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VR Factory Games (WAR:VRF) Gross Profit : zł3.14 Mil (TTM As of Sep. 2024)


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What is VR Factory Games Gross Profit?

VR Factory Games's gross profit for the three months ended in Sep. 2024 was zł0.87 Mil. VR Factory Games's gross profit for the trailing twelve months (TTM) ended in Sep. 2024 was zł3.14 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. VR Factory Games's gross profit for the three months ended in Sep. 2024 was zł0.87 Mil. VR Factory Games's Revenue for the three months ended in Sep. 2024 was zł0.87 Mil. Therefore, VR Factory Games's Gross Margin % for the quarter that ended in Sep. 2024 was 99.43%.

VR Factory Games had a gross margin of 99.43% for the quarter that ended in Sep. 2024 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of VR Factory Games was 99.20%. The lowest was 33.47%. And the median was 53.12%.


VR Factory Games Gross Profit Historical Data

The historical data trend for VR Factory Games'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.

VR Factory Games Gross Profit Chart

VR Factory Games 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 1.66 0.91 0.13 1.86 3.00

VR Factory Games 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 0.94 0.74 0.66 0.87 0.87

Competitive Comparison of VR Factory Games's Gross Profit

For the Electronic Gaming & Multimedia subindustry, VR Factory Games'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.


VR Factory Games's Gross Profit Distribution in the Interactive Media Industry

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

* The bar in red indicates where VR Factory Games's Gross Profit falls into.



VR Factory Games Gross Profit Calculation

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

VR Factory Games'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
=3.068 - 0.071
=3.00

VR Factory Games's Gross Profit for the quarter that ended in Sep. 2024 is calculated as

Gross Profit (Q: Sep. 2024 )=Revenue - Cost of Goods Sold
=0.874 - 0.005
=0.87

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 zł3.14 Mil.

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

VR Factory Games'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
=0.87 / 0.874
=99.43 %

* 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.


VR Factory Games  (WAR:VRF) 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

VR Factory Games had a gross margin of 99.43% for the quarter that ended in Sep. 2024 => Durable competitive advantage


VR Factory Games Gross Profit Related Terms

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VR Factory Games Business Description

Traded in Other Exchanges
N/A
Address
ul. Rakowiecka, 34/5, Warsaw, POL, 02-532
VR Factory Games SA specializes in creating business applications and games using virtual and augmented reality technology. Its games include Horror Bar VR, Bartender VR Simulation, Space Camp, Desert Dream, and Guns and Notes among others.

VR Factory Games Headlines

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