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Labo Euromedis (FRA:61R) Gross Profit : €15.65 Mil (TTM As of Jun. 2024)


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What is Labo Euromedis Gross Profit?

Labo Euromedis's gross profit for the six months ended in Jun. 2024 was €6.34 Mil. Labo Euromedis's gross profit for the trailing twelve months (TTM) ended in Jun. 2024 was €15.65 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Labo Euromedis's gross profit for the six months ended in Jun. 2024 was €6.34 Mil. Labo Euromedis's Revenue for the six months ended in Jun. 2024 was €18.27 Mil. Therefore, Labo Euromedis's Gross Margin % for the quarter that ended in Jun. 2024 was 34.71%.

Labo Euromedis had a gross margin of 34.71% for the quarter that ended in Jun. 2024 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of Labo Euromedis was 56.76%. The lowest was 29.93%. And the median was 37.21%.


Labo Euromedis Gross Profit Historical Data

The historical data trend for Labo Euromedis's Gross Profit 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.

Labo Euromedis Gross Profit Chart

Labo Euromedis Annual Data
Trend Jul13 Jul14 Jul15 Jul16 Jul17 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 24.88 64.15 33.49 18.75 34.00

Labo Euromedis Semi-Annual Data
Jan14 Jul14 Jan15 Jul15 Jan16 Jul16 Jan17 Jul17 Jan18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Gross Profit 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 9.81 8.94 7.25 9.31 6.34

Competitive Comparison of Labo Euromedis's Gross Profit

For the Medical Distribution subindustry, Labo Euromedis's Gross Profit, along with its competitors' market caps and Gross Profit 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.


Labo Euromedis's Gross Profit Distribution in the Medical Distribution Industry

For the Medical Distribution industry and Healthcare sector, Labo Euromedis's Gross Profit distribution charts can be found below:

* The bar in red indicates where Labo Euromedis's Gross Profit falls into.



Labo Euromedis Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

Labo Euromedis's Gross Profit for the fiscal year that ended in Dec. 2023 is calculated as

Gross Profit (A: Dec. 2023 )=Revenue - Cost of Goods Sold
=34 - 0
=34.00

Labo Euromedis's Gross Profit for the quarter that ended in Jun. 2024 is calculated as

Gross Profit (Q: Jun. 2024 )=Revenue - Cost of Goods Sold
=18.266 - 11.926
=6.34

Gross Profit for the trailing twelve months (TTM) ended in Jun. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was €15.65 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

Labo Euromedis's Gross Margin % for the quarter that ended in Jun. 2024 is calculated as

Gross Margin % (Q: Jun. 2024 )=Gross Profit (Q: Jun. 2024 ) / Revenue (Q: Jun. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=6.34 / 18.266
=34.71 %

* 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.


Labo Euromedis  (FRA:61R) Gross Profit 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

Labo Euromedis had a gross margin of 34.71% for the quarter that ended in Jun. 2024 => Competition eroding margins


Labo Euromedis Gross Profit Related Terms

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Labo Euromedis Business Description

Traded in Other Exchanges
Address
ZI de la Tuilerie, Neuilly-sous-Clermont, FRA, 60290
Labo Euromedis is engaged in medical devices. It is engaged in the design, manufacture, rental and export of medical and surgical equipment and products.

Labo Euromedis Headlines

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