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VK Co (STU:RL9A) Gross Profit : €548 Mil (TTM As of Jun. 2023)


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What is VK Co Gross Profit?

VK Co's gross profit for the three months ended in Jun. 2023 was €91 Mil. VK Co's gross profit for the trailing twelve months (TTM) ended in Jun. 2023 was €548 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. VK Co's gross profit for the three months ended in Jun. 2023 was €91 Mil. VK Co's Revenue for the three months ended in Jun. 2023 was €341 Mil. Therefore, VK Co's Gross Margin % for the quarter that ended in Jun. 2023 was 26.60%.

VK Co had a gross margin of 26.60% for the quarter that ended in Jun. 2023 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of VK Co was 64.24%. The lowest was 25.92%. And the median was 47.61%.

Warning Sign:

VK Co Ltd gross margin has been in long-term decline. The average rate of decline per year is -7.8%.


VK Co Gross Profit Historical Data

The historical data trend for VK 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.

VK Co Gross Profit Chart

VK Co 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 711.90 491.05 366.17 590.11 349.80

VK Co Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Jun23 Dec23
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 117.48 206.03 251.29 90.69 -

Competitive Comparison of VK Co's Gross Profit

For the Internet Content & Information subindustry, VK 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.


VK Co's Gross Profit Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, VK Co's Gross Profit distribution charts can be found below:

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



VK Co Gross Profit Calculation

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

VK 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
=1349.33 - 999.533
=350

VK Co's Gross Profit for the quarter that ended in Jun. 2023 is calculated as

Gross Profit (Q: Jun. 2023 )=Revenue - Cost of Goods Sold
=340.932 - 250.246
=91

Gross Profit for the trailing twelve months (TTM) ended in Jun. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was €548 Mil.

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

VK Co's Gross Margin % for the quarter that ended in Jun. 2023 is calculated as

Gross Margin % (Q: Jun. 2023 )=Gross Profit (Q: Jun. 2023 ) / Revenue (Q: Jun. 2023 )
=(Revenue - Cost of Goods Sold) / Revenue
=91 / 340.932
=26.60 %

* 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.


VK Co  (STU:RL9A) 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

VK Co had a gross margin of 26.60% for the quarter that ended in Jun. 2023 => Competition eroding margins


VK Co Gross Profit Related Terms

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VK Co (STU:RL9A) Business Description

Traded in Other Exchanges
N/A
Address
28th Oktovriou, 365, Office 402, Neapoli, Vashiotis Seafront, Limassol, CYP, 3107
International Co PJS Co VK is engaged in developing the ecosystem helping people with their day-to-day needs online. The ecosystem enables people to keep in touch (using social networks OK and VKontakte, messaging apps, and email service), play video games (via MY.GAMES), get and offer items and services, browse jobs and hire talent (via Youla and VK Jobs), order food and grocery delivery (via Delivery Club, Samokat and Local Kitchen), get a ride (with Citymobil and City drive), master new skills (at GeekBrains, Skillbox, and other educational services), buy and sell at AliExpress Russia and fulfill other needs.

VK Co (STU:RL9A) Headlines

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