Allfunds Group's gross profit for the
six
months ended in Dec. 2023 was €201 Mil. Allfunds Group's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was €373 Mil.
Gross Margin % is calculated as gross profit divided by its revenue. Allfunds Group's gross profit for the
six
months ended in Dec. 2023 was €201 Mil. Allfunds Group's Revenue for the
six
months ended in Dec. 2023 was €1,453 Mil. Therefore, Allfunds Group's Gross Margin % for the quarter that ended in Dec. 2023 was 13.82%.
Allfunds Group had a gross margin of 13.82% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage
During the past 5 years, the highestGross Margin % of Allfunds Group was 15.58%. The lowest was 13.01%. And the median was 15.42%.
Allfunds Group Gross Profit Historical Data
The historical data trend for Allfunds 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.
Competitive Comparison of Allfunds Group's Gross Profit
For the Asset Management subindustry, Allfunds 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.
Allfunds Group's Gross Profit Distribution in the Asset Management Industry
For the Asset Management industry and Financial Services sector, Allfunds Group's Gross Profit distribution charts can be found below:
* The bar in red indicates where Allfunds Group's Gross Profit falls into.
Allfunds Group Gross Profit Calculation
Gross Profit is the different between the sale prices and the cost of buying or producing the goods.
Allfunds Group's Gross Profit for the fiscal year that ended in Dec. 2023 is calculated as
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 €373 Mil.
Gross Profit is the numerator in the calculation of Gross Margin.
* 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.
Allfunds Group (XAMS:ALLFG) 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
Allfunds Group had a gross margin of 13.82% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage
Allfunds Group Gross Profit Related Terms
Thank you for viewing the detailed overview of Allfunds Group's Gross Profit provided by GuruFocus.com. Please click on the following links to see related term pages.
Allfunds is a fund distribution platform connecting fund houses and distributors, creating a single access point for both sides to gain a wider reach with regard to assets under administration and fund variety, respectively. As of 2022, Allfunds had EUR 1.3 trillion in assets under administration stemming from about 860 distributors on its platform. In return, distributors gained access to about 139,000 funds from 3,000 different fund houses. Allfunds also provides ancillary services to both fund houses and distributors, covering the marketing, distribution, legal, regulatory, as well as data and analytics needs arising in the fund distribution space. Allfunds derives the majority of its revenue from Italy, Spain, and France.
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