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ELLWEE AB (OSTO:ELLWEE) Gross Margin % : 9.89% (As of Jun. 2024)


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What is ELLWEE AB Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. ELLWEE AB's Gross Profit for the three months ended in Jun. 2024 was kr8.0 Mil. ELLWEE AB's Revenue for the three months ended in Jun. 2024 was kr80.6 Mil. Therefore, ELLWEE AB's Gross Margin % for the quarter that ended in Jun. 2024 was 9.89%.


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

OSTO:ELLWEE' s Gross Margin % Range Over the Past 10 Years
Min: 9.29   Med: 16.15   Max: 52.12
Current: 9.29


During the past 5 years, the highest Gross Margin % of ELLWEE AB was 52.12%. The lowest was 9.29%. And the median was 16.15%.

OSTO:ELLWEE's Gross Margin % is ranked worse than
86.66% of 1289 companies
in the Vehicles & Parts industry
Industry Median: 19.79 vs OSTO:ELLWEE: 9.29

ELLWEE AB had a gross margin of 9.89% for the quarter that ended in Jun. 2024 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for ELLWEE AB was 0.00% per year.


ELLWEE AB Gross Margin % Historical Data

The historical data trend for ELLWEE 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.

ELLWEE AB Gross Margin % Chart

ELLWEE AB Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
- 52.12 18.88 13.41 10.23

ELLWEE AB Quarterly Data
Mar19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 12.82 11.12 5.20 9.45 9.89

Competitive Comparison of ELLWEE AB's Gross Margin %

For the Auto Manufacturers subindustry, ELLWEE 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.


ELLWEE AB's Gross Margin % Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, ELLWEE AB's Gross Margin % distribution charts can be found below:

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



ELLWEE AB Gross Margin % Calculation

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

ELLWEE 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 )
=24.4 / 238.237
=(Revenue - Cost of Goods Sold) / Revenue
=(238.237 - 213.875) / 238.237
=10.23 %

ELLWEE AB's Gross Margin for the quarter that ended in Jun. 2024 is calculated as


Gross Margin % (Q: Jun. 2024 )=Gross Profit (Q: Jun. 2024 ) / Revenue (Q: Jun. 2024 )
=8 / 80.635
=(Revenue - Cost of Goods Sold) / Revenue
=(80.635 - 72.664) / 80.635
=9.89 %

* 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.


ELLWEE AB  (OSTO:ELLWEE) 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

ELLWEE AB had a gross margin of 9.89% for the quarter that ended in Jun. 2024 => 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.


ELLWEE AB Gross Margin % Related Terms

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


ELLWEE AB Business Description

Traded in Other Exchanges
Address
Kardanvagen 38, Trollhattan, SWE, 461 38
ELLWEE AB is a automobile company. It focuses on manufacturing of light-weight electric vehicles. The company offers electric vehicles, auto parts and accessories.

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