GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Ortivus AB (OSTO:ORTI A) » Definitions » Gross Margin %

Ortivus AB (OSTO:ORTI A) Gross Margin % : 41.33% (As of Mar. 2024)


View and export this data going back to 1995. Start your Free Trial

What is Ortivus AB Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Ortivus AB's Gross Profit for the three months ended in Mar. 2024 was kr9.12 Mil. Ortivus AB's Revenue for the three months ended in Mar. 2024 was kr22.05 Mil. Therefore, Ortivus AB's Gross Margin % for the quarter that ended in Mar. 2024 was 41.33%.


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

OSTO:ORTI A' s Gross Margin % Range Over the Past 10 Years
Min: 33.88   Med: 46.22   Max: 67.62
Current: 33.88


During the past 13 years, the highest Gross Margin % of Ortivus AB was 67.62%. The lowest was 33.88%. And the median was 46.22%.

OSTO:ORTI A's Gross Margin % is ranked worse than
74.34% of 795 companies
in the Medical Devices & Instruments industry
Industry Median: 52.61 vs OSTO:ORTI A: 33.88

Ortivus AB had a gross margin of 41.33% for the quarter that ended in Mar. 2024 => Durable competitive advantage

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


Ortivus AB Gross Margin % Historical Data

The historical data trend for Ortivus 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.

Ortivus AB Gross Margin % Chart

Ortivus 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 41.27 36.21 50.78 46.62 36.68

Ortivus 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 48.16 37.04 29.25 25.75 41.33

Competitive Comparison of Ortivus AB's Gross Margin %

For the Medical Instruments & Supplies subindustry, Ortivus 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.


Ortivus AB's Gross Margin % Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Ortivus AB's Gross Margin % distribution charts can be found below:

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



Ortivus AB Gross Margin % Calculation

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

Ortivus 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 )
=30.8 / 84.081
=(Revenue - Cost of Goods Sold) / Revenue
=(84.081 - 53.24) / 84.081
=36.68 %

Ortivus 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 )
=9.1 / 22.054
=(Revenue - Cost of Goods Sold) / Revenue
=(22.054 - 12.939) / 22.054
=41.33 %

* 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.


Ortivus AB  (OSTO:ORTI A) 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

Ortivus AB had a gross margin of 41.33% 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.


Ortivus AB Gross Margin % Related Terms

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


Ortivus AB (OSTO:ORTI A) Business Description

Traded in Other Exchanges
Address
Karlsrovagen 2D, Box 713, Danderyd, Stockholm, SWE, 182 17
Ortivus AB is a supplier of mobile solutions for modern emergency medical care. Its product portfolio includes MobiMed Smart and CoroNet.

Ortivus AB (OSTO:ORTI A) Headlines

No Headlines