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Ayfie Group AS (OSL:AYFIE) Gross Profit : kr19.84 Mil (TTM As of Dec. 2023)


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What is Ayfie Group AS Gross Profit?

Ayfie Group AS's gross profit for the six months ended in Dec. 2023 was kr9.36 Mil. Ayfie Group AS's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was kr19.84 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Ayfie Group AS's gross profit for the six months ended in Dec. 2023 was kr9.36 Mil. Ayfie Group AS's Revenue for the six months ended in Dec. 2023 was kr9.72 Mil. Therefore, Ayfie Group AS's Gross Margin % for the quarter that ended in Dec. 2023 was 96.24%.

Ayfie Group AS had a gross margin of 96.24% for the quarter that ended in Dec. 2023 => Durable competitive advantage

During the past 7 years, the highest Gross Margin % of Ayfie Group AS was 96.35%. The lowest was 90.95%. And the median was 94.83%.


Ayfie Group AS Gross Profit Historical Data

The historical data trend for Ayfie Group AS'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.

Ayfie Group AS Gross Profit Chart

Ayfie Group AS Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial 41.74 38.62 36.92 24.13 19.84

Ayfie Group AS Semi-Annual Data
Dec17 Dec18 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 20.12 13.00 11.13 10.49 9.36

Competitive Comparison of Ayfie Group AS's Gross Profit

For the Software - Application subindustry, Ayfie Group AS'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.


Ayfie Group AS's Gross Profit Distribution in the Software Industry

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

* The bar in red indicates where Ayfie Group AS's Gross Profit falls into.



Ayfie Group AS Gross Profit Calculation

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

Ayfie Group AS'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
=20.595 - 0.752
=19.84

Ayfie Group AS's Gross Profit for the quarter that ended in Dec. 2023 is calculated as

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=9.72 - 0.365
=9.36

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 kr19.84 Mil.

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

Ayfie Group AS'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
=9.36 / 9.72
=96.24 %

* 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.


Ayfie Group AS  (OSL:AYFIE) 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

Ayfie Group AS had a gross margin of 96.24% for the quarter that ended in Dec. 2023 => Durable competitive advantage


Ayfie Group AS Gross Profit Related Terms

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Ayfie Group AS (OSL:AYFIE) Business Description

Traded in Other Exchanges
N/A
Address
Karenslyst Alle 10, Oslo, NOR, 0278
Ayfie Group AS is a search company offering intelligent knowledge discovery products and search solutions. The firm is a software company specializing in text analytics and smart research based on natural language processing and machine learning. Its core products are ayfie Inspector and ayfie Locator which is used in the legal, financial, corporate, and compliance markets. The company generates a majority of its revenue from subscriptions and geographically, it generates from Norway.

Ayfie Group AS (OSL:AYFIE) Headlines

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