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Shelly Group SE (XTER:SLYG) Gross Margin % : 63.26% (As of Dec. 2024)


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What is Shelly Group SE Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Shelly Group SE's Gross Profit for the three months ended in Dec. 2024 was €27.4 Mil. Shelly Group SE's Revenue for the three months ended in Dec. 2024 was €43.4 Mil. Therefore, Shelly Group SE's Gross Margin % for the quarter that ended in Dec. 2024 was 63.26%.


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

XTER:SLYG' s Gross Margin % Range Over the Past 10 Years
Min: 28.41   Med: 48.55   Max: 59.62
Current: 59.62


During the past 8 years, the highest Gross Margin % of Shelly Group SE was 59.62%. The lowest was 28.41%. And the median was 48.55%.

XTER:SLYG's Gross Margin % is ranked better than
92.21% of 526 companies
in the Conglomerates industry
Industry Median: 24.84 vs XTER:SLYG: 59.62

Shelly Group SE had a gross margin of 63.26% for the quarter that ended in Dec. 2024 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Shelly Group SE was 7.00% per year.


Shelly Group SE Gross Margin % Historical Data

The historical data trend for Shelly Group SE'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.

Shelly Group SE Gross Margin % Chart

Shelly Group SE Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Gross Margin %
Get a 7-Day Free Trial 46.81 55.10 50.28 57.11 59.62

Shelly Group SE Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 57.00 55.53 54.69 61.20 63.26

Competitive Comparison of Shelly Group SE's Gross Margin %

For the Conglomerates subindustry, Shelly Group SE'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.


Shelly Group SE's Gross Margin % Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Shelly Group SE's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Shelly Group SE's Gross Margin % falls into.


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Shelly Group SE Gross Margin % Calculation

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

Shelly Group SE's Gross Margin for the fiscal year that ended in Dec. 2024 is calculated as

Gross Margin % (A: Dec. 2024 )=Gross Profit (A: Dec. 2024 ) / Revenue (A: Dec. 2024 )
=66.1 / 110.843
=(Revenue - Cost of Goods Sold) / Revenue
=(110.843 - 44.76) / 110.843
=59.62 %

Shelly Group SE's Gross Margin for the quarter that ended in Dec. 2024 is calculated as


Gross Margin % (Q: Dec. 2024 )=Gross Profit (Q: Dec. 2024 ) / Revenue (Q: Dec. 2024 )
=27.4 / 43.373
=(Revenue - Cost of Goods Sold) / Revenue
=(43.373 - 15.936) / 43.373
=63.26 %

* 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.


Shelly Group SE  (XTER:SLYG) 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

Shelly Group SE had a gross margin of 63.26% for the quarter that ended in Dec. 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.


Shelly Group SE Gross Margin % Related Terms

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


Shelly Group SE Business Description

Traded in Other Exchanges
Address
53 Cherni Vrah Boulevard, Building 3, Lozenets Region, Sofia, BGR, 1407
Shelly Group SE is engaged in the acquisition, management, evaluation, and sale of participations in Bulgarian & foreign companies; acquisition, management, and sale of bonds; acquisition, evaluation, sale, and patents. It delivers innovation through designing, producing, and distributing high-quality IoT products. It group manages the business with electronic devices as one operating segment. Its products include Smartwatches, Tracker, and Home automation. It derives the majority of its revenue from the sale of smart devices.
Executives
Svetlin Todorov Board of Directors
Dimitar Dimitrov Chief Executive Officer (CEO)