GURUFOCUS.COM » STOCK LIST » Technology » Software » Freja eID Group AB (OSTO:FREJA) » Definitions » Gross Margin %

Freja eID Group AB (OSTO:FREJA) Gross Margin % : 32.89% (As of Sep. 2024)


View and export this data going back to 2014. Start your Free Trial

What is Freja eID Group AB Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Freja eID Group AB's Gross Profit for the three months ended in Sep. 2024 was kr3.69 Mil. Freja eID Group AB's Revenue for the three months ended in Sep. 2024 was kr11.21 Mil. Therefore, Freja eID Group AB's Gross Margin % for the quarter that ended in Sep. 2024 was 32.89%.


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

OSTO:FREJA' s Gross Margin % Range Over the Past 10 Years
Min: -76.57   Med: 6.46   Max: 33.38
Current: 17.66


During the past 12 years, the highest Gross Margin % of Freja eID Group AB was 33.38%. The lowest was -76.57%. And the median was 6.46%.

OSTO:FREJA's Gross Margin % is ranked worse than
85.22% of 2618 companies
in the Software industry
Industry Median: 41.435 vs OSTO:FREJA: 17.66

Freja eID Group AB had a gross margin of 32.89% for the quarter that ended in Sep. 2024 => Competition eroding margins

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


Freja eID Group AB Gross Margin % Historical Data

The historical data trend for Freja eID 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.

* Premium members only.

Freja eID Group AB Gross Margin % Chart

Freja eID Group 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 -50.19 -67.15 -76.57 -16.85 1.71

Freja eID Group AB Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 -41.12 21.89 7.56 6.68 32.89

Competitive Comparison of Freja eID Group AB's Gross Margin %

For the Software - Infrastructure subindustry, Freja eID 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.


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

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

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



Freja eID Group AB Gross Margin % Calculation

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

Freja eID 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 )
=0.6 / 36.293
=(Revenue - Cost of Goods Sold) / Revenue
=(36.293 - 35.673) / 36.293
=1.71 %

Freja eID Group AB's Gross Margin for the quarter that ended in Sep. 2024 is calculated as


Gross Margin % (Q: Sep. 2024 )=Gross Profit (Q: Sep. 2024 ) / Revenue (Q: Sep. 2024 )
=3.7 / 11.206
=(Revenue - Cost of Goods Sold) / Revenue
=(11.206 - 7.52) / 11.206
=32.89 %

* 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.


Freja eID Group AB  (OSTO:FREJA) 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

Freja eID Group AB had a gross margin of 32.89% for the quarter that ended in Sep. 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.


Freja eID Group AB Gross Margin % Related Terms

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


Freja eID Group AB Business Description

Traded in Other Exchanges
N/A
Address
Vasagatan 40, Box 3328, Stockholm, SWE, 103 66
Freja eID Group AB is a Swedish tech company. The company offers an ID platform that gives the user control over their digital identity and data. Through the platform, the user can interact with companies and authorities but also with private individuals. The functions include e-identification, electronic signatures, sign-up, check-out, physical identification, and e-service identification. Its business is based on the Swedish market and the platform is built for international scalability.

Freja eID Group AB Headlines

No Headlines