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Alcomet AD (XBUL:ALCM) Gross Profit : лв29.1 Mil (TTM As of Dec. 2023)


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What is Alcomet AD Gross Profit?

Alcomet AD's gross profit for the six months ended in Dec. 2023 was лв29.1 Mil. Alcomet AD's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was лв29.1 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Alcomet AD's gross profit for the six months ended in Dec. 2023 was лв29.1 Mil. Alcomet AD's Revenue for the six months ended in Dec. 2023 was лв431.1 Mil. Therefore, Alcomet AD's Gross Margin % for the quarter that ended in Dec. 2023 was 6.76%.

Alcomet AD had a gross margin of 6.76% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

During the past 13 years, the highest Gross Margin % of Alcomet AD was 16.30%. The lowest was 6.53%. And the median was 9.59%.

Warning Sign:

Alcomet AD gross margin has been in long-term decline. The average rate of decline per year is -6%.


Alcomet AD Gross Profit Historical Data

The historical data trend for Alcomet AD'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.

Alcomet AD Gross Profit Chart

Alcomet AD 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 36.49 27.32 33.55 85.88 29.15

Alcomet AD Semi-Annual Data
Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
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 36.49 27.32 33.55 85.88 29.15

Competitive Comparison of Alcomet AD's Gross Profit

For the Aluminum subindustry, Alcomet AD'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.


Alcomet AD's Gross Profit Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Alcomet AD's Gross Profit distribution charts can be found below:

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



Alcomet AD Gross Profit Calculation

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

Alcomet AD'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
=431.102 - 401.953
=29.1

Alcomet AD's Gross Profit for the quarter that ended in Dec. 2023 is calculated as

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=431.102 - 401.953
=29.1

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Gross Profit for the trailing twelve months (TTM) ended in Dec. 2023 was лв29.1 Mil.

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

Alcomet AD's Gross Margin % for the quarter that ended in Dec. 2023 is calculated as

Gross Margin % (Q: Dec. 2023 )=Gross Profit (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=(Revenue - Cost of Goods Sold) / Revenue
=29.1 / 431.102
=6.76 %

* 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.


Alcomet AD  (XBUL:ALCM) 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

Alcomet AD had a gross margin of 6.76% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage


Alcomet AD Gross Profit Related Terms

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Alcomet AD Business Description

Traded in Other Exchanges
N/A
Address
Second Industrial Zone, Shumen, BGR, 9700
Alcomet AD is a Bulgaria-based company, which is primarily engaged in the production of aluminium extruded and rolled products. Its operation includes production and sale of castings, rolled and extruded aluminum products, used in machine building, construction, food industry, among others. The company offers its product under various categories namely foundry, rolled, press and packaging products. Its product range includes cast billets and coils, aluminum sheets, strips and foils, extruded profiles, bars and tubes, as well as powder coating sheets, and tubes. Alcomet products sold in both Bulgarian and overseas market.

Alcomet AD Headlines

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