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Climb Global Solutions (STU:PYA) Gross Profit : €61.0 Mil (TTM As of Mar. 2024)


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What is Climb Global Solutions Gross Profit?

Climb Global Solutions's gross profit for the three months ended in Mar. 2024 was €15.7 Mil. Climb Global Solutions's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was €61.0 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Climb Global Solutions's gross profit for the three months ended in Mar. 2024 was €15.7 Mil. Climb Global Solutions's Revenue for the three months ended in Mar. 2024 was €85.0 Mil. Therefore, Climb Global Solutions's Gross Margin % for the quarter that ended in Mar. 2024 was 18.42%.

Climb Global Solutions had a gross margin of 18.42% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage

During the past 13 years, the highest Gross Margin % of Climb Global Solutions was 18.38%. The lowest was 6.95%. And the median was 15.51%.


Climb Global Solutions Gross Profit Historical Data

The historical data trend for Climb Global Solutions'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.

Climb Global Solutions Gross Profit Chart

Climb Global Solutions 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 26.97 27.16 40.46 51.07 58.91

Climb Global Solutions 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 14.21 12.64 13.38 19.32 15.66

Competitive Comparison of Climb Global Solutions's Gross Profit

For the Electronics & Computer Distribution subindustry, Climb Global Solutions'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.


Climb Global Solutions's Gross Profit Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Climb Global Solutions's Gross Profit distribution charts can be found below:

* The bar in red indicates where Climb Global Solutions's Gross Profit falls into.



Climb Global Solutions Gross Profit Calculation

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

Climb Global Solutions'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
=322.796 - 263.882
=58.9

Climb Global Solutions's Gross Profit for the quarter that ended in Mar. 2024 is calculated as

Gross Profit (Q: Mar. 2024 )=Revenue - Cost of Goods Sold
=85.028 - 69.37
=15.7

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 €61.0 Mil.

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

Climb Global Solutions'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
=15.7 / 85.028
=18.42 %

* 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.


Climb Global Solutions  (STU:PYA) 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

Climb Global Solutions had a gross margin of 18.42% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage


Climb Global Solutions Gross Profit Related Terms

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Climb Global Solutions (STU:PYA) Business Description

Traded in Other Exchanges
Address
4 Industrial Way West, Suite 300, Eatontown, NJ, USA, 07724
Climb Global Solutions Inc is a cloud-based, value-added IT distribution and solutions company specializing in emerging technologies. It operates across the USA, Canada, and Europe through multiple business units, including Climb Channel Solutions, Sigma, Grey Matter, Interwork, and TechXtend. The Company is organized into two reportable operating segments. The Distribution segment distributes technical software to corporate resellers, value added resellers (VARs), consultants and systems integrators under the name Climb Channel Solutions. The Solutions segment is a cloud solutions provider and value-added reseller of software, hardware and services to customers under the names Grey Matter.

Climb Global Solutions (STU:PYA) Headlines

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