Smartoptics Group AS (OSL:SMOP) Gross Profit : kr268.9 Mil (TTM As of Sep. 2024)

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What is Smartoptics Group AS Gross Profit?

Smartoptics Group AS's gross profit for the three months ended in Sep. 2024 was kr65.1 Mil. Smartoptics Group AS's gross profit for the trailing twelve months (TTM) ended in Sep. 2024 was kr268.9 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Smartoptics Group AS's gross profit for the three months ended in Sep. 2024 was kr65.1 Mil. Smartoptics Group AS's Revenue for the three months ended in Sep. 2024 was kr137.8 Mil. Therefore, Smartoptics Group AS's Gross Margin % for the quarter that ended in Sep. 2024 was 47.29%.

Smartoptics Group AS had a gross margin of 47.29% for the quarter that ended in Sep. 2024 => Durable competitive advantage

During the past 6 years, the highest Gross Margin % of Smartoptics Group AS was 50.01%. The lowest was 37.76%. And the median was 43.85%.

Smartoptics Group AS Gross Profit Historical Data

The historical data trend for Smartoptics 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.

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Smartoptics Group AS Gross Profit Chart

Smartoptics Group AS Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Gross Profit

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103.22

125.51

175.49

250.49

308.46

Smartoptics Group AS Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Gross Profit	Get a 7-Day Free Trial															72.90	73.32	65.22	65.24	65.15

Competitive Comparison of Smartoptics Group AS's Gross Profit

For the Communication Equipment subindustry, Smartoptics 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.

Smartoptics Group AS's Gross Profit Distribution in the Hardware Industry

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

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

Smartoptics Group AS Gross Profit Calculation

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

Smartoptics 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
	=	616.866	-	308.402
	=	308.5

Smartoptics Group AS's Gross Profit for the quarter that ended in Sep. 2024 is calculated as

Gross Profit (Q: Sep. 2024 )	=	Revenue	-	Cost of Goods Sold
	=	137.754	-	72.606
	=	65.1

Gross Profit for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was kr268.9 Mil.

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

Smartoptics Group AS's Gross Margin % for the quarter that ended in Sep. 2024 is calculated as

Gross Margin % (Q: Sep. 2024 )	=	Gross Profit (Q: Sep. 2024 )	/	Revenue (Q: Sep. 2024 )
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	65.1	/	137.754
	=	47.29 %

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.

Smartoptics Group AS (OSL:SMOP) 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

Smartoptics Group AS had a gross margin of 47.29% for the quarter that ended in Sep. 2024 => Durable competitive advantage

Smartoptics Group AS Gross Profit Related Terms

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Smartoptics Group AS Business Description

Industry

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Traded in Other Exchanges

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Address

Brynsalleen 2, Oslo, NOR, 0667

Website

https://www.smartoptics.com

Smartoptics Group AS provides optical networking solutions and devices for open networking. The company has three main product categories: Solutions, Optical Devices, and Software & Services. These products are used to construct various Enterprise, Governmental, DCI, Metro, and Regional networks. The Solutions consist of the DCP-R family, DCP-F family, DCP-M family, Transponders and Muxponders, as well as transceivers used in connection with the System projects. Optical devices consist of transceivers, passive filters, and accessories that are sold independent of products in the Solutions offering. Software and Services are closely related to Solutions, as customers buy a complete solution including a Software and Services package.

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