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Bigblu Broadband (LSE:BBB) Gross Profit : £9.63 Mil (TTM As of Nov. 2023)


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What is Bigblu Broadband Gross Profit?

Bigblu Broadband's gross profit for the six months ended in Nov. 2023 was £3.79 Mil. Bigblu Broadband's gross profit for the trailing twelve months (TTM) ended in Nov. 2023 was £9.63 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Bigblu Broadband's gross profit for the six months ended in Nov. 2023 was £3.79 Mil. Bigblu Broadband's Revenue for the six months ended in Nov. 2023 was £10.97 Mil. Therefore, Bigblu Broadband's Gross Margin % for the quarter that ended in Nov. 2023 was 34.57%.

Bigblu Broadband had a gross margin of 34.57% for the quarter that ended in Nov. 2023 => Competition eroding margins

During the past 10 years, the highest Gross Margin % of Bigblu Broadband was 49.10%. The lowest was 24.44%. And the median was 37.73%.

Warning Sign:

Bigblu Broadband PLC gross margin has been in long-term decline. The average rate of decline per year is -3.4%.


Bigblu Broadband Gross Profit Historical Data

The historical data trend for Bigblu Broadband'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.

Bigblu Broadband Gross Profit Chart

Bigblu Broadband Annual Data
Trend Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.17 10.83 12.17 10.42 9.63

Bigblu Broadband Semi-Annual Data
May14 Nov14 May15 Nov15 May16 Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23
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 6.43 6.23 4.19 5.83 3.79

Competitive Comparison of Bigblu Broadband's Gross Profit

For the Telecom Services subindustry, Bigblu Broadband'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.


Bigblu Broadband's Gross Profit Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Bigblu Broadband's Gross Profit distribution charts can be found below:

* The bar in red indicates where Bigblu Broadband's Gross Profit falls into.



Bigblu Broadband Gross Profit Calculation

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

Bigblu Broadband's Gross Profit for the fiscal year that ended in Nov. 2023 is calculated as

Gross Profit (A: Nov. 2023 )=Revenue - Cost of Goods Sold
=25.937 - 16.31
=9.63

Bigblu Broadband's Gross Profit for the quarter that ended in Nov. 2023 is calculated as

Gross Profit (Q: Nov. 2023 )=Revenue - Cost of Goods Sold
=10.972 - 7.179
=3.79

Gross Profit for the trailing twelve months (TTM) ended in Nov. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was £9.63 Mil.

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

Bigblu Broadband's Gross Margin % for the quarter that ended in Nov. 2023 is calculated as

Gross Margin % (Q: Nov. 2023 )=Gross Profit (Q: Nov. 2023 ) / Revenue (Q: Nov. 2023 )
=(Revenue - Cost of Goods Sold) / Revenue
=3.79 / 10.972
=34.57 %

* 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.


Bigblu Broadband  (LSE:BBB) 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

Bigblu Broadband had a gross margin of 34.57% for the quarter that ended in Nov. 2023 => Competition eroding margins


Bigblu Broadband Gross Profit Related Terms

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Bigblu Broadband (LSE:BBB) Business Description

Traded in Other Exchanges
N/A
Address
60 Gracechurch Street, 6th Floor, London, GBR, EC3V 0HR
Bigblu Broadband PLC is an independent broadband service provider for consumers and businesses. The company has one reportable segment - the provision of broadband services. Geographically, it derives a majority of its revenue from the rest of the world and has a presence in the United Kingdom and Europe. Its product consists of Satellite Broadband, next-generation fixed wireless, and 4G/5G. The company generates revenue from the sale of airtime, data, hardware, and installation in connection with the supply of broadband services.

Bigblu Broadband (LSE:BBB) Headlines

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