GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Fly Play hf (OISE:PLAY) » Definitions » Gross Profit

Fly Play hf (OISE:PLAY) Gross Profit : kr5,969 Mil (TTM As of Sep. 2023)


View and export this data going back to 2021. Start your Free Trial

What is Fly Play hf Gross Profit?

Fly Play hf's gross profit for the three months ended in Sep. 2023 was kr2,651 Mil. Fly Play hf's gross profit for the trailing twelve months (TTM) ended in Sep. 2023 was kr5,969 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Fly Play hf's gross profit for the three months ended in Sep. 2023 was kr2,651 Mil. Fly Play hf's Revenue for the three months ended in Sep. 2023 was kr15,324 Mil. Therefore, Fly Play hf's Gross Margin % for the quarter that ended in Sep. 2023 was 17.30%.

Fly Play hf had a gross margin of 17.30% for the quarter that ended in Sep. 2023 => No sustainable competitive advantage

During the past 4 years, the highest Gross Margin % of Fly Play hf was 16.90%. The lowest was -115.05%. And the median was -56.14%.


Fly Play hf Gross Profit Historical Data

The historical data trend for Fly Play hf'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.

Fly Play hf Gross Profit Chart

Fly Play hf Annual Data
Trend Dec19 Dec20 Dec21 Dec22
Gross Profit
- -47.01 -2,630.05 540.64

Fly Play hf Quarterly Data
Dec19 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 611.30 2,626.57 -196.12 887.67 2,651.19

Competitive Comparison of Fly Play hf's Gross Profit

For the Airlines subindustry, Fly Play hf'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.


Fly Play hf's Gross Profit Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Fly Play hf's Gross Profit distribution charts can be found below:

* The bar in red indicates where Fly Play hf's Gross Profit falls into.



Fly Play hf Gross Profit Calculation

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

Fly Play hf's Gross Profit for the fiscal year that ended in Dec. 2022 is calculated as

Gross Profit (A: Dec. 2022 )=Revenue - Cost of Goods Sold
=19459.513 - 18918.871
=541

Fly Play hf's Gross Profit for the quarter that ended in Sep. 2023 is calculated as

Gross Profit (Q: Sep. 2023 )=Revenue - Cost of Goods Sold
=15323.953 - 12672.76
=2,651

Gross Profit for the trailing twelve months (TTM) ended in Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was kr5,969 Mil.

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

Fly Play hf's Gross Margin % for the quarter that ended in Sep. 2023 is calculated as

Gross Margin % (Q: Sep. 2023 )=Gross Profit (Q: Sep. 2023 ) / Revenue (Q: Sep. 2023 )
=(Revenue - Cost of Goods Sold) / Revenue
=2,651 / 15323.953
=17.30 %

* 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.


Fly Play hf  (OISE:PLAY) 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

Fly Play hf had a gross margin of 17.30% for the quarter that ended in Sep. 2023 => No sustainable competitive advantage


Fly Play hf Gross Profit Related Terms

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


Fly Play hf (OISE:PLAY) Business Description

Traded in Other Exchanges
N/A
Address
Suourlandsbraut 14, Reykjavik, ISL, 108
Fly Play hf is a low-cost airline operating flights between Iceland and Europe using Keflavik International Airport as a hub to facilitate connections for passengers, and cargo.

Fly Play hf (OISE:PLAY) Headlines