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Gremi Media (WAR:GME) Gross Profit : zł47.07 Mil (TTM As of Mar. 2024)


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What is Gremi Media Gross Profit?

Gremi Media's gross profit for the three months ended in Mar. 2024 was zł11.75 Mil. Gremi Media's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was zł47.07 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Gremi Media's gross profit for the three months ended in Mar. 2024 was zł11.75 Mil. Gremi Media's Revenue for the three months ended in Mar. 2024 was zł22.68 Mil. Therefore, Gremi Media's Gross Margin % for the quarter that ended in Mar. 2024 was 51.82%.

Gremi Media had a gross margin of 51.82% for the quarter that ended in Mar. 2024 => Durable competitive advantage

During the past 11 years, the highest Gross Margin % of Gremi Media was 49.73%. The lowest was 30.27%. And the median was 44.95%.

Warning Sign:

Gremi Media SA gross margin has been in long-term decline. The average rate of decline per year is -1.2%.


Gremi Media Gross Profit Historical Data

The historical data trend for Gremi Media'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.

Gremi Media Gross Profit Chart

Gremi Media Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 51.15 46.32 50.04 43.70 44.51

Gremi Media 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 9.20 11.30 11.41 12.61 11.75

Competitive Comparison of Gremi Media's Gross Profit

For the Publishing subindustry, Gremi Media'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.


Gremi Media's Gross Profit Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Gremi Media's Gross Profit distribution charts can be found below:

* The bar in red indicates where Gremi Media's Gross Profit falls into.



Gremi Media Gross Profit Calculation

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

Gremi Media'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
=98.859 - 54.349
=44.51

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

Gross Profit (Q: Mar. 2024 )=Revenue - Cost of Goods Sold
=22.679 - 10.927
=11.75

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 zł47.07 Mil.

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

Gremi Media'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
=11.75 / 22.679
=51.82 %

* 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.


Gremi Media  (WAR:GME) 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

Gremi Media had a gross margin of 51.82% for the quarter that ended in Mar. 2024 => Durable competitive advantage


Gremi Media Gross Profit Related Terms

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Gremi Media (WAR:GME) Business Description

Traded in Other Exchanges
N/A
Address
ul. Prosta 51, Prosta Office Center, Warszawa, POL, 00-838
Gremi Media SA is a Poland based company, engages in offering economic and business press and an Internet portfolio for professionals and senior managers. It is a polish publisher offering specialized business and legal content in online and offline media. It presents daily commentaries and analyses relating to political, economic and legal events. It offers different services: Compress SA, specializing in creating comprehensive PR strategies and communication solutions.

Gremi Media (WAR:GME) Headlines