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Aiforia Technologies (OHEL:AIFORIA) Gross Margin % : 85.32% (As of Dec. 2023)


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What is Aiforia Technologies Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Aiforia Technologies's Gross Profit for the six months ended in Dec. 2023 was €1.26 Mil. Aiforia Technologies's Revenue for the six months ended in Dec. 2023 was €1.48 Mil. Therefore, Aiforia Technologies's Gross Margin % for the quarter that ended in Dec. 2023 was 85.32%.


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

OHEL:AIFORIA' s Gross Margin % Range Over the Past 10 Years
Min: 64.51   Med: 80.57   Max: 89.34
Current: 80.57


During the past 6 years, the highest Gross Margin % of Aiforia Technologies was 89.34%. The lowest was 64.51%. And the median was 80.57%.

OHEL:AIFORIA's Gross Margin % is ranked better than
85.55% of 609 companies
in the Healthcare Providers & Services industry
Industry Median: 41.54 vs OHEL:AIFORIA: 80.57

Aiforia Technologies had a gross margin of 85.32% for the quarter that ended in Dec. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Aiforia Technologies was 0.00% per year.


Aiforia Technologies Gross Margin % Historical Data

The historical data trend for Aiforia Technologies'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.

* Premium members only.

Aiforia Technologies Gross Margin % Chart

Aiforia Technologies Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
Get a 7-Day Free Trial - - - 64.51 80.57

Aiforia Technologies Semi-Annual Data
Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Gross Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only 153.65 63.03 65.75 72.93 85.32

Competitive Comparison of Aiforia Technologies's Gross Margin %

For the Health Information Services subindustry, Aiforia Technologies'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.


Aiforia Technologies's Gross Margin % Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Aiforia Technologies's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Aiforia Technologies's Gross Margin % falls into.



Aiforia Technologies Gross Margin % Calculation

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

Aiforia Technologies's Gross Margin for the fiscal year that ended in Dec. 2023 is calculated as

Gross Margin % (A: Dec. 2023 )=Gross Profit (A: Dec. 2023 ) / Revenue (A: Dec. 2023 )
=1.9 / 2.398
=(Revenue - Cost of Goods Sold) / Revenue
=(2.398 - 0.466) / 2.398
=80.57 %

Aiforia Technologies's Gross Margin for the quarter that ended in Dec. 2023 is calculated as


Gross Margin % (Q: Dec. 2023 )=Gross Profit (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=1.3 / 1.478
=(Revenue - Cost of Goods Sold) / Revenue
=(1.478 - 0.217) / 1.478
=85.32 %

* 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.


Aiforia Technologies  (OHEL:AIFORIA) 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

Aiforia Technologies had a gross margin of 85.32% for the quarter that ended in Dec. 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.


Aiforia Technologies Gross Margin % Related Terms

Thank you for viewing the detailed overview of Aiforia Technologies's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Aiforia Technologies (OHEL:AIFORIA) Business Description

Traded in Other Exchanges
Address
Pursimiehenkatu 29-31 D, Helsinki, FIN, FI-00150
Aiforia Technologies PLC equips pathologists and scientists in preclinical and clinical labs with powerful deep learning artificial intelligence software for translating images into discoveries, decisions, and diagnoses. The cloud based Aiforia products and services aim to escalate the efficiency and precision of medical image analysis beyond current capabilities, across a variety of fields from oncology to neuroscience and more.

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