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TOP Financial Group (TOP Financial Group) Gross Profit : $7.94 Mil (TTM As of Sep. 2023)


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What is TOP Financial Group Gross Profit?

TOP Financial Group's gross profit for the six months ended in Sep. 2023 was $5.00 Mil. TOP Financial Group's gross profit for the trailing twelve months (TTM) ended in Sep. 2023 was $7.94 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. TOP Financial Group's gross profit for the six months ended in Sep. 2023 was $5.00 Mil. TOP Financial Group's Revenue for the six months ended in Sep. 2023 was $7.15 Mil. Therefore, TOP Financial Group's Gross Margin % for the quarter that ended in Sep. 2023 was 70.00%.

TOP Financial Group had a gross margin of 70.00% for the quarter that ended in Sep. 2023 => Durable competitive advantage

During the past 4 years, the highest Gross Margin % of TOP Financial Group was 67.93%. The lowest was 20.42%. And the median was 46.57%.


TOP Financial Group Gross Profit Historical Data

The historical data trend for TOP Financial 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.

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TOP Financial Group Gross Profit Chart

TOP Financial Group Annual Data
Trend Mar20 Mar21 Mar22 Mar23
Gross Profit
3.37 5.95 4.53 5.87

TOP Financial Group Semi-Annual Data
Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
Gross Profit Get a 7-Day Free Trial 1.41 3.12 2.93 2.94 5.00

Competitive Comparison of TOP Financial Group's Gross Profit

For the Capital Markets subindustry, TOP Financial 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.


TOP Financial Group's Gross Profit Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, TOP Financial Group's Gross Profit distribution charts can be found below:

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



TOP Financial Group Gross Profit Calculation

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

TOP Financial 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
=9.695 - 3.828
=5.87

TOP Financial 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
=7.149 - 2.145
=5.00

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 $7.94 Mil.

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

TOP Financial 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
=5.00 / 7.149
=70.00 %

* 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.


TOP Financial Group  (NAS:TOP) 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

TOP Financial Group had a gross margin of 70.00% for the quarter that ended in Sep. 2023 => Durable competitive advantage


TOP Financial Group Gross Profit Related Terms

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TOP Financial Group (TOP Financial Group) Business Description

Traded in Other Exchanges
N/A
Address
118 Connaught Road West, Room 1101, Hong Kong, HKG
TOP Financial Group Ltd is an online brokerage firm in Hong Kong specializing in the trading of local and overseas equities, futures, and options products. The company operates in only one segment which is the futures brokerage service.