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Time Out Group (FRA:05T) Gross Profit : €75.8 Mil (TTM As of Jun. 2024)


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What is Time Out Group Gross Profit?

Time Out Group's gross profit for the six months ended in Jun. 2024 was €37.7 Mil. Time Out Group's gross profit for the trailing twelve months (TTM) ended in Jun. 2024 was €75.8 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Time Out Group's gross profit for the six months ended in Jun. 2024 was €37.7 Mil. Time Out Group's Revenue for the six months ended in Jun. 2024 was €59.8 Mil. Therefore, Time Out Group's Gross Margin % for the quarter that ended in Jun. 2024 was 63.09%.

Time Out Group had a gross margin of 63.09% for the quarter that ended in Jun. 2024 => Durable competitive advantage

During the past 11 years, the highest Gross Margin % of Time Out Group was 65.70%. The lowest was 54.53%. And the median was 60.19%.


Time Out Group Gross Profit Historical Data

The historical data trend for Time Out 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.

* Premium members only.

Time Out Group Gross Profit Chart

Time Out Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Jun21 Jun22 Jun23 Jun24
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 54.76 - 51.94 72.13 76.51

Time Out Group Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 29.00 36.51 35.12 38.08 37.73

Competitive Comparison of Time Out Group's Gross Profit

For the Entertainment subindustry, Time Out 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.


Time Out Group's Gross Profit Distribution in the Media - Diversified Industry

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

* The bar in red indicates where Time Out Group's Gross Profit falls into.



Time Out Group Gross Profit Calculation

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

Time Out Group's Gross Profit for the fiscal year that ended in Jun. 2024 is calculated as

Gross Profit (A: Jun. 2024 )=Revenue - Cost of Goods Sold
=121.872 - 45.367
=76.5

Time Out Group's Gross Profit for the quarter that ended in Jun. 2024 is calculated as

Gross Profit (Q: Jun. 2024 )=Revenue - Cost of Goods Sold
=59.809 - 22.076
=37.7

Gross Profit for the trailing twelve months (TTM) ended in Jun. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was €75.8 Mil.

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

Time Out Group's Gross Margin % for the quarter that ended in Jun. 2024 is calculated as

Gross Margin % (Q: Jun. 2024 )=Gross Profit (Q: Jun. 2024 ) / Revenue (Q: Jun. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=37.7 / 59.809
=63.09 %

* 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.


Time Out Group  (FRA:05T) 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

Time Out Group had a gross margin of 63.09% for the quarter that ended in Jun. 2024 => Durable competitive advantage


Time Out Group Gross Profit Related Terms

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Time Out Group Business Description

Comparable Companies
Traded in Other Exchanges
Address
172 Drury Lane, First Floor, London, GBR, WC2B 5QR
Time Out Group PLC is a media and entertainment company. It helps people discover, book, and share what the world's cities have to offer. The company provides content about food, drink, entertainment, film, music, attractions, art, culture, shopping, nightlife, hotels, and travel. It operates in two divisions namely Time Out Media and Time Out Market. Time Out Media includes digital and print advertising, marketing solutions, live events tickets, and sponsorship, commissions generated by e-commerce transactions, and fees from the franchise partners while Time Out Market includes concessionaires' sales, Time Out operated bars, and retail, events, and sponsorship. Its geographical segments include Europe, North America, and the Rest of the World.

Time Out Group Headlines

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