GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » MultiChoice Group Ltd (OTCPK:MCOIF) » Definitions » Gross Profit

MultiChoice Group (MultiChoice Group) Gross Profit : $1,428 Mil (TTM As of Sep. 2023)


View and export this data going back to 2019. Start your Free Trial

What is MultiChoice Group Gross Profit?

MultiChoice Group's gross profit for the six months ended in Sep. 2023 was $724 Mil. MultiChoice Group's gross profit for the trailing twelve months (TTM) ended in Sep. 2023 was $1,428 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. MultiChoice Group's gross profit for the six months ended in Sep. 2023 was $724 Mil. MultiChoice Group's Revenue for the six months ended in Sep. 2023 was $1,494 Mil. Therefore, MultiChoice Group's Gross Margin % for the quarter that ended in Sep. 2023 was 48.48%.

MultiChoice Group had a gross margin of 48.48% for the quarter that ended in Sep. 2023 => Durable competitive advantage

During the past 6 years, the highest Gross Margin % of MultiChoice Group was 47.86%. The lowest was 41.70%. And the median was 44.89%.


MultiChoice Group Gross Profit Historical Data

The historical data trend for MultiChoice Group'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.

MultiChoice Group Gross Profit Chart

MultiChoice Group Annual Data
Trend Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Gross Profit
Get a 7-Day Free Trial 1,452.27 1,375.20 1,705.70 1,702.63 1,462.47

MultiChoice Group Semi-Annual Data
Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
Gross Profit Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 899.23 825.55 787.52 703.47 724.31

Competitive Comparison of MultiChoice Group's Gross Profit

For the Entertainment subindustry, MultiChoice Group'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.


MultiChoice Group's Gross Profit Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, MultiChoice Group's Gross Profit distribution charts can be found below:

* The bar in red indicates where MultiChoice Group's Gross Profit falls into.



MultiChoice Group Gross Profit Calculation

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

MultiChoice Group's Gross Profit for the fiscal year that ended in Mar. 2023 is calculated as

Gross Profit (A: Mar. 2023 )=Revenue - Cost of Goods Sold
=3238.917 - 1776.445
=1,462

MultiChoice Group's Gross Profit for the quarter that ended in Sep. 2023 is calculated as

Gross Profit (Q: Sep. 2023 )=Revenue - Cost of Goods Sold
=1493.96 - 769.652
=724

Gross Profit for the trailing twelve months (TTM) ended in Sep. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $1,428 Mil.

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

MultiChoice Group's Gross Margin % for the quarter that ended in Sep. 2023 is calculated as

Gross Margin % (Q: Sep. 2023 )=Gross Profit (Q: Sep. 2023 ) / Revenue (Q: Sep. 2023 )
=(Revenue - Cost of Goods Sold) / Revenue
=724 / 1493.96
=48.48 %

* 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.


MultiChoice Group  (OTCPK:MCOIF) 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

MultiChoice Group had a gross margin of 48.48% for the quarter that ended in Sep. 2023 => Durable competitive advantage


MultiChoice Group Gross Profit Related Terms

Thank you for viewing the detailed overview of MultiChoice Group's Gross Profit provided by GuruFocus.com. Please click on the following links to see related term pages.


MultiChoice Group (MultiChoice Group) Business Description

Traded in Other Exchanges
Address
144 Bram Fischer Drive, MultiChoice City, Randburg, Johannesburg, GT, ZAF, 2194
MultiChoice Group Ltd is an entertainment company providing video entertainment to the African Markets. It provides its content through Direct To Home (DTH), Digital Terrestrial Television (DTT) and online video entertainment services. The entertainment platforms of the company include GOtv, Showmax, DStv, and others. Its geographical segment includes South Africa; the Rest of Africa as well as the Technology segment. The company derives a majority of its revenue from South Africa.

MultiChoice Group (MultiChoice Group) Headlines