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Boombit (WAR:BBT) Gross Profit : zł25.6 Mil (TTM As of Sep. 2023)


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What is Boombit Gross Profit?

Boombit's gross profit for the three months ended in Sep. 2023 was zł6.1 Mil. Boombit's gross profit for the trailing twelve months (TTM) ended in Sep. 2023 was zł25.6 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Boombit's gross profit for the three months ended in Sep. 2023 was zł6.1 Mil. Boombit's Revenue for the three months ended in Sep. 2023 was zł55.3 Mil. Therefore, Boombit's Gross Margin % for the quarter that ended in Sep. 2023 was 10.99%.

Boombit had a gross margin of 10.99% for the quarter that ended in Sep. 2023 => No sustainable competitive advantage

During the past 8 years, the highest Gross Margin % of Boombit was 64.45%. The lowest was 8.97%. And the median was 17.78%.

Warning Sign:

Boombit SA gross margin has been in long-term decline. The average rate of decline per year is -31.4%.


Boombit Gross Profit Historical Data

The historical data trend for Boombit'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.

Boombit Gross Profit Chart

Boombit Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Gross Profit
Get a 7-Day Free Trial 17.77 4.63 24.93 30.04 26.36

Boombit Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 6.96 7.65 5.96 5.93 6.08

Competitive Comparison of Boombit's Gross Profit

For the Electronic Gaming & Multimedia subindustry, Boombit'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.


Boombit's Gross Profit Distribution in the Interactive Media Industry

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

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



Boombit Gross Profit Calculation

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

Boombit's Gross Profit for the fiscal year that ended in Dec. 2022 is calculated as

Gross Profit (A: Dec. 2022 )=Revenue - Cost of Goods Sold
=294.04 - 267.678
=26.4

Boombit's Gross Profit for the quarter that ended in Sep. 2023 is calculated as

Gross Profit (Q: Sep. 2023 )=Revenue - Cost of Goods Sold
=55.294 - 49.216
=6.1

Gross Profit for the trailing twelve months (TTM) ended in Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was zł25.6 Mil.

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

Boombit's Gross Margin % for the quarter that ended in Sep. 2023 is calculated as

Gross Margin % (Q: Sep. 2023 )=Gross Profit (Q: Sep. 2023 ) / Revenue (Q: Sep. 2023 )
=(Revenue - Cost of Goods Sold) / Revenue
=6.1 / 55.294
=10.99 %

* 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.


Boombit  (WAR:BBT) 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

Boombit had a gross margin of 10.99% for the quarter that ended in Sep. 2023 => No sustainable competitive advantage


Boombit Gross Profit Related Terms

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Boombit (WAR:BBT) Business Description

Traded in Other Exchanges
Address
Zacna 2, Gdansk, POL, 80-283
Boombit SA is a Poland based mobile game publisher focused on game production and game publishing. The games offered by the company include Idle Coffee Corp, Tiny Gladiators 2, Tanks A Lot, Darts Club and Build a Bridge among others. The company has geographical presence in the United States, China, United Kingdom, Slovakia, and Poland.

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