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NOSUF (Nerds On Site) Gross Profit : $2.05 Mil (TTM As of Nov. 2024)


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What is Nerds On Site Gross Profit?

Nerds On Site's gross profit for the three months ended in Nov. 2024 was $0.57 Mil. Nerds On Site's gross profit for the trailing twelve months (TTM) ended in Nov. 2024 was $2.05 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Nerds On Site's gross profit for the three months ended in Nov. 2024 was $0.57 Mil. Nerds On Site's Revenue for the three months ended in Nov. 2024 was $2.04 Mil. Therefore, Nerds On Site's Gross Margin % for the quarter that ended in Nov. 2024 was 27.92%.

Nerds On Site had a gross margin of 27.92% for the quarter that ended in Nov. 2024 => Competition eroding margins

During the past 9 years, the highest Gross Margin % of Nerds On Site was 32.45%. The lowest was 25.05%. And the median was 26.02%.


Nerds On Site Gross Profit Historical Data

The historical data trend for Nerds On Site'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.

Nerds On Site Gross Profit Chart

Nerds On Site Annual Data
Trend May16 May17 May18 May19 May20 May21 May22 May23 May24
Gross Profit
Get a 7-Day Free Trial Premium Member Only 1.89 2.17 1.97 2.04 2.05

Nerds On Site Quarterly Data
Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24
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 0.58 0.48 0.51 0.49 0.57

Competitive Comparison of Nerds On Site's Gross Profit

For the Information Technology Services subindustry, Nerds On Site'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.


Nerds On Site's Gross Profit Distribution in the Software Industry

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

* The bar in red indicates where Nerds On Site's Gross Profit falls into.


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Nerds On Site Gross Profit Calculation

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

Nerds On Site's Gross Profit for the fiscal year that ended in May. 2024 is calculated as

Gross Profit (A: May. 2024 )=Revenue - Cost of Goods Sold
=8.015 - 5.97
=2.05

Nerds On Site's Gross Profit for the quarter that ended in Nov. 2024 is calculated as

Gross Profit (Q: Nov. 2024 )=Revenue - Cost of Goods Sold
=2.038 - 1.469
=0.57

Gross Profit for the trailing twelve months (TTM) ended in Nov. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $2.05 Mil.

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

Nerds On Site's Gross Margin % for the quarter that ended in Nov. 2024 is calculated as

Gross Margin % (Q: Nov. 2024 )=Gross Profit (Q: Nov. 2024 ) / Revenue (Q: Nov. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=0.57 / 2.038
=27.92 %

* 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.


Nerds On Site  (OTCPK:NOSUF) 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

Nerds On Site had a gross margin of 27.92% for the quarter that ended in Nov. 2024 => Competition eroding margins


Nerds On Site Gross Profit Related Terms

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Nerds On Site Business Description

Traded in Other Exchanges
Address
4026 Meadowbrook Drive, Unit 120-121, London, ON, CAN, N6L 1C7
Nerds On Site Inc provides mobile information technology (IT) support for small to medium-sized enterprises. Its services include computer set-up, network installation, tailored software services, and IT support. The company offers business solutions and residential services. The corporation oversees and retains a network of technically proficient and specially trained independent IT consultants (Consultants) to help clients by providing on-site, effective, consistent, and customized IT solutions.