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SPAR Group (FRA:PMH) Gross Profit : €49.8 Mil (TTM As of Mar. 2024)


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What is SPAR Group Gross Profit?

SPAR Group's gross profit for the three months ended in Mar. 2024 was €11.5 Mil. SPAR Group's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was €49.8 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. SPAR Group's gross profit for the three months ended in Mar. 2024 was €11.5 Mil. SPAR Group's Revenue for the three months ended in Mar. 2024 was €63.2 Mil. Therefore, SPAR Group's Gross Margin % for the quarter that ended in Mar. 2024 was 18.26%.

SPAR Group had a gross margin of 18.26% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage

During the past 13 years, the highest Gross Margin % of SPAR Group was 24.87%. The lowest was 18.58%. And the median was 19.94%.


SPAR Group Gross Profit Historical Data

The historical data trend for SPAR 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.

* Premium members only.

SPAR Group Gross Profit Chart

SPAR Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 44.33 37.15 42.06 48.16 50.88

SPAR Group 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 13.21 12.09 12.53 13.64 11.54

Competitive Comparison of SPAR Group's Gross Profit

For the Specialty Business Services subindustry, SPAR 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.


SPAR Group's Gross Profit Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, SPAR Group's Gross Profit distribution charts can be found below:

* The bar in red indicates where SPAR Group's Gross Profit falls into.



SPAR Group Gross Profit Calculation

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

SPAR Group'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
=240.939 - 190.064
=50.9

SPAR Group's Gross Profit for the quarter that ended in Mar. 2024 is calculated as

Gross Profit (Q: Mar. 2024 )=Revenue - Cost of Goods Sold
=63.198 - 51.659
=11.5

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 €49.8 Mil.

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

SPAR Group'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
=11.5 / 63.198
=18.26 %

* 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.


SPAR Group  (FRA:PMH) 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

SPAR Group had a gross margin of 18.26% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage


SPAR Group Gross Profit Related Terms

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SPAR Group (FRA:PMH) Business Description

Traded in Other Exchanges
Address
1910 Opdyke Court, Auburn Hills, MI, USA, 48326
SPAR Group Inc is a supplier of merchandising and other marketing services. It also provides in-store event staffing, product sampling, audit services, furniture and other product assembly services, technology services and marketing research services. The company divides its operations into two reportable segments: Domestic division is comprised of all operations within the United States; and The International division is a consolidation of all other operations and joint ventures. Its customers are from retail and manufacturing segments. Its geographic presence is in Brazil, South Africa, Mexico, China, Japan, India, Canada, Australia, Turkey, and United States from where it generates maximum revenue.

SPAR Group (FRA:PMH) Headlines

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