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Amiad Water Systems (XTAE:AMD) Gross Profit : ₪180.5 Mil (TTM As of Mar. 2024)


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What is Amiad Water Systems Gross Profit?

Amiad Water Systems's gross profit for the three months ended in Mar. 2024 was ₪44.2 Mil. Amiad Water Systems's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was ₪180.5 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Amiad Water Systems's gross profit for the three months ended in Mar. 2024 was ₪44.2 Mil. Amiad Water Systems's Revenue for the three months ended in Mar. 2024 was ₪115.7 Mil. Therefore, Amiad Water Systems's Gross Margin % for the quarter that ended in Mar. 2024 was 38.24%.

Amiad Water Systems had a gross margin of 38.24% for the quarter that ended in Mar. 2024 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of Amiad Water Systems was 42.12%. The lowest was 38.62%. And the median was 39.72%.


Amiad Water Systems Gross Profit Historical Data

The historical data trend for Amiad Water Systems'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.

Amiad Water Systems Gross Profit Chart

Amiad Water Systems 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 167.66 155.81 179.13 185.52 181.01

Amiad Water Systems Quarterly Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 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 44.80 49.38 35.32 51.51 44.24

Competitive Comparison of Amiad Water Systems's Gross Profit

For the Pollution & Treatment Controls subindustry, Amiad Water Systems'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.


Amiad Water Systems's Gross Profit Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Amiad Water Systems's Gross Profit distribution charts can be found below:

* The bar in red indicates where Amiad Water Systems's Gross Profit falls into.



Amiad Water Systems Gross Profit Calculation

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

Amiad Water Systems'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
=461.166 - 280.154
=181.0

Amiad Water Systems's Gross Profit for the quarter that ended in Mar. 2024 is calculated as

Gross Profit (Q: Mar. 2024 )=Revenue - Cost of Goods Sold
=115.698 - 71.456
=44.2

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 ₪180.5 Mil.

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

Amiad Water Systems'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
=44.2 / 115.698
=38.24 %

* 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.


Amiad Water Systems  (XTAE:AMD) 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

Amiad Water Systems had a gross margin of 38.24% for the quarter that ended in Mar. 2024 => Competition eroding margins


Amiad Water Systems Gross Profit Related Terms

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Amiad Water Systems (XTAE:AMD) Business Description

Traded in Other Exchanges
N/A
Address
D.N. Galil Elyon 1, Kibbutz Amiad, ISR, 1233500
Amiad Water Systems Ltd is a producer and supplier of water filters and filtration systems. The company concentrates on automatic self-cleaning filters that require low maintenance and can be adapted to provide bespoke solutions to a wide range of applications in a number of industries, in addition to a variety of other applications in the irrigation market. Geographically, it has a presence in the Americas, Aisa-Pacific, and Europe, Middle East, and Africa.