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Fastned BV (XAMS:FAST) Gross Margin % : 74.91% (As of Jun. 2023)


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What is Fastned BV Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Fastned BV's Gross Profit for the six months ended in Jun. 2023 was €19.59 Mil. Fastned BV's Revenue for the six months ended in Jun. 2023 was €26.15 Mil. Therefore, Fastned BV's Gross Margin % for the quarter that ended in Jun. 2023 was 74.91%.

Warning Sign:

Fastned BV gross margin has been in long-term decline. The average rate of decline per year is -2.5%.


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

XAMS:FAST' s Gross Margin % Range Over the Past 10 Years
Min: 55.72   Med: 69.41   Max: 74.99
Current: 65.21


During the past 6 years, the highest Gross Margin % of Fastned BV was 74.99%. The lowest was 55.72%. And the median was 69.41%.

XAMS:FAST's Gross Margin % is ranked better than
91.42% of 1096 companies
in the Retail - Cyclical industry
Industry Median: 36.485 vs XAMS:FAST: 65.21

Fastned BV had a gross margin of 74.91% for the quarter that ended in Jun. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Fastned BV was -2.50% per year.


Fastned BV Gross Margin % Historical Data

The historical data trend for Fastned BV'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.

Fastned BV Gross Margin % Chart

Fastned BV Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Gross Margin %
Get a 7-Day Free Trial 74.97 55.72 74.99 69.94 56.90

Fastned BV Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
Gross Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 78.50 65.14 61.60 54.37 74.91

Competitive Comparison of Fastned BV's Gross Margin %

For the Specialty Retail subindustry, Fastned BV'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.


Fastned BV's Gross Margin % Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Fastned BV's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Fastned BV's Gross Margin % falls into.



Fastned BV Gross Margin % Calculation

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

Fastned BV's Gross Margin for the fiscal year that ended in Dec. 2022 is calculated as

Gross Margin % (A: Dec. 2022 )=Gross Profit (A: Dec. 2022 ) / Revenue (A: Dec. 2022 )
=20.5 / 35.978
=(Revenue - Cost of Goods Sold) / Revenue
=(35.978 - 15.507) / 35.978
=56.90 %

Fastned BV's Gross Margin for the quarter that ended in Jun. 2023 is calculated as


Gross Margin % (Q: Jun. 2023 )=Gross Profit (Q: Jun. 2023 ) / Revenue (Q: Jun. 2023 )
=19.6 / 26.149
=(Revenue - Cost of Goods Sold) / Revenue
=(26.149 - 6.56) / 26.149
=74.91 %

* 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.


Fastned BV  (XAMS:FAST) 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

Fastned BV had a gross margin of 74.91% for the quarter that ended in Jun. 2023 => 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.


Fastned BV Gross Margin % Related Terms

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


Fastned BV (XAMS:FAST) Business Description

Traded in Other Exchanges
Address
James Wattstraat 77R, Amsterdam, NH, NLD, 1097 DL
Fastned BV is engaged in providing fast charging services for electric vehicles. The company's technology is available for all types of electric vehicles such as Tesla Model 3/S/X, Nissan Leaf, BMW i3, and Hyundai Ioniq. The company has operations in the Netherlands, Germany, the United Kingdom, France, Switzerland, and Belgium. The majority of its operations and charging stations are in the Netherlands.

Fastned BV (XAMS:FAST) Headlines

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