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AddLife AB (OSTO:ALIF B) Gross Margin % : 37.67% (As of Mar. 2024)


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What is AddLife AB Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. AddLife AB's Gross Profit for the three months ended in Mar. 2024 was kr968 Mil. AddLife AB's Revenue for the three months ended in Mar. 2024 was kr2,570 Mil. Therefore, AddLife AB's Gross Margin % for the quarter that ended in Mar. 2024 was 37.67%.


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

OSTO:ALIF B' s Gross Margin % Range Over the Past 10 Years
Min: 34.44   Med: 35.95   Max: 38.13
Current: 37.16


During the past 11 years, the highest Gross Margin % of AddLife AB was 38.13%. The lowest was 34.44%. And the median was 35.95%.

OSTO:ALIF B's Gross Margin % is ranked worse than
71.52% of 797 companies
in the Medical Devices & Instruments industry
Industry Median: 52.98 vs OSTO:ALIF B: 37.16

AddLife AB had a gross margin of 37.67% for the quarter that ended in Mar. 2024 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for AddLife AB was 1.40% per year.


AddLife AB Gross Margin % Historical Data

The historical data trend for AddLife 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.

AddLife AB Gross Margin % Chart

AddLife AB Annual Data
Trend Mar14 Mar15 Mar16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 34.44 34.48 35.74 37.73 37.16

AddLife 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 37.69 37.84 37.04 36.12 37.67

Competitive Comparison of AddLife AB's Gross Margin %

For the Medical Instruments & Supplies subindustry, AddLife 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.


AddLife AB's Gross Margin % Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, AddLife AB's Gross Margin % distribution charts can be found below:

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



AddLife AB Gross Margin % Calculation

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

AddLife 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 )
=3599 / 9685
=(Revenue - Cost of Goods Sold) / Revenue
=(9685 - 6086) / 9685
=37.16 %

AddLife 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 )
=968 / 2570
=(Revenue - Cost of Goods Sold) / Revenue
=(2570 - 1602) / 2570
=37.67 %

* 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.


AddLife AB  (OSTO:ALIF B) 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

AddLife AB had a gross margin of 37.67% 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.


AddLife AB Gross Margin % Related Terms

Thank you for viewing the detailed overview of AddLife AB's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


AddLife AB (OSTO:ALIF B) Business Description

Traded in Other Exchanges
Address
Brunkebergstorg 5, Box 3145, Stockholm, SWE, 103 62
AddLife AB is engaged in the business of providing products, services, and advisory services. The company operates in Labtech and Medtech segments. The Labtech segment, which accounts for the majority of the company revenue, provides analytical instruments, equipment, microscopes, consumables, and reagents, as well as software support and technical service. The Medtech segment includes products related to surgery, thoracic medicine, neurology, wound care, anesthesia, intensive care, ear, nose and throat, ostomies, and home healthcare. AddLife mainly caters to hospitals & laboratories within healthcare, research, colleges, and universities, as well as the food and pharmaceutical industries. Its geographical segments are Sweden, Denmark, Finland, Norway, and Other countries.

AddLife AB (OSTO:ALIF B) Headlines

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