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Inscobee (XKRX:006490) Gross Profit : ₩46,467 Mil (TTM As of Dec. 2023)


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What is Inscobee Gross Profit?

Inscobee's gross profit for the three months ended in Dec. 2023 was ₩6,824 Mil. Inscobee's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was ₩46,467 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Inscobee's gross profit for the three months ended in Dec. 2023 was ₩6,824 Mil. Inscobee's Revenue for the three months ended in Dec. 2023 was ₩31,987 Mil. Therefore, Inscobee's Gross Margin % for the quarter that ended in Dec. 2023 was 21.34%.

Inscobee had a gross margin of 21.34% for the quarter that ended in Dec. 2023 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of Inscobee was 57.79%. The lowest was 10.22%. And the median was 47.12%.

Warning Sign:

Inscobee Inc gross margin has been in long-term decline. The average rate of decline per year is -3.9%.


Inscobee Gross Profit Historical Data

The historical data trend for Inscobee'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.

Inscobee Gross Profit Chart

Inscobee 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 35,254.61 32,626.13 34,172.35 34,216.41 46,467.31

Inscobee Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 Premium Member Only Premium Member Only Premium Member Only 8,057.37 9,779.68 20,559.80 9,303.38 6,824.45

Competitive Comparison of Inscobee's Gross Profit

For the Telecom Services subindustry, Inscobee'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.


Inscobee's Gross Profit Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Inscobee's Gross Profit distribution charts can be found below:

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



Inscobee Gross Profit Calculation

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

Inscobee'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
=99811.313 - 53344
=46,467

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

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=31986.682 - 25162.229
=6,824

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was ₩46,467 Mil.

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

Inscobee'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
=6,824 / 31986.682
=21.34 %

* 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.


Inscobee  (XKRX:006490) 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

Inscobee had a gross margin of 21.34% for the quarter that ended in Dec. 2023 => Competition eroding margins


Inscobee Gross Profit Related Terms

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Inscobee (XKRX:006490) Business Description

Traded in Other Exchanges
N/A
Address
401, Hakdong-ro, Gangnam-gu, Seoul, KOR
Inscobee Inc is a Korea based company. Its business activities are divided into four divisions including Smart Grid business, MVNO( Mobile Virtual Network Operator) business, Bio business and Distribution business. Smart Grid business develops smart grid system that improves the quality of electric power and decreases electricity consumption to reduce carbon footprint. MVNO division provides prepaid and postpaid options for mobile network operators. Bio business is engaged in developing bio medicines, cervical cancer vaccine, papillomavirus vaccine, cosmaceutical products, and nutraceutical products. Distribution division consists of watch business that supplies retailers with different branded watches including Dolphin, Odin and Handok.

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