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Ekobot AB (OSTO:EKOBOT) Gross Profit : kr0.34 Mil (TTM As of Mar. 2024)


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What is Ekobot AB Gross Profit?

Ekobot AB's gross profit for the three months ended in Mar. 2024 was kr0.00 Mil. Ekobot AB's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was kr0.34 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Ekobot AB's gross profit for the three months ended in Mar. 2024 was kr0.00 Mil. Ekobot AB's Revenue for the three months ended in Mar. 2024 was kr0.00 Mil. Therefore, Ekobot AB's Gross Margin % for the quarter that ended in Mar. 2024 was N/A%.

Ekobot AB had a gross margin of N/A% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage


Ekobot AB Gross Profit Historical Data

The historical data trend for Ekobot AB's Gross Profit 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.

Ekobot AB Gross Profit Chart

Ekobot AB Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
- - - 0.21 0.42

Ekobot AB Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Gross Profit 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 0.08 0.19 0.15 0.01 -

Competitive Comparison of Ekobot AB's Gross Profit

For the Farm & Heavy Construction Machinery subindustry, Ekobot AB'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.


Ekobot AB's Gross Profit Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Ekobot AB's Gross Profit distribution charts can be found below:

* The bar in red indicates where Ekobot AB's Gross Profit falls into.



Ekobot AB Gross Profit Calculation

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

Ekobot AB's Gross Profit for the fiscal year that ended in Dec. 2023 is calculated as

Gross Profit (A: Dec. 2023 )=Revenue - Cost of Goods Sold
=0.416 - 0
=0.42

Ekobot AB's Gross Profit for the quarter that ended in Mar. 2024 is calculated as

Gross Profit (Q: Mar. 2024 )=Revenue - Cost of Goods Sold
=0 - 0
=0.00

Gross Profit for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was kr0.34 Mil.

Gross Profit is the numerator in the calculation of Gross Margin. (Note that if there's no value for Cost of Goods Sold, then Gross Margin % is not calculated.)

Ekobot AB's Gross Margin % for the quarter that ended in Mar. 2024 is calculated as

Gross Margin % (Q: Mar. 2024 )=Gross Profit (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=0.00 / 0
=N/A %

* 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.


Ekobot AB  (OSTO:EKOBOT) 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

Ekobot AB had a gross margin of N/A% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage


Ekobot AB Gross Profit Related Terms

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Ekobot AB (OSTO:EKOBOT) Business Description

Traded in Other Exchanges
Address
Slakterigatan 10, Vasteras, SWE, 721 32
Ekobot AB is an agriculture research company engaged in developing, manufacturing, and selling autonomous agricultural robots that enable efficient precision farming where weed management takes place without or with minimal use of herbicides. It has focused on providing the agricultural sector with a long-term sustainable alternative for reducing chemical spraying in crops for human consumption.

Ekobot AB (OSTO:EKOBOT) Headlines

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