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Meyer Burger Technology AG (Meyer Burger Technology AG) Gross Profit : $-14.0 Mil (TTM As of Dec. 2023)


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What is Meyer Burger Technology AG Gross Profit?

Meyer Burger Technology AG's gross profit for the six months ended in Dec. 2023 was $-50.4 Mil. Meyer Burger Technology AG's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was $-14.0 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Meyer Burger Technology AG's gross profit for the six months ended in Dec. 2023 was $-50.4 Mil. Meyer Burger Technology AG's Revenue for the six months ended in Dec. 2023 was $44.1 Mil. Therefore, Meyer Burger Technology AG's Gross Margin % for the quarter that ended in Dec. 2023 was -114.13%.

Meyer Burger Technology AG had a gross margin of -114.13% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

During the past 13 years, the highest Gross Margin % of Meyer Burger Technology AG was 66.77%. The lowest was -8.01%. And the median was 43.64%.


Meyer Burger Technology AG Gross Profit Historical Data

The historical data trend for Meyer Burger Technology AG'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.

Meyer Burger Technology AG Gross Profit Chart

Meyer Burger Technology AG 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 90.66 25.14 28.93 69.80 -12.51

Meyer Burger Technology AG Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 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 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 15.53 25.05 43.72 36.37 -50.38

Competitive Comparison of Meyer Burger Technology AG's Gross Profit

For the Solar subindustry, Meyer Burger Technology AG'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.


Meyer Burger Technology AG's Gross Profit Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Meyer Burger Technology AG's Gross Profit distribution charts can be found below:

* The bar in red indicates where Meyer Burger Technology AG's Gross Profit falls into.



Meyer Burger Technology AG Gross Profit Calculation

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

Meyer Burger Technology AG'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
=156.146 - 168.651
=-12.5

Meyer Burger Technology AG's Gross Profit for the quarter that ended in Dec. 2023 is calculated as

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=44.141 - 94.517
=-50.4

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 $-14.0 Mil.

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

Meyer Burger Technology AG'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
=-50.4 / 44.141
=-114.13 %

* 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.


Meyer Burger Technology AG  (OTCPK:MYBRF) 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

Meyer Burger Technology AG had a gross margin of -114.13% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage


Meyer Burger Technology AG Gross Profit Related Terms

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Meyer Burger Technology AG (Meyer Burger Technology AG) Business Description

Traded in Other Exchanges
Address
Schorenstrasse 39, Gwatt (Thun), CHE, CH-3645
Meyer Burger Technology AG operates in the technology sector of Switzerland. Its business involves building equipment to produce solar cells, modules, and systems. Meyer's activities are divided into reportable segments, Photovoltaics, Specialized Technologies, Cells, and Modules. With its main focus on providing equipment for the solar industry, its proceeds come from the Photovoltaics segment. It covers the entire photovoltaic value chain comprising the processes involved in the conversion of sunlight into solar energy. In addition, the company also serves other markets such as optoelectronics and semiconductors, which are a part of its Specialized Technologies segment. Meyer sells its products world wide and derives a majority of its revenue from its Asian market.

Meyer Burger Technology AG (Meyer Burger Technology AG) Headlines