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Luxbright AB (OSTO:LXB) Gross Profit : kr-2.80 Mil (TTM As of Dec. 2023)


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What is Luxbright AB Gross Profit?

Luxbright AB's gross profit for the six months ended in Dec. 2023 was kr-1.62 Mil. Luxbright AB's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was kr-2.80 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Luxbright AB's gross profit for the six months ended in Dec. 2023 was kr-1.62 Mil. Luxbright AB's Revenue for the six months ended in Dec. 2023 was kr0.86 Mil. Therefore, Luxbright AB's Gross Margin % for the quarter that ended in Dec. 2023 was -189.59%.

Luxbright AB had a gross margin of -189.59% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

During the past 6 years, the highest Gross Margin % of Luxbright AB was 309.23%. The lowest was -327.14%. And the median was 256.35%.


Luxbright AB Gross Profit Historical Data

The historical data trend for Luxbright 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.

Luxbright AB Gross Profit Chart

Luxbright AB Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial 2.18 1.57 1.25 -0.33 -2.80

Luxbright AB Semi-Annual Data
Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Gross Profit Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 0.88 -0.60 0.27 -1.18 -1.62

Competitive Comparison of Luxbright AB's Gross Profit

For the Medical Devices subindustry, Luxbright 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.


Luxbright AB's Gross Profit Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Luxbright AB's Gross Profit distribution charts can be found below:

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



Luxbright AB Gross Profit Calculation

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

Luxbright 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
=0.855 - 3.652
=-2.80

Luxbright AB's Gross Profit for the quarter that ended in Dec. 2023 is calculated as

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=0.855 - 2.476
=-1.62

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was kr-2.80 Mil.

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

Luxbright 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 )
=(Revenue - Cost of Goods Sold) / Revenue
=-1.62 / 0.855
=-189.59 %

* 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.


Luxbright AB  (OSTO:LXB) 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

Luxbright AB had a gross margin of -189.59% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage


Luxbright AB Gross Profit Related Terms

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Luxbright AB (OSTO:LXB) Business Description

Traded in Other Exchanges
Address
Arvid Wallgrens backe 20, Gothenburg, SWE, 41346
Luxbright AB is a technology company focusing on developing and commercializing a new generation of X-ray tubes. The company offers innovative X-ray tubes, generators, and future X-ray systems to international system suppliers in order to improve and protect lives by enabling higher resolution X-ray images. The X-ray tubes are a powerful, stable, and cost-effective alternative to conventional X-ray tubes.

Luxbright AB (OSTO:LXB) Headlines

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