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Italian Wine Brands SpA (MIL:IWB) Gross Profit : €69.8 Mil (TTM As of Jun. 2024)


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What is Italian Wine Brands SpA Gross Profit?

Italian Wine Brands SpA's gross profit for the six months ended in Jun. 2024 was €33.8 Mil. Italian Wine Brands SpA's gross profit for the trailing twelve months (TTM) ended in Jun. 2024 was €69.8 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Italian Wine Brands SpA's gross profit for the six months ended in Jun. 2024 was €33.8 Mil. Italian Wine Brands SpA's Revenue for the six months ended in Jun. 2024 was €191.2 Mil. Therefore, Italian Wine Brands SpA's Gross Margin % for the quarter that ended in Jun. 2024 was 17.68%.

Italian Wine Brands SpA had a gross margin of 17.68% for the quarter that ended in Jun. 2024 => No sustainable competitive advantage

During the past 9 years, the highest Gross Margin % of Italian Wine Brands SpA was 18.61%. The lowest was 12.30%. And the median was 14.88%.


Italian Wine Brands SpA Gross Profit Historical Data

The historical data trend for Italian Wine Brands 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.

* Premium members only.

Italian Wine Brands SpA Gross Profit Chart

Italian Wine Brands SpA Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial Premium Member Only 23.64 32.12 44.65 48.06 63.85

Italian Wine Brands SpA Semi-Annual Data
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 22.04 26.02 27.85 36.00 33.81

Competitive Comparison of Italian Wine Brands SpA's Gross Profit

For the Beverages - Wineries & Distilleries subindustry, Italian Wine Brands 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.


Italian Wine Brands SpA's Gross Profit Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Italian Wine Brands SpA's Gross Profit distribution charts can be found below:

* The bar in red indicates where Italian Wine Brands SpA's Gross Profit falls into.



Italian Wine Brands SpA Gross Profit Calculation

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

Italian Wine Brands SpA'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
=429.127 - 365.274
=63.9

Italian Wine Brands SpA's Gross Profit for the quarter that ended in Jun. 2024 is calculated as

Gross Profit (Q: Jun. 2024 )=Revenue - Cost of Goods Sold
=191.202 - 157.391
=33.8

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 €69.8 Mil.

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

Italian Wine Brands SpA'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
=33.8 / 191.202
=17.68 %

* 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.


Italian Wine Brands SpA  (MIL:IWB) 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

Italian Wine Brands SpA had a gross margin of 17.68% for the quarter that ended in Jun. 2024 => No sustainable competitive advantage


Italian Wine Brands SpA Gross Profit Related Terms

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Italian Wine Brands SpA Business Description

Traded in Other Exchanges
Address
Viale Abruzzi 94, Milan, ITA, 20131
Italian Wine Brands SpA through its subsidiaries is engaged in the production and distribution of wine in Italy. The group works through two different sales channels namely Distance Selling and Wholesale. The company also offers gourmet food products, coffee, and extra virgin olive oil, to Terre dei Gigli and Italian Art Cafe brands. The company operates in Europe and rest of the world.

Italian Wine Brands SpA Headlines

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