First Capital SpA (MIL:FIC) Gross Profit: €23.34 Mil (TTM As of Dec. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

MIL:FIC First Capital SpA MIL:FIC
29 GF Score
Price €17.25
! 3 Warning Signs
View Full Analysis

What is First Capital SpA Gross Profit?

First Capital SpA MIL:FIC 29 Gross Profit is €23.34 Mil as of Dec. 2025. GuruFocus rates MIL:FIC with a GF Score™ of 29/100. The stock has 3 warning signs investors should review.

First Capital SpA's gross profit for the six months ended in Dec. 2025 was €14.33 Mil. First Capital SpA's gross profit for the trailing twelve months (TTM) ended in Dec. 2025 was €23.34 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. First Capital SpA's gross profit for the six months ended in Dec. 2025 was €14.33 Mil. First Capital SpA's Revenue for the six months ended in Dec. 2025 was €14.78 Mil. Therefore, First Capital SpA's Gross Margin % for the quarter that ended in Dec. 2025 was 96.99%.

First Capital SpA had a gross margin of 96.99% for the quarter that ended in Dec. 2025 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of First Capital SpA was 143.54%. The lowest was 76.15%. And the median was 95.61%.


First Capital SpA  (MIL:FIC) 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

First Capital SpA had a gross margin of 96.99% for the quarter that ended in Dec. 2025 => Durable competitive advantage


First Capital SpA Gross Profit Related Terms


First Capital SpA Gross Profit Historical Data

* Premium members only.

The historical data trend for First Capital SpA'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.

First Capital SpA Gross Profit Chart

First Capital SpA Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.32 -7.10 7.21 3.10 23.34

First Capital SpA Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 8.03 -3.78 6.88 9.01 14.33

MIL:FIC vs MS, GS, SCHW: Gross Profit Comparison

For the Capital Markets subindustry, First Capital SpA'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.


First Capital SpA Gross Profit vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, First Capital SpA's Gross Profit distribution charts can be found below:

* The bar in red indicates where First Capital SpA's Gross Profit falls into.


MIL:FIC
29GF Score
First Capital SpA MIL:FIC
Gross Profit is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

First Capital SpA Gross Profit Calculation

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

First Capital SpA's Gross Profit for the fiscal year that ended in Dec. 2025 is calculated as

Gross Profit (A: Dec. 2025 )=Revenue - Cost of Goods Sold
=24.338 - 1.002
=23.34

First Capital SpA's Gross Profit for the quarter that ended in Dec. 2025 is calculated as

Gross Profit (Q: Dec. 2025 )=Revenue - Cost of Goods Sold
=14.776 - 0.445
=14.33

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2025 adds up the semi-annually data reported by the company within the most recent 12 months, which was €23.34 Mil.

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

First Capital SpA's Gross Margin % for the quarter that ended in Dec. 2025 is calculated as

Gross Margin % (Q: Dec. 2025 )=Gross Profit (Q: Dec. 2025 ) / Revenue (Q: Dec. 2025 )
=(Revenue - Cost of Goods Sold) / Revenue
=14.33 / 14.776
=96.99 %

* 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.

Frequently Asked Questions Learn more about Gross Profit →
What does a Gross Profit of €23.34 Mil mean?
First Capital SpA (MIL:FIC) has a Gross Profit of €23.34 Mil as of Dec. 2025. Gross Profit equals net sales less total cost of goods sold. View historical data on First Capital SpA and its competitors.
Is First Capital SpA's Gross Profit too high?
First Capital SpA's current Gross Profit is €23.34 Mil. Overall, First Capital SpA has a GF Score™ of 29/100, reflecting its overall financial health beyond just this single metric.
How does First Capital SpA's Gross Profit compare to MS and GS?
First Capital SpA's Gross Profit of €23.34 Mil can be compared against companies in the Capital Markets industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Profit for a Capital Markets company?
A good Gross Profit depends on the Capital Markets industry context. However, Gross Profit should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Profit mean?
A high Gross Profit can signal that a stock is expensive relative to its fundamentals. Gross Profit equals net sales less total cost of goods sold. View historical data on First Capital SpA and its competitors. First Capital SpA's current Gross Profit is €23.34 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is First Capital SpA stock overvalued right now?
First Capital SpA (MIL:FIC) has a current Gross Profit of €23.34 Mil. The current Gross Profit is €23.34 Mil. First Capital SpA's overall GF Score™ is 29/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Profit calculated?
Gross Profit is calculated from a company's financial statements. For First Capital SpA (MIL:FIC), the current Gross Profit is €23.34 Mil as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

First Capital SpA Business Description

Address Viale Luigi Majno, 17/A, Milan, ITA, 20122
First Capital SpA is an investment holding company specialising in Public Equity and Private Equity Investments, focused on Small-Medium Enterprises, with an active approach to managing investee companies. It seeks investment opportunities among companies in niche markets with skilled management teams and with sustainable development plans. The company is a long-term investor which contributes to an increase of its target companies' value over time, supporting entrepreneurs for the creation of successful strategies, also through the appointment of its candidates in the administrative and supervisory bodies.
29GF Score

Get the complete analysis for MIL:FIC

Gross Profit is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€17.25
Price