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SinterCast AB (OSTO:SINT) Gross Profit : kr98.6 Mil (TTM As of Sep. 2024)


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What is SinterCast AB Gross Profit?

SinterCast AB's gross profit for the three months ended in Sep. 2024 was kr24.3 Mil. SinterCast AB's gross profit for the trailing twelve months (TTM) ended in Sep. 2024 was kr98.6 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. SinterCast AB's gross profit for the three months ended in Sep. 2024 was kr24.3 Mil. SinterCast AB's Revenue for the three months ended in Sep. 2024 was kr32.6 Mil. Therefore, SinterCast AB's Gross Margin % for the quarter that ended in Sep. 2024 was 74.54%.

SinterCast AB had a gross margin of 74.54% for the quarter that ended in Sep. 2024 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of SinterCast AB was 78.56%. The lowest was 70.86%. And the median was 75.63%.

Warning Sign:

SinterCast AB gross margin has been in long-term decline. The average rate of decline per year is -1.4%.


SinterCast AB Gross Profit Historical Data

The historical data trend for SinterCast 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.

SinterCast AB Gross Profit Chart

SinterCast AB Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 89.00 68.30 76.10 86.70 98.50

SinterCast AB 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 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 30.80 25.50 22.50 26.30 24.30

Competitive Comparison of SinterCast AB's Gross Profit

For the Specialty Industrial Machinery subindustry, SinterCast 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.


SinterCast AB's Gross Profit Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, SinterCast AB's Gross Profit distribution charts can be found below:

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



SinterCast AB Gross Profit Calculation

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

SinterCast AB'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
=134.5 - 36
=98.5

SinterCast AB's Gross Profit for the quarter that ended in Sep. 2024 is calculated as

Gross Profit (Q: Sep. 2024 )=Revenue - Cost of Goods Sold
=32.6 - 8.3
=24.3

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 kr98.6 Mil.

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

SinterCast AB'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
=24.3 / 32.6
=74.54 %

* 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.


SinterCast AB  (OSTO:SINT) 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

SinterCast AB had a gross margin of 74.54% for the quarter that ended in Sep. 2024 => Durable competitive advantage


SinterCast AB Gross Profit Related Terms

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SinterCast AB Business Description

Traded in Other Exchanges
Address
Kungsgatan 2, Technical Centre, Katrineholm, SWE, 641 30
SinterCast AB is a supplier of process control technology for the reliable high-volume production of Compacted Graphite Iron. The company has classified its revenue that is Equipment, which includes sold and leased systems, mini-systems, and spare parts; Series Production includes consumables, production fees, and software license fees; Engineering Services, which includes performed engineering services, demonstrations, and sales of test pieces; and Group Sales, which represent delivery to foreign subsidiaries of equipment, and engineering service. The sales of the Series Production category generate maximum revenue for the company. Geographically, it derives the majority of its revenue from Brazil followed by Mexico.