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Cicor Technologies (LTS:0QPR) Gross Profit : CHF204.9 Mil (TTM As of Jun. 2024)


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What is Cicor Technologies Gross Profit?

Cicor Technologies's gross profit for the six months ended in Jun. 2024 was CHF111.9 Mil. Cicor Technologies's gross profit for the trailing twelve months (TTM) ended in Jun. 2024 was CHF204.9 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Cicor Technologies's gross profit for the six months ended in Jun. 2024 was CHF111.9 Mil. Cicor Technologies's Revenue for the six months ended in Jun. 2024 was CHF231.3 Mil. Therefore, Cicor Technologies's Gross Margin % for the quarter that ended in Jun. 2024 was 48.38%.

Cicor Technologies had a gross margin of 48.38% for the quarter that ended in Jun. 2024 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of Cicor Technologies was 50.47%. The lowest was 46.33%. And the median was 47.60%.


Cicor Technologies Gross Profit Historical Data

The historical data trend for Cicor 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.

* Premium members only.

Cicor Technologies Gross Profit Chart

Cicor Technologies Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 117.65 102.68 115.24 146.12 182.74

Cicor Technologies Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 71.96 74.15 89.71 93.03 111.89

Competitive Comparison of Cicor Technologies's Gross Profit

For the Electronic Components subindustry, Cicor 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.


Cicor Technologies's Gross Profit Distribution in the Hardware Industry

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

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



Cicor Technologies Gross Profit Calculation

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

Cicor Technologies'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
=389.89 - 207.15
=182.7

Cicor Technologies's Gross Profit for the quarter that ended in Jun. 2024 is calculated as

Gross Profit (Q: Jun. 2024 )=Revenue - Cost of Goods Sold
=231.297 - 119.406
=111.9

Gross Profit for the trailing twelve months (TTM) ended in Jun. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was CHF204.9 Mil.

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

Cicor Technologies's Gross Margin % for the quarter that ended in Jun. 2024 is calculated as

Gross Margin % (Q: Jun. 2024 )=Gross Profit (Q: Jun. 2024 ) / Revenue (Q: Jun. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=111.9 / 231.297
=48.38 %

* 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.


Cicor Technologies  (LTS:0QPR) 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

Cicor Technologies had a gross margin of 48.38% for the quarter that ended in Jun. 2024 => Durable competitive advantage


Cicor Technologies Gross Profit Related Terms

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Cicor Technologies Business Description

Traded in Other Exchanges
Address
c/o Cicor Management AG, Gebenloostrasse 15, Bronschhofen, CHE, 9552
Cicor Technologies Ltd is engaged in the manufacturing of printed circuit boards, high-density interconnect, thin and thick film, radio frequency boards, quick turn prototypes, micro-assembly, packaging, and outsourcing of electronic modules and component groups. The company's products are used by medical technology, automotive, semiconductor, aerospace and defense, telecommunications, and watch industries. The business operates through segments are Electronic Manufacturing Services (EMS), and Advanced Substrates (AS). The Electronic Manufacturing Services segment generates maximum revenue for the company.

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