LightPath Technologies's gross profit for the
three
months ended in Sep. 2024 was $2.84 Mil. LightPath Technologies's gross profit for the trailing twelve months (TTM) ended in Sep. 2024 was $9.14 Mil.
* 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 LightPath Technologies's Gross Profit
For the Electronic Components subindustry, LightPath Technologies'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.
LightPath Technologies's Gross Profit Distribution in the Hardware Industry
For the Hardware industry and Technology sector, LightPath Technologies's Gross Profit distribution charts can be found below:
* The bar in red indicates where LightPath Technologies's Gross Profit falls into.
LightPath Technologies Gross Profit Calculation
Gross Profit is the different between the sale prices and the cost of buying or producing the goods.
LightPath Technologies'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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $9.14 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
LightPath Technologies had a gross margin of 33.86% for the quarter that ended in Sep. 2024 => Competition eroding margins
LightPath Technologies Gross Profit Related Terms
Thank you for viewing the detailed overview of LightPath Technologies's Gross Profit provided by GuruFocus.com. Please click on the following links to see related term pages.
LightPath Technologies Inc is a manufacturer, distributor, and integrator of proprietary optical components and assemblies. It is also engaged in the research and development for optical solutions for the traditional optics markets and communications markets. The company's business based on the following product groups: precision molded optics, specialty products, and infrared products. It currently serves the following major markets, distribution and catalog, laser, industrial, instrumentation, telecommunications, and defense.
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