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Marketwise (Marketwise) Gross Profit : $78.6 Mil (TTM As of Sep. 2021)


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What is Marketwise Gross Profit?

Marketwise's gross profit for the three months ended in Sep. 2021 was $78.6 Mil. Marketwise's gross profit for the trailing twelve months (TTM) ended in Sep. 2021 was $78.6 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Marketwise's gross profit for the three months ended in Sep. 2021 was $78.6 Mil. Marketwise's Revenue for the three months ended in Sep. 2021 was $140.7 Mil. Therefore, Marketwise's Gross Margin % for the quarter that ended in Sep. 2021 was 55.91%.

Marketwise had a gross margin of 55.91% for the quarter that ended in Sep. 2021 => Durable competitive advantage

During the past 1 years, the highest Gross Margin % of Marketwise was 55.91%. The lowest was 0.00%. And the median was 0.00%.


Marketwise Gross Profit Historical Data

The historical data trend for Marketwise'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.

Marketwise Gross Profit Chart

Marketwise Annual Data
Trend Dec20
Gross Profit
-

Marketwise Quarterly Data
Feb20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21
Gross Profit Get a 7-Day Free Trial - - - - 78.64

Competitive Comparison of Marketwise's Gross Profit

For the Software - Application subindustry, Marketwise'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.


Marketwise's Gross Profit Distribution in the Software Industry

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

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



Marketwise Gross Profit Calculation

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

Marketwise's Gross Profit for the fiscal year that ended in Dec. 2020 is calculated as

Gross Profit (A: Dec. 2020 )=Revenue - Cost of Goods Sold
=0 - 0
=0.0

Marketwise's Gross Profit for the quarter that ended in Sep. 2021 is calculated as

Gross Profit (Q: Sep. 2021 )=Revenue - Cost of Goods Sold
=140.667 - 62.024
=78.6

Gross Profit for the trailing twelve months (TTM) ended in Sep. 2021 adds up the quarterly data reported by the company within the most recent 12 months, which was $78.6 Mil.

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

Marketwise's Gross Margin % for the quarter that ended in Sep. 2021 is calculated as

Gross Margin % (Q: Sep. 2021 )=Gross Profit (Q: Sep. 2021 ) / Revenue (Q: Sep. 2021 )
=(Revenue - Cost of Goods Sold) / Revenue
=78.6 / 140.667
=55.91 %

* 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.


Marketwise  (NAS:MKTW) 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

Marketwise had a gross margin of 55.91% for the quarter that ended in Sep. 2021 => Durable competitive advantage


Marketwise Gross Profit Related Terms

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Marketwise (Marketwise) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
1125 N. Charles Street, Baltimore, MD, USA, 21201
Marketwise Inc is a multi-brand subscription services platform providing premium financial research, software, education, and tools for investors. Its products are built for high-value financial research, education, actionable investment ideas, and investment software. It is a digital, direct-to-consumer company offering its research across a variety of platforms including mobile, desktops, and tablets.