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FalconStor Software (FalconStor Software) Gross Profit : $8.74 Mil (TTM As of Jun. 2023)


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What is FalconStor Software Gross Profit?

FalconStor Software's gross profit for the three months ended in Jun. 2023 was $1.99 Mil. FalconStor Software's gross profit for the trailing twelve months (TTM) ended in Jun. 2023 was $8.74 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. FalconStor Software's gross profit for the three months ended in Jun. 2023 was $1.99 Mil. FalconStor Software's Revenue for the three months ended in Jun. 2023 was $2.37 Mil. Therefore, FalconStor Software's Gross Margin % for the quarter that ended in Jun. 2023 was 83.72%.

FalconStor Software had a gross margin of 83.72% for the quarter that ended in Jun. 2023 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of FalconStor Software was 87.62%. The lowest was 72.63%. And the median was 82.85%.


FalconStor Software Gross Profit Historical Data

The historical data trend for FalconStor Software'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.

FalconStor Software Gross Profit Chart

FalconStor Software Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.63 12.94 11.98 8.49 9.95

FalconStor Software Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 Premium Member Only Premium Member Only Premium Member Only 2.68 2.18 1.89 1.99 -

Competitive Comparison of FalconStor Software's Gross Profit

For the Software - Application subindustry, FalconStor Software'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.


FalconStor Software's Gross Profit Distribution in the Software Industry

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

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



FalconStor Software Gross Profit Calculation

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

FalconStor Software'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
=11.599 - 1.647
=9.95

FalconStor Software's Gross Profit for the quarter that ended in Jun. 2023 is calculated as

Gross Profit (Q: Jun. 2023 )=Revenue - Cost of Goods Sold
=2.371 - 0.386
=1.99

Gross Profit for the trailing twelve months (TTM) ended in Jun. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $8.74 Mil.

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

FalconStor Software's Gross Margin % for the quarter that ended in Jun. 2023 is calculated as

Gross Margin % (Q: Jun. 2023 )=Gross Profit (Q: Jun. 2023 ) / Revenue (Q: Jun. 2023 )
=(Revenue - Cost of Goods Sold) / Revenue
=1.99 / 2.371
=83.72 %

* 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.


FalconStor Software  (OTCPK:FALC) 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

FalconStor Software had a gross margin of 83.72% for the quarter that ended in Jun. 2023 => Durable competitive advantage


FalconStor Software Gross Profit Related Terms

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FalconStor Software (FalconStor Software) Business Description

Traded in Other Exchanges
N/A
Address
501 Congress Avenue, Suite 150, Austin, TX, USA, 78701
FalconStor Software Inc operates in the trusted data protection software industry. The company enables enterprise customers and managed service providers to secure, migrate, and protect their data while reducing data storage and long-term retention costs. The products are offered through and supported by a worldwide network of managed service providers, systems integrators, resellers, and original equipment manufacturers. It's software products create investment protection, flexibility, and leverage of modern cloud-based technologies, through software-defined functionality that provides backup and long-term retention, and business continuity driven data replication. The company's geographical markets are the Americas, Asia Pacific, Europe, Middle East, Africa and Others.
Executives
Robert Todd Brooks officer: Chief Executive Officer C/O NOVATION COMPANIES, INC., 2 HUNTINGTON QUADRANGLE, SUITE 2S01, MELVILLE NY 11747
Vincent Sita officer: Chief Financial Officer C/O FALCONSTOR SOFTWARE, INC., 701 BRAZOS STREET, SUITE 400, AUSTIN TX 78701
Michael P Kelly director
Brad Wolfe officer: Chief Financial Officer C/O FALCONSTOR SOFTWARE, INC., 701 BRAZOS STREET, SUITE 400, AUSTIN TX 78701
Hcp-fva, Llc director, 10 percent owner 17 STATE STREET, SUITE 3230, NEW YORK NY 10004
Esw Capital, Llc 10 percent owner 401 CONGRESS AVENUE, SUITE 2650, AUSTIN TX 78701
Joseph Liemandt 10 percent owner 5001 PLAZA ON THE LAKE, AUSTIN TX 78746
Patrick Mcclain officer: EVP, CFO & Treasurer C/O FALCONSTOR SOFTWARE, INC., 2 HUNTINGTON QUADRANGLE, SUITE 2S01, MELVILLE NY 11747
Todd Oseth officer: CEO & President C/O MCDATA CORPORATION, 380 INTERLOCKEN CRESCENT, BROOMFIELD CO 80021
William D Miller director
Barry Rudolph director 1351 S SUNSET STREET, LONGMONT CO 80501
Daniel Murale officer: VP of Finance & Interim CFO C/O FALCONSTOR SOFTWARE, INC., 2 HUNTINGTON QUADRANGLE, SUITE 2S01, MELVILLE NY 11747
Gary Quinn officer: COO and EVP C/O COMPUTER ASSOCIATES INTER INC, ONE COMPUTER ASSOC PLAZA, ISLANDIA NY 11749
Alan Komet officer: EVP Worldwide Field Operations 2 HUNTINGTON QUADRANGLE, MELVILLE NY 11747
Hale Martin M Jr director, 10 percent owner

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