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AIREA (LSE:AIEA) Gross Profit : £21.10 Mil (TTM As of Dec. 2023)


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What is AIREA Gross Profit?

AIREA's gross profit for the six months ended in Dec. 2023 was £11.28 Mil. AIREA's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was £21.10 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. AIREA's gross profit for the six months ended in Dec. 2023 was £11.28 Mil. AIREA's Revenue for the six months ended in Dec. 2023 was £11.28 Mil. Therefore, AIREA's Gross Margin % for the quarter that ended in Dec. 2023 was N/A%.

AIREA had a gross margin of N/A% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

During the past 13 years, the highest Gross Margin % of AIREA was 62.18%. The lowest was 57.52%. And the median was 59.21%.


AIREA Gross Profit Historical Data

The historical data trend for AIREA'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.

AIREA Gross Profit Chart

AIREA Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.12 8.62 9.48 10.63 12.63

AIREA Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 8.43 8.55 9.93 9.83 11.28

Competitive Comparison of AIREA's Gross Profit

For the Textile Manufacturing subindustry, AIREA'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.


AIREA's Gross Profit Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, AIREA's Gross Profit distribution charts can be found below:

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



AIREA Gross Profit Calculation

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

AIREA'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
=21.102 - 8.469
=12.63

AIREA's Gross Profit for the quarter that ended in Dec. 2023 is calculated as

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=11.277 - 0
=11.28

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was £21.10 Mil.

Gross Profit is the numerator in the calculation of Gross Margin. (Note that if there's no value for Cost of Goods Sold, then Gross Margin % is not calculated.)

AIREA's Gross Margin % for the quarter that ended in Dec. 2023 is calculated as

Gross Margin % (Q: Dec. 2023 )=Gross Profit (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=(Revenue - Cost of Goods Sold) / Revenue
=11.28 / 11.277
=N/A %

* 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.


AIREA  (LSE:AIEA) 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

AIREA had a gross margin of N/A% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage


AIREA Gross Profit Related Terms

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AIREA (LSE:AIEA) Business Description

Traded in Other Exchanges
Address
Victoria Mills, The Green, Ossett, West Yorkshire, GBR, WF5 0AN
AIREA PLC is a UK based specialist flooring company. It focuses on manufacturing, marketing and distribution of floor coverings. Its product portfolio includes contract carpets, carpet tiles, tufted carpet, and floor coverings. It markets under brand name of Burmatex. It also offers standard carpet ranges through retail outlets and a range of spanning fiber bonded and tufted carpet in sheet and tile. The company aims at meetings architects, contractors for the education, leisure, commercial and healthcare sector requirements across the United Kingdom, Republic of Ireland and North America.

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