AS Gross Profit Calculation

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

Kron Teknoloji AS'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
=308.389 - 38.787
=269.6

Kron Teknoloji AS's Gross Profit for the quarter that ended in Sep. 2024 is calculated as

Gross Profit (Q: Sep. 2024 )=Revenue - Cost of Goods Sold
=52.105 - 9.059
=43.0

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 ₺223.7 Mil.

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

Kron Teknoloji AS'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
=43.0 / 52.105
=82.61 %

* 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.


Kron Teknoloji AS  (IST:KRONT) 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

Kron Teknoloji AS had a gross margin of 82.61% for the quarter that ended in Sep. 2024 => Durable competitive advantage


Kron Teknoloji AS Gross Profit Related Terms

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Kron Teknoloji AS Business Description

Traded in Other Exchanges
N/A
Address
Bilkent CyberPark C Blok No: 321 Bilkent, Istanbul, TUR, 34805
Kron Teknoloji AS produces high technology solutions for the operational efficiency and security needs of corporate enterprises in finance, energy and health sectors, particularly in telecommunications. It offers advanced technology software products for the needs of medium and large size enterprises in the areas of service activation, quality assurance systems, ICT (Information and Communication Technology) Access Control Systems, high performance real-time data processing, and next generation security and audit.

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