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Rentunder Holding AB (NGM:RENT) Gross Profit : kr1.52 Mil (TTM As of Dec. 2024)


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What is Rentunder Holding AB Gross Profit?

Rentunder Holding AB's gross profit for the six months ended in Dec. 2024 was kr0.14 Mil. Rentunder Holding AB's gross profit for the trailing twelve months (TTM) ended in Dec. 2024 was kr1.52 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Rentunder Holding AB's gross profit for the six months ended in Dec. 2024 was kr0.14 Mil. Rentunder Holding AB's Revenue for the six months ended in Dec. 2024 was kr1.27 Mil. Therefore, Rentunder Holding AB's Gross Margin % for the quarter that ended in Dec. 2024 was 10.64%.

Rentunder Holding AB had a gross margin of 10.64% for the quarter that ended in Dec. 2024 => No sustainable competitive advantage

During the past 9 years, the highest Gross Margin % of Rentunder Holding AB was 54.87%. The lowest was -52.06%. And the median was 35.90%.


Rentunder Holding AB Gross Profit Historical Data

The historical data trend for Rentunder Holding 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.

Rentunder Holding AB Gross Profit Chart

Rentunder Holding AB Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Gross Profit
Get a 7-Day Free Trial Premium Member Only 0.97 4.19 4.47 6.97 2.42

Rentunder Holding AB Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 2.34 1.97 4.25 1.39 0.14

Competitive Comparison of Rentunder Holding AB's Gross Profit

For the Pollution & Treatment Controls subindustry, Rentunder Holding 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.


Rentunder Holding AB's Gross Profit Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Rentunder Holding AB's Gross Profit distribution charts can be found below:

* The bar in red indicates where Rentunder Holding AB's Gross Profit falls into.


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Rentunder Holding AB Gross Profit Calculation

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

Rentunder Holding AB's Gross Profit for the fiscal year that ended in Dec. 2024 is calculated as

Gross Profit (A: Dec. 2024 )=Revenue - Cost of Goods Sold
=4.401 - 1.986
=2.42

Rentunder Holding AB's Gross Profit for the quarter that ended in Dec. 2024 is calculated as

Gross Profit (Q: Dec. 2024 )=Revenue - Cost of Goods Sold
=1.269 - 1.134
=0.14

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was kr1.52 Mil.

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

Rentunder Holding AB'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 )
=(Revenue - Cost of Goods Sold) / Revenue
=0.14 / 1.269
=10.64 %

* 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.


Rentunder Holding AB  (NGM:RENT) 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

Rentunder Holding AB had a gross margin of 10.64% for the quarter that ended in Dec. 2024 => No sustainable competitive advantage


Rentunder Holding AB Gross Profit Related Terms

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Rentunder Holding AB Business Description

Traded in Other Exchanges
N/A
Address
Gammelbygatan 18, Osthammar, SWE, 742 34
Rentunder Holding AB manufactures and sells mobile boat bottom washers. It offers stationary boat washers for motor and sailing boats up to 12, 14 and 16 meters in length and a mobile boat bottom wash for motor boats up to 8 meters.