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Articore Group (Articore Group) Gross Profit : $180.9 Mil (TTM As of Dec. 2023)


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What is Articore Group Gross Profit?

Articore Group's gross profit for the six months ended in Dec. 2023 was $74.4 Mil. Articore Group's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was $180.9 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Articore Group's gross profit for the six months ended in Dec. 2023 was $74.4 Mil. Articore Group's Revenue for the six months ended in Dec. 2023 was $202.6 Mil. Therefore, Articore Group's Gross Margin % for the quarter that ended in Dec. 2023 was 36.70%.

Articore Group had a gross margin of 36.70% for the quarter that ended in Dec. 2023 => Competition eroding margins

During the past 8 years, the highest Gross Margin % of Articore Group was 52.49%. The lowest was 34.04%. And the median was 46.98%.


Articore Group Gross Profit Historical Data

The historical data trend for Articore Group'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.

Articore Group Gross Profit Chart

Articore Group Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Gross Profit
Get a 7-Day Free Trial 100.42 139.22 249.83 192.51 174.55

Articore Group Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 77.30 116.57 68.36 106.55 74.36

Competitive Comparison of Articore Group's Gross Profit

For the Internet Retail subindustry, Articore Group'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.


Articore Group's Gross Profit Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Articore Group's Gross Profit distribution charts can be found below:

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



Articore Group Gross Profit Calculation

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

Articore Group's Gross Profit for the fiscal year that ended in Jun. 2023 is calculated as

Gross Profit (A: Jun. 2023 )=Revenue - Cost of Goods Sold
=372.565 - 198.019
=174.5

Articore Group's Gross Profit for the quarter that ended in Dec. 2023 is calculated as

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=202.632 - 128.274
=74.4

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $180.9 Mil.

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

Articore Group's Gross Margin % for the quarter that ended in Dec. 2023 is calculated as

Gross Margin % (Q: Dec. 2023 )=Gross Profit (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=(Revenue - Cost of Goods Sold) / Revenue
=74.4 / 202.632
=36.70 %

* 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.


Articore Group  (OTCPK:RDBBF) 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

Articore Group had a gross margin of 36.70% for the quarter that ended in Dec. 2023 => Competition eroding margins


Articore Group Gross Profit Related Terms

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Articore Group (Articore Group) Business Description

Traded in Other Exchanges
Address
697 Collins Street, Level 12, Docklands, Melbourne, VIC, AUS, 3008
Articore Group Ltd is an online marketplace that facilitates the sale and purchase of art and designs on a range of products between independent creatives and consumers. The name of the marketplace is Redbubble.com and TeePublic.com. The products are produced and shipped by third-party service providers (i.e. product manufacturers, printers, and shipping companies) referred to as fulfillers. The company's primary geographic markets are Australia, the United States, the United Kingdom, and the rest of the world. The majority of its revenue is derived from the United States.