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Beacon Energy (LSE:BCE) Gross Profit : £0.15 Mil (TTM As of Jun. 2023)


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What is Beacon Energy Gross Profit?

Beacon Energy's gross profit for the six months ended in Jun. 2023 was £0.15 Mil. Beacon Energy's gross profit for the trailing twelve months (TTM) ended in Jun. 2023 was £0.15 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Beacon Energy's gross profit for the six months ended in Jun. 2023 was £0.15 Mil. Beacon Energy's Revenue for the six months ended in Jun. 2023 was £0.25 Mil. Therefore, Beacon Energy's Gross Margin % for the quarter that ended in Jun. 2023 was 58.47%.

Beacon Energy had a gross margin of 58.47% for the quarter that ended in Jun. 2023 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of Beacon Energy was 58.47%. The lowest was 0.00%. And the median was 0.00%.


Beacon Energy Gross Profit Historical Data

The historical data trend for Beacon Energy'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.

Beacon Energy Gross Profit Chart

Beacon Energy Annual Data
Trend Apr12 Apr13 Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21
Gross Profit
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Beacon Energy Semi-Annual Data
Oct13 Apr14 Oct14 Apr15 Oct15 Apr16 Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Jun23
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 - - - - 0.15

Competitive Comparison of Beacon Energy's Gross Profit

For the Oil & Gas E&P subindustry, Beacon Energy'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.


Beacon Energy's Gross Profit Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Beacon Energy's Gross Profit distribution charts can be found below:

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



Beacon Energy Gross Profit Calculation

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

Beacon Energy's Gross Profit for the fiscal year that ended in Apr. 2021 is calculated as

Gross Profit (A: Apr. 2021 )=Revenue - Cost of Goods Sold
=0 - 0
=0.00

Beacon Energy's Gross Profit for the quarter that ended in Jun. 2023 is calculated as

Gross Profit (Q: Jun. 2023 )=Revenue - Cost of Goods Sold
=0.248 - 0.103
=0.15

Gross Profit for the trailing twelve months (TTM) ended in Jun. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was £0.15 Mil.

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

Beacon Energy's Gross Margin % for the quarter that ended in Jun. 2023 is calculated as

Gross Margin % (Q: Jun. 2023 )=Gross Profit (Q: Jun. 2023 ) / Revenue (Q: Jun. 2023 )
=(Revenue - Cost of Goods Sold) / Revenue
=0.15 / 0.248
=58.47 %

* 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.


Beacon Energy  (LSE:BCE) 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

Beacon Energy had a gross margin of 58.47% for the quarter that ended in Jun. 2023 => Durable competitive advantage


Beacon Energy Gross Profit Related Terms

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Beacon Energy (LSE:BCE) Business Description

Traded in Other Exchanges
Address
55 Athol Street, Douglas, IMN, IM1 1LA
Beacon Energy PLC is an international upstream oil & gas company with a fresh approach.