Relevance Communication Nordic (NGM:RLVNC) Gross Margin % : 41.33% (As of Sep. 2023)

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What is Relevance Communication Nordic Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Relevance Communication Nordic's Gross Profit for the three months ended in Sep. 2023 was kr0.68 Mil. Relevance Communication Nordic's Revenue for the three months ended in Sep. 2023 was kr1.65 Mil. Therefore, Relevance Communication Nordic's Gross Margin % for the quarter that ended in Sep. 2023 was 41.33%.

The historical rank and industry rank for Relevance Communication Nordic's Gross Margin % or its related term are showing as below:

NGM:RLVNC' s Gross Margin % Range Over the Past 10 Years
Min: 29.54 Med: 34.96 Max: 61.77
Current: 47.2

During the past 7 years, the highest Gross Margin % of Relevance Communication Nordic was 61.77%. The lowest was 29.54%. And the median was 34.96%.

NGM:RLVNC's Gross Margin % is ranked better than
64% of 964 companies
in the Media - Diversified industry
Industry Median: 38.555 vs NGM:RLVNC: 47.20

Relevance Communication Nordic had a gross margin of 41.33% for the quarter that ended in Sep. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Relevance Communication Nordic was 10.10% per year.

Relevance Communication Nordic Gross Margin % Historical Data

The historical data trend for Relevance Communication Nordic's Gross Margin % 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.

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Relevance Communication Nordic Gross Margin % Chart

Relevance Communication Nordic Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Gross Margin %

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33.33

29.54

51.48

61.77

42.44

Relevance Communication Nordic Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Gross Margin %	Get a 7-Day Free Trial															32.77	47.98	57.36	41.17	41.33

Competitive Comparison of Relevance Communication Nordic's Gross Margin %

For the Publishing subindustry, Relevance Communication Nordic's Gross Margin %, along with its competitors' market caps and Gross Margin % 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.

Relevance Communication Nordic's Gross Margin % Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Relevance Communication Nordic's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Relevance Communication Nordic's Gross Margin % falls into.

Relevance Communication Nordic Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Relevance Communication Nordic's Gross Margin for the fiscal year that ended in Dec. 2022 is calculated as

Gross Margin % (A: Dec. 2022 )	=	Gross Profit (A: Dec. 2022 )	/	Revenue (A: Dec. 2022 )
	=	4.6	/	10.792
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(10.792 - 6.212)	/	10.792
	=	42.44 %

Relevance Communication Nordic'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 )
	=	0.7	/	1.65
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(1.65 - 0.968)	/	1.65
	=	41.33 %

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.

Relevance Communication Nordic (NGM:RLVNC) Gross Margin % 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

Relevance Communication Nordic had a gross margin of 41.33% for the quarter that ended in Sep. 2023 => Durable competitive advantage

Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.

Relevance Communication Nordic Gross Margin % Related Terms

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Relevance Communication Nordic (NGM:RLVNC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Relevance Communication Nordic (NGM:RLVNC) » Definitions » Gross Margin %

Traded in Other Exchanges

N/A

Address

Sandhamnsgatan 63C, Stockholm, SWE, 115 28

Website

http://www.news55.se

News55 AB is a media company. Its business includes publishing of regional magazines and newspapers. The company also organizes exhibition for seniors and offers products in advertising and print. It has launched the E55.se site, which focuses on news and guidance in finance, savings and pensions.

Relevance Communication Nordic (NGM:RLVNC) Headlines

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