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Ecoener (XMAD:ENER) Gross Profit : €54.19 Mil (TTM As of Dec. 2023)


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What is Ecoener Gross Profit?

Ecoener's gross profit for the six months ended in Dec. 2023 was €31.92 Mil. Ecoener's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was €54.19 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Ecoener's gross profit for the six months ended in Dec. 2023 was €31.92 Mil. Ecoener's Revenue for the six months ended in Dec. 2023 was €34.76 Mil. Therefore, Ecoener's Gross Margin % for the quarter that ended in Dec. 2023 was 91.84%.

Ecoener had a gross margin of 91.84% for the quarter that ended in Dec. 2023 => Durable competitive advantage

During the past 6 years, the highest Gross Margin % of Ecoener was 92.35%. The lowest was 84.61%. And the median was 84.66%.

Warning Sign:

Ecoener SA gross margin has been in long-term decline. The average rate of decline per year is -1.7%.


Ecoener Gross Profit Historical Data

The historical data trend for Ecoener'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.

Ecoener Gross Profit Chart

Ecoener Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial 30.15 28.20 33.80 61.69 54.19

Ecoener Semi-Annual Data
Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Gross Profit Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.74 34.27 27.42 22.27 31.92

Competitive Comparison of Ecoener's Gross Profit

For the Utilities - Renewable subindustry, Ecoener'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.


Ecoener's Gross Profit Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Ecoener's Gross Profit distribution charts can be found below:

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



Ecoener Gross Profit Calculation

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

Ecoener'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
=64.01 - 9.817
=54.19

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

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=34.758 - 2.837
=31.92

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was €54.19 Mil.

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

Ecoener'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
=31.92 / 34.758
=91.84 %

* 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.


Ecoener  (XMAD:ENER) 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

Ecoener had a gross margin of 91.84% for the quarter that ended in Dec. 2023 => Durable competitive advantage


Ecoener Gross Profit Related Terms

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Ecoener (XMAD:ENER) Business Description

Traded in Other Exchanges
Address
Canton Grande, no. 6, 6th., La Coruna, ESP, 15003
Ecoener SA is a renewable energy company that builds and operates hydroelectric plants, wind farms, and photovoltaic solar plants. It generates renewable energy to contribute to sustainable development. In addition, it is also engaged in the design, promotion, development, construction, management, maintenance, operation, closure, and dismantling of the relevant production facilities. The Group has five operating segments: i) operation of hydropower plants, ii) operation of wind farms, iii) operation of solar photovoltaic plants, iv) electricity commercialization, and v) provision of other services. The majority of the revenue is earned from the operation of the wind farms segment.