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Cortina Holdings (SGX:C41) Gross Profit : S$273.0 Mil (TTM As of Sep. 2024)


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What is Cortina Holdings Gross Profit?

Cortina Holdings's gross profit for the six months ended in Sep. 2024 was S$133.1 Mil. Cortina Holdings's gross profit for the trailing twelve months (TTM) ended in Sep. 2024 was S$273.0 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Cortina Holdings's gross profit for the six months ended in Sep. 2024 was S$133.1 Mil. Cortina Holdings's Revenue for the six months ended in Sep. 2024 was S$413.0 Mil. Therefore, Cortina Holdings's Gross Margin % for the quarter that ended in Sep. 2024 was 32.23%.

Cortina Holdings had a gross margin of 32.23% for the quarter that ended in Sep. 2024 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of Cortina Holdings was 33.32%. The lowest was 21.59%. And the median was 26.25%.


Cortina Holdings Gross Profit Historical Data

The historical data trend for Cortina Holdings'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.

Cortina Holdings Gross Profit Chart

Cortina Holdings Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 139.63 127.08 235.62 272.09 270.21

Cortina Holdings Semi-Annual Data
Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 133.02 139.08 130.30 139.92 133.11

Competitive Comparison of Cortina Holdings's Gross Profit

For the Luxury Goods subindustry, Cortina Holdings'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.


Cortina Holdings's Gross Profit Distribution in the Retail - Cyclical Industry

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

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


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Cortina Holdings Gross Profit Calculation

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

Cortina Holdings'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
=810.988 - 540.776
=270.2

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

Gross Profit (Q: Sep. 2024 )=Revenue - Cost of Goods Sold
=412.982 - 279.87
=133.1

Gross Profit for the trailing twelve months (TTM) ended in Sep. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was S$273.0 Mil.

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

Cortina Holdings'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
=133.1 / 412.982
=32.23 %

* 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.


Cortina Holdings  (SGX:C41) 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

Cortina Holdings had a gross margin of 32.23% for the quarter that ended in Sep. 2024 => Competition eroding margins


Cortina Holdings Gross Profit Related Terms

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Cortina Holdings Business Description

Traded in Other Exchanges
N/A
Address
391B Orchard Road, No. 18-01 Ngee Ann City Tower B, Singapore, SGP, 238874
Cortina Holdings Ltd is engaged in the retail and distribution of luxury watches. It operates in two segments, namely Retail and Wholesale. The retail segment, which derives the majority of revenue, involves in retailing of the timepiece, branded pens, and accessories. The wholesale segment is involved in the wholesale of timepieces and luxury branded accessories. Its brands include brands, such as Rolex, Patek Philippe, Cartier, Chopard, H. Moser & Cie, Parmigiani Fleurier, Omega, and more.

Cortina Holdings Headlines

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