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Evolving Systems EVOL

Quarterly report 2022-Q3
added 11-09-2022

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Evolving Systems Gross Profit 2011-2026 | EVOL

Gross profit is a key indicator of how efficiently a company produces or sells its products. This metric helps assess a business’s ability to generate revenue at the initial stage, before accounting for all other expenses. Regular analysis of gross profit allows companies to respond in a timely manner to changes in cost of goods, pricing strategy, and market conditions.

Calculation formula:
Gross Profit = Revenue – Cost of Goods Sold (COGS)

Revenue — all cash inflows from the sale of goods or services.
Cost of Goods Sold — direct costs related to the production or acquisition of goods:
  • Raw materials and supplies
  • Wages of production personnel
  • Depreciation of equipment
  • Transportation and warehousing costs (if directly related to production)
Importance for business:
  • Assessing core business profitability
    If gross profit is declining, it may indicate rising production costs or falling sales.
  • Financial planning
    Gross profit is the basis for calculating other key metrics, such as operating and net profit.
  • Benchmarking against competitors
    Gross profit analysis helps compare the efficiency of different companies within the same industry.
  • Insights into pricing effectiveness
    If gross profit is low, the company may be pricing too low or failing to control costs effectively.
Reasons for a decline in gross profit:
  • Increase in raw material and supply costs
  • Rising production expenses
  • Price reductions due to competition
  • Decrease in sales volume
  • Currency exchange rate fluctuations (for imports/exports)

Gross profit is an important metric, but it does not provide a complete picture of a company’s financial health, as it does not account for administrative and selling expenses, taxes, debt burden, or depreciation.

Annual Gross Profit Evolving Systems

2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011
- 17.5 M 17.1 M 20.3 M 20.1 M 19.5 M 19.1 M 22 M 17.9 M 18 M 11.6 M

All numbers in USD currency

Indicator range from annual reports

Maximum Minimum Average
22 M 11.6 M 18.3 M

Quarterly Gross Profit Evolving Systems

2022-Q4 2022-Q3 2022-Q2 2022-Q1 2021-Q4 2021-Q3 2021-Q2 2021-Q1 2020-Q4 2020-Q3 2020-Q2 2020-Q1 2019-Q4 2019-Q3 2019-Q2 2019-Q1 2018-Q4 2018-Q3 2018-Q2 2018-Q1 2017-Q4 2017-Q3 2017-Q2 2017-Q1 2016-Q4 2016-Q3 2016-Q2 2016-Q1 2015-Q4 2015-Q3 2015-Q2 2015-Q1 2014-Q4 2014-Q3 2014-Q2 2014-Q1 2013-Q4 2013-Q3 2013-Q2 2013-Q1 2012-Q4 2012-Q3 2012-Q2 2012-Q1 2011-Q4 2011-Q3 2011-Q2 2011-Q1
- - - - - - - - - - - - - - - - - - - - - - - - - 4.84 M 4.82 M 5.03 M - 4.33 M 4.55 M 5.05 M - 5.6 M 5.94 M 4.68 M - 4.47 M 4.08 M 4.82 M 1.76 M 1.68 M 1.57 M 575 K -636 K -517 K -1.19 M -427 K

All numbers in USD currency

Indicator range from quarterly reporting

Maximum Minimum Average
5.94 M -1.19 M 3.05 M

Gross Profit of other stocks in the Software industry

Issuer Gross Profit Price % 24h Market Cap Country
ANSYS ANSYS
ANSS
2.26 B - - $ 32.7 B usaUSA
FireEye, Inc. FireEye, Inc.
FEYE
607 M - -3.41 % $ 4.13 B usaUSA
Rimini Street Rimini Street
RMNI
255 M $ 3.13 -2.49 % $ 287 M usaUSA
RingCentral RingCentral
RNG
1.54 B $ 35.29 -5.94 % $ 3.35 B usaUSA
Open Text Corporation Open Text Corporation
OTEX
3.73 B $ 21.37 -3.96 % $ 5.63 B canadaCanada
Powerbridge Technologies Co., Ltd. Powerbridge Technologies Co., Ltd.
PBTS
4.62 M - 2.4 % $ 115 M chinaChina
Rackspace Technology Rackspace Technology
RXT
506 M $ 1.08 -7.33 % $ 258 M usaUSA
SAP SE SAP SE
SAP
26.8 B $ 164.66 -1.45 % $ 160 B germanyGermany
CDK Global CDK Global
CDK
199 M - 0.06 % $ 6.34 B usaUSA
Adobe Adobe
ADBE
21.2 B $ 235.27 -2.33 % $ 100 B usaUSA
Sapiens International Corporation N.V. Sapiens International Corporation N.V.
SPNS
238 M - - $ 2.43 B curacaoCuracao
Shopify Shopify
SHOP
5.56 B $ 111.43 -3.47 % $ 145 B canadaCanada
Aspen Technology Aspen Technology
AZPN
745 M - - $ 16.8 B usaUSA
Akamai Technologies Akamai Technologies
AKAM
1.91 B $ 112.64 -3.93 % $ 16.4 B usaUSA
Smith Micro Software Smith Micro Software
SMSI
12.9 M $ 0.75 -5.18 % $ 15.5 M usaUSA
Synopsys Synopsys
SNPS
4.62 B $ 381.71 -5.04 % $ 58.1 B usaUSA
BigCommerce Holdings BigCommerce Holdings
BIGC
270 M - - $ 371 M usaUSA
Black Knight Black Knight
BKI
531 M - -0.02 % $ 11.7 B usaUSA
Guidewire Software Guidewire Software
GWRE
752 M $ 145.14 -4.1 % $ 12.2 B usaUSA
SOS Limited SOS Limited
SOS
7.04 M $ 0.99 -3.43 % $ 451 M chinaChina
Net Element, Inc. Net Element, Inc.
NETE
9.84 M - 8.63 % $ 83.8 M usaUSA
E2open Parent Holdings E2open Parent Holdings
ETWO
300 M - - $ 1.02 B usaUSA
SPS Commerce SPS Commerce
SPSC
520 M $ 54.59 -0.93 % $ 2.07 B usaUSA
Sprout Social Sprout Social
SPT
194 M $ 5.58 -2.79 % $ 332 M usaUSA
SS&C Technologies Holdings SS&C Technologies Holdings
SSNC
2.86 B $ 65.72 -2.14 % $ 16.2 B usaUSA
ShotSpotter ShotSpotter
SSTI
57.9 M $ 6.38 -3.63 % $ 81.1 M usaUSA
Agora Agora
API
85.4 M $ 3.42 -1.01 % $ 1.28 B chinaChina
Taoping Taoping
TAOP
7.77 M $ 1.38 -6.12 % $ 8.81 M chinaChina
Altair Engineering Altair Engineering
ALTR
541 M - - $ 9.4 B usaUSA
Tucows Tucows
TCX
94 M $ 15.66 -4.13 % $ 173 M canadaCanada
Proofpoint, Inc. Proofpoint, Inc.
PFPT
775 M - - $ 10.1 B usaUSA
Tenable Holdings Tenable Holdings
TENB
780 M $ 16.55 -9.54 % $ 1.99 B usaUSA
American Software American Software
AMSWA
66.4 M - -2.14 % $ 369 M usaUSA
Zix Corporation Zix Corporation
ZIXI
106 M - 0.12 % $ 482 M usaUSA
Inpixon Inpixon
INPX
1.89 M - 8787.02 % $ 12.3 M usaUSA
The Trade Desk The Trade Desk
TTD
505 M $ 21.35 -1.82 % $ 10.4 B usaUSA
CyberArk Software Ltd. CyberArk Software Ltd.
CYBR
792 M - - $ 18.1 B israelIsrael
Auddia Auddia
AUUD
-535 K $ 0.76 -7.02 % $ 1.04 M usaUSA
GreenBox POS GreenBox POS
GBOX
22.4 M - 5.45 % $ 43.6 M usaUSA
Cadence Design Systems Cadence Design Systems
CDNS
2.07 B $ 274.38 -2.22 % $ 74.4 B usaUSA
Avalara Avalara
AVLR
493 M - - $ 8.28 B usaUSA
Tyler Technologies Tyler Technologies
TYL
1.08 B $ 335.51 -1.63 % $ 14.5 B usaUSA
Avaya Holdings Corp. Avaya Holdings Corp.
AVYA
1.17 B - - $ 3.47 M usaUSA
Unity Software Unity Software
U
1.37 B $ 18.59 8.52 % $ 7.82 B usaUSA
Uber Technologies Uber Technologies
UBER
4.64 B $ 69.16 -1.97 % $ 144 B usaUSA
CYREN Ltd. CYREN Ltd.
CYRN
15.9 M - -18.15 % $ 1.77 M usaUSA
Aware Aware
AWRE
10.5 M $ 1.27 -6.62 % $ 26.9 M usaUSA
Cheetah Mobile Cheetah Mobile
CMCM
527 M $ 5.95 -2.38 % $ 8.51 B -
Cloudera, Inc. Cloudera, Inc.
CLDR
562 M - 0.06 % $ 4.74 B canadaCanada