Res SpA (MIL:RES) Gross Profit : €6.89 Mil (TTM As of Dec. 2023)

View and export this data going back to 2023. Start your Free Trial

What is Res SpA Gross Profit?

Res SpA's gross profit for the six months ended in Dec. 2023 was €3.47 Mil. Res SpA's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was €6.89 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Res SpA's gross profit for the six months ended in Dec. 2023 was €3.47 Mil. Res SpA's Revenue for the six months ended in Dec. 2023 was €9.64 Mil. Therefore, Res SpA's Gross Margin % for the quarter that ended in Dec. 2023 was 36.02%.

Res SpA had a gross margin of 36.02% for the quarter that ended in Dec. 2023 => Competition eroding margins

During the past 3 years, the highest Gross Margin % of Res SpA was 40.38%. The lowest was 33.17%. And the median was 35.93%.

Res SpA Gross Profit Historical Data

The historical data trend for Res 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.

Res SpA Gross Profit Chart

Res SpA Annual Data

Trend

Dec21

Dec22

Dec23

Gross Profit

6.22

7.18

6.89

Res SpA Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23	Dec23
Gross Profit	-	2.96	4.22	3.42	3.47

Competitive Comparison of Res SpA's Gross Profit

For the Waste Management subindustry, Res 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.

Res SpA's Gross Profit Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Res SpA's Gross Profit distribution charts can be found below:

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

Res SpA Gross Profit Calculation

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

Res 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
	=	19.183	-	12.29
	=	6.89

Res SpA's Gross Profit for the quarter that ended in Dec. 2023 is calculated as

Gross Profit (Q: Dec. 2023 )	=	Revenue	-	Cost of Goods Sold
	=	9.641	-	6.168
	=	3.47

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was €6.89 Mil.

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

Res SpA's Gross Margin % for the quarter that ended in Dec. 2023 is calculated as

Gross Margin % (Q: Dec. 2023 )	=	Gross Profit (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	3.47	/	9.641
	=	36.02 %

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.

Res SpA (MIL:RES) 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

Res SpA had a gross margin of 36.02% for the quarter that ended in Dec. 2023 => Competition eroding margins

Res SpA Gross Profit Related Terms

Thank you for viewing the detailed overview of Res SpA's Gross Profit provided by GuruFocus.com. Please click on the following links to see related term pages.

Res SpA (MIL:RES) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Res SpA (MIL:RES) » Definitions » Gross Profit

Comparable Companies

Traded in Other Exchanges

N/A

Address

Pettoranello del Molise, Zona Industriale, ITA, 86090

Website

https://www.recuperoeticosostenibile.it

Res SpA operates in the waste sector. The business activity is mainly focused on the collection and sorting of materials. The company deals with the entire waste management process from selection to functional treatment and transformation to the regeneration and recovery of waste and reuse as production raw materials.