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ProStar Holdings (ProStar Holdings) Gross Profit : $0.68 Mil (TTM As of Mar. 2024)


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What is ProStar Holdings Gross Profit?

ProStar Holdings's gross profit for the three months ended in Mar. 2024 was $0.22 Mil. ProStar Holdings's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was $0.68 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. ProStar Holdings's gross profit for the three months ended in Mar. 2024 was $0.22 Mil. ProStar Holdings's Revenue for the three months ended in Mar. 2024 was $0.24 Mil. Therefore, ProStar Holdings's Gross Margin % for the quarter that ended in Mar. 2024 was 94.49%.

ProStar Holdings had a gross margin of 94.49% for the quarter that ended in Mar. 2024 => Durable competitive advantage

During the past 5 years, the highest Gross Margin % of ProStar Holdings was 86.73%. The lowest was 75.29%. And the median was 80.63%.


ProStar Holdings Gross Profit Historical Data

The historical data trend for ProStar Holdings'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.

ProStar Holdings Gross Profit Chart

ProStar Holdings Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
1.29 0.97 0.61 0.57 0.65

ProStar Holdings Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.20 0.18 0.18 0.09 0.22

Competitive Comparison of ProStar Holdings's Gross Profit

For the Software - Application subindustry, ProStar Holdings'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.


ProStar Holdings's Gross Profit Distribution in the Software Industry

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

* The bar in red indicates where ProStar Holdings's Gross Profit falls into.



ProStar Holdings Gross Profit Calculation

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

ProStar Holdings'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
=0.828 - 0.179
=0.65

ProStar Holdings's Gross Profit for the quarter that ended in Mar. 2024 is calculated as

Gross Profit (Q: Mar. 2024 )=Revenue - Cost of Goods Sold
=0.236 - 0.013
=0.22

Gross Profit for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.68 Mil.

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

ProStar Holdings's Gross Margin % for the quarter that ended in Mar. 2024 is calculated as

Gross Margin % (Q: Mar. 2024 )=Gross Profit (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=0.22 / 0.236
=94.49 %

* 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.


ProStar Holdings  (OTCPK:MAPPF) 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

ProStar Holdings had a gross margin of 94.49% for the quarter that ended in Mar. 2024 => Durable competitive advantage


ProStar Holdings Gross Profit Related Terms

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ProStar Holdings (ProStar Holdings) Business Description

Traded in Other Exchanges
Address
760 Horizon Drive, Suite 200, Grand Junction, CO, USA, 81506
ProStar Holdings Inc specializes in the development of patented mapping software. ProStar's Precision Mapping Solutions are natively cloud and mobile and offered as Software as a Service. The company's Software as a Service provides the ability to capture, record, and display the precise location of critical infrastructure such as buried utilities and pipelines; which is all accomplished in real time through ProStar's patented geospatial intelligence software. The Company operates in one reportable segment, providing Geospatial Intelligence Software for asset-centric industries, and earns revenue in one region, North America.

ProStar Holdings (ProStar Holdings) Headlines