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Invinity Energy Systems (LSE:IES) Gross Profit : £-3.36 Mil (TTM As of Dec. 2023)


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What is Invinity Energy Systems Gross Profit?

Invinity Energy Systems's gross profit for the six months ended in Dec. 2023 was £-0.02 Mil. Invinity Energy Systems's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was £-3.36 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Invinity Energy Systems's gross profit for the six months ended in Dec. 2023 was £-0.02 Mil. Invinity Energy Systems's Revenue for the six months ended in Dec. 2023 was £7.19 Mil. Therefore, Invinity Energy Systems's Gross Margin % for the quarter that ended in Dec. 2023 was -0.33%.

Invinity Energy Systems had a gross margin of -0.33% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

During the past 6 years, the highest Gross Margin % of Invinity Energy Systems was 14.03%. The lowest was -238.18%. And the median was -18.20%.


Invinity Energy Systems Gross Profit Historical Data

The historical data trend for Invinity Energy Systems'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.

Invinity Energy Systems Gross Profit Chart

Invinity Energy Systems Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial -0.05 -0.97 -3.44 0.02 -3.36

Invinity Energy Systems Semi-Annual Data
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 -2.70 -2.27 2.29 -3.33 -0.02

Competitive Comparison of Invinity Energy Systems's Gross Profit

For the Utilities - Renewable subindustry, Invinity Energy Systems'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.


Invinity Energy Systems's Gross Profit Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Invinity Energy Systems's Gross Profit distribution charts can be found below:

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



Invinity Energy Systems Gross Profit Calculation

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

Invinity Energy Systems'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
=22.006 - 25.361
=-3.36

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

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=7.194 - 7.218
=-0.02

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 £-3.36 Mil.

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

Invinity Energy Systems'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
=-0.02 / 7.194
=-0.33 %

* 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.


Invinity Energy Systems  (LSE:IES) 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

Invinity Energy Systems had a gross margin of -0.33% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage


Invinity Energy Systems Gross Profit Related Terms

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Invinity Energy Systems Business Description

Traded in Other Exchanges
Address
Castle Street, 3rd Floor, IFC5, St. Helier, JEY, JE2 3BY
Invinity Energy Systems PLC operates in the manufacturing of vanadium flow battery systems and their related installation and other services. Its vanadium flow batteries are a form of heavy-duty, stationary energy storage, used in high-utilization applications such as being coupled with industrial-scale solar generation for distributed, low-carbon energy projects. The company's flow battery systems are ideal for commercial and industrial sites, grid network infrastructure projects, and off-grid applications, either standalone or alongside renewable energy such as solar PV. It generates the majority of its revenue from the sale of Battery systems and associated control systems. Its geographical segments are the United Kingdom, Asia, the United States, and Others.

Invinity Energy Systems Headlines

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