Ayfie Group AS (OSL:AYFIE) Gross Margin % : 96.24% (As of Dec. 2023)

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What is Ayfie Group AS Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Ayfie Group AS's Gross Profit for the six months ended in Dec. 2023 was kr9.36 Mil. Ayfie Group AS's Revenue for the six months ended in Dec. 2023 was kr9.72 Mil. Therefore, Ayfie Group AS's Gross Margin % for the quarter that ended in Dec. 2023 was 96.24%.

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

OSL:AYFIE' s Gross Margin % Range Over the Past 10 Years
Min: 90.95 Med: 94.83 Max: 96.35
Current: 96.35

During the past 7 years, the highest Gross Margin % of Ayfie Group AS was 96.35%. The lowest was 90.95%. And the median was 94.83%.

OSL:AYFIE's Gross Margin % is ranked better than
97.15% of 2631 companies
in the Software industry
Industry Median: 41.84 vs OSL:AYFIE: 96.35

Ayfie Group AS had a gross margin of 96.24% for the quarter that ended in Dec. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Ayfie Group AS was 0.50% per year.

Ayfie Group AS Gross Margin % Historical Data

The historical data trend for Ayfie Group AS'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.

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Ayfie Group AS Gross Margin % Chart

Ayfie Group AS Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Gross Margin %

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90.95

94.32

95.34

93.84

96.35

Ayfie Group AS Semi-Annual Data
	Dec17	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Gross Margin %	Get a 7-Day Free Trial						96.39	92.71	95.19	96.44	96.24

Competitive Comparison of Ayfie Group AS's Gross Margin %

For the Software - Application subindustry, Ayfie Group AS'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.

Ayfie Group AS's Gross Margin % Distribution in the Software Industry

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

* The bar in red indicates where Ayfie Group AS's Gross Margin % falls into.

Ayfie Group AS Gross Margin % Calculation

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

Ayfie Group AS'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 )
	=	19.8	/	20.595
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(20.595 - 0.752)	/	20.595
	=	96.35 %

Ayfie Group AS's Gross Margin for the quarter that ended in Dec. 2023 is calculated as

Gross Margin % (Q: Dec. 2023 )	=	Gross Profit (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	9.4	/	9.72
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(9.72 - 0.365)	/	9.72
	=	96.24 %

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.

Ayfie Group AS (OSL:AYFIE) 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

Ayfie Group AS had a gross margin of 96.24% for the quarter that ended in Dec. 2023 => Durable 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.

Ayfie Group AS Gross Margin % Related Terms

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Ayfie Group AS (OSL:AYFIE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Ayfie Group AS (OSL:AYFIE) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Karenslyst Alle 10, Oslo, NOR, 0278

Website

https://www.ayfie.com

Ayfie Group AS is a search company offering intelligent knowledge discovery products and search solutions. The firm is a software company specializing in text analytics and smart research based on natural language processing and machine learning. Its core products are ayfie Inspector and ayfie Locator which is used in the legal, financial, corporate, and compliance markets. The company generates a majority of its revenue from subscriptions and geographically, it generates from Norway.

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