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Nexi SpA (MIL:NEXI) Gross Profit : €3,468 Mil (TTM As of Jun. 2023)


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What is Nexi SpA Gross Profit?

Nexi SpA's gross profit for the six months ended in Jun. 2023 was €1,667 Mil. Nexi SpA's gross profit for the trailing twelve months (TTM) ended in Jun. 2023 was €3,468 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Nexi SpA's gross profit for the six months ended in Jun. 2023 was €1,667 Mil. Nexi SpA's Revenue for the six months ended in Jun. 2023 was €2,777 Mil. Therefore, Nexi SpA's Gross Margin % for the quarter that ended in Jun. 2023 was 60.04%.

Nexi SpA had a gross margin of 60.04% for the quarter that ended in Jun. 2023 => Durable competitive advantage

During the past 8 years, the highest Gross Margin % of Nexi SpA was 63.82%. The lowest was 48.15%. And the median was 60.60%.


Nexi SpA Gross Profit Historical Data

The historical data trend for Nexi SpA'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.

Nexi SpA Gross Profit Chart

Nexi SpA Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial 995.43 1,006.23 1,772.48 3,292.15 3,468.24

Nexi SpA Semi-Annual Data
Dec16 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 1,226.99 1,518.42 1,773.72 1,667.45 1,800.79

Competitive Comparison of Nexi SpA's Gross Profit

For the Software - Infrastructure subindustry, Nexi SpA'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.


Nexi SpA's Gross Profit Distribution in the Software Industry

For the Software industry and Technology sector, Nexi SpA's Gross Profit distribution charts can be found below:

* The bar in red indicates where Nexi SpA's Gross Profit falls into.



Nexi SpA Gross Profit Calculation

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

Nexi SpA's Gross Profit for the fiscal year that ended in Dec. 2022 is calculated as

Gross Profit (A: Dec. 2022 )=Revenue - Cost of Goods Sold
=5399.141 - 2106.995
=3,292

Nexi SpA's Gross Profit for the quarter that ended in Jun. 2023 is calculated as

Gross Profit (Q: Jun. 2023 )=Revenue - Cost of Goods Sold
=2777.447 - 1110.002
=1,667

Gross Profit for the trailing twelve months (TTM) ended in Jun. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was €3,468 Mil.

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

Nexi SpA's Gross Margin % for the quarter that ended in Jun. 2023 is calculated as

Gross Margin % (Q: Jun. 2023 )=Gross Profit (Q: Jun. 2023 ) / Revenue (Q: Jun. 2023 )
=(Revenue - Cost of Goods Sold) / Revenue
=1,667 / 2777.447
=60.04 %

* 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.


Nexi SpA  (MIL:NEXI) 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

Nexi SpA had a gross margin of 60.04% for the quarter that ended in Jun. 2023 => Durable competitive advantage


Nexi SpA Gross Profit Related Terms

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Nexi SpA (MIL:NEXI) Business Description

Address
Corso Sempione 55, Milan, ITA, 20149
Nexi is a payment services provider offering merchant acquiring, card issuing, and digital banking services across Europe. Nexi's services cover the entire payment chain excluding the card scheme. It offers its acquiring and issuing services either in partnerships with banks, providing point-of-sale terminals, processing, or issuing services on their behalf or directly to merchants.