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Dye & Durham (TSX:DND) Gross Profit : C$309.4 Mil (TTM As of Mar. 2024)


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What is Dye & Durham Gross Profit?

Dye & Durham's gross profit for the three months ended in Mar. 2024 was C$73.5 Mil. Dye & Durham's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was C$309.4 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Dye & Durham's gross profit for the three months ended in Mar. 2024 was C$73.5 Mil. Dye & Durham's Revenue for the three months ended in Mar. 2024 was C$107.3 Mil. Therefore, Dye & Durham's Gross Margin % for the quarter that ended in Mar. 2024 was 68.52%.

Dye & Durham had a gross margin of 68.52% for the quarter that ended in Mar. 2024 => Durable competitive advantage

During the past 8 years, the highest Gross Margin % of Dye & Durham was 79.28%. The lowest was 65.84%. And the median was 68.84%.

Warning Sign:

Dye & Durham Ltd gross margin has been in long-term decline. The average rate of decline per year is -2.6%.


Dye & Durham Gross Profit Historical Data

The historical data trend for Dye & Durham'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.

Dye & Durham Gross Profit Chart

Dye & Durham Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Gross Profit
Get a 7-Day Free Trial 32.34 43.14 139.71 332.96 304.78

Dye & Durham Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 71.21 80.18 83.12 72.58 73.54

Competitive Comparison of Dye & Durham's Gross Profit

For the Software - Application subindustry, Dye & Durham'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.


Dye & Durham's Gross Profit Distribution in the Software Industry

For the Software industry and Technology sector, Dye & Durham's Gross Profit distribution charts can be found below:

* The bar in red indicates where Dye & Durham's Gross Profit falls into.



Dye & Durham Gross Profit Calculation

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

Dye & Durham's Gross Profit for the fiscal year that ended in Jun. 2023 is calculated as

Gross Profit (A: Jun. 2023 )=Revenue - Cost of Goods Sold
=451.105 - 146.322
=304.8

Dye & Durham's Gross Profit for the quarter that ended in Mar. 2024 is calculated as

Gross Profit (Q: Mar. 2024 )=Revenue - Cost of Goods Sold
=107.318 - 33.78
=73.5

Gross Profit for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$309.4 Mil.

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

Dye & Durham's Gross Margin % for the quarter that ended in Mar. 2024 is calculated as

Gross Margin % (Q: Mar. 2024 )=Gross Profit (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=73.5 / 107.318
=68.52 %

* 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.


Dye & Durham  (TSX:DND) 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

Dye & Durham had a gross margin of 68.52% for the quarter that ended in Mar. 2024 => Durable competitive advantage


Dye & Durham Gross Profit Related Terms

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Dye & Durham (TSX:DND) Business Description

Traded in Other Exchanges
Address
25 York Street, Suite 1100, Toronto, ON, CAN, M5J 2V5
Dye & Durham Ltd is engaged in providing cloud-based software and technology solutions designed to improve efficiency and increase productivity for legal and business professionals. The company has business operations in Canada, Australia and the United Kingdom. The customers include law firms, financial service institutions, and government organizations.
Executives
Plantro Ltd. 10% Security Holder

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