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Surgical Science Sweden AB (OSTO:SUS) Gross Profit : kr612.9 Mil (TTM As of Dec. 2023)


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What is Surgical Science Sweden AB Gross Profit?

Surgical Science Sweden AB's gross profit for the three months ended in Dec. 2023 was kr162.4 Mil. Surgical Science Sweden AB's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was kr612.9 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Surgical Science Sweden AB's gross profit for the three months ended in Dec. 2023 was kr162.4 Mil. Surgical Science Sweden AB's Revenue for the three months ended in Dec. 2023 was kr227.3 Mil. Therefore, Surgical Science Sweden AB's Gross Margin % for the quarter that ended in Dec. 2023 was 71.46%.

Surgical Science Sweden AB had a gross margin of 71.46% for the quarter that ended in Dec. 2023 => Durable competitive advantage

During the past 9 years, the highest Gross Margin % of Surgical Science Sweden AB was 113.67%. The lowest was 66.23%. And the median was 82.33%.

Warning Sign:

Surgical Science Sweden AB gross margin has been in long-term decline. The average rate of decline per year is -3.3%.


Surgical Science Sweden AB Gross Profit Historical Data

The historical data trend for Surgical Science Sweden 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.

Surgical Science Sweden AB Gross Profit Chart

Surgical Science Sweden AB Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial Premium Member Only 83.58 88.36 265.94 531.52 612.88

Surgical Science Sweden AB Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 164.25 158.69 146.74 145.03 162.43

Competitive Comparison of Surgical Science Sweden AB's Gross Profit

For the Health Information Services subindustry, Surgical Science Sweden 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.


Surgical Science Sweden AB's Gross Profit Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Surgical Science Sweden AB's Gross Profit distribution charts can be found below:

* The bar in red indicates where Surgical Science Sweden AB's Gross Profit falls into.



Surgical Science Sweden AB Gross Profit Calculation

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

Surgical Science Sweden 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
=882.853 - 269.974
=612.9

Surgical Science Sweden 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
=227.292 - 64.863
=162.4

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was kr612.9 Mil.

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

Surgical Science Sweden 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
=162.4 / 227.292
=71.46 %

* 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.


Surgical Science Sweden AB  (OSTO:SUS) 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

Surgical Science Sweden AB had a gross margin of 71.46% for the quarter that ended in Dec. 2023 => Durable competitive advantage


Surgical Science Sweden AB Gross Profit Related Terms

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Surgical Science Sweden AB (OSTO:SUS) Business Description

Traded in Other Exchanges
Address
Drakegatan 7A, Gothenburg, SWE, SE-412 50
Surgical Science Sweden AB is a supplier of virtual reality simulators for medical training. The company's core is its proprietary software and hardware for simulating interactions between instruments and anatomy. It has two operating segments; Educational products include Proprietary brand medical simulator hardware and software for generic training of psycho-motor skills, instrument handling, and training for a large number of procedures and examinations, prior to entering the clinical environment and also support and services, and Industry/OEM includes simulation software for product-specific training of surgeons in robot-assisted surgery and other digitalized medical instruments and also simulators for medical device companies.

Surgical Science Sweden AB (OSTO:SUS) Headlines

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