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Airtel Africa (MEX:AAF) Gross Profit : MXN59,530 Mil (TTM As of Sep. 2024)


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What is Airtel Africa Gross Profit?

Airtel Africa's gross profit for the three months ended in Sep. 2024 was MXN16,855 Mil. Airtel Africa's gross profit for the trailing twelve months (TTM) ended in Sep. 2024 was MXN59,530 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Airtel Africa's gross profit for the three months ended in Sep. 2024 was MXN16,855 Mil. Airtel Africa's Revenue for the three months ended in Sep. 2024 was MXN23,904 Mil. Therefore, Airtel Africa's Gross Margin % for the quarter that ended in Sep. 2024 was 70.51%.

Airtel Africa had a gross margin of 70.51% for the quarter that ended in Sep. 2024 => Durable competitive advantage

During the past 8 years, the highest Gross Margin % of Airtel Africa was 70.33%. The lowest was 55.24%. And the median was 62.31%.


Airtel Africa Gross Profit Historical Data

The historical data trend for Airtel Africa'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.

Airtel Africa Gross Profit Chart

Airtel Africa Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Gross Profit
Get a 7-Day Free Trial 49,217.35 50,550.59 59,792.73 64,475.43 58,003.91

Airtel Africa Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 15,415.72 14,971.29 13,011.46 14,692.72 16,854.90

Competitive Comparison of Airtel Africa's Gross Profit

For the Telecom Services subindustry, Airtel Africa'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.


Airtel Africa's Gross Profit Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Airtel Africa's Gross Profit distribution charts can be found below:

* The bar in red indicates where Airtel Africa's Gross Profit falls into.



Airtel Africa Gross Profit Calculation

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

Airtel Africa's Gross Profit for the fiscal year that ended in Mar. 2024 is calculated as

Gross Profit (A: Mar. 2024 )=Revenue - Cost of Goods Sold
=82632.754 - 24628.843
=58,004

Airtel Africa's Gross Profit for the quarter that ended in Sep. 2024 is calculated as

Gross Profit (Q: Sep. 2024 )=Revenue - Cost of Goods Sold
=23904.024 - 7049.127
=16,855

Gross Profit for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was MXN59,530 Mil.

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

Airtel Africa's Gross Margin % for the quarter that ended in Sep. 2024 is calculated as

Gross Margin % (Q: Sep. 2024 )=Gross Profit (Q: Sep. 2024 ) / Revenue (Q: Sep. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=16,855 / 23904.024
=70.51 %

* 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.


Airtel Africa  (MEX:AAF) 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

Airtel Africa had a gross margin of 70.51% for the quarter that ended in Sep. 2024 => Durable competitive advantage


Airtel Africa Gross Profit Related Terms

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Airtel Africa Business Description

Comparable Companies
Address
53/54 Grosvenor Street, First Floor, London, GBR, W1K 3HU
Airtel Africa PLC is engaged in providing affordable and inventive mobile services. The principal activities of the company primarily consist of the provision of telecommunications and mobile money services. The company's segment includes Nigeria mobile services; East Africa mobile services; Francophone Africa mobile services; Mobile money and others. It generates maximum revenue from the Nigeria mobile services segment. Nigeria's mobile services segment comprises mobile service operations in Nigeria.

Airtel Africa Headlines

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