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Astra Space (Astra Space) Gross Profit : $2.06 Mil (TTM As of Dec. 2023)


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What is Astra Space Gross Profit?

Astra Space's gross profit for the three months ended in Dec. 2023 was $1.72 Mil. Astra Space's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was $2.06 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Astra Space's gross profit for the three months ended in Dec. 2023 was $1.72 Mil. Astra Space's Revenue for the three months ended in Dec. 2023 was $2.91 Mil. Therefore, Astra Space's Gross Margin % for the quarter that ended in Dec. 2023 was 59.05%.

Astra Space had a gross margin of 59.05% for the quarter that ended in Dec. 2023 => Durable competitive advantage

During the past 5 years, the highest Gross Margin % of Astra Space was 53.23%. The lowest was -215.15%. And the median was -80.96%.


Astra Space Gross Profit Historical Data

The historical data trend for Astra Space'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.

Astra Space Gross Profit Chart

Astra Space Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
- - - -20.16 2.06

Astra Space Quarterly Data
Dec19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 - - 0.32 0.02 1.72

Competitive Comparison of Astra Space's Gross Profit

For the Aerospace & Defense subindustry, Astra Space'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.


Astra Space's Gross Profit Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Astra Space's Gross Profit distribution charts can be found below:

* The bar in red indicates where Astra Space's Gross Profit falls into.



Astra Space Gross Profit Calculation

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

Astra Space'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
=3.874 - 1.812
=2.06

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

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=2.911 - 1.192
=1.72

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $2.06 Mil.

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

Astra Space'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
=1.72 / 2.911
=59.05 %

* 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.


Astra Space  (NAS:ASTR) 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

Astra Space had a gross margin of 59.05% for the quarter that ended in Dec. 2023 => Durable competitive advantage


Astra Space Gross Profit Related Terms

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Astra Space (Astra Space) Business Description

Traded in Other Exchanges
N/A
Address
1900 Skyhawk Street, Alameda, CA, USA, 94501
Astra Space Inc is a technology company that provides space services, including satellite launch services and other space services, based on a proprietary, vertically integrated technology platform. It offers launch services, space products, and space services to achieve its space services platform model.
Executives
Scott Stanford director, 10 percent owner C/O PERSONALIZED BEAUTY DISCOVERY, INC., 201 BALDWIN AVENUE, SAN MATEO CA 94401
Axel Martinez officer: Chief Financial Officer 418 STARVIEW DRIVE, DANVILLE CA 94526
Julie A Cullivan director 17800 N 85TH ST, SCOTTSDALE AZ 85255
Chris Kemp director, 10 percent owner, officer: See Remarks 1900 SKYHAWK STREET, ALAMEDA CA 94501
A/npc Holdings Llc 10 percent owner 6350 COURT STREET, EAST SYRACUSE NY 13057
Michael E Lehman director
Michele Angelique Flournoy director 3170 FAIRVIEW PARK DRIVE, FALLS CHURCH VA 22042
Craig Mccaw director EAGLE RIVER INC, 2300 CARILLON POINT, KIRKLAND WA 98033
Lisa Nelson director 1920 4TH AVENUE #1111, SEATTLE WA 98101
Advance Publications, Inc 10 percent owner 950 FINGERBOARD ROAD, STATEN ISLAND NY 10305
Benjamin Lyon officer: See Remarks 1900 SKYHAWK STREET, ALAMEDA CA 94501
Martin Attiq officer: Chief Business Officer 1900 SKYHAWK STREET, ALAMEDA CA 94501
Adam London director, 10 percent owner, officer: Chief Technology Officer 1900 SKYHAWK STREET, ALAMEDA CA 94501
Sherpaventures Fund Ii Gp, Llc 10 percent owner 505 HOWARD STREET, SUITE 201, SAN FRANCISCO CA 94105
Sherpaventures Fund Ii, Lp 10 percent owner 505 HOWARD STREET, SUITE 201, SAN FRANCISCO CA 94105