Teco 2030 ASA (Teco 2030 ASA) COGS-to-Revenue : -0.12 (As of Sep. 2023)

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What is Teco 2030 ASA COGS-to-Revenue?

Teco 2030 ASA's Cost of Goods Sold for the three months ended in Sep. 2023 was $-0.01 Mil. Its Revenue for the three months ended in Sep. 2023 was $0.08 Mil.

Teco 2030 ASA's COGS to Revenue for the three months ended in Sep. 2023 was -0.12.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Teco 2030 ASA's Gross Margin % for the three months ended in Sep. 2023 was 111.69%.

Teco 2030 ASA COGS-to-Revenue Historical Data

The historical data trend for Teco 2030 ASA's COGS-to-Revenue 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.

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Teco 2030 ASA COGS-to-Revenue Chart

Teco 2030 ASA Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

COGS-to-Revenue

0.35

0.74

0.71

Teco 2030 ASA Quarterly Data
	Dec19	Jun20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
COGS-to-Revenue	Get a 7-Day Free Trial									0.59	1.16	0.72	-	-0.12

Teco 2030 ASA COGS-to-Revenue Calculation

Teco 2030 ASA's COGS to Revenue for the fiscal year that ended in Dec. 2022 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	0.81	/	1.148
	=	0.71

Teco 2030 ASA's COGS to Revenue for the quarter that ended in Sep. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	-0.009	/	0.077
	=	-0.12

Teco 2030 ASA (OTCPK:TECFF) COGS-to-Revenue Explanation

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin.

Teco 2030 ASA's Gross Margin % for the three months ended in Sep. 2023 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	-0.009 / 0.077
	=	111.69 %

A company that has a moat can usually maintain or even expand their Gross Margin. A company can increase its Gross Margin in two ways. It can increase the prices of the goods it sells and keeps its Cost of Goods Sold unchanged. Or it can keep the sales price unchanged and squeeze its suppliers to reduce the Cost of Goods Sold. Warren Buffett believes businesses with the power to raise prices have moats.

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Teco 2030 ASA (Teco 2030 ASA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Teco 2030 ASA (OTCPK:TECFF) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

TECO:Norway TE9:Germany

Address

Lysaker Torg 12, Lysaker, NOR, 1366

Website

https://www.teco2030.no

Teco 2030 ASA is an engineering and equipment development company in the renewable energy sector. The company is developing technologies for marine emission reduction like Proton-exchange membrane fuel cells system integration and particulate and black carbon capture for exhaust gas cleaning. Its solutions include TECO PEM Fuel cells, TECO Future Funnel, TECO Future Funnel, and TECO Fuel Cell Factory. Its geographical segments are the United States and Malaysia, of which the USA accounts for the majority of the revenue.