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SkiStar AB (OSTO:SKIS B) Gross Profit : kr2,445 Mil (TTM As of Aug. 2024)


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What is SkiStar AB Gross Profit?

SkiStar AB's gross profit for the three months ended in Aug. 2024 was kr68 Mil. SkiStar AB's gross profit for the trailing twelve months (TTM) ended in Aug. 2024 was kr2,445 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. SkiStar AB's gross profit for the three months ended in Aug. 2024 was kr68 Mil. SkiStar AB's Revenue for the three months ended in Aug. 2024 was kr339 Mil. Therefore, SkiStar AB's Gross Margin % for the quarter that ended in Aug. 2024 was 20.16%.

SkiStar AB had a gross margin of 20.16% for the quarter that ended in Aug. 2024 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of SkiStar AB was 61.77%. The lowest was 43.41%. And the median was 57.09%.

Warning Sign:

SkiStar AB gross margin has been in long-term decline. The average rate of decline per year is -1.3%.


SkiStar AB Gross Profit Historical Data

The historical data trend for SkiStar 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.

SkiStar AB Gross Profit Chart

SkiStar AB Annual Data
Trend Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,383.31 1,194.11 2,236.87 2,185.69 2,439.67

SkiStar AB Quarterly Data
Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24
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 69.91 -51.93 1,597.11 831.05 68.38

Competitive Comparison of SkiStar AB's Gross Profit

For the Resorts & Casinos subindustry, SkiStar 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.


SkiStar AB's Gross Profit Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, SkiStar AB's Gross Profit distribution charts can be found below:

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



SkiStar AB Gross Profit Calculation

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

SkiStar AB's Gross Profit for the fiscal year that ended in Aug. 2024 is calculated as

Gross Profit (A: Aug. 2024 )=Revenue - Cost of Goods Sold
=4679.385 - 2239.715
=2,440

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

Gross Profit (Q: Aug. 2024 )=Revenue - Cost of Goods Sold
=339.13 - 270.752
=68

Gross Profit for the trailing twelve months (TTM) ended in Aug. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was kr2,445 Mil.

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

SkiStar AB's Gross Margin % for the quarter that ended in Aug. 2024 is calculated as

Gross Margin % (Q: Aug. 2024 )=Gross Profit (Q: Aug. 2024 ) / Revenue (Q: Aug. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=68 / 339.13
=20.16 %

* 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.


SkiStar AB  (OSTO:SKIS B) 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

SkiStar AB had a gross margin of 20.16% for the quarter that ended in Aug. 2024 => Competition eroding margins


SkiStar AB Gross Profit Related Terms

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SkiStar AB Business Description

Traded in Other Exchanges
Address
Malung-Salen, Dalarna, Salen, SWE, 78091
SkiStar AB operates resorts in Scandinavia. The company manages and operates mountain ski resorts in Hemsedal and Trysil, Norway, as well as in Salen, Are, and Vemdalen, in Sweden. It has an online system where guests can book accommodations, ski passes, ski school lessons, and ski rentals. SkiStar operates its business in the following segments; Operation of Mountain Resorts; Property Development and Operation of Hotels. A majority of its revenue is generated from the Operation of Mountain Resorts segment which comprises the operation of ski resorts and the sale of all products and services in this area, such as SkiPass, accommodation, activities, skishop products, etc. The company also manages accommodation properties for hire and owns the land for development.

SkiStar AB Headlines

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