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Rapala VMC (Rapala VMC) Gross Profit : $136.4 Mil (TTM As of Dec. 2023)


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What is Rapala VMC Gross Profit?

Rapala VMC's gross profit for the six months ended in Dec. 2023 was $60.6 Mil. Rapala VMC's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was $136.4 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Rapala VMC's gross profit for the six months ended in Dec. 2023 was $60.6 Mil. Rapala VMC's Revenue for the six months ended in Dec. 2023 was $113.1 Mil. Therefore, Rapala VMC's Gross Margin % for the quarter that ended in Dec. 2023 was 53.62%.

Rapala VMC had a gross margin of 53.62% for the quarter that ended in Dec. 2023 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of Rapala VMC was 56.63%. The lowest was 50.50%. And the median was 53.37%.


Rapala VMC Gross Profit Historical Data

The historical data trend for Rapala VMC'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.

Rapala VMC Gross Profit Chart

Rapala VMC Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 160.11 165.33 181.13 158.05 136.86

Rapala VMC Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 78.08 89.32 68.54 75.73 60.63

Competitive Comparison of Rapala VMC's Gross Profit

For the Leisure subindustry, Rapala VMC'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.


Rapala VMC's Gross Profit Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Rapala VMC's Gross Profit distribution charts can be found below:

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



Rapala VMC Gross Profit Calculation

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

Rapala VMC'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
=241.658 - 104.799
=136.9

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

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=113.086 - 52.454
=60.6

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 $136.4 Mil.

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

Rapala VMC'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
=60.6 / 113.086
=53.62 %

* 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.


Rapala VMC  (OTCPK:RPNMF) 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

Rapala VMC had a gross margin of 53.62% for the quarter that ended in Dec. 2023 => Durable competitive advantage


Rapala VMC Gross Profit Related Terms

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Rapala VMC (Rapala VMC) Business Description

Traded in Other Exchanges
Address
Makelankatu 87, Helsinki, FIN, 00610
Rapala VMC Corp is a fishing tackle company. It is engaged in the business of manufacturing, sourcing and distributing mainly fishing tackle equipment as well as hunting, outdoor and winter sports equipment. The company's products include fishing lures, treble hooks, fishing related knives and hooks etc. The firm markets and sells its products under Sufix, Mora Ice, Peltonen, Williamson, VMC, Storm, Blue fox and Rapala brand names. The company has Group products and Third-party products operating segments. It derives the majority of its revenues from the Group products operating segment.

Rapala VMC (Rapala VMC) Headlines

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