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Render Cube (WAR:RND) Gross Profit : zł11.87 Mil (TTM As of Sep. 2023)


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What is Render Cube Gross Profit?

Render Cube's gross profit for the three months ended in Sep. 2023 was zł3.79 Mil. Render Cube's gross profit for the trailing twelve months (TTM) ended in Sep. 2023 was zł11.87 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Render Cube's gross profit for the three months ended in Sep. 2023 was zł3.79 Mil. Render Cube's Revenue for the three months ended in Sep. 2023 was zł4.15 Mil. Therefore, Render Cube's Gross Margin % for the quarter that ended in Sep. 2023 was 91.21%.

Render Cube had a gross margin of 91.21% for the quarter that ended in Sep. 2023 => Durable competitive advantage

During the past 4 years, the highest Gross Margin % of Render Cube was 88.76%. The lowest was 27.37%. And the median was 82.93%.


Render Cube Gross Profit Historical Data

The historical data trend for Render Cube'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.

Render Cube Gross Profit Chart

Render Cube Annual Data
Trend Dec19 Dec20 Dec21 Dec22
Gross Profit
0.25 6.42 11.89 11.14

Render Cube Quarterly Data
Dec19 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 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 1.33 5.78 0.71 1.60 3.79

Competitive Comparison of Render Cube's Gross Profit

For the Electronic Gaming & Multimedia subindustry, Render Cube'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.


Render Cube's Gross Profit Distribution in the Interactive Media Industry

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

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



Render Cube Gross Profit Calculation

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

Render Cube's Gross Profit for the fiscal year that ended in Dec. 2022 is calculated as

Gross Profit (A: Dec. 2022 )=Revenue - Cost of Goods Sold
=13.943 - 2.807
=11.14

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

Gross Profit (Q: Sep. 2023 )=Revenue - Cost of Goods Sold
=4.154 - 0.365
=3.79

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 zł11.87 Mil.

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

Render Cube'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
=3.79 / 4.154
=91.21 %

* 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.


Render Cube  (WAR:RND) 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

Render Cube had a gross margin of 91.21% for the quarter that ended in Sep. 2023 => Durable competitive advantage


Render Cube Gross Profit Related Terms

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Render Cube (WAR:RND) Business Description

Traded in Other Exchanges
Address
Piotrkowska 295 Lok. 7, Lodz, POL, 93-004
Render Cube SA is engaged in the development of video games. The company is focused on offering a game named Medieval Dynasty.

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