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Ethernity Networks (FRA:82N) Gross Profit : €2.15 Mil (TTM As of Dec. 2023)


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What is Ethernity Networks Gross Profit?

Ethernity Networks's gross profit for the six months ended in Dec. 2023 was €1.41 Mil. Ethernity Networks's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was €2.15 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Ethernity Networks's gross profit for the six months ended in Dec. 2023 was €1.41 Mil. Ethernity Networks's Revenue for the six months ended in Dec. 2023 was €2.18 Mil. Therefore, Ethernity Networks's Gross Margin % for the quarter that ended in Dec. 2023 was 64.62%.

Ethernity Networks had a gross margin of 64.62% for the quarter that ended in Dec. 2023 => Durable competitive advantage

During the past 10 years, the highest Gross Margin % of Ethernity Networks was 85.88%. The lowest was 48.47%. And the median was 67.12%.

Warning Sign:

Ethernity Networks Ltd gross margin has been in long-term decline. The average rate of decline per year is -6.3%.


Ethernity Networks Gross Profit Historical Data

The historical data trend for Ethernity Networks'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.

Ethernity Networks Gross Profit Chart

Ethernity Networks 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 1.04 1.30 1.72 1.51 2.15

Ethernity Networks Semi-Annual Data
Dec14 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 Premium Member Only 1.19 0.41 1.10 0.74 1.41

Competitive Comparison of Ethernity Networks's Gross Profit

For the Software - Application subindustry, Ethernity Networks'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.


Ethernity Networks's Gross Profit Distribution in the Software Industry

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

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



Ethernity Networks Gross Profit Calculation

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

Ethernity Networks'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
=3.464 - 1.318
=2.15

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

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=2.182 - 0.772
=1.41

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 €2.15 Mil.

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

Ethernity Networks'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
=1.41 / 2.182
=64.62 %

* 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.


Ethernity Networks  (FRA:82N) 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

Ethernity Networks had a gross margin of 64.62% for the quarter that ended in Dec. 2023 => Durable competitive advantage


Ethernity Networks Gross Profit Related Terms

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Ethernity Networks (FRA:82N) Business Description

Traded in Other Exchanges
Address
1 Golan Street, Corner HaNegev, Beit Golan, 3rd Floor, Airport City, ISR, 7019900
Ethernity Networks Ltd develops and markets technology solutions for Carrier Ethernet switching, including broadband access, mobile backhaul, and data centers. The company's only operating segment is the development and delivery of high-end network processing technology. Geographically, it derives a majority of its revenue from the United States and also has a presence in Asia, Europe, and Israel. Its product categories include SoCs, SmartNICs, and Network Appliances.

Ethernity Networks (FRA:82N) Headlines

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