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Knowit AB (FRA:KOW) Gross Margin % : 0.00% (As of Mar. 2024)


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What is Knowit AB Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Knowit AB's Gross Profit for the three months ended in Mar. 2024 was €156.1 Mil. Knowit AB's Revenue for the three months ended in Mar. 2024 was €156.1 Mil. Therefore, Knowit AB's Gross Margin % for the quarter that ended in Mar. 2024 was 0.00%. If there's no value for Cost of Goods Sold, then Gross Margin % is not calculated.

Warning Sign:

Knowit AB gross margin has been in long-term decline. The average rate of decline per year is -2.2%.


The historical rank and industry rank for Knowit AB's Gross Margin % or its related term are showing as below:


During the past 13 years, the highest Gross Margin % of Knowit AB was 18.62%. The lowest was 15.06%. And the median was 17.08%.

FRA:KOW's Gross Margin % is not ranked *
in the Software industry.
Industry Median: 41.84
* Ranked among companies with meaningful Gross Margin % only.

Knowit AB had a gross margin of N/A% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Knowit AB was -2.20% per year.


Knowit AB Gross Margin % Historical Data

The historical data trend for Knowit AB's Gross Margin % 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.

Knowit AB Gross Margin % Chart

Knowit AB Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.89 17.03 17.90 17.13 15.06

Knowit AB Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Gross Margin % 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 - - - - -

Competitive Comparison of Knowit AB's Gross Margin %

For the Information Technology Services subindustry, Knowit AB's Gross Margin %, along with its competitors' market caps and Gross Margin % 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.


Knowit AB's Gross Margin % Distribution in the Software Industry

For the Software industry and Technology sector, Knowit AB's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Knowit AB's Gross Margin % falls into.



Knowit AB Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue. (Note that if there's no value for Cost of Goods Sold, then Gross Margin % is not calculated.)

Knowit AB's Gross Margin for the fiscal year that ended in Dec. 2023 is calculated as

Gross Margin % (A: Dec. 2023 )=Gross Profit (A: Dec. 2023 ) / Revenue (A: Dec. 2023 )
=95.6 / 634.491
=(Revenue - Cost of Goods Sold) / Revenue
=(634.491 - 538.929) / 634.491
=15.06 %

Knowit AB's Gross Margin for the quarter that ended in Mar. 2024 is calculated as


Gross Margin % (Q: Mar. 2024 )=Gross Profit (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=156.1 / 156.08
=(Revenue - Cost of Goods Sold) / Revenue
=(156.08 - 0) / 156.08
=N/A %

* 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.


Knowit AB  (FRA:KOW) Gross Margin % 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

Knowit AB had a gross margin of N/A% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


Knowit AB Gross Margin % Related Terms

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Knowit AB (FRA:KOW) Business Description

Traded in Other Exchanges
Address
Klarabergsgatan 60, Box 3383, Stockholm, SWE, 10368
Knowit is a Nordic consultancy, operating three divisions: IT and system development; Customer experience technology and communications; Management consultancy. The company has about 2200 employees in 20 locations in Sweden, Norway, Denmark, Finland and Germany. Knowit provides services towards most industries, both public and private sector. Knowit AB (Publ) was founded in 1990 and is headquartered in Stockholm, Sweden.

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