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CISO Global (CISO Global) Gross Profit : $6.05 Mil (TTM As of Dec. 2023)


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What is CISO Global Gross Profit?

CISO Global's gross profit for the three months ended in Dec. 2023 was $2.16 Mil. CISO Global's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was $6.05 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. CISO Global's gross profit for the three months ended in Dec. 2023 was $2.16 Mil. CISO Global's Revenue for the three months ended in Dec. 2023 was $13.74 Mil. Therefore, CISO Global's Gross Margin % for the quarter that ended in Dec. 2023 was 15.70%.

CISO Global had a gross margin of 15.70% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

During the past 6 years, the highest Gross Margin % of CISO Global was 82.09%. The lowest was 5.85%. And the median was 25.82%.

Warning Sign:

CISO Global Inc gross margin has been in long-term decline. The average rate of decline per year is -40.1%.


CISO Global Gross Profit Historical Data

The historical data trend for CISO Global'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.

CISO Global Gross Profit Chart

CISO Global Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial 0.97 2.88 1.81 2.73 6.05

CISO Global Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.99 0.40 1.01 2.48 2.16

Competitive Comparison of CISO Global's Gross Profit

For the Software - Infrastructure subindustry, CISO Global'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.


CISO Global's Gross Profit Distribution in the Software Industry

For the Software industry and Technology sector, CISO Global's Gross Profit distribution charts can be found below:

* The bar in red indicates where CISO Global's Gross Profit falls into.



CISO Global Gross Profit Calculation

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

CISO Global'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
=57.059 - 51.009
=6.05

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

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=13.742 - 11.584
=2.16

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 $6.05 Mil.

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

CISO Global'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
=2.16 / 13.742
=15.70 %

* 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.


CISO Global  (NAS:CISO) 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

CISO Global had a gross margin of 15.70% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage


CISO Global Gross Profit Related Terms

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CISO Global (CISO Global) Business Description

Traded in Other Exchanges
N/A
Address
6900 East Camelback Road, Suite 240, Scottsdale, AZ, USA, 85251
CISO Global Inc provides cybersecurity services. The services are used to protect client's data, financial information, intellectual property, and business reputation. The services include penetration testing, security remediation, compliance auditing, vulnerability assessment, and others. Geographically, the company operates in U.S., Chile and All other countries. The majority of revenue is generated from U.S.
Executives
Kyle J. Young officer: Interim COO C/O CISO GLOBAL, INC., 6900 E. CAMELBACK ROAD, SUITE 240, SCOTTSDALE AZ 85251
Ashley Nicole Devoto director, officer: See Remarks C/O CERBERUS CYBER SENTINEL CORPORATION, SUITE 240, SCOTTSDALE AZ 85251
David A. Bennett officer: Chief Operating Officer 6900 E. CAMELBACK ROAD, SUITE 240, SCOTTSDALE AZ 85251
Debra Smith officer: Chief Financial Officer 6900 E. CAMELBACK ROAD, SUITE 240, SCOTTSDALE AZ 85251
Vandeweghe Ernest M. Iii director 6900 E. CAMELBACK ROAD, SUITE 240, SCOTTSDALE AZ 85251
Andrew K Mccain director 170 SOUTH GREEN VALLEY PARKWAY, SUITE 300, HENDERSON NV 89012
David Grant Jemmett director, officer: Chief Executive Officer 2303 N 44TH ST, 1011, PHOENIX AZ 85008
Robert C. Oaks director 6900 E. CAMELBACK ROAD, SUITE 240, SCOTTSDALE AZ 85251
Reid Scott Holbrook director 6900 E. CAMELBACK ROAD, SUITE 240, SCOTTSDALE AZ 85251
Scott Stephen H. Jr. director, 10 percent owner 6900 E. CAMELBACK ROAD, SUITE 240, SCOTTSDALE AZ 85251