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Abelco Investment Group AB (NGM:ABIG) Gross Profit : kr0.61 Mil (TTM As of Dec. 2023)


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What is Abelco Investment Group AB Gross Profit?

Abelco Investment Group AB's gross profit for the six months ended in Dec. 2023 was kr0.54 Mil. Abelco Investment Group AB's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was kr0.61 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Abelco Investment Group AB's gross profit for the six months ended in Dec. 2023 was kr0.54 Mil. Abelco Investment Group AB's Revenue for the six months ended in Dec. 2023 was kr0.14 Mil. Therefore, Abelco Investment Group AB's Gross Margin % for the quarter that ended in Dec. 2023 was 402.96%.

Abelco Investment Group AB had a gross margin of 402.96% for the quarter that ended in Dec. 2023 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of Abelco Investment Group AB was 24.40%. The lowest was -41.68%. And the median was -13.83%.


Abelco Investment Group AB Gross Profit Historical Data

The historical data trend for Abelco Investment Group AB'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.

Abelco Investment Group AB Gross Profit Chart

Abelco Investment Group AB Annual Data
Trend Dec13 Dec14 Dec15 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only -5.43 -2.89 -1.48 1.36 0.61

Abelco Investment Group AB Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 0.37 0.88 0.48 0.06 0.54

Competitive Comparison of Abelco Investment Group AB's Gross Profit

For the Asset Management subindustry, Abelco Investment Group AB'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.


Abelco Investment Group AB's Gross Profit Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Abelco Investment Group AB's Gross Profit distribution charts can be found below:

* The bar in red indicates where Abelco Investment Group AB's Gross Profit falls into.



Abelco Investment Group AB Gross Profit Calculation

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

Abelco Investment Group AB'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
=2.532 - 1.924
=0.61

Abelco Investment Group AB's Gross Profit for the quarter that ended in Dec. 2023 is calculated as

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=0.135 - -0.409
=0.54

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was kr0.61 Mil.

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

Abelco Investment Group AB's Gross Margin % for the quarter that ended in Dec. 2023 is calculated as

Gross Margin % (Q: Dec. 2023 )=Gross Profit (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=(Revenue - Cost of Goods Sold) / Revenue
=0.54 / 0.135
=402.96 %

* 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.


Abelco Investment Group AB  (NGM:ABIG) 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

Abelco Investment Group AB had a gross margin of 402.96% for the quarter that ended in Dec. 2023 => Durable competitive advantage


Abelco Investment Group AB Gross Profit Related Terms

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Abelco Investment Group AB (NGM:ABIG) Business Description

Traded in Other Exchanges
N/A
Address
Nybrogatan 6, Stockholm, SWE, 114 34
Abelco Investment Group AB is an investment company and venture builder. It invests or builds companies in the digitized the growth sectors with a primary focus on the verticals Gaming / E-sports, E-commerce and Fintech.

Abelco Investment Group AB (NGM:ABIG) Headlines

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