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Odine Solutions Teknoloji Ticaret venayi AS (IST:ODINE) Gross Profit : ₺599 Mil (TTM As of Dec. 2024)


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What is Odine Solutions Teknoloji Ticaret venayi AS Gross Profit?

Odine Solutions Teknoloji Ticaret venayi AS's gross profit for the three months ended in Dec. 2024 was ₺432 Mil. Odine Solutions Teknoloji Ticaret venayi AS's gross profit for the trailing twelve months (TTM) ended in Dec. 2024 was ₺599 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Odine Solutions Teknoloji Ticaret venayi AS's gross profit for the three months ended in Dec. 2024 was ₺432 Mil. Odine Solutions Teknoloji Ticaret venayi AS's Revenue for the three months ended in Dec. 2024 was ₺695 Mil. Therefore, Odine Solutions Teknoloji Ticaret venayi AS's Gross Margin % for the quarter that ended in Dec. 2024 was 62.10%.

Odine Solutions Teknoloji Ticaret venayi AS had a gross margin of 62.10% for the quarter that ended in Dec. 2024 => Durable competitive advantage

During the past 4 years, the highest Gross Margin % of Odine Solutions Teknoloji Ticaret venayi AS was 55.63%. The lowest was 41.55%. And the median was 50.34%.


Odine Solutions Teknoloji Ticaret venayi AS Gross Profit Historical Data

The historical data trend for Odine Solutions Teknoloji Ticaret venayi 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.

Odine Solutions Teknoloji Ticaret venayi AS Gross Profit Chart

Odine Solutions Teknoloji Ticaret venayi AS Annual Data
Trend Dec21 Dec22 Dec23 Dec24
Gross Profit
81.08 166.74 384.51 621.80

Odine Solutions Teknoloji Ticaret venayi AS Quarterly Data
Dec21 Dec22 Jun23 Sep23 Dec23 Jun24 Sep24 Dec24
Gross Profit Get a 7-Day Free Trial 24.48 314.77 120.62 46.81 431.56

Competitive Comparison of Odine Solutions Teknoloji Ticaret venayi AS's Gross Profit

For the Software - Infrastructure subindustry, Odine Solutions Teknoloji Ticaret venayi 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.


Odine Solutions Teknoloji Ticaret venayi AS's Gross Profit Distribution in the Software Industry

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

* The bar in red indicates where Odine Solutions Teknoloji Ticaret venayi AS's Gross Profit falls into.


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Odine Solutions Teknoloji Ticaret venayi AS Gross Profit Calculation

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

Odine Solutions Teknoloji Ticaret venayi AS's Gross Profit for the fiscal year that ended in Dec. 2024 is calculated as

Gross Profit (A: Dec. 2024 )=Revenue - Cost of Goods Sold
=1199.707 - 577.911
=622

Odine Solutions Teknoloji Ticaret venayi AS's Gross Profit for the quarter that ended in Dec. 2024 is calculated as

Gross Profit (Q: Dec. 2024 )=Revenue - Cost of Goods Sold
=694.97 - 263.407
=432

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 ₺599 Mil.

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

Odine Solutions Teknoloji Ticaret venayi AS's Gross Margin % for the quarter that ended in Dec. 2024 is calculated as

Gross Margin % (Q: Dec. 2024 )=Gross Profit (Q: Dec. 2024 ) / Revenue (Q: Dec. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=432 / 694.97
=62.10 %

* 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.


Odine Solutions Teknoloji Ticaret venayi AS  (IST:ODINE) 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

Odine Solutions Teknoloji Ticaret venayi AS had a gross margin of 62.10% for the quarter that ended in Dec. 2024 => Durable competitive advantage


Odine Solutions Teknoloji Ticaret venayi AS Gross Profit Related Terms

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Odine Solutions Teknoloji Ticaret venayi AS Business Description

Traded in Other Exchanges
N/A
Address
Veko Giz Plaza, Kat no. 11 Maslak, Istanbul, TUR
Odine Solutions Teknoloji Ticaret ve Sanayi AS is a company whose systems integration and software technology expertise delivers revolutionary solutions for Tier 1 SDN, virtualization, and cloudification. It is a communication solutions company that enables global telecoms companies to evolve with a sustainable approach. With market-leading technology, holistic solutions, and collaborative partnership, It will support the clients to reinvent its value creation formula.

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