Noratis AG (HAM:NUVA) Gross Profit : €19.47 Mil (TTM As of Jun. 2023)

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What is Noratis AG Gross Profit?

Noratis AG's gross profit for the six months ended in Jun. 2023 was €11.37 Mil. Noratis AG's gross profit for the trailing twelve months (TTM) ended in Jun. 2023 was €19.47 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Noratis AG's gross profit for the six months ended in Jun. 2023 was €11.37 Mil. Noratis AG's Revenue for the six months ended in Jun. 2023 was €33.48 Mil. Therefore, Noratis AG's Gross Margin % for the quarter that ended in Jun. 2023 was 33.96%.

Noratis AG had a gross margin of 33.96% for the quarter that ended in Jun. 2023 => Competition eroding margins

During the past 8 years, the highest Gross Margin % of Noratis AG was 53.48%. The lowest was 26.93%. And the median was 30.61%.

Noratis AG Gross Profit Historical Data

The historical data trend for Noratis AG'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.

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Noratis AG Gross Profit Chart

Noratis AG Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Gross Profit

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21.62

22.52

15.80

24.45

25.10

Noratis AG Semi-Annual Data
	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Gross Profit	Get a 7-Day Free Trial											17.37	7.08	17.00	8.10	11.37

Competitive Comparison of Noratis AG's Gross Profit

For the Real Estate - Development subindustry, Noratis AG'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.

Noratis AG's Gross Profit Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Noratis AG's Gross Profit distribution charts can be found below:

* The bar in red indicates where Noratis AG's Gross Profit falls into.

Noratis AG Gross Profit Calculation

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

Noratis AG's Gross Profit for the fiscal year that ended in Dec. 2022 is calculated as

Gross Profit (A: Dec. 2022 )	=	Revenue	-	Cost of Goods Sold
	=	86.101	-	60.998
	=	25.10

Noratis AG's Gross Profit for the quarter that ended in Jun. 2023 is calculated as

Gross Profit (Q: Jun. 2023 )	=	Revenue	-	Cost of Goods Sold
	=	33.479	-	22.108
	=	11.37

Gross Profit for the trailing twelve months (TTM) ended in Jun. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was €19.47 Mil.

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

Noratis AG'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 )
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	11.37	/	33.479
	=	33.96 %

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.

Noratis AG (HAM:NUVA) 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

Noratis AG had a gross margin of 33.96% for the quarter that ended in Jun. 2023 => Competition eroding margins

Noratis AG Gross Profit Related Terms

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Noratis AG (HAM:NUVA) Business Description

Industry

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NUVA:Germany

Address

Hauptstrasse 129, Eschborn, HE, DEU, 65760

Website

https://www.noratis.de

Noratis AG is a developer of residential property portfolios. The company invests in residential properties with technical and commercial development potential in Germany, mainly in small and medium-sized towns or on the outskirts of metropolitan areas. The Company specializes in the upgrading of ageing residential portfolios, mostly company-owned apartments, residential areas or housing estates in cities with more than 10,000 inhabitants and in peripheral areas of conurbations.