Anoto Group AB (OSTO:ANOT) Gross Margin % : 66.89% (As of Mar. 2024)

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What is Anoto Group AB Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Anoto Group AB's Gross Profit for the three months ended in Mar. 2024 was kr8.76 Mil. Anoto Group AB's Revenue for the three months ended in Mar. 2024 was kr13.09 Mil. Therefore, Anoto Group AB's Gross Margin % for the quarter that ended in Mar. 2024 was 66.89%.

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

OSTO:ANOT' s Gross Margin % Range Over the Past 10 Years
Min: 32.42 Med: 53.94 Max: 65.63
Current: 60.58

During the past 13 years, the highest Gross Margin % of Anoto Group AB was 65.63%. The lowest was 32.42%. And the median was 53.94%.

OSTO:ANOT's Gross Margin % is ranked better than
68.02% of 2630 companies
in the Software industry
Industry Median: 41.72 vs OSTO:ANOT: 60.58

Anoto Group AB had a gross margin of 66.89% for the quarter that ended in Mar. 2024 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Anoto Group AB was 11.20% per year.

Anoto Group AB Gross Margin % Historical Data

The historical data trend for Anoto Group 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.

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Anoto Group AB Gross Margin % Chart

Anoto Group AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Gross Margin %

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54.14

54.08

53.79

61.85

62.86

Anoto Group 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															74.16	51.18	66.96	56.53	66.89

Competitive Comparison of Anoto Group AB's Gross Margin %

For the Software - Infrastructure subindustry, Anoto Group 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.

Anoto Group AB's Gross Margin % Distribution in the Software Industry

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

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

Anoto Group AB Gross Margin % Calculation

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

Anoto Group 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 )
	=	27	/	43.012
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(43.012 - 15.974)	/	43.012
	=	62.86 %

Anoto Group 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 )
	=	8.8	/	13.089
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(13.089 - 4.334)	/	13.089
	=	66.89 %

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.

Anoto Group AB (OSTO:ANOT) 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

Anoto Group AB had a gross margin of 66.89% for the quarter that ended in Mar. 2024 => 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.

Anoto Group AB Gross Margin % Related Terms

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Anoto Group AB (OSTO:ANOT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Anoto Group AB (OSTO:ANOT) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Flaggan 1165, Stockholm, SWE, 116 74

Website

https://www.anoto.com

Anoto Group AB is a technology company specializes in digital writing and drawing solutions. The company is organized into the following business units - Enterprise Solutions and Licensing which focuses on systems, products, and services that target businesses, primarily in the field of forms processing, document management, and signature capture, Livescribe, Knowledge AI, and OEM Business. The company generates revenues from mainly product sales but also from licenses and royalties in multiple geographies. It offers a broad portfolio of products, applications, and services to business, consumer, and education markets, including digital note-taking, creative solutions, collaborative solutions, classroom learning solutions, and document processing and management.

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