NetEnt AB (OSTO:NET IL B.PFD) Gross Profit : kr2,083.03 Mil (TTM As of Sep. 2020)

NetEnt AB Gross Profit Chart

NetEnt AB Annual Data
	Trend	Dec10	Dec11	Dec12	Dec13	Dec14	Dec15	Dec16	Dec17	Dec18	Dec19
Gross Profit		Get a 7-Day Free Trial					1,129.41	1,452.16	1,630.55	1,778.17	1,766.73

NetEnt AB Quarterly Data
	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20
Gross Profit	Get a 7-Day Free Trial															437.43	504.59	509.55	558.45	510.44

Competitive Comparison of NetEnt AB's Gross Profit

For the Electronic Gaming & Multimedia subindustry, NetEnt 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.

NetEnt AB's Gross Profit Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, NetEnt AB's Gross Profit distribution charts can be found below:

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

NetEnt AB Gross Profit Calculation

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

NetEnt AB's Gross Profit for the fiscal year that ended in Dec. 2019 is calculated as

NetEnt AB's Gross Profit for the quarter that ended in Sep. 2020 is calculated as

Gross Profit for the trailing twelve months (TTM) ended in Sep. 2020 adds up the quarterly data reported by the company within the most recent 12 months, which was kr2,083.03 Mil.

Gross Profit is the numerator in the calculation of Gross Margin. (Note that if there's no value for Cost of Goods Sold, then Gross Margin % is not calculated.)

NetEnt AB's Gross Margin % for the quarter that ended in Sep. 2020 is calculated as

* 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.

NetEnt AB  (OSTO:NET IL B.PFD) 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

NetEnt AB had a gross margin of N/A% for the quarter that ended in Sep. 2020 => No sustainable competitive advantage

NetEnt AB Gross Profit Related Terms

Thank you for viewing the detailed overview of NetEnt AB's Gross Profit provided by GuruFocus.com. Please click on the following links to see related term pages.

NetEnt AB (OSTO:NET IL B.PFD) Business Description