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Happy Helper A/S (OCSE:HAPPY) Gross Margin % : -26.10% (As of Feb. 2023)


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What is Happy Helper A/S Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Happy Helper A/S's Gross Profit for the six months ended in Feb. 2023 was kr-0.65 Mil. Happy Helper A/S's Revenue for the six months ended in Feb. 2023 was kr2.50 Mil. Therefore, Happy Helper A/S's Gross Margin % for the quarter that ended in Feb. 2023 was -26.10%.


The historical rank and industry rank for Happy Helper A/S's Gross Margin % or its related term are showing as below:


OCSE:HAPPY's Gross Margin % is not ranked *
in the Personal Services industry.
Industry Median: 45.67
* Ranked among companies with meaningful Gross Margin % only.

Happy Helper A/S had a gross margin of -26.10% for the quarter that ended in Feb. 2023 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Happy Helper A/S was 0.00% per year.


Happy Helper A/S Gross Margin % Historical Data

The historical data trend for Happy Helper A/S'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.

Happy Helper A/S Gross Margin % Chart

Happy Helper A/S Annual Data
Trend Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22
Gross Margin %
Get a 7-Day Free Trial -226.92 -17.92 11.97 28.80 30.53

Happy Helper A/S Semi-Annual Data
Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23
Gross Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 33.67 22.76 64.89 -2.40 -26.10

Competitive Comparison of Happy Helper A/S's Gross Margin %

For the Personal Services subindustry, Happy Helper A/S'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.


Happy Helper A/S's Gross Margin % Distribution in the Personal Services Industry

For the Personal Services industry and Consumer Cyclical sector, Happy Helper A/S's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Happy Helper A/S's Gross Margin % falls into.



Happy Helper A/S Gross Margin % Calculation

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

Happy Helper A/S's Gross Margin for the fiscal year that ended in Aug. 2022 is calculated as

Gross Margin % (A: Aug. 2022 )=Gross Profit (A: Aug. 2022 ) / Revenue (A: Aug. 2022 )
=1.6 / 5.394
=(Revenue - Cost of Goods Sold) / Revenue
=(5.394 - 3.747) / 5.394
=30.53 %

Happy Helper A/S's Gross Margin for the quarter that ended in Feb. 2023 is calculated as


Gross Margin % (Q: Feb. 2023 )=Gross Profit (Q: Feb. 2023 ) / Revenue (Q: Feb. 2023 )
=-0.7 / 2.498
=(Revenue - Cost of Goods Sold) / Revenue
=(2.498 - 3.15) / 2.498
=-26.10 %

* 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.


Happy Helper A/S  (OCSE:HAPPY) 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

Happy Helper A/S had a gross margin of -26.10% for the quarter that ended in Feb. 2023 => 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.


Happy Helper A/S Gross Margin % Related Terms

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Happy Helper A/S Business Description

Traded in Other Exchanges
N/A
Address
Langelinie alle 47, Copenhagen, DNK, 2100
Happy Helper A/S provides on-demand home cleaning services. It has developed a Airbnb-like" online marketplace, and it matches customers with cleaners to provide its services.

Happy Helper A/S Headlines

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