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CodeLab Capital AS (OSL:CODE) Gross Profit : kr-1.37 Mil (TTM As of Jun. 2024)


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What is CodeLab Capital AS Gross Profit?

CodeLab Capital AS's gross profit for the three months ended in Jun. 2024 was kr-0.81 Mil. CodeLab Capital AS's gross profit for the trailing twelve months (TTM) ended in Jun. 2024 was kr-1.37 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. CodeLab Capital AS's gross profit for the three months ended in Jun. 2024 was kr-0.81 Mil. CodeLab Capital AS's Revenue for the three months ended in Jun. 2024 was kr-0.30 Mil. Therefore, CodeLab Capital AS's Gross Margin % for the quarter that ended in Jun. 2024 was 270.13%.

CodeLab Capital AS had a gross margin of 270.13% for the quarter that ended in Jun. 2024 => Durable competitive advantage

During the past 6 years, the highest Gross Margin % of CodeLab Capital AS was 578.48%. The lowest was 71.33%. And the median was 83.57%.


CodeLab Capital AS Gross Profit Historical Data

The historical data trend for CodeLab Capital 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.

CodeLab Capital AS Gross Profit Chart

CodeLab Capital AS Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial 94.57 116.99 176.47 162.72 50.42

CodeLab Capital AS Quarterly Data
Dec18 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Dec23 Mar24 Jun24
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 38.80 42.49 - -0.57 -0.81

Competitive Comparison of CodeLab Capital AS's Gross Profit

For the Health Information Services subindustry, CodeLab Capital 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.


CodeLab Capital AS's Gross Profit Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, CodeLab Capital AS's Gross Profit distribution charts can be found below:

* The bar in red indicates where CodeLab Capital AS's Gross Profit falls into.



CodeLab Capital AS Gross Profit Calculation

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

CodeLab Capital 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
=59.171 - 8.756
=50.42

CodeLab Capital AS's Gross Profit for the quarter that ended in Jun. 2024 is calculated as

Gross Profit (Q: Jun. 2024 )=Revenue - Cost of Goods Sold
=-0.298 - 0.507
=-0.81

Gross Profit for the trailing twelve months (TTM) ended in Jun. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was kr-1.37 Mil.

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

CodeLab Capital AS's Gross Margin % for the quarter that ended in Jun. 2024 is calculated as

Gross Margin % (Q: Jun. 2024 )=Gross Profit (Q: Jun. 2024 ) / Revenue (Q: Jun. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=-0.81 / -0.298
=270.13 %

* 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.


CodeLab Capital AS  (OSL:CODE) 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

CodeLab Capital AS had a gross margin of 270.13% for the quarter that ended in Jun. 2024 => Durable competitive advantage


CodeLab Capital AS Gross Profit Related Terms

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CodeLab Capital AS Business Description

Traded in Other Exchanges
Address
Postboks 339 Skoyen, Oslo, NOR, 0213
CodeLab Capital AS is a holding company engaged in tech companies with its subsidiary. It makes software development tools for the B2B market. It is involved in R&D activities, developing software, and intellectual property. It provides cloud solutions for health professionals.

CodeLab Capital AS Headlines

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