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AAC Clyde Space AB (OSTO:AAC) Gross Margin % : 68.59% (As of Dec. 2023)


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What is AAC Clyde Space AB Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. AAC Clyde Space AB's Gross Profit for the three months ended in Dec. 2023 was kr48.5 Mil. AAC Clyde Space AB's Revenue for the three months ended in Dec. 2023 was kr70.7 Mil. Therefore, AAC Clyde Space AB's Gross Margin % for the quarter that ended in Dec. 2023 was 68.59%.


The historical rank and industry rank for AAC Clyde Space AB's Gross Margin % or its related term are showing as below:

OSTO:AAC' s Gross Margin % Range Over the Past 10 Years
Min: 57.38   Med: 69.24   Max: 100.24
Current: 72.65


During the past 10 years, the highest Gross Margin % of AAC Clyde Space AB was 100.24%. The lowest was 57.38%. And the median was 69.24%.

OSTO:AAC's Gross Margin % is ranked better than
97.64% of 297 companies
in the Aerospace & Defense industry
Industry Median: 26.1 vs OSTO:AAC: 72.65

AAC Clyde Space AB had a gross margin of 68.59% for the quarter that ended in Dec. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for AAC Clyde Space AB was 3.20% per year.


AAC Clyde Space AB Gross Margin % Historical Data

The historical data trend for AAC Clyde Space AB'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.

AAC Clyde Space AB Gross Margin % Chart

AAC Clyde Space AB Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 63.17 57.38 61.32 68.98 72.65

AAC Clyde Space AB Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Gross Margin % 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 53.83 68.71 64.39 94.13 68.59

Competitive Comparison of AAC Clyde Space AB's Gross Margin %

For the Aerospace & Defense subindustry, AAC Clyde Space AB'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.


AAC Clyde Space AB's Gross Margin % Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, AAC Clyde Space AB's Gross Margin % distribution charts can be found below:

* The bar in red indicates where AAC Clyde Space AB's Gross Margin % falls into.



AAC Clyde Space AB Gross Margin % Calculation

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

AAC Clyde Space AB'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 )
=200.9 / 276.605
=(Revenue - Cost of Goods Sold) / Revenue
=(276.605 - 75.656) / 276.605
=72.65 %

AAC Clyde Space AB'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 )
=48.5 / 70.673
=(Revenue - Cost of Goods Sold) / Revenue
=(70.673 - 22.201) / 70.673
=68.59 %

* 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.


AAC Clyde Space AB  (OSTO:AAC) 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

AAC Clyde Space AB had a gross margin of 68.59% 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.


AAC Clyde Space AB Gross Margin % Related Terms

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AAC Clyde Space AB (OSTO:AAC) Business Description

Traded in Other Exchanges
Address
Dag Hammarskjolds vag 48, Uppsala Science Park, Uppsala, SWE, SE-751 83
AAC Clyde Space AB is engaged in advanced nanosatellite spacecraft, mission services, and reliable subsystems. The group has six reportable segments: AAC Clyde Space (Swedish operation); Clyde Space (Scottish operation); Hyperion Space (Netherland operation); SpaceQuest, operations in the US; Omnisys Instruments, operations in Gothenburg, Sweden; and AAC Space Africa, operations in South Africa. Its geographical segments are Sweden, the United Kingdom, the Rest of Europe, the United States, Asia, and the Rest of the world.