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mixi (TSE:2121) Gross Profit : 円103,350 Mil (TTM As of Mar. 2024)


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What is mixi Gross Profit?

mixi's gross profit for the three months ended in Mar. 2024 was 円30,453 Mil. mixi's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was 円103,350 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. mixi's gross profit for the three months ended in Mar. 2024 was 円30,453 Mil. mixi's Revenue for the three months ended in Mar. 2024 was 円41,659 Mil. Therefore, mixi's Gross Margin % for the quarter that ended in Mar. 2024 was 73.10%.

mixi had a gross margin of 73.10% for the quarter that ended in Mar. 2024 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of mixi was 90.25%. The lowest was 69.88%. And the median was 83.49%.

Warning Sign:

mixi Inc gross margin has been in long-term decline. The average rate of decline per year is -4.1%.


mixi Gross Profit Historical Data

The historical data trend for mixi'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.

mixi Gross Profit Chart

mixi 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 90,878.00 93,310.00 90,319.00 105,121.00 102,629.00

mixi Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 19,278.00 23,999.00 28,899.00 30,453.00 19,999.00

Competitive Comparison of mixi's Gross Profit

For the Electronic Gaming & Multimedia subindustry, mixi'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.


mixi's Gross Profit Distribution in the Interactive Media Industry

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

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



mixi Gross Profit Calculation

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

mixi'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
=146868 - 44239
=102,629

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

Gross Profit (Q: Mar. 2024 )=Revenue - Cost of Goods Sold
=41659 - 11206
=30,453

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 円103,350 Mil.

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

mixi'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
=30,453 / 41659
=73.10 %

* 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.


mixi  (TSE:2121) 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

mixi had a gross margin of 73.10% for the quarter that ended in Mar. 2024 => Durable competitive advantage


mixi Gross Profit Related Terms

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mixi Business Description

Traded in Other Exchanges
Address
Sumitomo Fudosan Shibuya First Tower 7F, Tokyo, JPN, 150-0011
mixi Inc is a Japanese company which provides social networking services. The company conducts its business activities mainly including the operation of websites and provision of native smartphone games on the Internet. It business segments include, Entertainment Business and Media Platform Business. mixi provides games mainly including native smartphone games through Entertainment Business, and operates business-to-consumer and consumer-to-consumer services utilizing the Internet and invests in operating companies of these services through Media Platform Business.

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