HiWave Technologies (LSE:HIW) Gross Profit : £0.80 Mil (TTM As of Sep. 2012)

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What is HiWave Technologies Gross Profit?

HiWave Technologies's gross profit for the six months ended in Sep. 2012 was £0.38 Mil. HiWave Technologies's gross profit for the trailing twelve months (TTM) ended in Sep. 2012 was £0.80 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. HiWave Technologies's gross profit for the six months ended in Sep. 2012 was £0.38 Mil. HiWave Technologies's Revenue for the six months ended in Sep. 2012 was £0.63 Mil. Therefore, HiWave Technologies's Gross Margin % for the quarter that ended in Sep. 2012 was 60.70%.

HiWave Technologies had a gross margin of 60.70% for the quarter that ended in Sep. 2012 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of HiWave Technologies was 100.00%. The lowest was 16.80%. And the median was 69.60%.

Warning Sign:

HiWave Technologies PLC gross margin has been in long term decline. The average rate of decline per year is -8.8%.

HiWave Technologies Gross Profit Historical Data

The historical data trend for HiWave Technologies'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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HiWave Technologies Gross Profit Chart

HiWave Technologies Annual Data

Trend

Jun03

Jun04

Jun05

Jun06

Jun07

Jun08

Jun09

Jun10

Sep11

Sep12

Gross Profit

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2.08

3.13

1.74

1.39

0.80

HiWave Technologies Semi-Annual Data
	Dec02	Jun03	Dec03	Jun04	Dec04	Jun05	Dec05	Jun06	Dec06	Jun07	Dec07	Jun08	Dec08	Jun09	Dec09	Jun10	Dec10	Jun11	Mar12	Sep12
Gross Profit	Get a 7-Day Free Trial															0.83	0.58	0.48	0.42	0.38

Competitive Comparison of HiWave Technologies's Gross Profit

For the Electronic Components subindustry, HiWave 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.

HiWave Technologies's Gross Profit Distribution in the Hardware Industry

For the Hardware industry and Technology sector, HiWave Technologies's Gross Profit distribution charts can be found below:

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

HiWave Technologies Gross Profit Calculation

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

HiWave Technologies's Gross Profit for the fiscal year that ended in Sep. 2012 is calculated as

Gross Profit (A: Sep. 2012 )	=	Revenue	-	Cost of Goods Sold
	=	1.225	-	0.421
	=	0.80

HiWave Technologies's Gross Profit for the quarter that ended in Sep. 2012 is calculated as

Gross Profit (Q: Sep. 2012 )	=	Revenue	-	Cost of Goods Sold
	=	0.631	-	0.248
	=	0.38

Gross Profit for the trailing twelve months (TTM) ended in Sep. 2012 adds up the semi-annually data reported by the company within the most recent 12 months, which was £0.80 Mil.

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

HiWave Technologies's Gross Margin % for the quarter that ended in Sep. 2012 is calculated as

Gross Margin % (Q: Sep. 2012 )	=	Gross Profit (Q: Sep. 2012 )	/	Revenue (Q: Sep. 2012 )
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	0.38	/	0.631
	=	60.70 %

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.

HiWave Technologies (LSE:HIW) 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

HiWave Technologies had a gross margin of 60.70% for the quarter that ended in Sep. 2012 => Durable competitive advantage

HiWave Technologies Gross Profit Related Terms

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