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Emerge Commerce (TSXV:ECOM) Gross Profit : C$12.37 Mil (TTM As of Sep. 2024)


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What is Emerge Commerce Gross Profit?

Emerge Commerce's gross profit for the three months ended in Sep. 2024 was C$1.81 Mil. Emerge Commerce's gross profit for the trailing twelve months (TTM) ended in Sep. 2024 was C$12.37 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Emerge Commerce's gross profit for the three months ended in Sep. 2024 was C$1.81 Mil. Emerge Commerce's Revenue for the three months ended in Sep. 2024 was C$4.60 Mil. Therefore, Emerge Commerce's Gross Margin % for the quarter that ended in Sep. 2024 was 39.27%.

Emerge Commerce had a gross margin of 39.27% for the quarter that ended in Sep. 2024 => Competition eroding margins

During the past 5 years, the highest Gross Margin % of Emerge Commerce was 80.84%. The lowest was 43.39%. And the median was 49.84%.


Emerge Commerce Gross Profit Historical Data

The historical data trend for Emerge Commerce'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.

Emerge Commerce Gross Profit Chart

Emerge Commerce Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
3.36 7.17 15.11 13.85 11.88

Emerge Commerce Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 1.70 6.30 2.15 2.12 1.81

Competitive Comparison of Emerge Commerce's Gross Profit

For the Internet Retail subindustry, Emerge Commerce'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.


Emerge Commerce's Gross Profit Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Emerge Commerce's Gross Profit distribution charts can be found below:

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



Emerge Commerce Gross Profit Calculation

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

Emerge Commerce'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
=23.829 - 11.952
=11.88

Emerge Commerce's Gross Profit for the quarter that ended in Sep. 2024 is calculated as

Gross Profit (Q: Sep. 2024 )=Revenue - Cost of Goods Sold
=4.596 - 2.791
=1.81

Gross Profit for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$12.37 Mil.

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

Emerge Commerce's Gross Margin % for the quarter that ended in Sep. 2024 is calculated as

Gross Margin % (Q: Sep. 2024 )=Gross Profit (Q: Sep. 2024 ) / Revenue (Q: Sep. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=1.81 / 4.596
=39.27 %

* 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.


Emerge Commerce  (TSXV:ECOM) 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

Emerge Commerce had a gross margin of 39.27% for the quarter that ended in Sep. 2024 => Competition eroding margins


Emerge Commerce Gross Profit Related Terms

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Emerge Commerce Business Description

Traded in Other Exchanges
Address
355 Adelaide Street West, Suite 400, Toronto, ON, CAN, M5V 1S2
Emerge Commerce Ltd is a diversified, rapidly growing acquirer and operator of e-commerce brands. The firm's network of subscription and marketplace e-commerce sites provide its members with access to pet products, premium meat and groceries, outdoor gear, golf and other experiences. Its e-commerce portfolio includes WholesalePet.com, trulocal.ca, BattlBox.com, UnderPar.com, JustGolfStuff.ca, CarinvoreClub.co, WagJag.com, and BeRightBack.ca. Geographically, the company operates in Canada and the U.S.
Executives
Ghassan Halazon 10% Security Holder, Director, Senior Officer
Drew (charles Andrew) Green 10% Security Holder, Director
Fazal Ur Rahman Khaishgi Senior Officer
John Kim Director
Nan (jonson) Sun Director
Jonathan Reginald Leong Senior Officer