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Calnex Solutions (LSE:CLX) Gross Profit : £11.95 Mil (TTM As of Mar. 2024)


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What is Calnex Solutions Gross Profit?

Calnex Solutions's gross profit for the six months ended in Mar. 2024 was £6.11 Mil. Calnex Solutions's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was £11.95 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Calnex Solutions's gross profit for the six months ended in Mar. 2024 was £6.11 Mil. Calnex Solutions's Revenue for the six months ended in Mar. 2024 was £8.43 Mil. Therefore, Calnex Solutions's Gross Margin % for the quarter that ended in Mar. 2024 was 72.52%.

Calnex Solutions had a gross margin of 72.52% for the quarter that ended in Mar. 2024 => Durable competitive advantage

During the past 7 years, the highest Gross Margin % of Calnex Solutions was 78.29%. The lowest was 72.40%. And the median was 74.97%.

Warning Sign:

Calnex Solutions PLC gross margin has been in long-term decline. The average rate of decline per year is -1.3%.


Calnex Solutions Gross Profit Historical Data

The historical data trend for Calnex Solutions'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.

Calnex Solutions Gross Profit Chart

Calnex Solutions Annual Data
Trend Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Gross Profit
Get a 7-Day Free Trial 10.62 13.97 16.53 20.47 11.95

Calnex Solutions Semi-Annual Data
Mar18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24
Gross Profit Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 9.48 9.62 10.86 5.84 6.11

Competitive Comparison of Calnex Solutions's Gross Profit

For the Communication Equipment subindustry, Calnex Solutions'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.


Calnex Solutions's Gross Profit Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Calnex Solutions's Gross Profit distribution charts can be found below:

* The bar in red indicates where Calnex Solutions's Gross Profit falls into.



Calnex Solutions Gross Profit Calculation

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

Calnex Solutions's Gross Profit for the fiscal year that ended in Mar. 2024 is calculated as

Gross Profit (A: Mar. 2024 )=Revenue - Cost of Goods Sold
=16.274 - 4.327
=11.95

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

Gross Profit (Q: Mar. 2024 )=Revenue - Cost of Goods Sold
=8.427 - 2.316
=6.11

Gross Profit for the trailing twelve months (TTM) ended in Mar. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was £11.95 Mil.

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

Calnex Solutions'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
=6.11 / 8.427
=72.52 %

* 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.


Calnex Solutions  (LSE:CLX) 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

Calnex Solutions had a gross margin of 72.52% for the quarter that ended in Mar. 2024 => Durable competitive advantage


Calnex Solutions Gross Profit Related Terms

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Calnex Solutions (LSE:CLX) Business Description

Traded in Other Exchanges
Address
Oracle Campus, Linlithgow, West Lothian, GBR, EH49 7LR
Calnex Solutions PLC is a provider of test and measurement solutions for the telecommunications sector. It designs, produces, and markets test instrumentation and solutions for network synchronization and network emulation. The company offers its equipment to network operators, network providers, systems suppliers, laboratories, and network infrastructures.

Calnex Solutions (LSE:CLX) Headlines