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Mobiis Co (XKRX:250060) Gross Profit : ₩2,503 Mil (TTM As of Mar. 2024)


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What is Mobiis Co Gross Profit?

Mobiis Co's gross profit for the three months ended in Mar. 2024 was ₩-250 Mil. Mobiis Co's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was ₩2,503 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Mobiis Co's gross profit for the three months ended in Mar. 2024 was ₩-250 Mil. Mobiis Co's Revenue for the three months ended in Mar. 2024 was ₩3,590 Mil. Therefore, Mobiis Co's Gross Margin % for the quarter that ended in Mar. 2024 was -6.97%.

Mobiis Co had a gross margin of -6.97% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage

During the past 8 years, the highest Gross Margin % of Mobiis Co was 52.44%. The lowest was 14.82%. And the median was 36.93%.

Warning Sign:

Mobiis Co Ltd gross margin has been in long-term decline. The average rate of decline per year is -8%.


Mobiis Co Gross Profit Historical Data

The historical data trend for Mobiis 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.

Mobiis Co Gross Profit Chart

Mobiis Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial 4,658.78 7,285.54 7,381.48 4,983.02 3,709.47

Mobiis Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 956.19 1,577.53 860.45 315.30 -250.19

Competitive Comparison of Mobiis Co's Gross Profit

For the Information Technology Services subindustry, Mobiis 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.


Mobiis Co's Gross Profit Distribution in the Software Industry

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

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



Mobiis Co Gross Profit Calculation

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

Mobiis Co'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
=19082.389 - 15372.919
=3,709

Mobiis Co's Gross Profit for the quarter that ended in Mar. 2024 is calculated as

Gross Profit (Q: Mar. 2024 )=Revenue - Cost of Goods Sold
=3590.205 - 3840.395
=-250

Gross Profit for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₩2,503 Mil.

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

Mobiis Co's Gross Margin % for the quarter that ended in Mar. 2024 is calculated as

Gross Margin % (Q: Mar. 2024 )=Gross Profit (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=-250 / 3590.205
=-6.97 %

* 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.


Mobiis Co  (XKRX:250060) 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

Mobiis Co had a gross margin of -6.97% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage


Mobiis Co Gross Profit Related Terms

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Mobiis Co (XKRX:250060) Business Description

Traded in Other Exchanges
N/A
Address
82 Uisadang-daero, Yeongdeungpo-gu, Seoul, KOR, 07321
Mobiis Co Ltd is engaged in computer programming, system integration and management. It also provides technological equipment and engineering services.

Mobiis Co (XKRX:250060) Headlines

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