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VS Media Holdings (VS Media Holdings) Gross Profit : $1.64 Mil (TTM As of Dec. 2023)


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What is VS Media Holdings Gross Profit?

VS Media Holdings's gross profit for the six months ended in Dec. 2023 was $0.88 Mil. VS Media Holdings's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was $1.64 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. VS Media Holdings's gross profit for the six months ended in Dec. 2023 was $0.88 Mil. VS Media Holdings's Revenue for the six months ended in Dec. 2023 was $4.46 Mil. Therefore, VS Media Holdings's Gross Margin % for the quarter that ended in Dec. 2023 was 19.76%.

VS Media Holdings had a gross margin of 19.76% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

During the past 4 years, the highest Gross Margin % of VS Media Holdings was 27.83%. The lowest was 20.52%. And the median was 23.08%.


VS Media Holdings Gross Profit Historical Data

The historical data trend for VS Media Holdings'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.

VS Media Holdings Gross Profit Chart

VS Media Holdings Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Gross Profit
2.54 2.28 2.29 1.64

VS Media Holdings Semi-Annual Data
Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Gross Profit Get a 7-Day Free Trial 1.07 1.15 1.13 0.76 0.88

Competitive Comparison of VS Media Holdings's Gross Profit

For the Advertising Agencies subindustry, VS Media Holdings'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.


VS Media Holdings's Gross Profit Distribution in the Media - Diversified Industry

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

* The bar in red indicates where VS Media Holdings's Gross Profit falls into.



VS Media Holdings Gross Profit Calculation

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

VS Media Holdings's Gross Profit for the fiscal year that ended in Dec. 2023 is calculated as

Gross Profit (A: Dec. 2023 )=Revenue - Cost of Goods Sold
=7.991 - 6.351
=1.64

VS Media Holdings's Gross Profit for the quarter that ended in Dec. 2023 is calculated as

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=4.464 - 3.582
=0.88

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $1.64 Mil.

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

VS Media Holdings'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
=0.88 / 4.464
=19.76 %

* 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.


VS Media Holdings  (NAS:VSME) 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

VS Media Holdings had a gross margin of 19.76% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage


VS Media Holdings Gross Profit Related Terms

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VS Media Holdings (VS Media Holdings) Business Description

Traded in Other Exchanges
N/A
Address
75 Hung To Road, 6th Floor, KOHO, Kwun Tong, Hong Kong, HKG
VS Media Holdings Ltd manages a global network of digital Creators who create and publish content to social media platforms such as YouTube, Facebook, Instagram, and TikTok. Its Creators include influencers, KOLs-Key Opinion Leaders, bloggers, and other content creators who cultivate fanbases on social media platforms. The company's business provides value to two major business stakeholders: Creators and Brands. Its Value to Creators: It empowers and supports Creators by providing them with production facilities, training, and funding to produce quality content. Its Value to Brands: the company bridges the divide between Brands and Creators by helping Brands reach their target audience effectively by advising on content strategy and budget and recommending specific Creators.