New Work SE (New Work SE) COGS-to-Revenue : -0.08 (As of Mar. 2024)

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What is New Work SE COGS-to-Revenue?

New Work SE's Cost of Goods Sold for the three months ended in Mar. 2024 was $-5.6 Mil. Its Revenue for the three months ended in Mar. 2024 was $74.2 Mil.

New Work SE's COGS to Revenue for the three months ended in Mar. 2024 was -0.08.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. New Work SE's Gross Margin % for the three months ended in Mar. 2024 was 107.53%.

New Work SE COGS-to-Revenue Historical Data

The historical data trend for New Work SE'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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New Work SE COGS-to-Revenue Chart

New Work SE Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

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-0.09

-0.08

-0.07

-0.08

New Work SE Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
COGS-to-Revenue	Get a 7-Day Free Trial															-0.10	-0.08	-0.08	-0.06	-0.08

New Work SE COGS-to-Revenue Calculation

New Work SE's COGS to Revenue for the fiscal year that ended in Dec. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	-26.239	/	333.262
	=	-0.08

New Work SE's COGS to Revenue for the quarter that ended in Mar. 2024 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	-5.582	/	74.178
	=	-0.08

New Work SE (OTCPK:XINXF) COGS-to-Revenue Explanation

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

New Work SE's Gross Margin % for the three months ended in Mar. 2024 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	-5.582 / 74.178
	=	107.53 %

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.

New Work SE COGS-to-Revenue Related Terms

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New Work SE (New Work SE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » New Work SE (OTCPK:XINXF) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

0OR4:UK NWO:Germany

Address

Am Strandkai 1, Hamburg, DEU, 20457

Website

https://www.new-work.se

New Work SE is a German technology company offering online business platforms for professionals to network and share ideas, and jobs opportunities, among others. The company organizes itself into three business segments: B2C, B2B e-recruiting and B2B marketing solutions. The B2C segment serves the members of social networking websites such as kunnu.com or xing.com to network with professionals and find suitable jobs, the B2B e-recruiting segment serves customers who want to access the talent pool, B2B marketing solutions & events cater to advertising and events clients, and the kunnu International segment includes business activities outside Germany, Austria and Switzerland. The B2B e-recruiting segments generate the majority of the company's revenue.