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GRID (TSE:5582) Gross Profit : 円1,250 Mil (TTM As of Jun. 2024)


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What is GRID Gross Profit?

GRID's gross profit for the three months ended in Jun. 2024 was 円500 Mil. GRID's gross profit for the trailing twelve months (TTM) ended in Jun. 2024 was 円1,250 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. GRID's gross profit for the three months ended in Jun. 2024 was 円500 Mil. GRID's Revenue for the three months ended in Jun. 2024 was 円602 Mil. Therefore, GRID's Gross Margin % for the quarter that ended in Jun. 2024 was 83.08%.

GRID had a gross margin of 83.08% for the quarter that ended in Jun. 2024 => Durable competitive advantage

During the past 4 years, the highest Gross Margin % of GRID was 75.68%. The lowest was 64.92%. And the median was 71.62%.


GRID Gross Profit Historical Data

The historical data trend for GRID'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.

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GRID Gross Profit Chart

GRID Annual Data
Trend Jun21 Jun22 Jun23 Jun24
Gross Profit
458.86 660.65 956.58 1,250.35

GRID Quarterly Data
Jun21 Jun22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
Gross Profit Get a 7-Day Free Trial 220.54 130.27 306.96 313.16 499.96

Competitive Comparison of GRID's Gross Profit

For the Software - Infrastructure subindustry, GRID'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.


GRID's Gross Profit Distribution in the Software Industry

For the Software industry and Technology sector, GRID's Gross Profit distribution charts can be found below:

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



GRID Gross Profit Calculation

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

GRID's Gross Profit for the fiscal year that ended in Jun. 2024 is calculated as

Gross Profit (A: Jun. 2024 )=Revenue - Cost of Goods Sold
=1652.097 - 401.748
=1,250

GRID's Gross Profit for the quarter that ended in Jun. 2024 is calculated as

Gross Profit (Q: Jun. 2024 )=Revenue - Cost of Goods Sold
=601.757 - 101.802
=500

Gross Profit for the trailing twelve months (TTM) ended in Jun. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was 円1,250 Mil.

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

GRID's Gross Margin % for the quarter that ended in Jun. 2024 is calculated as

Gross Margin % (Q: Jun. 2024 )=Gross Profit (Q: Jun. 2024 ) / Revenue (Q: Jun. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=500 / 601.757
=83.08 %

* 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.


GRID  (TSE:5582) 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

GRID had a gross margin of 83.08% for the quarter that ended in Jun. 2024 => Durable competitive advantage


GRID Gross Profit Related Terms

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GRID Business Description

Traded in Other Exchanges
N/A
Address
3-11-7 Kitaaoyama, 6th Floor Ao Building, Minato-ku, Tokyo, JPN, 107-0061
GRID Inc is engaged in the Development, sale, maintenance, and operation support of planning optimization systems using artificial intelligence. The company solves complex problems by using digital twin technology, which reproduces real space in digital space, with AI optimization technology.

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