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K3 Business Technology Group (LSE:KBT) Gross Profit : £14.77 Mil (TTM As of Nov. 2024)


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What is K3 Business Technology Group Gross Profit?

K3 Business Technology Group's gross profit for the six months ended in Nov. 2024 was £4.92 Mil. K3 Business Technology Group's gross profit for the trailing twelve months (TTM) ended in Nov. 2024 was £14.77 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. K3 Business Technology Group's gross profit for the six months ended in Nov. 2024 was £4.92 Mil. K3 Business Technology Group's Revenue for the six months ended in Nov. 2024 was £7.75 Mil. Therefore, K3 Business Technology Group's Gross Margin % for the quarter that ended in Nov. 2024 was 63.43%.

K3 Business Technology Group had a gross margin of 63.43% for the quarter that ended in Nov. 2024 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of K3 Business Technology Group was 63.62%. The lowest was 51.52%. And the median was 58.19%.


K3 Business Technology Group Gross Profit Historical Data

The historical data trend for K3 Business Technology Group'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.

K3 Business Technology Group Gross Profit Chart

K3 Business Technology Group Annual Data
Trend Jun14 Jun15 Jun16 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 26.84 26.84 27.87 18.61 14.77

K3 Business Technology Group Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23 May24 Nov24
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 15.98 12.35 6.26 9.86 4.92

Competitive Comparison of K3 Business Technology Group's Gross Profit

For the Information Technology Services subindustry, K3 Business Technology Group'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.


K3 Business Technology Group's Gross Profit Distribution in the Software Industry

For the Software industry and Technology sector, K3 Business Technology Group's Gross Profit distribution charts can be found below:

* The bar in red indicates where K3 Business Technology Group's Gross Profit falls into.


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K3 Business Technology Group Gross Profit Calculation

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

K3 Business Technology Group's Gross Profit for the fiscal year that ended in Nov. 2024 is calculated as

Gross Profit (A: Nov. 2024 )=Revenue - Cost of Goods Sold
=23.217 - 8.446
=14.77

K3 Business Technology Group's Gross Profit for the quarter that ended in Nov. 2024 is calculated as

Gross Profit (Q: Nov. 2024 )=Revenue - Cost of Goods Sold
=7.749 - 2.834
=4.92

Gross Profit for the trailing twelve months (TTM) ended in Nov. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was £14.77 Mil.

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

K3 Business Technology Group's Gross Margin % for the quarter that ended in Nov. 2024 is calculated as

Gross Margin % (Q: Nov. 2024 )=Gross Profit (Q: Nov. 2024 ) / Revenue (Q: Nov. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=4.92 / 7.749
=63.43 %

* 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.


K3 Business Technology Group  (LSE:KBT) 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

K3 Business Technology Group had a gross margin of 63.43% for the quarter that ended in Nov. 2024 => Durable competitive advantage


K3 Business Technology Group Gross Profit Related Terms

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K3 Business Technology Group Business Description

Traded in Other Exchanges
N/A
Address
50 Kansas Avenue, Baltimore House, Manchester, GBR, M50 2GL
K3 Business Technology Group PLC is a business technology group. The company provides integrated business solutions including enterprise resource planning software, customer relationship management software, business intelligence, e-commerce, hosting, and managed services to the supply chain industry. It serves retail, manufacturing, and distribution customers. The company's segments include K3 Own IP, Global Accounts, and 3rd party products. It has operations in the United Kingdom, Netherlands, Ireland, the Middle East, the Rest of Europe, the USA, and the Rest of the World. The revenue is derived from the United Kingdom.

K3 Business Technology Group Headlines

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