HS GovTech Solutions (FRA:38H) Gross Profit : €5.09 Mil (TTM As of Jun. 2023)

HS GovTech Solutions Gross Profit Chart

HS GovTech Solutions Annual Data
	Trend	Jul14	Jul15	Jul16	Jul17	Jul18	Jul19	Jul20	Dec21	Dec22
Gross Profit		Get a 7-Day Free Trial				1.88	1.52	1.54	3.63	4.23

HS GovTech Solutions Quarterly Data
	Jul18	Oct18	Jan19	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23
Gross Profit	Get a 7-Day Free Trial															1.41	0.83	1.02	1.35	1.88

Competitive Comparison of HS GovTech Solutions's Gross Profit

For the Health Information Services subindustry, HS GovTech Solutions'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.

HS GovTech Solutions's Gross Profit Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, HS GovTech Solutions's Gross Profit distribution charts can be found below:

* The bar in red indicates where HS GovTech Solutions's Gross Profit falls into.

HS GovTech Solutions Gross Profit Calculation

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

HS GovTech Solutions's Gross Profit for the fiscal year that ended in Dec. 2022 is calculated as

HS GovTech Solutions's Gross Profit for the quarter that ended in Jun. 2023 is calculated as

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 €5.09 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.)

HS GovTech Solutions's Gross Margin % for the quarter that ended in Jun. 2023 is calculated as

* 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.

HS GovTech Solutions  (FRA:38H) 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

HS GovTech Solutions had a gross margin of N/A% for the quarter that ended in Jun. 2023 => No sustainable competitive advantage

HS GovTech Solutions Gross Profit Related Terms

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HS GovTech Solutions (FRA:38H) Business Description