hopTo's gross profit for the
three
months ended in Sep. 2023 was $1.00 Mil. hopTo's gross profit for the trailing twelve months (TTM) ended in Sep. 2023 was $3.90 Mil.
Gross Margin % is calculated as gross profit divided by its revenue. hopTo's gross profit for the
three
months ended in Sep. 2023 was $1.00 Mil. hopTo's Revenue for the
three
months ended in Sep. 2023 was $1.07 Mil. Therefore, hopTo's Gross Margin % for the quarter that ended in Sep. 2023 was 93.64%.
hopTo had a gross margin of 93.64% for the quarter that ended in Sep. 2023 => Durable competitive advantage
During the past 13 years, the highestGross Margin % of hopTo was 98.23%. The lowest was 87.77%. And the median was 95.39%.
hopTo Gross Profit Historical Data
The historical data trend for hopTo'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.
For the Software - Application subindustry, hopTo'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.
hopTo's Gross Profit Distribution in the Software Industry
For the Software industry and Technology sector, hopTo's Gross Profit distribution charts can be found below:
* The bar in red indicates where hopTo's Gross Profit falls into.
hopTo Gross Profit Calculation
Gross Profit is the different between the sale prices and the cost of buying or producing the goods.
hopTo's Gross Profit for the fiscal year that ended in Dec. 2022 is calculated as
Gross Profit for the trailing twelve months (TTM) ended in Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $3.90 Mil.
Gross Profit is the numerator in the calculation of Gross Margin.
hopTo's Gross Margin % for the quarter that ended in Sep. 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.
hopTo (OTCPK:HPTO) 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
hopTo had a gross margin of 93.64% for the quarter that ended in Sep. 2023 => Durable competitive advantage
hopTo Gross Profit Related Terms
Thank you for viewing the detailed overview of hopTo's Gross Profit provided by GuruFocus.com. Please click on the following links to see related term pages.
hopTo Inc is a developer of application software that includes application virtualization and cloud computing software for multiple computer operating systems. The company's products are sold under the brand name GO-Global, which is sold to small to medium-sized companies, departments within large corporations, governmental and educational institutions, independent software vendors (ISVs), and value-added resellers (VARs). Its GO-Global includes different product families that GO-Global for Windows, UNIX, and Client. Its geographical segments are the United States, Brazil, Japan, and Other countries.
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