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RSKIA (George Risk Industries) Gross Profit : $11.52 Mil (TTM As of Jul. 2024)


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What is George Risk Industries Gross Profit?

George Risk Industries's gross profit for the three months ended in Jul. 2024 was $2.95 Mil. George Risk Industries's gross profit for the trailing twelve months (TTM) ended in Jul. 2024 was $11.52 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. George Risk Industries's gross profit for the three months ended in Jul. 2024 was $2.95 Mil. George Risk Industries's Revenue for the three months ended in Jul. 2024 was $5.78 Mil. Therefore, George Risk Industries's Gross Margin % for the quarter that ended in Jul. 2024 was 50.95%.

George Risk Industries had a gross margin of 50.95% for the quarter that ended in Jul. 2024 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of George Risk Industries was 55.72%. The lowest was 46.92%. And the median was 49.90%.


George Risk Industries Gross Profit Historical Data

The historical data trend for George Risk Industries'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.

George Risk Industries Gross Profit Chart

George Risk Industries Annual Data
Trend Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.41 9.33 10.02 9.37 10.84

George Risk Industries Quarterly Data
Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24
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 2.27 3.10 2.66 2.81 2.95

Competitive Comparison of George Risk Industries's Gross Profit

For the Security & Protection Services subindustry, George Risk Industries'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.


George Risk Industries's Gross Profit Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, George Risk Industries's Gross Profit distribution charts can be found below:

* The bar in red indicates where George Risk Industries's Gross Profit falls into.



George Risk Industries Gross Profit Calculation

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

George Risk Industries's Gross Profit for the fiscal year that ended in Apr. 2024 is calculated as

Gross Profit (A: Apr. 2024 )=Revenue - Cost of Goods Sold
=21.767 - 10.926
=10.84

George Risk Industries's Gross Profit for the quarter that ended in Jul. 2024 is calculated as

Gross Profit (Q: Jul. 2024 )=Revenue - Cost of Goods Sold
=5.78 - 2.835
=2.95

Gross Profit for the trailing twelve months (TTM) ended in Jul. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $11.52 Mil.

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

George Risk Industries's Gross Margin % for the quarter that ended in Jul. 2024 is calculated as

Gross Margin % (Q: Jul. 2024 )=Gross Profit (Q: Jul. 2024 ) / Revenue (Q: Jul. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=2.95 / 5.78
=50.95 %

* 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.


George Risk Industries  (OTCPK:RSKIA) 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

George Risk Industries had a gross margin of 50.95% for the quarter that ended in Jul. 2024 => Durable competitive advantage


George Risk Industries Gross Profit Related Terms

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George Risk Industries Business Description

Traded in Other Exchanges
N/A
Address
802 South Elm Street, Kimball, NE, USA, 69145
George Risk Industries Inc manufactures security products. The company is engaged in the designing, manufacturing, and sale of various products which include magnetic reed switches as well as keyboards and keyboard switches, proximity sensors, security alarm components, pool access alarms, liquid detection sensors, raceway wire covers, wire, and cable installation tools and various other sensors and devices. These security products are used in alarm system installations in the residential, commercial, industrial, and government sectors and generate maximum revenue for the company.
Executives
Bonita Risk Family Irrevocable Trust 10 percent owner 705 JEFFERSON ST., KIMBALL NE 69145
Kenneth R. Risk Revocable Trust Now Irrevocable 10 percent owner 214 W. 9TH ST., KIMBALL NE 69145
Bonita Pauline Risk director 802 S. ELM ST., KIMBALL NE 69145
Stephanie Maire Risk-mcelroy officer: Chief Financial Officer 802 S. ELM ST., KIMBALL NE 69145
Sharon Alberta Westby officer: Secretary 802 S. ELM ST., KIMBALL NE 69145
Donna Dean Debowey director 802 S. ELM ST., KIMBALL NE 69145
Daniel Roger Douglas officer: Vice President, Materials 802 S. ELM ST., KIMBALL NE 69145

George Risk Industries Headlines