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Safe & Green Holdings (STU:90S0) Gross Profit : €-1.95 Mil (TTM As of Mar. 2024)


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What is Safe & Green Holdings Gross Profit?

Safe & Green Holdings's gross profit for the three months ended in Mar. 2024 was €0.34 Mil. Safe & Green Holdings's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was €-1.95 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Safe & Green Holdings's gross profit for the three months ended in Mar. 2024 was €0.34 Mil. Safe & Green Holdings's Revenue for the three months ended in Mar. 2024 was €0.94 Mil. Therefore, Safe & Green Holdings's Gross Margin % for the quarter that ended in Mar. 2024 was 36.61%.

Safe & Green Holdings had a gross margin of 36.61% for the quarter that ended in Mar. 2024 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of Safe & Green Holdings was 25.35%. The lowest was -17.55%. And the median was 13.34%.


Safe & Green Holdings Gross Profit Historical Data

The historical data trend for Safe & Green 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.

Safe & Green Holdings Gross Profit Chart

Safe & Green Holdings 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 0.61 1.83 2.06 3.07 -2.34

Safe & Green Holdings Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -0.06 0.03 -0.50 -1.82 0.34

Competitive Comparison of Safe & Green Holdings's Gross Profit

For the Metal Fabrication subindustry, Safe & Green 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.


Safe & Green Holdings's Gross Profit Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Safe & Green Holdings's Gross Profit distribution charts can be found below:

* The bar in red indicates where Safe & Green Holdings's Gross Profit falls into.



Safe & Green Holdings Gross Profit Calculation

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

Safe & Green Holdings'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
=15.152 - 17.496
=-2.34

Safe & Green Holdings's Gross Profit for the quarter that ended in Mar. 2024 is calculated as

Gross Profit (Q: Mar. 2024 )=Revenue - Cost of Goods Sold
=0.937 - 0.594
=0.34

Gross Profit for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €-1.95 Mil.

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

Safe & Green Holdings's Gross Margin % for the quarter that ended in Mar. 2024 is calculated as

Gross Margin % (Q: Mar. 2024 )=Gross Profit (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=0.34 / 0.937
=36.61 %

* 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.


Safe & Green Holdings  (STU:90S0) 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

Safe & Green Holdings had a gross margin of 36.61% for the quarter that ended in Mar. 2024 => Competition eroding margins


Safe & Green Holdings Gross Profit Related Terms

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Safe & Green Holdings (STU:90S0) Business Description

Traded in Other Exchanges
Address
990 Biscayne Boulevard, No. 501, Office 12, Miami, FL, USA, 33132
Safe & Green Holdings Corp is a modular solutions company. The company currently provides modules made out of both code-engineered cargo shipping containers and wood for use as both permanent or temporary structures for residential housing use and commercial use, including for health care facilities. It operates in four segments: construction; medical; real estate development; and environmental. The company generates the majority of its revenue from the Construction segment which designs and constructs modular structures built in their factories using raw materials that are Made-in-America.

Safe & Green Holdings (STU:90S0) Headlines

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