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Bankware Global Co (XKRX:199480) Gross Profit : ₩-792 Mil (TTM As of Dec. 2024)


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What is Bankware Global Co Gross Profit?

Bankware Global Co's gross profit for the three months ended in Dec. 2024 was ₩-1,091 Mil. Bankware Global Co's gross profit for the trailing twelve months (TTM) ended in Dec. 2024 was ₩-792 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Bankware Global Co's gross profit for the three months ended in Dec. 2024 was ₩-1,091 Mil. Bankware Global Co's Revenue for the three months ended in Dec. 2024 was ₩13,507 Mil. Therefore, Bankware Global Co's Gross Margin % for the quarter that ended in Dec. 2024 was -8.08%.

Bankware Global Co had a gross margin of -8.08% for the quarter that ended in Dec. 2024 => No sustainable competitive advantage

During the past 10 years, the highest Gross Margin % of Bankware Global Co was 21.19%. The lowest was -2.31%. And the median was 10.95%.


Bankware Global Co Gross Profit Historical Data

The historical data trend for Bankware Global Co'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.

Bankware Global Co Gross Profit Chart

Bankware Global Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6,290.76 10,336.42 3,341.11 8,570.17 -1,159.27

Bankware Global Co Quarterly Data
Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Mar23 Sep23 Dec23 Mar24 Sep24 Dec24
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 2,774.26 87.87 -273.24 571.59 -1,090.84

Competitive Comparison of Bankware Global Co's Gross Profit

For the Software - Application subindustry, Bankware Global Co'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.


Bankware Global Co's Gross Profit Distribution in the Software Industry

For the Software industry and Technology sector, Bankware Global Co's Gross Profit distribution charts can be found below:

* The bar in red indicates where Bankware Global Co's Gross Profit falls into.


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Bankware Global Co Gross Profit Calculation

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

Bankware Global Co's Gross Profit for the fiscal year that ended in Dec. 2024 is calculated as

Gross Profit (A: Dec. 2024 )=Revenue - Cost of Goods Sold
=50200.792 - 51360.061
=-1,159

Bankware Global Co's Gross Profit for the quarter that ended in Dec. 2024 is calculated as

Gross Profit (Q: Dec. 2024 )=Revenue - Cost of Goods Sold
=13506.765 - 14597.607
=-1,091

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₩-792 Mil.

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

Bankware Global Co's Gross Margin % for the quarter that ended in Dec. 2024 is calculated as

Gross Margin % (Q: Dec. 2024 )=Gross Profit (Q: Dec. 2024 ) / Revenue (Q: Dec. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=-1,091 / 13506.765
=-8.08 %

* 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.


Bankware Global Co  (XKRX:199480) 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

Bankware Global Co had a gross margin of -8.08% for the quarter that ended in Dec. 2024 => No sustainable competitive advantage


Bankware Global Co Gross Profit Related Terms

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Bankware Global Co Business Description

Traded in Other Exchanges
N/A
Address
19, Seosomun-ro 11-gil, 12th floor, B-dong, Jeong-dong, Baejae Jeong-dong Building, Jung-gu, Seoul, KOR
Bankware Global Co Ltd operates as a banking software developer. The company provides financial software development and core banking solutions. The company develops financial institution products and financial transaction business software and supplies them to domestic and international banks and financial companies.

Bankware Global Co Headlines

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