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Artificial Solutions International AB (OSTO:ASAI) Gross Margin % : 132.16% (As of Mar. 2024)


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What is Artificial Solutions International AB Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Artificial Solutions International AB's Gross Profit for the three months ended in Mar. 2024 was kr22.60 Mil. Artificial Solutions International AB's Revenue for the three months ended in Mar. 2024 was kr17.10 Mil. Therefore, Artificial Solutions International AB's Gross Margin % for the quarter that ended in Mar. 2024 was 132.16%.


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

OSTO:ASAI' s Gross Margin % Range Over the Past 10 Years
Min: 105.06   Med: 127.97   Max: 161.95
Current: 135.21


During the past 10 years, the highest Gross Margin % of Artificial Solutions International AB was 161.95%. The lowest was 105.06%. And the median was 127.97%.

OSTO:ASAI's Gross Margin % is ranked better than
99.58% of 2632 companies
in the Software industry
Industry Median: 41.8 vs OSTO:ASAI: 135.21

Artificial Solutions International AB had a gross margin of 132.16% for the quarter that ended in Mar. 2024 => Durable competitive advantage

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


Artificial Solutions International AB Gross Margin % Historical Data

The historical data trend for Artificial Solutions International 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.

Artificial Solutions International AB Gross Margin % Chart

Artificial Solutions International AB Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 124.49 118.07 130.15 128.85 134.60

Artificial Solutions International 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 128.68 126.35 124.39 158.12 132.16

Competitive Comparison of Artificial Solutions International AB's Gross Margin %

For the Software - Infrastructure subindustry, Artificial Solutions International 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.


Artificial Solutions International AB's Gross Margin % Distribution in the Software Industry

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

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



Artificial Solutions International AB Gross Margin % Calculation

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

Artificial Solutions International 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 )
=81.5 / 60.534
=(Revenue - Cost of Goods Sold) / Revenue
=(60.534 - -20.944) / 60.534
=134.60 %

Artificial Solutions International 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 )
=22.6 / 17.1
=(Revenue - Cost of Goods Sold) / Revenue
=(17.1 - -5.5) / 17.1
=132.16 %

* 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.


Artificial Solutions International AB  (OSTO:ASAI) 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

Artificial Solutions International AB had a gross margin of 132.16% 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.


Artificial Solutions International AB Gross Margin % Related Terms

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Artificial Solutions International AB (OSTO:ASAI) Business Description

Traded in Other Exchanges
Address
Stureplan 15, 2nd Floor, Stockholm, SWE, 11145
Artificial Solutions International AB is a specialist in Conversational AI. It enables communication with applications, websites, and devices in everyday, humanlike natural language via voice, text, touch, or gesture input. The company's Conversational AI platform Teneo, allows business users and developers to create applications that run across 86 languages and dialects, multiple platforms, and channels in record time. The ability to analyze and make use of the enormous quantities of conversational data is fully integrated within Teneo, delivering unprecedented levels of data insight that reveal what customers are truly thinking. Its Conversational AI technology makes it easy to implement a wide range of natural language applications such as virtual assistants, and conversational bots.

Artificial Solutions International AB (OSTO:ASAI) Headlines

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