Credit Bureau Asia's gross profit for the
six
months ended in Dec. 2023 was S$22.62 Mil. Credit Bureau Asia's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was S$42.42 Mil.
Credit Bureau Asia had a gross margin of 81.33% for the quarter that ended in Dec. 2023 => Durable competitive advantage
During the past 7 years, the highestGross Margin % of Credit Bureau Asia was 78.31%. The lowest was 76.22%. And the median was 77.47%.
Credit Bureau Asia Gross Profit Historical Data
The historical data trend for Credit Bureau Asia'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.
Competitive Comparison of Credit Bureau Asia's Gross Profit
For the Financial Data & Stock Exchanges subindustry, Credit Bureau Asia'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.
Credit Bureau Asia's Gross Profit Distribution in the Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Credit Bureau Asia's Gross Profit distribution charts can be found below:
* The bar in red indicates where Credit Bureau Asia's Gross Profit falls into.
Credit Bureau Asia Gross Profit Calculation
Gross Profit is the different between the sale prices and the cost of buying or producing the goods.
Credit Bureau Asia's Gross Profit for the fiscal year that ended in Dec. 2023 is calculated as
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 S$42.42 Mil.
Gross Profit is the numerator in the calculation of Gross Margin.
* 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.
Credit Bureau Asia (SGX:TCU) 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
Credit Bureau Asia had a gross margin of 81.33% for the quarter that ended in Dec. 2023 => Durable competitive advantage
Credit Bureau Asia Gross Profit Related Terms
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Credit Bureau Asia Ltd is a provider of credit and risk information solutions in Southeast Asia. The company provides credit and risk information solutions to a client base of banks, financial institutions, multinational corporations, telecommunication companies, government bodies and public agencies, local enterprises, and individuals across Singapore, Malaysia, Cambodia, and Myanmar (the Territories). It assists its customers to make informed, timely decisions by enhancing their risk assessment and decision-making processes with the help of products and services which include credit and risk information reports, credit scores, monitoring services, data trends and analytics, and client-specific tailored solutions.
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