IDP Education (IDP Education) Gross Profit : $709.7 Mil (TTM As of Dec. 2023)

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What is IDP Education Gross Profit?

IDP Education's gross profit for the six months ended in Dec. 2023 was $386.5 Mil. IDP Education's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was $709.7 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. IDP Education's gross profit for the six months ended in Dec. 2023 was $386.5 Mil. IDP Education's Revenue for the six months ended in Dec. 2023 was $386.5 Mil. Therefore, IDP Education's Gross Margin % for the quarter that ended in Dec. 2023 was N/A%.

IDP Education had a gross margin of N/A% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

During the past 8 years, the highest Gross Margin % of IDP Education was 55.32%. The lowest was 51.59%. And the median was 53.55%.

IDP Education Gross Profit Historical Data

The historical data trend for IDP Education'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.

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IDP Education Gross Profit Chart

IDP Education Annual Data

Trend

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Gross Profit

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415.37

405.18

404.24

557.51

659.00

IDP Education Semi-Annual Data
	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Gross Profit	Get a 7-Day Free Trial												282.90	279.58	337.60	323.22	386.49

Competitive Comparison of IDP Education's Gross Profit

For the Education & Training Services subindustry, IDP Education'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.

IDP Education's Gross Profit Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, IDP Education's Gross Profit distribution charts can be found below:

* The bar in red indicates where IDP Education's Gross Profit falls into.

IDP Education Gross Profit Calculation

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

IDP Education's Gross Profit for the fiscal year that ended in Jun. 2023 is calculated as

Gross Profit (A: Jun. 2023 )	=	Revenue	-	Cost of Goods Sold
	=	659.004	-	0
	=	659.0

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

Gross Profit (Q: Dec. 2023 )	=	Revenue	-	Cost of Goods Sold
	=	386.487	-	0
	=	386.5

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $709.7 Mil.

Gross Profit is the numerator in the calculation of Gross Margin. (Note that if there's no value for Cost of Goods Sold, then Gross Margin % is not calculated.)

IDP Education'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
	=	386.5	/	386.487
	=	N/A %

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.

IDP Education (OTCPK:IDPUF) 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

IDP Education had a gross margin of N/A% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

IDP Education Gross Profit Related Terms

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IDP Education (IDP Education) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » IDP Education Ltd (OTCPK:IDPUF) » Definitions » Gross Profit

Comparable Companies

Traded in Other Exchanges

03F:Germany IEL:Australia

Address

697 Collins Street, Level 10, Docklands, VIC, AUS, 3008

Website

https://www.idp.com

IDP Education is a global leader in English language testing and student placement services, constituting 64% and 27% of fiscal 2022 group revenue, respectively. Additionally, IDP operates English language schools, organizes education events and delivers consultancy services to education institutions, which constitutes the remainder of group revenue. Originally established in Australia as an aid body for Southeast Asia, today IDP operates one of the world's most widely accepted English language tests and one of the world's largest student placement services businesses, predominantly connecting prospective migrants from India and China to Australia, Canada, and the United Kingdom.