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Plurilock Security (Plurilock Security) Gross Profit : $4.64 Mil (TTM As of Mar. 2024)


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What is Plurilock Security Gross Profit?

Plurilock Security's gross profit for the three months ended in Mar. 2024 was $1.87 Mil. Plurilock Security's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was $4.64 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Plurilock Security's gross profit for the three months ended in Mar. 2024 was $1.87 Mil. Plurilock Security's Revenue for the three months ended in Mar. 2024 was $8.55 Mil. Therefore, Plurilock Security's Gross Margin % for the quarter that ended in Mar. 2024 was 21.90%.

Plurilock Security had a gross margin of 21.90% for the quarter that ended in Mar. 2024 => Competition eroding margins

During the past 5 years, the highest Gross Margin % of Plurilock Security was 87.64%. The lowest was 6.78%. And the median was 8.31%.


Plurilock Security Gross Profit Historical Data

The historical data trend for Plurilock Security'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.

Plurilock Security Gross Profit Chart

Plurilock Security Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
0.43 0.31 1.94 3.67 4.36

Plurilock Security Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 1.57 1.03 1.06 0.68 1.87

Competitive Comparison of Plurilock Security's Gross Profit

For the Software - Infrastructure subindustry, Plurilock Security'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.


Plurilock Security's Gross Profit Distribution in the Software Industry

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

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



Plurilock Security Gross Profit Calculation

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

Plurilock Security'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
=52.49 - 48.128
=4.36

Plurilock Security's Gross Profit for the quarter that ended in Mar. 2024 is calculated as

Gross Profit (Q: Mar. 2024 )=Revenue - Cost of Goods Sold
=8.551 - 6.678
=1.87

Gross Profit for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $4.64 Mil.

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

Plurilock Security's Gross Margin % for the quarter that ended in Mar. 2024 is calculated as

Gross Margin % (Q: Mar. 2024 )=Gross Profit (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=1.87 / 8.551
=21.90 %

* 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.


Plurilock Security  (OTCPK:PLCKF) 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

Plurilock Security had a gross margin of 21.90% for the quarter that ended in Mar. 2024 => Competition eroding margins


Plurilock Security Gross Profit Related Terms

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Plurilock Security (Plurilock Security) Business Description

Traded in Other Exchanges
Address
1021 West Hastings Street, MNP Tower, 9th Floor, Vancouver, BC, CAN, V6E 0C3
Plurilock Security Inc is an identity-centric cybersecurity company that reduces or eliminates the need for passwords by measuring the pace, rhythm, and cadence of a user's keystrokes to confirm their identity. It has two operating segments, the Technology Division and the Solutions Division. The Technology division, operated under the legacy Plurilock brand, builds and operates Plurilock's own proprietary products. The Solutions division offers ASC's and INC's services and resells cybersecurity industry products and technologies to meet customer needs.

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