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Xbrane Biopharma AB (OSTO:XBRANE) Gross Profit : kr29.5 Mil (TTM As of Mar. 2024)


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What is Xbrane Biopharma AB Gross Profit?

Xbrane Biopharma AB's gross profit for the three months ended in Mar. 2024 was kr9.3 Mil. Xbrane Biopharma AB's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was kr29.5 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Xbrane Biopharma AB's gross profit for the three months ended in Mar. 2024 was kr9.3 Mil. Xbrane Biopharma AB's Revenue for the three months ended in Mar. 2024 was kr14.1 Mil. Therefore, Xbrane Biopharma AB's Gross Margin % for the quarter that ended in Mar. 2024 was 66.07%.

Xbrane Biopharma AB had a gross margin of 66.07% for the quarter that ended in Mar. 2024 => Durable competitive advantage

During the past 11 years, the highest Gross Margin % of Xbrane Biopharma AB was 99.86%. The lowest was -2945.17%. And the median was 33.71%.


Xbrane Biopharma AB Gross Profit Historical Data

The historical data trend for Xbrane Biopharma 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.

Xbrane Biopharma AB Gross Profit Chart

Xbrane Biopharma AB Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only -17.67 7.09 10.71 57.62 35.39

Xbrane Biopharma AB Quarterly Data
Jun19 Sep19 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 Premium Member Only Premium Member Only 15.25 11.75 4.15 4.24 9.32

Competitive Comparison of Xbrane Biopharma AB's Gross Profit

For the Biotechnology subindustry, Xbrane Biopharma 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.


Xbrane Biopharma AB's Gross Profit Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Xbrane Biopharma AB's Gross Profit distribution charts can be found below:

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



Xbrane Biopharma AB Gross Profit Calculation

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

Xbrane Biopharma 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
=238.8 - 203.412
=35.4

Xbrane Biopharma 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
=14.1 - 4.784
=9.3

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 kr29.5 Mil.

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

Xbrane Biopharma 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
=9.3 / 14.1
=66.07 %

* 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.


Xbrane Biopharma AB  (OSTO:XBRANE) 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

Xbrane Biopharma AB had a gross margin of 66.07% for the quarter that ended in Mar. 2024 => Durable competitive advantage


Xbrane Biopharma AB Gross Profit Related Terms

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Xbrane Biopharma AB (OSTO:XBRANE) Business Description

Traded in Other Exchanges
Address
Retzius vag 8, Solna, SWE, 171 65
Xbrane Biopharma AB is a biotechnology company that develops biosimilars. The company has a patented protein production platform with up to 12 times greater productivity than standard systems for the production of proteins in E.coli host cells. Xbrane's leading product candidate is Ximluci, a ranibizumab biosimilar (original drug Lucentis) used in the treatment of various eye diseases, mainly the wet form of age-related macular degeneration. The company's geographical segments include the Middle East, Asia, Europe, and the United States.

Xbrane Biopharma AB (OSTO:XBRANE) Headlines

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