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Kanamic Network Co (FRA:0WT) Gross Profit : €17.86 Mil (TTM As of Mar. 2024)


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What is Kanamic Network Co Gross Profit?

Kanamic Network Co's gross profit for the three months ended in Mar. 2024 was €4.67 Mil. Kanamic Network Co's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was €17.86 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Kanamic Network Co's gross profit for the three months ended in Mar. 2024 was €4.67 Mil. Kanamic Network Co's Revenue for the three months ended in Mar. 2024 was €7.70 Mil. Therefore, Kanamic Network Co's Gross Margin % for the quarter that ended in Mar. 2024 was 60.70%.

Kanamic Network Co had a gross margin of 60.70% for the quarter that ended in Mar. 2024 => Durable competitive advantage

During the past 9 years, the highest Gross Margin % of Kanamic Network Co was 90.27%. The lowest was 63.26%. And the median was 86.04%.

Warning Sign:

Kanamic Network Co Ltd gross margin has been in long-term decline. The average rate of decline per year is -3.4%.


Kanamic Network Co Gross Profit Historical Data

The historical data trend for Kanamic Network Co'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.

Kanamic Network Co Gross Profit Chart

Kanamic Network Co Annual Data
Trend Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Gross Profit
Get a 7-Day Free Trial Premium Member Only 12.48 12.98 13.80 14.80 16.44

Kanamic Network Co Quarterly Data
Jun19 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 4.63 4.13 4.40 4.66 4.67

Competitive Comparison of Kanamic Network Co's Gross Profit

For the Health Information Services subindustry, Kanamic Network Co'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.


Kanamic Network Co's Gross Profit Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Kanamic Network Co's Gross Profit distribution charts can be found below:

* The bar in red indicates where Kanamic Network Co's Gross Profit falls into.



Kanamic Network Co Gross Profit Calculation

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

Kanamic Network Co's Gross Profit for the fiscal year that ended in Sep. 2023 is calculated as

Gross Profit (A: Sep. 2023 )=Revenue - Cost of Goods Sold
=23.744 - 7.302
=16.44

Kanamic Network Co's Gross Profit for the quarter that ended in Mar. 2024 is calculated as

Gross Profit (Q: Mar. 2024 )=Revenue - Cost of Goods Sold
=7.7 - 3.026
=4.67

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 €17.86 Mil.

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

Kanamic Network Co'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
=4.67 / 7.7
=60.70 %

* 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.


Kanamic Network Co  (FRA:0WT) 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

Kanamic Network Co had a gross margin of 60.70% for the quarter that ended in Mar. 2024 => Durable competitive advantage


Kanamic Network Co Gross Profit Related Terms

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Kanamic Network Co (FRA:0WT) Business Description

Traded in Other Exchanges
Address
4-20-3 Ebisu, 31st floor, Ebisu Garden Place Tower, Shibuya-ku, Tokyo, JPN, 150-6031
Kanamic Network Co Ltd provides platforms and management systems for the health care industry. The firm develops software to support medical care and nursing care business management. It offers cloud services for construction of information sharing platform in the medical and nursing care field to local government staff, doctors, nurses, care managers; system integration and system solution business; Website production/management work; and planning, production, and sale of Web content and video, and various sales promotion tools. In addition, it offers management and system consulting services, and education and training services; and engages in planning and holding lectures, seminars, academic conferences.

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