GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Tapinator Inc (OTCPK:TAPM) » Definitions » Gross Profit

Tapinator (Tapinator) Gross Profit : $0.84 Mil (TTM As of Sep. 2023)


View and export this data going back to 2007. Start your Free Trial

What is Tapinator Gross Profit?

Tapinator's gross profit for the three months ended in Sep. 2023 was $0.84 Mil. Tapinator's gross profit for the trailing twelve months (TTM) ended in Sep. 2023 was $0.84 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Tapinator's gross profit for the three months ended in Sep. 2023 was $0.84 Mil. Tapinator's Revenue for the three months ended in Sep. 2023 was $1.18 Mil. Therefore, Tapinator's Gross Margin % for the quarter that ended in Sep. 2023 was 71.43%.

Tapinator had a gross margin of 71.43% for the quarter that ended in Sep. 2023 => Durable competitive advantage

During the past 10 years, the highest Gross Margin % of Tapinator was 71.43%. The lowest was 17.07%. And the median was 68.70%.


Tapinator Gross Profit Historical Data

The historical data trend for Tapinator'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.

Tapinator Gross Profit Chart

Tapinator Annual Data
Trend Oct07 Oct08 Oct09 Oct12 Oct13 Dec14 Dec15 Dec16 Dec17 Dec18
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.66 1.70 2.56 2.11 1.99

Tapinator Quarterly Data
Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Sep22 Sep23
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 0.51 0.92 0.56 0.92 0.84

Competitive Comparison of Tapinator's Gross Profit

For the Electronic Gaming & Multimedia subindustry, Tapinator'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.


Tapinator's Gross Profit Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Tapinator's Gross Profit distribution charts can be found below:

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



Tapinator Gross Profit Calculation

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

Tapinator's Gross Profit for the fiscal year that ended in Dec. 2018 is calculated as

Gross Profit (A: Dec. 2018 )=Revenue - Cost of Goods Sold
=2.872 - 0.884
=1.99

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

Gross Profit (Q: Sep. 2023 )=Revenue - Cost of Goods Sold
=1.176 - 0.336
=0.84

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 $0.84 Mil.

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

Tapinator'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
=0.84 / 1.176
=71.43 %

* 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.


Tapinator  (OTCPK:TAPM) 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

Tapinator had a gross margin of 71.43% for the quarter that ended in Sep. 2023 => Durable competitive advantage


Tapinator Gross Profit Related Terms

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


Tapinator (Tapinator) Business Description

Traded in Other Exchanges
N/A
Address
1776 Broadway, Suite 2002, New York, NY, USA, 10019
Tapinator Inc develops and publishes category- leading apps for mobile platforms, with a focus on social casino games. The company's library includes more than 300 titles. It offers games such as Solitaire Derby, Crypto Trillionaire, Castlebuilder, Combo Quest, and Dice Mage 2 among others. The company generates revenues through the sale of branded advertising and consumer transactions, including in-app purchases and subscriptions.

Tapinator (Tapinator) Headlines

From GuruFocus

Tapinator Announces Record Q1 2022 Financial Results

By PRNewswire PRNewswire 06-09-2022

Tapinator Announces Q1 2023 Financial Results

By PRNewswire PRNewswire 05-12-2023

Tapinator Announces Record 2021 Financial Results

By PRNewswire PRNewswire 03-11-2022

Tapinator Announces Record Q2 2021 Financial Results

By PRNewswire PRNewswire 08-03-2021

Tapinator Announces Q2 2023 Financial Results

By PRNewswire 08-11-2023

Tapinator Reports Q2 2020 Financial Results

By PRNewswire PRNewswire 08-10-2020

Tapinator Announces Q3 2022 Financial Results

By PRNewswire PRNewswire 11-09-2022

Tapinator Announces Dividend of Common Stock

By PRNewswire PRNewswire 03-16-2022

Tapinator Announces Q2 2022 Financial Results

By PRNewswire PRNewswire 08-12-2022