Prospa Group (ASX:PGL) Gross-Profit-to-Asset % : 30.91% (As of Dec. 2023)

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What is Prospa Group Gross-Profit-to-Asset %?

Gross-Profit-to-Asset % is calculated as Gross Profit divided by its average Total Assets over a certain period of time. Prospa Group's annualized Gross Profit for the quarter that ended in Dec. 2023 was A$274.7 Mil. Prospa Group's average Total Assets over the quarter that ended in Dec. 2023 was A$888.8 Mil. Therefore, Prospa Group's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 was 30.91%.

Prospa Group Gross-Profit-to-Asset % Historical Data

The historical data trend for Prospa Group's Gross-Profit-to-Asset % 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.

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Prospa Group Gross-Profit-to-Asset % Chart

Prospa Group Annual Data

Trend

Jun19

Jun20

Jun21

Jun22

Jun23

Gross-Profit-to-Asset %

28.72

29.98

24.06

25.33

31.28

Prospa Group Semi-Annual Data
	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Gross-Profit-to-Asset %	Get a 7-Day Free Trial						25.74	25.87	28.75	29.99	30.91

Competitive Comparison of Prospa Group's Gross-Profit-to-Asset %

For the Credit Services subindustry, Prospa Group's Gross-Profit-to-Asset %, along with its competitors' market caps and Gross-Profit-to-Asset % 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.

Prospa Group's Gross-Profit-to-Asset % Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Prospa Group's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Prospa Group's Gross-Profit-to-Asset % falls into.

Prospa Group Gross-Profit-to-Asset % Calculation

Prospa Group's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Jun. 2023 is calculated as:

Gross-Profit-to-Asset %	=	Gross Profit (A: Jun. 2023 )	/	( (Total Assets (A: Jun. 2022 )	+	Total Assets (A: Jun. 2023 ))	/ count )
	=	267.589	/	( (812.097	+	898.963)	/ 2 )
	=	267.589	/	855.53
	=	31.28 %

Prospa Group's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 is calculated as:

Gross-Profit-to-Asset %	=	Gross Profit (Q: Dec. 2023 )	/	( (Total Assets (Q: Jun. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
	=	274.742	/	( (898.963	+	878.706)	/ 2 )
	=	274.742	/	888.8345
	=	30.91 %

In the calculation of annual Gross-Profit-to-Asset %, the Gross Profit of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Gross Profit data used here is two times the semi-annual (Dec. 2023) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.

Prospa Group Gross-Profit-to-Asset % Related Terms

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Prospa Group (ASX:PGL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Prospa Group Ltd (ASX:PGL) » Definitions » Gross-Profit-to-Asset %

Comparable Companies

Traded in Other Exchanges

N/A

Address

4-16 Yurong Street, Level 1, Sydney, NSW, AUS, 2000

Website

https://www.prospa.com

Prospa Group Ltd is engaged in the design, building and utilizing cloud-based data-rich and API-ended technologies to deliver seamless customer experiences for the small business. It uses third-party software and service providers as the core component of the technology platform. The company's technological innovation includes Customer experience, Credit Decision Engine, Partner Technical Solutions, and Internal Workflow and Automation.

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