Bidstack Group (LSE:BIDS) Gross Profit : £3.48 Mil (TTM As of Jun. 2023)

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What is Bidstack Group Gross Profit?

Bidstack Group's gross profit for the six months ended in Jun. 2023 was £0.51 Mil. Bidstack Group's gross profit for the trailing twelve months (TTM) ended in Jun. 2023 was £3.48 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Bidstack Group's gross profit for the six months ended in Jun. 2023 was £0.51 Mil. Bidstack Group's Revenue for the six months ended in Jun. 2023 was £1.97 Mil. Therefore, Bidstack Group's Gross Margin % for the quarter that ended in Jun. 2023 was 25.91%.

Bidstack Group had a gross margin of 25.91% for the quarter that ended in Jun. 2023 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of Bidstack Group was 71.82%. The lowest was -920.00%. And the median was 36.18%.

Bidstack Group Gross Profit Historical Data

The historical data trend for Bidstack Group'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.

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Bidstack Group Gross Profit Chart

Bidstack Group Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Gross Profit

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0.08

0.03

0.23

0.95

3.78

Bidstack Group Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Gross Profit	Get a 7-Day Free Trial															0.28	0.67	0.82	2.97	0.51

Competitive Comparison of Bidstack Group's Gross Profit

For the Electronic Gaming & Multimedia subindustry, Bidstack Group'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.

Bidstack Group's Gross Profit Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Bidstack Group's Gross Profit distribution charts can be found below:

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

Bidstack Group Gross Profit Calculation

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

Bidstack Group's Gross Profit for the fiscal year that ended in Dec. 2022 is calculated as

Gross Profit (A: Dec. 2022 )	=	Revenue	-	Cost of Goods Sold
	=	5.267	-	1.484
	=	3.78

Bidstack Group's Gross Profit for the quarter that ended in Jun. 2023 is calculated as

Gross Profit (Q: Jun. 2023 )	=	Revenue	-	Cost of Goods Sold
	=	1.968	-	1.458
	=	0.51

Gross Profit for the trailing twelve months (TTM) ended in Jun. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was £3.48 Mil.

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

Bidstack Group's Gross Margin % for the quarter that ended in Jun. 2023 is calculated as

Gross Margin % (Q: Jun. 2023 )	=	Gross Profit (Q: Jun. 2023 )	/	Revenue (Q: Jun. 2023 )
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	0.51	/	1.968
	=	25.91 %

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.

Bidstack Group (LSE:BIDS) 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

Bidstack Group had a gross margin of 25.91% for the quarter that ended in Jun. 2023 => Competition eroding margins

Bidstack Group Gross Profit Related Terms

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Bidstack Group (LSE:BIDS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Bidstack Group PLC (LSE:BIDS) » Definitions » Gross Profit

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HHRN:Germany

Address

14 Hewett Street, WeWork The Hewett, 3rd Floor, London, GBR, EC2A 3NP

Website

https://www.bidstack.com

Bidstack Group PLC is a United Kingdom-based native in-game advertising company. It is engaged in developing software technology to place programmatic advertising campaigns directly into video games via SDK or API. Its technology is used by game publishers and developers, advertising agencies, and programmatic advertising platforms. Its model is to secure exclusive access to the native in-game advertising space within video games from the game developers or publishers and then to sell that advertising space either direct to specific brands or through programmatic advertising platforms. Geographically the company generates the majority of its revenue from Europe, the Middle East, and Africa (EMEA), and also has its presence in the USA.