OptiBiotix Health (FRA:OB3) Gross Profit : €0.39 Mil (TTM As of Jun. 2023)

OptiBiotix Health Gross Profit Chart

OptiBiotix Health Annual Data
	Trend	Jul10	Jul12	Nov14	Nov15	Nov16	Nov17	Nov18	Dec20	Dec21	Dec22
Gross Profit		Get a 7-Day Free Trial					0.13	0.40	0.97	1.32	0.28

OptiBiotix Health Semi-Annual Data
	Jul12	Jan13	May14	Nov14	May15	Nov15	May16	Nov16	May17	Nov17	May18	Nov18	May19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Gross Profit	Get a 7-Day Free Trial															0.55	0.76	0.07	0.21	0.18

Competitive Comparison of OptiBiotix Health's Gross Profit

For the Biotechnology subindustry, OptiBiotix Health's Gross Profit, along with its competitors' market caps and Gross Profit 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.

OptiBiotix Health's Gross Profit Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, OptiBiotix Health's Gross Profit distribution charts can be found below:

* The bar in red indicates where OptiBiotix Health's Gross Profit falls into.

OptiBiotix Health Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

OptiBiotix Health's Gross Profit for the fiscal year that ended in Dec. 2022 is calculated as

OptiBiotix Health's Gross Profit for the quarter that ended in Jun. 2023 is calculated as

Gross Profit for the trailing twelve months (TTM) ended in Jun. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was €0.39 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

OptiBiotix Health's Gross Margin % for the quarter that ended in Jun. 2023 is calculated as

* 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.

OptiBiotix Health  (FRA:OB3) Gross Profit 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

OptiBiotix Health had a gross margin of 44.99% for the quarter that ended in Jun. 2023 => Durable competitive advantage

OptiBiotix Health Gross Profit Related Terms

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OptiBiotix Health (FRA:OB3) Business Description