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wrkr (ASX:WRK) Gross Profit : A$7.50 Mil (TTM As of Dec. 2023)


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What is wrkr Gross Profit?

wrkr's gross profit for the six months ended in Dec. 2023 was A$3.28 Mil. wrkr's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was A$7.50 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. wrkr's gross profit for the six months ended in Dec. 2023 was A$3.28 Mil. wrkr's Revenue for the six months ended in Dec. 2023 was A$3.28 Mil. Therefore, wrkr's Gross Margin % for the quarter that ended in Dec. 2023 was N/A%.

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


wrkr Gross Profit Historical Data

The historical data trend for wrkr'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.

wrkr Gross Profit Chart

wrkr Annual Data
Trend Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Gross Profit
Get a 7-Day Free Trial 1.73 1.43 2.03 4.60 6.58

wrkr Semi-Annual Data
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 1.50 3.10 2.36 4.22 3.28

Competitive Comparison of wrkr's Gross Profit

For the Software - Infrastructure subindustry, wrkr'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.


wrkr's Gross Profit Distribution in the Software Industry

For the Software industry and Technology sector, wrkr's Gross Profit distribution charts can be found below:

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



wrkr Gross Profit Calculation

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

wrkr'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
=6.575 - 0
=6.58

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

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=3.279 - 0
=3.28

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$7.50 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.)

wrkr'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
=3.28 / 3.279
=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.


wrkr  (ASX:WRK) 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

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


wrkr Gross Profit Related Terms

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wrkr (ASX:WRK) Business Description

Traded in Other Exchanges
N/A
Address
66 Goulburn Street, Level 24, Sydney, NSW, AUS, 2000
wrkr Ltd, formerly Integrated Payment Technologies Ltd develops technology to facilitate the secure storage and transmission of data concerning payments. Its services include ClickSuper Service, Payment Adviser Service, and Bill Exchange Service. The company's only operating segment is engaged in the provision of services that enable its customers to meet their regulatory compliance across the hire-to-retire life cycle. It does that by facilitating the transfer of data and payments between regulated authorities and participants of the ecosystem (HR/payrolls, Accountants, Banks, APRA, SMSF Funds, and federal departments like the ATO). It operates in the one geographical segment of Australia.

wrkr (ASX:WRK) Headlines

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