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Clean Life Co (SAU:9581) Gross Profit : ﷼40.79 Mil (TTM As of Jun. 2024)


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What is Clean Life Co Gross Profit?

Clean Life Co's gross profit for the six months ended in Jun. 2024 was ﷼21.90 Mil. Clean Life Co's gross profit for the trailing twelve months (TTM) ended in Jun. 2024 was ﷼40.79 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Clean Life Co's gross profit for the six months ended in Jun. 2024 was ﷼21.90 Mil. Clean Life Co's Revenue for the six months ended in Jun. 2024 was ﷼30.11 Mil. Therefore, Clean Life Co's Gross Margin % for the quarter that ended in Jun. 2024 was 72.71%.

Clean Life Co had a gross margin of 72.71% for the quarter that ended in Jun. 2024 => Durable competitive advantage

During the past 3 years, the highest Gross Margin % of Clean Life Co was 72.54%. The lowest was 72.40%. And the median was 72.47%.


Clean Life Co Gross Profit Historical Data

The historical data trend for Clean Life Co'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.

Clean Life Co Gross Profit Chart

Clean Life Co Annual Data
Trend Dec21 Dec22 Dec23
Gross Profit
- 24.09 35.70

Clean Life Co Semi-Annual Data
Dec22 Jun23 Dec23 Jun24
Gross Profit - 16.80 18.90 21.90

Competitive Comparison of Clean Life Co's Gross Profit

For the Personal Services subindustry, Clean Life Co'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.


Clean Life Co's Gross Profit Distribution in the Personal Services Industry

For the Personal Services industry and Consumer Cyclical sector, Clean Life Co's Gross Profit distribution charts can be found below:

* The bar in red indicates where Clean Life Co's Gross Profit falls into.



Clean Life Co Gross Profit Calculation

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

Clean Life Co'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
=49.31 - 13.608
=35.70

Clean Life Co's Gross Profit for the quarter that ended in Jun. 2024 is calculated as

Gross Profit (Q: Jun. 2024 )=Revenue - Cost of Goods Sold
=30.112 - 8.217
=21.90

Gross Profit for the trailing twelve months (TTM) ended in Jun. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was ﷼40.79 Mil.

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

Clean Life Co's Gross Margin % for the quarter that ended in Jun. 2024 is calculated as

Gross Margin % (Q: Jun. 2024 )=Gross Profit (Q: Jun. 2024 ) / Revenue (Q: Jun. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=21.90 / 30.112
=72.71 %

* 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.


Clean Life Co  (SAU:9581) 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

Clean Life Co had a gross margin of 72.71% for the quarter that ended in Jun. 2024 => Durable competitive advantage


Clean Life Co Gross Profit Related Terms

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Clean Life Co Business Description

Traded in Other Exchanges
N/A
Address
Khurais road, Almanar district, Riyadh, SAU
Clean Life Co is a company specialized in providing cleaning services and deep cleaning of home furniture, and general rehabilitative hygiene for new homes in all regions of Saudi Arabia.

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