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Capital Appreciation (JSE:CTA) Gross Profit : R517 Mil (TTM As of Sep. 2023)


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What is Capital Appreciation Gross Profit?

Capital Appreciation's gross profit for the six months ended in Sep. 2023 was R273 Mil. Capital Appreciation's gross profit for the trailing twelve months (TTM) ended in Sep. 2023 was R517 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Capital Appreciation's gross profit for the six months ended in Sep. 2023 was R273 Mil. Capital Appreciation's Revenue for the six months ended in Sep. 2023 was R554 Mil. Therefore, Capital Appreciation's Gross Margin % for the quarter that ended in Sep. 2023 was 49.27%.

Capital Appreciation had a gross margin of 49.27% for the quarter that ended in Sep. 2023 => Durable competitive advantage

During the past 8 years, the highest Gross Margin % of Capital Appreciation was 51.61%. The lowest was 47.38%. And the median was 49.66%.


Capital Appreciation Gross Profit Historical Data

The historical data trend for Capital Appreciation'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.

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Capital Appreciation Gross Profit Chart

Capital Appreciation Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Gross Profit
Get a 7-Day Free Trial 298.47 332.23 311.69 428.90 499.51

Capital Appreciation Semi-Annual Data
Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 209.35 219.55 255.56 243.95 273.04

Competitive Comparison of Capital Appreciation's Gross Profit

For the Information Technology Services subindustry, Capital Appreciation'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.


Capital Appreciation's Gross Profit Distribution in the Software Industry

For the Software industry and Technology sector, Capital Appreciation's Gross Profit distribution charts can be found below:

* The bar in red indicates where Capital Appreciation's Gross Profit falls into.



Capital Appreciation Gross Profit Calculation

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

Capital Appreciation's Gross Profit for the fiscal year that ended in Mar. 2023 is calculated as

Gross Profit (A: Mar. 2023 )=Revenue - Cost of Goods Sold
=995.113 - 495.6
=500

Capital Appreciation's Gross Profit for the quarter that ended in Sep. 2023 is calculated as

Gross Profit (Q: Sep. 2023 )=Revenue - Cost of Goods Sold
=554.161 - 281.123
=273

Gross Profit for the trailing twelve months (TTM) ended in Sep. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was R517 Mil.

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

Capital Appreciation's Gross Margin % for the quarter that ended in Sep. 2023 is calculated as

Gross Margin % (Q: Sep. 2023 )=Gross Profit (Q: Sep. 2023 ) / Revenue (Q: Sep. 2023 )
=(Revenue - Cost of Goods Sold) / Revenue
=273 / 554.161
=49.27 %

* 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.


Capital Appreciation  (JSE:CTA) 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

Capital Appreciation had a gross margin of 49.27% for the quarter that ended in Sep. 2023 => Durable competitive advantage


Capital Appreciation Gross Profit Related Terms

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Capital Appreciation (JSE:CTA) Business Description

Traded in Other Exchanges
N/A
Address
44 Saturn Crescent, Unit 2, Linbro Business Park, Sandton, Johannesburg, GT, ZAF, 2090
Capital Appreciation Ltd is a South Africa based company that owns, manages, invests in, and promotes established and developing financial technology enterprises, their platforms, solutions, products, and applications. The company operates in Fintech and Financial service sector. The company operates in three segments that include Payments and Payment Infrastructure Services and Software and Services, and an International Divison. The majority of the revenue is generated from the payments division. All of its revenue is generated from South Africa.

Capital Appreciation (JSE:CTA) Headlines