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MM Group Industrial & International Trade (In Kind) (CAI:MTIE) Gross Profit : E£1,233 Mil (TTM As of Dec. 2023)


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What is MM Group Industrial & International Trade (In Kind) Gross Profit?

MM Group Industrial & International Trade (In Kind)'s gross profit for the three months ended in Dec. 2023 was E£349 Mil. MM Group Industrial & International Trade (In Kind)'s gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was E£1,233 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. MM Group Industrial & International Trade (In Kind)'s gross profit for the three months ended in Dec. 2023 was E£349 Mil. MM Group Industrial & International Trade (In Kind)'s Revenue for the three months ended in Dec. 2023 was E£2,367 Mil. Therefore, MM Group Industrial & International Trade (In Kind)'s Gross Margin % for the quarter that ended in Dec. 2023 was 14.74%.

MM Group Industrial & International Trade (In Kind) had a gross margin of 14.74% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

During the past 9 years, the highest Gross Margin % of MM Group Industrial & International Trade (In Kind) was 11.90%. The lowest was 6.83%. And the median was 10.36%.


MM Group Industrial & International Trade (In Kind) Gross Profit Historical Data

The historical data trend for MM Group Industrial & International Trade (In Kind)'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.

MM Group Industrial & International Trade (In Kind) Gross Profit Chart

MM Group Industrial & International Trade (In Kind) Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial Premium Member Only 926.16 899.66 949.14 802.36 1,226.88

MM Group Industrial & International Trade (In Kind) Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 Premium Member Only Premium Member Only Premium Member Only 233.09 278.94 277.12 327.76 348.88

Competitive Comparison of MM Group Industrial & International Trade (In Kind)'s Gross Profit

For the Electronics & Computer Distribution subindustry, MM Group Industrial & International Trade (In Kind)'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.


MM Group Industrial & International Trade (In Kind)'s Gross Profit Distribution in the Hardware Industry

For the Hardware industry and Technology sector, MM Group Industrial & International Trade (In Kind)'s Gross Profit distribution charts can be found below:

* The bar in red indicates where MM Group Industrial & International Trade (In Kind)'s Gross Profit falls into.



MM Group Industrial & International Trade (In Kind) Gross Profit Calculation

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

MM Group Industrial & International Trade (In Kind)'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
=10357.435 - 9130.557
=1,227

MM Group Industrial & International Trade (In Kind)'s Gross Profit for the quarter that ended in Dec. 2023 is calculated as

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=2366.833 - 2017.95
=349

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was E£1,233 Mil.

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

MM Group Industrial & International Trade (In Kind)'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
=349 / 2366.833
=14.74 %

* 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.


MM Group Industrial & International Trade (In Kind)  (CAI:MTIE) 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

MM Group Industrial & International Trade (In Kind) had a gross margin of 14.74% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage


MM Group Industrial & International Trade (In Kind) Gross Profit Related Terms

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MM Group Industrial & International Trade (In Kind) (CAI:MTIE) Business Description

Traded in Other Exchanges
N/A
Address
18 El-Obour Buildings Salah Salem Street, Cairo, EGY
MM Group Industrial & International Trade (In Kind) is an Egypt-based company. It operates in the consumer electronics distribution and retail segment. The company's line of business includes Consumer and electronics; Telecommunication; Automotive and Tractors and pipes. It generates maximum revenue from Consumer and electronics.

MM Group Industrial & International Trade (In Kind) (CAI:MTIE) Headlines

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