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PODC (PodcastOne) Gross Profit : $4.56 Mil (TTM As of Sep. 2024)


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What is PodcastOne Gross Profit?

PodcastOne's gross profit for the three months ended in Sep. 2024 was $1.01 Mil. PodcastOne's gross profit for the trailing twelve months (TTM) ended in Sep. 2024 was $4.56 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. PodcastOne's gross profit for the three months ended in Sep. 2024 was $1.01 Mil. PodcastOne's Revenue for the three months ended in Sep. 2024 was $12.15 Mil. Therefore, PodcastOne's Gross Margin % for the quarter that ended in Sep. 2024 was 8.33%.

PodcastOne had a gross margin of 8.33% for the quarter that ended in Sep. 2024 => No sustainable competitive advantage

During the past 4 years, the highest Gross Margin % of PodcastOne was 20.40%. The lowest was 9.62%. And the median was 18.79%.


PodcastOne Gross Profit Historical Data

The historical data trend for PodcastOne'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.

PodcastOne Gross Profit Chart

PodcastOne Annual Data
Trend Mar21 Mar22 Mar23 Mar24
Gross Profit
- 6.08 7.07 5.98

PodcastOne Quarterly Data
Jun20 Mar21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 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 1.46 1.06 1.05 1.45 1.01

Competitive Comparison of PodcastOne's Gross Profit

For the Internet Content & Information subindustry, PodcastOne'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.


PodcastOne's Gross Profit Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, PodcastOne's Gross Profit distribution charts can be found below:

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



PodcastOne Gross Profit Calculation

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

PodcastOne'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
=43.302 - 37.326
=5.98

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

Gross Profit (Q: Sep. 2024 )=Revenue - Cost of Goods Sold
=12.154 - 11.142
=1.01

Gross Profit for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $4.56 Mil.

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

PodcastOne'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
=1.01 / 12.154
=8.33 %

* 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.


PodcastOne  (NAS:PODC) 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

PodcastOne had a gross margin of 8.33% for the quarter that ended in Sep. 2024 => No sustainable competitive advantage


PodcastOne Gross Profit Related Terms

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PodcastOne Business Description

Traded in Other Exchanges
N/A
Address
269 S. Beverly Drive, Suite 1450, Beverly Hills, CA, USA, 90212
PodcastOne Inc is a podcast platform and publisher that makes its content available to audiences via all podcasting distribution platforms, including its website, its PodcastOne app, Apple Podcasts, Spotify, Amazon Music, and more.