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Avantium NV (XAMS:AVTX) Gross Profit : €15.53 Mil (TTM As of Jun. 2023)


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What is Avantium NV Gross Profit?

Avantium NV's gross profit for the six months ended in Jun. 2023 was €4.93 Mil. Avantium NV's gross profit for the trailing twelve months (TTM) ended in Jun. 2023 was €15.53 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Avantium NV's gross profit for the six months ended in Jun. 2023 was €4.93 Mil. Avantium NV's Revenue for the six months ended in Jun. 2023 was €7.26 Mil. Therefore, Avantium NV's Gross Margin % for the quarter that ended in Jun. 2023 was 67.93%.

Avantium NV had a gross margin of 67.93% for the quarter that ended in Jun. 2023 => Durable competitive advantage

During the past 11 years, the highest Gross Margin % of Avantium NV was 82.79%. The lowest was 31.45%. And the median was 74.89%.


Avantium NV Gross Profit Historical Data

The historical data trend for Avantium NV'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.

Avantium NV Gross Profit Chart

Avantium NV Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.22 10.16 7.52 7.88 14.06

Avantium NV Semi-Annual Data
Dec12 Dec13 Dec14 Dec15 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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 3.54 4.34 3.46 10.60 4.93

Competitive Comparison of Avantium NV's Gross Profit

For the Specialty Chemicals subindustry, Avantium NV'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.


Avantium NV's Gross Profit Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Avantium NV's Gross Profit distribution charts can be found below:

* The bar in red indicates where Avantium NV's Gross Profit falls into.



Avantium NV Gross Profit Calculation

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

Avantium NV's Gross Profit for the fiscal year that ended in Dec. 2022 is calculated as

Gross Profit (A: Dec. 2022 )=Revenue - Cost of Goods Sold
=17.826 - 3.77
=14.06

Avantium NV's Gross Profit for the quarter that ended in Jun. 2023 is calculated as

Gross Profit (Q: Jun. 2023 )=Revenue - Cost of Goods Sold
=7.263 - 2.329
=4.93

Gross Profit for the trailing twelve months (TTM) ended in Jun. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was €15.53 Mil.

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

Avantium NV's Gross Margin % for the quarter that ended in Jun. 2023 is calculated as

Gross Margin % (Q: Jun. 2023 )=Gross Profit (Q: Jun. 2023 ) / Revenue (Q: Jun. 2023 )
=(Revenue - Cost of Goods Sold) / Revenue
=4.93 / 7.263
=67.93 %

* 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.


Avantium NV  (XAMS:AVTX) 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

Avantium NV had a gross margin of 67.93% for the quarter that ended in Jun. 2023 => Durable competitive advantage


Avantium NV Gross Profit Related Terms

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Avantium NV (XAMS:AVTX) Business Description

Traded in Other Exchanges
Address
Zekeringstraat 29-31, Amsterdam, NLD, 1014 BV
Avantium NV along with its subsidiaries is engaged in developing and commercializing next-generation bio-based plastics and chemicals based on its technological capabilities in advanced catalysis research and development. Avantium also provides solutions in the field of sustainable chemistry and provider of advanced catalyst testing technology. The company operates through Catalysis, R&D Solutions, Renewable Chemistries and Renewable Polymer segments.