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PSC Insurance Group (ASX:PSI) Gross Profit : A$169.7 Mil (TTM As of Dec. 2023)


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What is PSC Insurance Group Gross Profit?

PSC Insurance Group's gross profit for the six months ended in Dec. 2023 was A$0.0 Mil. PSC Insurance Group's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was A$169.7 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. PSC Insurance Group's gross profit for the six months ended in Dec. 2023 was A$0.0 Mil. PSC Insurance Group's Revenue for the six months ended in Dec. 2023 was A$0.0 Mil. Therefore, PSC Insurance Group's Gross Margin % for the quarter that ended in Dec. 2023 was N/A%.

PSC Insurance Group had a gross margin of N/A% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage


PSC Insurance Group Gross Profit Historical Data

The historical data trend for PSC Insurance 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.

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PSC Insurance Group Gross Profit Chart

PSC Insurance Group Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Gross Profit
Get a 7-Day Free Trial 112.05 173.28 203.63 251.15 289.57

PSC Insurance Group Semi-Annual Data
Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 118.63 133.00 138.39 169.71 -

Competitive Comparison of PSC Insurance Group's Gross Profit

For the Insurance Brokers subindustry, PSC Insurance 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.


PSC Insurance Group's Gross Profit Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, PSC Insurance Group's Gross Profit distribution charts can be found below:

* The bar in red indicates where PSC Insurance Group's Gross Profit falls into.



PSC Insurance Group Gross Profit Calculation

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

PSC Insurance Group's Gross Profit for the fiscal year that ended in Jun. 2023 is calculated as

Gross Profit (A: Jun. 2023 )=Revenue - Cost of Goods Sold
=289.574 - 0
=289.6

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

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=0 - 0
=0.0

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 A$169.7 Mil.

Gross Profit is the numerator in the calculation of Gross Margin. (Note that if there's no value for Cost of Goods Sold, then Gross Margin % is not calculated.)

PSC Insurance Group'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
=0.0 / 0
=N/A %

* 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.


PSC Insurance Group  (ASX:PSI) 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

PSC Insurance Group had a gross margin of N/A% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage


PSC Insurance Group Gross Profit Related Terms

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PSC Insurance Group (ASX:PSI) Business Description

Traded in Other Exchanges
N/A
Address
96 Wellington Parade, Level 4, East Melbourne, Melbourne, VIC, AUS, 3002
PSC Insurance Group is an insurance intermediary which owns broker and underwriting businesses in Australia, New Zealand and the U.K. It also runs the third largest broker network in Australia, allowing independent brokers to access support services for a fee. PSC Insurance derives most of its revenue from commissions (from insurers, ultimately paid for by PSC's customers) based on gross written premium. Broker GWP is split between small to medium enterprises (45%), and corporates (55%). The U.K. business spans retail and wholesale broking, underwriting agencies, and managing agents which have the authority to underwrite on behalf of insurers.

PSC Insurance Group (ASX:PSI) Headlines