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Grupo De Moda Soma (BSP:SOMA3) Gross Profit : R$3,055 Mil (TTM As of Mar. 2024)


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What is Grupo De Moda Soma Gross Profit?

Grupo De Moda Soma's gross profit for the three months ended in Mar. 2024 was R$705 Mil. Grupo De Moda Soma's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was R$3,055 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Grupo De Moda Soma's gross profit for the three months ended in Mar. 2024 was R$705 Mil. Grupo De Moda Soma's Revenue for the three months ended in Mar. 2024 was R$1,220 Mil. Therefore, Grupo De Moda Soma's Gross Margin % for the quarter that ended in Mar. 2024 was 57.77%.

Grupo De Moda Soma had a gross margin of 57.77% for the quarter that ended in Mar. 2024 => Durable competitive advantage

During the past 7 years, the highest Gross Margin % of Grupo De Moda Soma was 66.10%. The lowest was 56.67%. And the median was 60.87%.

Warning Sign:

Grupo De Moda Soma SA gross margin has been in long-term decline. The average rate of decline per year is -3.1%.


Grupo De Moda Soma Gross Profit Historical Data

The historical data trend for Grupo De Moda Soma'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.

Grupo De Moda Soma Gross Profit Chart

Grupo De Moda Soma Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial 862.01 757.13 1,618.47 2,760.08 3,037.92

Grupo De Moda Soma Quarterly Data
Mar19 Sep19 Dec19 Mar20 Jun20 Sep20 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 688.00 744.16 787.94 817.81 704.62

Competitive Comparison of Grupo De Moda Soma's Gross Profit

For the Apparel Retail subindustry, Grupo De Moda Soma'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.


Grupo De Moda Soma's Gross Profit Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Grupo De Moda Soma's Gross Profit distribution charts can be found below:

* The bar in red indicates where Grupo De Moda Soma's Gross Profit falls into.



Grupo De Moda Soma Gross Profit Calculation

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

Grupo De Moda Soma'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
=5360.547 - 2322.63
=3,038

Grupo De Moda Soma's Gross Profit for the quarter that ended in Mar. 2024 is calculated as

Gross Profit (Q: Mar. 2024 )=Revenue - Cost of Goods Sold
=1219.65 - 515.027
=705

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 R$3,055 Mil.

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

Grupo De Moda Soma'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
=705 / 1219.65
=57.77 %

* 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.


Grupo De Moda Soma  (BSP:SOMA3) 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

Grupo De Moda Soma had a gross margin of 57.77% for the quarter that ended in Mar. 2024 => Durable competitive advantage


Grupo De Moda Soma Gross Profit Related Terms

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Grupo De Moda Soma (BSP:SOMA3) Business Description

Traded in Other Exchanges
N/A
Address
Avenida Pasteur 154, Botafogo, Rio de Janeiro, RJ, BRA, 20940-000
Grupo De Moda Soma SA is a e-commerce company in the Brazilian fashion retail sector. The company's portfolio covers a wide variety of styles and occasions for women, men and children. It also sells fashion accessories including jewelry, bags, shoes, among others. Its brands include ANIMALE, FARM, FABULA, A. BRAND, FOXTON, CRIS BARROS, and OFF PREMIUM.

Grupo De Moda Soma (BSP:SOMA3) Headlines

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