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Bavarian Nordic A/S (Bavarian Nordic A/S) Gross Profit : $668 Mil (TTM As of Dec. 2023)


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What is Bavarian Nordic A/S Gross Profit?

Bavarian Nordic A/S's gross profit for the three months ended in Dec. 2023 was $236 Mil. Bavarian Nordic A/S's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was $668 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Bavarian Nordic A/S's gross profit for the three months ended in Dec. 2023 was $236 Mil. Bavarian Nordic A/S's Revenue for the three months ended in Dec. 2023 was $358 Mil. Therefore, Bavarian Nordic A/S's Gross Margin % for the quarter that ended in Dec. 2023 was 65.97%.

Bavarian Nordic A/S had a gross margin of 65.97% for the quarter that ended in Dec. 2023 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of Bavarian Nordic A/S was 78.79%. The lowest was 30.05%. And the median was 56.65%.


Bavarian Nordic A/S Gross Profit Historical Data

The historical data trend for Bavarian Nordic A/S'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.

Bavarian Nordic A/S Gross Profit Chart

Bavarian Nordic A/S 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 45.77 107.48 86.66 242.25 673.47

Bavarian Nordic A/S 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 135.01 118.47 189.60 123.36 236.21

Competitive Comparison of Bavarian Nordic A/S's Gross Profit

For the Biotechnology subindustry, Bavarian Nordic A/S'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.


Bavarian Nordic A/S's Gross Profit Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Bavarian Nordic A/S's Gross Profit distribution charts can be found below:

* The bar in red indicates where Bavarian Nordic A/S's Gross Profit falls into.



Bavarian Nordic A/S Gross Profit Calculation

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

Bavarian Nordic A/S'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
=1033.291 - 359.819
=673

Bavarian Nordic A/S's Gross Profit for the quarter that ended in Dec. 2023 is calculated as

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=358.059 - 121.847
=236

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 $668 Mil.

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

Bavarian Nordic A/S'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
=236 / 358.059
=65.97 %

* 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.


Bavarian Nordic A/S  (OTCPK:BVNRY) 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

Bavarian Nordic A/S had a gross margin of 65.97% for the quarter that ended in Dec. 2023 => Durable competitive advantage


Bavarian Nordic A/S Gross Profit Related Terms

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Bavarian Nordic A/S (Bavarian Nordic A/S) Business Description

Traded in Other Exchanges
Address
Philip Heymans Alle 3, Hellerup, DNK, DK-2900
Bavarian Nordic A/S is a biotechnology company focused on the development, manufacturing, and commercialization of cancer immunotherapies and vaccines for infectious diseases. The company has a specific focus on diseases for which the unmet medical need is high. Bavarian generates revenue through government research and development and supply contracts, and from its commercial partnerships. The vast majority of the company's revenue is generated in the United States, Germany, and other geographic markets.

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