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MiX Telematics Limited MIXT

Quarterly report 2023-Q4
added 02-09-2024

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MiX Telematics Limited Gross Profit 2011-2026 | MIXT

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 MiX Telematics Limited

2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011
90.9 M 91.4 M 83 M 92.6 M 91 M 95 M 77.4 M 68.6 M 77.4 M 80.1 M 80.8 M 81.8 M 80 M

All numbers in USD currency

Indicator range from annual reports

Maximum Minimum Average
95 M 68.6 M 83.9 M

Quarterly Gross Profit MiX Telematics Limited

2023-Q4 2023-Q3 2023-Q2 2023-Q1 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
23.5 M 23.3 M 23.1 M - 24.3 M 22.1 M 21.7 M - 22.5 M 68.3 M 45.8 M - 21.3 M 21.3 M 18.9 M - 23.5 M 24.2 M 48.3 M - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

All numbers in USD currency

Indicator range from quarterly reporting

Maximum Minimum Average
68.3 M 18.9 M 28.8 M

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244 M $ 2.84 - $ 102 M usaUSA
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Dynatrace Dynatrace
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Datasea Datasea
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474 K $ 0.88 -4.24 % $ 2.29 M chinaChina
Eventbrite Eventbrite
EB
227 M $ 4.51 1.58 % $ 420 M usaUSA
Euronet Worldwide Euronet Worldwide
EEFT
1.19 B $ 66.28 - $ 2.77 B usaUSA
8x8 8x8
EGHT
485 M $ 1.77 - $ 230 M usaUSA
Net Element, Inc. Net Element, Inc.
NETE
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EVERTEC EVERTEC
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274 M $ 28.14 - $ 1.79 B puerto-ricoPuerto-rico
Alarm.com Holdings Alarm.com Holdings
ALRM
319 M $ 44.19 - $ 2.2 B usaUSA
BlackBerry Limited BlackBerry Limited
BB
395 M $ 3.55 - $ 2.1 B canadaCanada
F5 Networks F5 Networks
FFIV
2.51 B $ 307.64 - $ 17.8 B usaUSA
Five9 Five9
FIVN
112 M $ 15.17 - $ 1.07 B usaUSA
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541 M - - $ 9.4 B usaUSA
Future FinTech Group Future FinTech Group
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408 K $ 1.16 - $ 2.31 M chinaChina
Fortinet Fortinet
FTNT
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Grid Dynamics Holdings Grid Dynamics Holdings
GDYN
142 M $ 5.69 - $ 481 M usaUSA
Proofpoint, Inc. Proofpoint, Inc.
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775 M - - $ 10.1 B usaUSA
American Software American Software
AMSWA
66.4 M - -2.14 % $ 369 M usaUSA
Agora Agora
API
85.4 M $ 3.69 0.82 % $ 1.38 B chinaChina
ANSYS ANSYS
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2.26 B - - $ 32.7 B usaUSA
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39.3 B $ 246.74 - $ 230 B usaUSA
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INTZ
5.38 M $ 0.87 - $ 17.2 M usaUSA
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