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Farminveste SGPS (XLIS:MLFMV) Gross Profit : €191.1 Mil (TTM As of Dec. 2023)


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What is Farminveste SGPS Gross Profit?

Farminveste SGPS's gross profit for the six months ended in Dec. 2023 was €93.0 Mil. Farminveste SGPS's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was €191.1 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Farminveste SGPS's gross profit for the six months ended in Dec. 2023 was €93.0 Mil. Farminveste SGPS's Revenue for the six months ended in Dec. 2023 was €425.9 Mil. Therefore, Farminveste SGPS's Gross Margin % for the quarter that ended in Dec. 2023 was 21.84%.

Farminveste SGPS had a gross margin of 21.84% for the quarter that ended in Dec. 2023 => Competition eroding margins

During the past 9 years, the highest Gross Margin % of Farminveste SGPS was 22.50%. The lowest was 20.40%. And the median was 21.82%.


Farminveste SGPS Gross Profit Historical Data

The historical data trend for Farminveste SGPS'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.

Farminveste SGPS Gross Profit Chart

Farminveste SGPS Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial Premium Member Only 167.10 165.15 175.92 181.39 191.06

Farminveste SGPS Semi-Annual Data
Dec15 Dec16 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 85.62 94.15 87.24 98.02 93.03

Competitive Comparison of Farminveste SGPS's Gross Profit

For the Conglomerates subindustry, Farminveste SGPS'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.


Farminveste SGPS's Gross Profit Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Farminveste SGPS's Gross Profit distribution charts can be found below:

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



Farminveste SGPS Gross Profit Calculation

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

Farminveste SGPS'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
=849.278 - 658.223
=191.1

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

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=425.925 - 332.892
=93.0

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was €191.1 Mil.

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

Farminveste SGPS'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
=93.0 / 425.925
=21.84 %

* 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.


Farminveste SGPS  (XLIS:MLFMV) 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

Farminveste SGPS had a gross margin of 21.84% for the quarter that ended in Dec. 2023 => Competition eroding margins


Farminveste SGPS Gross Profit Related Terms

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Farminveste SGPS (XLIS:MLFMV) Business Description

Traded in Other Exchanges
N/A
Address
No. 8, Travessa de Santa Catarina, Lisbon, PRT, 1200-403
Farminveste SGPS SA is a holding company and its subsidiaries are active in the business of pharmacies, pharmaceutical distribution, information systems, health care, real estate, market intelligence and other services.

Farminveste SGPS (XLIS:MLFMV) Headlines

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