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FSport AB (OSTO:FSPORT) Gross Margin % : 81.11% (As of Mar. 2024)


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What is FSport AB Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. FSport AB's Gross Profit for the three months ended in Mar. 2024 was kr0.67 Mil. FSport AB's Revenue for the three months ended in Mar. 2024 was kr0.83 Mil. Therefore, FSport AB's Gross Margin % for the quarter that ended in Mar. 2024 was 81.11%.


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

OSTO:FSPORT' s Gross Margin % Range Over the Past 10 Years
Min: 73.55   Med: 126.31   Max: 298.77
Current: 77.48


During the past 4 years, the highest Gross Margin % of FSport AB was 298.77%. The lowest was 73.55%. And the median was 126.31%.

OSTO:FSPORT's Gross Margin % is ranked better than
65.44% of 518 companies
in the Interactive Media industry
Industry Median: 61.16 vs OSTO:FSPORT: 77.48

FSport AB had a gross margin of 81.11% for the quarter that ended in Mar. 2024 => Durable competitive advantage

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


FSport AB Gross Margin % Historical Data

The historical data trend for FSport 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.

FSport AB Gross Margin % Chart

FSport AB Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Gross Margin %
298.77 146.03 106.59 73.55

FSport AB Quarterly Data
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 62.14 75.42 72.43 81.50 81.11

Competitive Comparison of FSport AB's Gross Margin %

For the Electronic Gaming & Multimedia subindustry, FSport 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.


FSport AB's Gross Margin % Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, FSport AB's Gross Margin % distribution charts can be found below:

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



FSport AB Gross Margin % Calculation

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

FSport 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 )
=2.2 / 2.938
=(Revenue - Cost of Goods Sold) / Revenue
=(2.938 - 0.777) / 2.938
=73.55 %

FSport 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 )
=0.7 / 0.826
=(Revenue - Cost of Goods Sold) / Revenue
=(0.826 - 0.156) / 0.826
=81.11 %

* 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.


FSport AB  (OSTO:FSPORT) 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

FSport AB had a gross margin of 81.11% 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.


FSport AB Gross Margin % Related Terms

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FSport AB (OSTO:FSPORT) Business Description

Traded in Other Exchanges
Address
Jarnvagsgatan 9, Helsingborg, SWE, 252 24
FSport AB is an innovative gaming platform company. It creates and delivers fair and genuinely entertaining sports betting on a proprietary platform, developed with the player at the center. FSport game is always challenging and designed to be used in mobile.

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