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IX Knowledge (TSE:9753) Gross Profit : 円4,250 Mil (TTM As of Dec. 2023)


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What is IX Knowledge Gross Profit?

IX Knowledge's gross profit for the three months ended in Dec. 2023 was 円1,072 Mil. IX Knowledge's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was 円4,250 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. IX Knowledge's gross profit for the three months ended in Dec. 2023 was 円1,072 Mil. IX Knowledge's Revenue for the three months ended in Dec. 2023 was 円5,356 Mil. Therefore, IX Knowledge's Gross Margin % for the quarter that ended in Dec. 2023 was 20.02%.

IX Knowledge had a gross margin of 20.02% for the quarter that ended in Dec. 2023 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of IX Knowledge was 19.96%. The lowest was 14.30%. And the median was 16.84%.


IX Knowledge Gross Profit Historical Data

The historical data trend for IX Knowledge'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.

IX Knowledge Gross Profit Chart

IX Knowledge Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3,070.60 3,239.09 3,219.21 3,563.64 4,033.14

IX Knowledge Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 1,080.34 941.24 1,218.86 1,017.31 1,072.34

Competitive Comparison of IX Knowledge's Gross Profit

For the Information Technology Services subindustry, IX Knowledge'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.


IX Knowledge's Gross Profit Distribution in the Software Industry

For the Software industry and Technology sector, IX Knowledge's Gross Profit distribution charts can be found below:

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



IX Knowledge Gross Profit Calculation

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

IX Knowledge'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
=20206.062 - 16172.918
=4,033

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

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=5355.929 - 4283.593
=1,072

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was 円4,250 Mil.

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

IX Knowledge'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
=1,072 / 5355.929
=20.02 %

* 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.


IX Knowledge  (TSE:9753) 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

IX Knowledge had a gross margin of 20.02% for the quarter that ended in Dec. 2023 => Competition eroding margins


IX Knowledge Gross Profit Related Terms

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IX Knowledge (TSE:9753) Business Description

Traded in Other Exchanges
N/A
Address
3-22-23, MSC Center Building, Kaigan, Minato-ku, Tokyo, JPN, 108-0022
IX Knowledge Inc is engaged in consulting service, system construction, and outsourcing service. The other service offered by the company include system verification, information security, cloud type service, and RPA solution.

IX Knowledge (TSE:9753) Headlines

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