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Time People Group AB (NGM:TPGR) Gross Profit : kr-33.3 Mil (TTM As of Jan. 2024)


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What is Time People Group AB Gross Profit?

Time People Group AB's gross profit for the three months ended in Jan. 2024 was kr27.6 Mil. Time People Group AB's gross profit for the trailing twelve months (TTM) ended in Jan. 2024 was kr-33.3 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Time People Group AB's gross profit for the three months ended in Jan. 2024 was kr27.6 Mil. Time People Group AB's Revenue for the three months ended in Jan. 2024 was kr65.2 Mil. Therefore, Time People Group AB's Gross Margin % for the quarter that ended in Jan. 2024 was 42.36%.

Time People Group AB had a gross margin of 42.36% for the quarter that ended in Jan. 2024 => Durable competitive advantage

During the past 7 years, the highest Gross Margin % of Time People Group AB was 23.06%. The lowest was -12.25%. And the median was 15.79%.

Warning Sign:

Time People Group AB gross margin has been in long-term decline. The average rate of decline per year is -7.4%.


Time People Group AB Gross Profit Historical Data

The historical data trend for Time People 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.

Time People Group AB Gross Profit Chart

Time People Group AB Annual Data
Trend Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23
Gross Profit
Get a 7-Day Free Trial 25.43 30.86 29.49 46.95 36.57

Time People Group AB Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 37.43 -70.18 1.16 8.06 27.61

Competitive Comparison of Time People Group AB's Gross Profit

For the Information Technology Services subindustry, Time People 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.


Time People Group AB's Gross Profit Distribution in the Software Industry

For the Software industry and Technology sector, Time People Group AB's Gross Profit distribution charts can be found below:

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



Time People Group AB Gross Profit Calculation

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

Time People Group AB's Gross Profit for the fiscal year that ended in Apr. 2023 is calculated as

Gross Profit (A: Apr. 2023 )=Revenue - Cost of Goods Sold
=314.402 - 277.832
=36.6

Time People Group AB's Gross Profit for the quarter that ended in Jan. 2024 is calculated as

Gross Profit (Q: Jan. 2024 )=Revenue - Cost of Goods Sold
=65.187 - 37.573
=27.6

Gross Profit for the trailing twelve months (TTM) ended in Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was kr-33.3 Mil.

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

Time People Group AB's Gross Margin % for the quarter that ended in Jan. 2024 is calculated as

Gross Margin % (Q: Jan. 2024 )=Gross Profit (Q: Jan. 2024 ) / Revenue (Q: Jan. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=27.6 / 65.187
=42.36 %

* 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.


Time People Group AB  (NGM:TPGR) 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

Time People Group AB had a gross margin of 42.36% for the quarter that ended in Jan. 2024 => Durable competitive advantage


Time People Group AB Gross Profit Related Terms

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Time People Group AB (NGM:TPGR) Business Description

Traded in Other Exchanges
N/A
Address
Kungsgatan 62, Stockholm, SWE, 111 22
Time People Group AB conducts consulting activities in Stockholm. It offers services that cover the entire chain from strategy, change and project management, programs, and system and method development, to test engagement and management. The group operates under its own brands with a clear focus and expertise in IT and Management.

Time People Group AB (NGM:TPGR) Headlines

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