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Being AI (NZSE:BAI) Gross Profit : NZ$4.99 Mil (TTM As of Sep. 2024)


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What is Being AI Gross Profit?

Being AI's gross profit for the six months ended in Sep. 2024 was NZ$4.99 Mil. Being AI's gross profit for the trailing twelve months (TTM) ended in Sep. 2024 was NZ$4.99 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Being AI's gross profit for the six months ended in Sep. 2024 was NZ$4.99 Mil. Being AI's Revenue for the six months ended in Sep. 2024 was NZ$21.49 Mil. Therefore, Being AI's Gross Margin % for the quarter that ended in Sep. 2024 was 23.21%.

Being AI had a gross margin of 23.21% for the quarter that ended in Sep. 2024 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of Being AI was 23.21%. The lowest was 20.33%. And the median was 20.33%.


Being AI Gross Profit Historical Data

The historical data trend for Being AI'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.

Being AI Gross Profit Chart

Being AI Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 8.22

Being AI Semi-Annual Data
Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
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 - - - - 4.99

Competitive Comparison of Being AI's Gross Profit

For the Conglomerates subindustry, Being AI'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.


Being AI's Gross Profit Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Being AI's Gross Profit distribution charts can be found below:

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



Being AI Gross Profit Calculation

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

Being AI's Gross Profit for the fiscal year that ended in Mar. 2024 is calculated as

Gross Profit (A: Mar. 2024 )=Revenue - Cost of Goods Sold
=40.409 - 32.193
=8.22

Being AI's Gross Profit for the quarter that ended in Sep. 2024 is calculated as

Gross Profit (Q: Sep. 2024 )=Revenue - Cost of Goods Sold
=21.485 - 16.498
=4.99

Gross Profit for the trailing twelve months (TTM) ended in Sep. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was NZ$4.99 Mil.

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

Being AI's Gross Margin % for the quarter that ended in Sep. 2024 is calculated as

Gross Margin % (Q: Sep. 2024 )=Gross Profit (Q: Sep. 2024 ) / Revenue (Q: Sep. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=4.99 / 21.485
=23.21 %

* 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.


Being AI  (NZSE:BAI) 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

Being AI had a gross margin of 23.21% for the quarter that ended in Sep. 2024 => Competition eroding margins


Being AI Gross Profit Related Terms

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Being AI Business Description

Traded in Other Exchanges
N/A
Address
33-35 Hurstmere Road, Level 4, Takapuna, Auckland, NZL, 0622
Being AI Ltd is a diversified artificial intelligence services, development and investment business.

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