Qbrick AB (NGM:QBRICK) Gross Margin % : 25.75% (As of Mar. 2024)

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What is Qbrick AB Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Qbrick AB's Gross Profit for the three months ended in Mar. 2024 was kr1.92 Mil. Qbrick AB's Revenue for the three months ended in Mar. 2024 was kr7.44 Mil. Therefore, Qbrick AB's Gross Margin % for the quarter that ended in Mar. 2024 was 25.75%.

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

NGM:QBRICK' s Gross Margin % Range Over the Past 10 Years
Min: 16.4 Med: 41.48 Max: 58.13
Current: 19.01

During the past 5 years, the highest Gross Margin % of Qbrick AB was 58.13%. The lowest was 16.40%. And the median was 41.48%.

NGM:QBRICK's Gross Margin % is ranked worse than
83.3% of 2628 companies
in the Software industry
Industry Median: 41.705 vs NGM:QBRICK: 19.01

Qbrick AB had a gross margin of 25.75% for the quarter that ended in Mar. 2024 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Qbrick AB was 0.00% per year.

Qbrick AB Gross Margin % Historical Data

The historical data trend for Qbrick 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.

Qbrick AB Gross Margin % Chart

Qbrick AB Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Gross Margin %

50.74

58.13

41.48

28.16

16.40

Qbrick AB Quarterly Data
	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													15.67	15.19	26.18	9.91	25.75

Competitive Comparison of Qbrick AB's Gross Margin %

For the Software - Infrastructure subindustry, Qbrick 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.

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

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

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

Qbrick AB Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Qbrick 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 )
	=	4.9	/	30.002
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(30.002 - 25.083)	/	30.002
	=	16.40 %

Qbrick 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 )
	=	1.9	/	7.444
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(7.444 - 5.527)	/	7.444
	=	25.75 %

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.

Qbrick AB (NGM:QBRICK) 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

Qbrick AB had a gross margin of 25.75% for the quarter that ended in Mar. 2024 => Competition eroding margins

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.

Qbrick AB Gross Margin % Related Terms

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Qbrick AB (NGM:QBRICK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Qbrick AB (NGM:QBRICK) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Farogatan 33, Kista, SWE, 164 51

Website

https://www.qbrick.com

Qbrick AB is a Swedish company that provides systems for secure streaming media, including streaming of video, audio, and applications over the Internet. It delivers a cloud-based technology platform with which companies and organizations can film, edit, process, store, and distribute live video and pre-recorded videos. It enables companies and organizations to create and manage videos to engage staff, consumers, and customers in a modern way through customer-specific videos such as interactive video shopping.

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