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Recruiter.Com Group (Recruiter.Com Group) Gross Profit : $0.21 Mil (TTM As of Mar. 2024)


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What is Recruiter.Com Group Gross Profit?

Recruiter.Com Group's gross profit for the three months ended in Mar. 2024 was $0.22 Mil. Recruiter.Com Group's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was $0.21 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Recruiter.Com Group's gross profit for the three months ended in Mar. 2024 was $0.22 Mil. Recruiter.Com Group's Revenue for the three months ended in Mar. 2024 was $0.22 Mil. Therefore, Recruiter.Com Group's Gross Margin % for the quarter that ended in Mar. 2024 was 98.65%.

Recruiter.Com Group had a gross margin of 98.65% for the quarter that ended in Mar. 2024 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of Recruiter.Com Group was 35.65%. The lowest was 7.92%. And the median was 27.81%.


Recruiter.Com Group Gross Profit Historical Data

The historical data trend for Recruiter.Com Group'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.

Recruiter.Com Group Gross Profit Chart

Recruiter.Com Group Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.55 2.37 7.28 7.58 0.47

Recruiter.Com Group Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.66 0.44 -0.07 -0.38 0.22

Competitive Comparison of Recruiter.Com Group's Gross Profit

For the Staffing & Employment Services subindustry, Recruiter.Com Group'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.


Recruiter.Com Group's Gross Profit Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Recruiter.Com Group's Gross Profit distribution charts can be found below:

* The bar in red indicates where Recruiter.Com Group's Gross Profit falls into.



Recruiter.Com Group Gross Profit Calculation

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

Recruiter.Com Group's Gross Profit for the fiscal year that ended in Dec. 2023 is calculated as

Gross Profit (A: Dec. 2023 )=Revenue - Cost of Goods Sold
=3.188 - 2.721
=0.47

Recruiter.Com Group's Gross Profit for the quarter that ended in Mar. 2024 is calculated as

Gross Profit (Q: Mar. 2024 )=Revenue - Cost of Goods Sold
=0.223 - 0.003
=0.22

Gross Profit for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.21 Mil.

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

Recruiter.Com Group'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
=0.22 / 0.223
=98.65 %

* 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.


Recruiter.Com Group  (NAS:RCRT) 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

Recruiter.Com Group had a gross margin of 98.65% for the quarter that ended in Mar. 2024 => Durable competitive advantage


Recruiter.Com Group Gross Profit Related Terms

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Recruiter.Com Group (Recruiter.Com Group) Business Description

Traded in Other Exchanges
N/A
Address
500 Seventh Avenue, New York, NY, USA, 10018
Recruiter.Com Group Inc is a hiring platform for the network of recruiters. The company empowers businesses to recruit specialized talent faster with virtual teams of recruiters and AI job-matching technology. The Recruiter.com network of over 28,000 small and independent recruiters utilize a web platform, complete with AI-driven job matching, to recruit talent faster. Its Recruiters On Demand provides businesses of all sizes access to virtual recruiters specialized by vertical industries to source, engage, and hire talent on an as-needed basis.
Executives
Douglas Roth director 54 W 40TH STREET, NEW YORK NY 10018
Miles L Jennings director, officer: CEO 4 OAKLAND STREET, BRISTOL CT 06010
Evan Sohn director, officer: Executive Chairman 344 GROVE STREET #2 #4018, JERSEY CITY NJ 07302
Josh Mcbride officer: SVP, AI Solutions 500 SEVENTH AVENUE, NEW YORK NY 10018
Xuan Smith officer: Chief Technology Officer 500 SEVENTH AVENUE, NEW YORK NY 10018
Wallace D Ruiz director
Judy Krandel officer: Chief Financial Officer 320 W. 37TH STREET, 13TH FLOOR, NEW YORK NY 10018
Robert H Heath director 1 MARKET STREET, STEUART TOWER, SUITE 800, SAN FRANCISCO CA 94105
Stephen Pemberton director 801 W. ADAMS STREET SUITE 600, CHICAGO IL 60607
Deborah Leff director 500 SEVENTH AVENUE, NEW YORK NY 10018
Robert Scherne officer: Interim CFO and Controller 27 ARBOR ROAD, SYOSSET NY 11791
Ricky Don Roberts officer: See Remarks 344 GROVE STREET #2 #4018, JERSEY CITY NJ 07302
Ashley Saddul 10 percent owner, officer: Chief Technology Officer 344 GROVE STREET #2 #4018, JERSEY CITY NJ 07302
Tim O'rourke director 344 GROVE STREET #2 #4018, JERSEY CITY NJ 07302
Elliot M Maza 10 percent owner, officer: CEO and CFO C/O IMMUNE PHARMACEUTICALS INC., ONE BROADWAY, 14TH FLOOR, CAMBRIDGE MA 02142