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Curro Holdings (JSE:COH) Gross Profit : R2,513 Mil (TTM As of Dec. 2023)


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What is Curro Holdings Gross Profit?

Curro Holdings's gross profit for the six months ended in Dec. 2023 was R1,262 Mil. Curro Holdings's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was R2,513 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Curro Holdings's gross profit for the six months ended in Dec. 2023 was R1,262 Mil. Curro Holdings's Revenue for the six months ended in Dec. 2023 was R2,339 Mil. Therefore, Curro Holdings's Gross Margin % for the quarter that ended in Dec. 2023 was 53.95%.

Curro Holdings had a gross margin of 53.95% for the quarter that ended in Dec. 2023 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of Curro Holdings was 53.25%. The lowest was 46.54%. And the median was 49.26%.


Curro Holdings Gross Profit Historical Data

The historical data trend for Curro Holdings'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.

Curro Holdings Gross Profit Chart

Curro Holdings 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 1,366.00 1,521.00 1,701.00 2,115.00 2,513.00

Curro Holdings Semi-Annual Data
Jun14 Dec14 Jun15 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 Premium Member Only Premium Member Only 836.00 1,030.00 1,085.00 1,251.00 1,262.00

Competitive Comparison of Curro Holdings's Gross Profit

For the Education & Training Services subindustry, Curro Holdings'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.


Curro Holdings's Gross Profit Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, Curro Holdings's Gross Profit distribution charts can be found below:

* The bar in red indicates where Curro Holdings's Gross Profit falls into.



Curro Holdings Gross Profit Calculation

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

Curro Holdings'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
=4719 - 2206
=2,513

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

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=2339 - 1077
=1,262

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 R2,513 Mil.

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

Curro Holdings'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
=1,262 / 2339
=53.95 %

* 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.


Curro Holdings  (JSE:COH) 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

Curro Holdings had a gross margin of 53.95% for the quarter that ended in Dec. 2023 => Durable competitive advantage


Curro Holdings Gross Profit Related Terms

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Curro Holdings (JSE:COH) Business Description

Traded in Other Exchanges
N/A
Address
38 Oxford Street, Durbanville, Cape Town, ZAF, 7550
Curro Holdings Ltd is a South African education company that focuses on operating preschools, primary schools, and high schools. The company offers preschool through 12th-grade programs. It has two reportable segments - Curro Schools and Meridian Schools. It generates the majority of the revenue from the Curro Schools segment. Geographically, it operates in South Africa, Namibia, and Botswana.

Curro Holdings (JSE:COH) Headlines

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