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Trustpilot Group (LSE:TRST) Gross Profit : £115.0 Mil (TTM As of Dec. 2023)


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What is Trustpilot Group Gross Profit?

Trustpilot Group's gross profit for the six months ended in Dec. 2023 was £60.0 Mil. Trustpilot Group's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was £115.0 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Trustpilot Group's gross profit for the six months ended in Dec. 2023 was £60.0 Mil. Trustpilot Group's Revenue for the six months ended in Dec. 2023 was £72.5 Mil. Therefore, Trustpilot Group's Gross Margin % for the quarter that ended in Dec. 2023 was 82.68%.

Trustpilot Group had a gross margin of 82.68% for the quarter that ended in Dec. 2023 => Durable competitive advantage

During the past 6 years, the highest Gross Margin % of Trustpilot Group was 82.47%. The lowest was 77.98%. And the median was 81.58%.


Trustpilot Group Gross Profit Historical Data

The historical data trend for Trustpilot 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.

Trustpilot Group Gross Profit Chart

Trustpilot Group Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial 50.54 62.44 80.31 100.16 114.90

Trustpilot Group Semi-Annual Data
Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Gross Profit Get a 7-Day Free Trial Premium Member Only Premium Member Only 42.13 48.69 50.93 55.09 59.96

Competitive Comparison of Trustpilot Group's Gross Profit

For the Software - Application subindustry, Trustpilot 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.


Trustpilot Group's Gross Profit Distribution in the Software Industry

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

* The bar in red indicates where Trustpilot Group's Gross Profit falls into.



Trustpilot Group Gross Profit Calculation

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

Trustpilot Group'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
=139.326 - 24.422
=114.9

Trustpilot Group's Gross Profit for the quarter that ended in Dec. 2023 is calculated as

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=72.517 - 12.56
=60.0

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 £115.0 Mil.

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

Trustpilot Group'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
=60.0 / 72.517
=82.68 %

* 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.


Trustpilot Group  (LSE:TRST) 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

Trustpilot Group had a gross margin of 82.68% for the quarter that ended in Dec. 2023 => Durable competitive advantage


Trustpilot Group Gross Profit Related Terms

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Trustpilot Group (LSE:TRST) Business Description

Traded in Other Exchanges
Address
21 Mincing Lane, 5th Floor The Minster Building, London, GBR, EC3R 7AG
Trustpilot Group PLC is a global review platform in an emerging and growing category. It seeks to provide a trust layer for the open commerce ecosystem by giving consumers the confidence to purchase goods and services from a wide range of online and offline businesses across the world.