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Fusion Antibodies (LSE:FAB) Gross Profit : £0.36 Mil (TTM As of Sep. 2024)


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What is Fusion Antibodies Gross Profit?

Fusion Antibodies's gross profit for the six months ended in Sep. 2024 was £0.33 Mil. Fusion Antibodies's gross profit for the trailing twelve months (TTM) ended in Sep. 2024 was £0.36 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Fusion Antibodies's gross profit for the six months ended in Sep. 2024 was £0.33 Mil. Fusion Antibodies's Revenue for the six months ended in Sep. 2024 was £1.21 Mil. Therefore, Fusion Antibodies's Gross Margin % for the quarter that ended in Sep. 2024 was 26.93%.

Fusion Antibodies had a gross margin of 26.93% for the quarter that ended in Sep. 2024 => Competition eroding margins

During the past 10 years, the highest Gross Margin % of Fusion Antibodies was 58.27%. The lowest was -3.96%. And the median was 49.00%.


Fusion Antibodies Gross Profit Historical Data

The historical data trend for Fusion Antibodies'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.

Fusion Antibodies Gross Profit Chart

Fusion Antibodies Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.77 2.02 2.47 0.57 -0.05

Fusion Antibodies Semi-Annual Data
Mar15 Mar16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
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 0.61 -0.03 -0.08 0.04 0.33

Competitive Comparison of Fusion Antibodies's Gross Profit

For the Biotechnology subindustry, Fusion Antibodies'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.


Fusion Antibodies's Gross Profit Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Fusion Antibodies's Gross Profit distribution charts can be found below:

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


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Fusion Antibodies Gross Profit Calculation

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

Fusion Antibodies's Gross Profit for the fiscal year that ended in Mar. 2024 is calculated as

Gross Profit (A: Mar. 2024 )=Revenue - Cost of Goods Sold
=1.136 - 1.181
=-0.04

Fusion Antibodies's Gross Profit for the quarter that ended in Sep. 2024 is calculated as

Gross Profit (Q: Sep. 2024 )=Revenue - Cost of Goods Sold
=1.207 - 0.882
=0.33

Gross Profit for the trailing twelve months (TTM) ended in Sep. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was £0.36 Mil.

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

Fusion Antibodies's Gross Margin % for the quarter that ended in Sep. 2024 is calculated as

Gross Margin % (Q: Sep. 2024 )=Gross Profit (Q: Sep. 2024 ) / Revenue (Q: Sep. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=0.33 / 1.207
=26.93 %

* 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.


Fusion Antibodies  (LSE:FAB) 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

Fusion Antibodies had a gross margin of 26.93% for the quarter that ended in Sep. 2024 => Competition eroding margins


Fusion Antibodies Gross Profit Related Terms

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Fusion Antibodies Business Description

Traded in Other Exchanges
N/A
Address
1 Springbank Road, Springbank Industrial Estate, Dunmurry, Belfast, GBR, BT17 0QL
Fusion Antibodies PLC offers various antibody engineering services for all therapeutic and diagnostic antibody development stages. It is engaged in the research, development, and manufacturing of recombinant proteins, particularly in cancer and infectious diseases. Its services include antibody sequencing, antibody humanization, stable cell line development, monoclonal antibody production, and transient protein expression. Geographically company generates the majority of its revenue from North America.

Fusion Antibodies Headlines

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