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Ace Integrated Solutions (NSE:ACEINTEG) Gross Profit : ₹7.60 Mil (TTM As of Dec. 2023)


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What is Ace Integrated Solutions Gross Profit?

Ace Integrated Solutions's gross profit for the three months ended in Dec. 2023 was ₹5.70 Mil. Ace Integrated Solutions's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was ₹7.60 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Ace Integrated Solutions's gross profit for the three months ended in Dec. 2023 was ₹5.70 Mil. Ace Integrated Solutions's Revenue for the three months ended in Dec. 2023 was ₹23.70 Mil. Therefore, Ace Integrated Solutions's Gross Margin % for the quarter that ended in Dec. 2023 was 24.05%.

Ace Integrated Solutions had a gross margin of 24.05% for the quarter that ended in Dec. 2023 => Competition eroding margins

During the past 12 years, the highest Gross Margin % of Ace Integrated Solutions was 57.03%. The lowest was 9.48%. And the median was 40.79%.

Warning Sign:

Ace Integrated Solutions Ltd gross margin has been in long-term decline. The average rate of decline per year is -5.2%.


Ace Integrated Solutions Gross Profit Historical Data

The historical data trend for Ace Integrated 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.

Ace Integrated Solutions Gross Profit Chart

Ace Integrated Solutions Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 33.94 58.14 25.16 33.70 19.80

Ace Integrated Solutions Quarterly Data
Dec16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 7.80 -9.30 7.00 4.20 5.70

Competitive Comparison of Ace Integrated Solutions's Gross Profit

For the Staffing & Employment Services subindustry, Ace Integrated 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.


Ace Integrated Solutions's Gross Profit Distribution in the Business Services Industry

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

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



Ace Integrated Solutions Gross Profit Calculation

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

Ace Integrated Solutions'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
=69.1 - 49.3
=19.80

Ace Integrated Solutions's Gross Profit for the quarter that ended in Dec. 2023 is calculated as

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=23.7 - 18
=5.70

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹7.60 Mil.

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

Ace Integrated Solutions'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
=5.70 / 23.7
=24.05 %

* 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.


Ace Integrated Solutions  (NSE:ACEINTEG) 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

Ace Integrated Solutions had a gross margin of 24.05% for the quarter that ended in Dec. 2023 => Competition eroding margins


Ace Integrated Solutions Gross Profit Related Terms

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Ace Integrated Solutions (NSE:ACEINTEG) Business Description

Traded in Other Exchanges
N/A
Address
B-13, DSIDC Complex, Functional Industrial Estate, Industrial Area, Patparganj, New Delhi, IND, 110092
Ace Integrated Solutions Ltd is an India based company engaged in assisting various Govt/ Semi Govt organization/ Management in the recruitment of Human Resources. Its services include designing, barcoding, collecting, data capturing, and processing of online and offline application forms; designing, printing, and dispatch of admit cards; the arrangement of test venues; and consultancy. The company serves customers in India.

Ace Integrated Solutions (NSE:ACEINTEG) Headlines

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