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Manolete Partners (LSE:MANO) Gross Profit : £10.86 Mil (TTM As of Sep. 2023)


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What is Manolete Partners Gross Profit?

Manolete Partners's gross profit for the six months ended in Sep. 2023 was £5.00 Mil. Manolete Partners's gross profit for the trailing twelve months (TTM) ended in Sep. 2023 was £10.86 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Manolete Partners's gross profit for the six months ended in Sep. 2023 was £5.00 Mil. Manolete Partners's Revenue for the six months ended in Sep. 2023 was £11.23 Mil. Therefore, Manolete Partners's Gross Margin % for the quarter that ended in Sep. 2023 was 44.49%.

Manolete Partners had a gross margin of 44.49% for the quarter that ended in Sep. 2023 => Durable competitive advantage

During the past 8 years, the highest Gross Margin % of Manolete Partners was 78.90%. The lowest was 17.69%. And the median was 59.76%.

Warning Sign:

Manolete Partners PLC gross margin has been in long-term decline. The average rate of decline per year is -20.4%.


Manolete Partners Gross Profit Historical Data

The historical data trend for Manolete Partners'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.

Manolete Partners Gross Profit Chart

Manolete Partners Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Gross Profit
Get a 7-Day Free Trial 10.09 14.39 13.41 10.38 3.67

Manolete Partners Semi-Annual Data
Mar16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 5.42 4.96 -2.19 5.86 5.00

Competitive Comparison of Manolete Partners's Gross Profit

For the Consulting Services subindustry, Manolete Partners'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.


Manolete Partners's Gross Profit Distribution in the Business Services Industry

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

* The bar in red indicates where Manolete Partners's Gross Profit falls into.



Manolete Partners Gross Profit Calculation

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

Manolete Partners's Gross Profit for the fiscal year that ended in Mar. 2023 is calculated as

Gross Profit (A: Mar. 2023 )=Revenue - Cost of Goods Sold
=20.753 - 17.081
=3.67

Manolete Partners's Gross Profit for the quarter that ended in Sep. 2023 is calculated as

Gross Profit (Q: Sep. 2023 )=Revenue - Cost of Goods Sold
=11.23 - 6.234
=5.00

Gross Profit for the trailing twelve months (TTM) ended in Sep. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was £10.86 Mil.

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

Manolete Partners's Gross Margin % for the quarter that ended in Sep. 2023 is calculated as

Gross Margin % (Q: Sep. 2023 )=Gross Profit (Q: Sep. 2023 ) / Revenue (Q: Sep. 2023 )
=(Revenue - Cost of Goods Sold) / Revenue
=5.00 / 11.23
=44.49 %

* 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.


Manolete Partners  (LSE:MANO) 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

Manolete Partners had a gross margin of 44.49% for the quarter that ended in Sep. 2023 => Durable competitive advantage


Manolete Partners Gross Profit Related Terms

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Manolete Partners (LSE:MANO) Business Description

Traded in Other Exchanges
Address
21 Gloucester Place, London, GBR, W1U 8HR
Manolete Partners PLC is a United Kingdom-based company. The principal activity of the company is the acquisition and funding of insolvency litigation.

Manolete Partners (LSE:MANO) Headlines

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