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Beeks Financial Cloud Group (LSE:BKS) Gross Profit : £9.75 Mil (TTM As of Dec. 2023)


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What is Beeks Financial Cloud Group Gross Profit?

Beeks Financial Cloud Group's gross profit for the six months ended in Dec. 2023 was £4.85 Mil. Beeks Financial Cloud Group's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was £9.75 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Beeks Financial Cloud Group's gross profit for the six months ended in Dec. 2023 was £4.85 Mil. Beeks Financial Cloud Group's Revenue for the six months ended in Dec. 2023 was £13.01 Mil. Therefore, Beeks Financial Cloud Group's Gross Margin % for the quarter that ended in Dec. 2023 was 37.31%.

Beeks Financial Cloud Group had a gross margin of 37.31% for the quarter that ended in Dec. 2023 => Competition eroding margins

During the past 10 years, the highest Gross Margin % of Beeks Financial Cloud Group was 53.39%. The lowest was 38.59%. And the median was 43.25%.

Warning Sign:

Beeks Financial Cloud Group PLC gross margin has been in long-term decline. The average rate of decline per year is -5.6%.


Beeks Financial Cloud Group Gross Profit Historical Data

The historical data trend for Beeks Financial Cloud 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.

* Premium members only.

Beeks Financial Cloud Group Gross Profit Chart

Beeks Financial Cloud Group Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.65 4.52 5.02 7.94 9.12

Beeks Financial Cloud Group Semi-Annual Data
Jun15 Jun16 Dec16 Jun17 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 Premium Member Only Premium Member Only 2.74 5.20 4.22 4.90 4.85

Competitive Comparison of Beeks Financial Cloud Group's Gross Profit

For the Software - Infrastructure subindustry, Beeks Financial Cloud 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.


Beeks Financial Cloud Group's Gross Profit Distribution in the Software Industry

For the Software industry and Technology sector, Beeks Financial Cloud Group's Gross Profit distribution charts can be found below:

* The bar in red indicates where Beeks Financial Cloud Group's Gross Profit falls into.



Beeks Financial Cloud Group Gross Profit Calculation

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

Beeks Financial Cloud Group's Gross Profit for the fiscal year that ended in Jun. 2023 is calculated as

Gross Profit (A: Jun. 2023 )=Revenue - Cost of Goods Sold
=22.718 - 13.602
=9.12

Beeks Financial Cloud Group's Gross Profit for the quarter that ended in Dec. 2023 is calculated as

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=13.005 - 8.153
=4.85

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 £9.75 Mil.

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

Beeks Financial Cloud Group'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
=4.85 / 13.005
=37.31 %

* 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.


Beeks Financial Cloud Group  (LSE:BKS) 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

Beeks Financial Cloud Group had a gross margin of 37.31% for the quarter that ended in Dec. 2023 => Competition eroding margins


Beeks Financial Cloud Group Gross Profit Related Terms

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Beeks Financial Cloud Group (LSE:BKS) Business Description

Traded in Other Exchanges
N/A
Address
2 Kings Inch Way, Riverside Building, Renfrew, Renfrew, Renfrewshire, GBR, PA4 8YU
Beeks Financial Cloud Group PLC is a technology company that provides services like Trading Infrastructure, Managed Cloud, On Demand compute, Connectivity, Analytics and Open Finance to enterprises functioning in capital markets and financial services industry. The operating segments of the company are Public/Private Cloud and Proximity Cloud/Exchange Cloud with the majority of the revenue being generated from the Public/Private Cloud segment. Geographically, the company operates in United Kingdom, Europe, United States and Rest of the world. A substantial portion of its overall revenue is generated from its business in United States.

Beeks Financial Cloud Group (LSE:BKS) Headlines